Jacob Rees-Mogg takes a hit as profits plunge at Somerset: Investment firm suffers from downturn in global markets By Daily Mail City & Finance Reporter Published: 16:50 EST, 8 January 2023 | Updated: 16:50 EST, 8 January 2023 Slump: Somerset Capital was co-founded by Jacob Rees-Mogg in 2007 Jacob Rees-Mogg’s …
Read More »Temple Bar Investment Trust delivers 76% return under new managers
TEMPLE BAR INVESTMENT TRUST: Managers raise the Bar . . . as fund delivers a 76% return UK equity income-focused trust is now run by Ian Lance and Nick Purves The £840million fund has delivered a 76% return since October 2020 The big ‘bets’ fall into three camps – energy …
Read More »Royal Mail slump ‘vindicates’ £3.3bn sale price, says Vince Cable
Royal Mail slump ‘vindicates’ £3.3bn sale price, says former business secretary Vince Cable By Calum Muirhead For The Daily Mail Published: 16:55 EST, 5 January 2023 | Updated: 16:55 EST, 5 January 2023 The crisis at Royal Mail ‘vindicates’ the Government’s decision to sell it for £3.3billion, according to former …
Read More »Royal Mail braced for £650m loss as it is crippled by strike action
Royal Mail braced for £650m loss as postal service is crippled by strike action and declining letter numbers By Calum Muirhead For The Daily Mail Published: 18:25 EST, 3 January 2023 | Updated: 18:25 EST, 3 January 2023 Royal Mail looks set for losses of nearly £650million after a horrid …
Read More »Royal Mail too confrontational over postal strikes, says ex-boss
Royal Mail too confrontational over postal strikes, says ex-boss: Rico Back believes that board has wasted time and ‘not executed properly’ By Daily Mail City & Finance Reporter Published: 16:50 EST, 1 January 2023 | Updated: 17:15 EST, 1 January 2023 The former chief executive of Royal Mail has criticised …
Read More »MIDAS SHARE TIPS: Revitalise your numbers with data gurus, ships and scientists
What a sorry start to 2023. The UK is either in recession or heading that way, stock markets look pretty cheerless and many investors are worried about what the coming months will bring. Yet, even now, there are grounds for optimism. Inflation should come down through the year, economic conditions …
Read More »DUNEDIN INCOME GROWTH INVESTMENT: Trust has a tight UK portfolio
DUNEDIN INCOME GROWTH INVESTMENT: Trust has a tight UK portfolio backed up by plenty of income By Jeff Prestridge for The Mail on Sunday Published: 16:56 EST, 31 December 2022 | Updated: 17:40 EST, 31 December 2022 Investment trust Dunedin Income Growth generates a mix of income and capital return …
Read More »Ten investment trusts I think could sparkle this year
Making money from your investments this year is going to be a challenge. Certainly, the portents are not good. Persistent inflation, recession and continued geopolitical tensions, could all weigh heavily on stock markets as corporate earnings are squeezed. Yet it’s often when things look at their bleakest that stock markets …
Read More »Perfume Shop hails record Christmas week as gift sets boost sales
Perfume Shop hails record Christmas week as designer fragrances and gift sets boost sales By Daily Mail City & Finance Reporter Published: 16:50 EST, 29 December 2022 | Updated: 16:50 EST, 29 December 2022 The Perfume Shop hailed a record Christmas week after sales of its products soared despite Royal …
Read More »ALEX BRUMMER: High price of pay deals
Friends arriving on the red eye from snow-bound New York couldn’t believe their luck at Heathrow. Instead of the winding immigration queues typical at US gateways, Britain’s temporarily fortified army border force proved miraculously efficient and even managed to welcome them to London with smiles. Former US president Ronald Reagan …
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