Legal fight looms over Hargreaves Lansdown’s role in Woodford fund RGL Management is edging closer to launching a group legal claim against HL The claim is against HL’s promotion of Woodford Equity Income ahead of its closure in June last year It believes investors who bought the fund were not fully informed of the risks … Read more
Katy Perry will be joining forces with Haily Bieber, Rita Ora and Lil Nas X, among others, for a good cause. The stars will be raising funds to support and raise awareness for the COVID-19 Solidarity Response Fund for the World Health Organization (WHO), which is powered by the United Nations Foundation. The event will take … Read more
Couple are branded ‘deluded’ and ‘self-centered’ for asking people to fund their ‘dream traditional wedding’ and honeymoon amid the coronavirus pandemic Couple, believed to be from the UK, asked for donations to fund ‘dream wedding’ Also revealed needed money for honeymoon in either Peru, Dubai or Egypt People were outraged and branded the couple ‘tacky’ … Read more
American hedge fund Citadel places £275m bets against UK grocers Citadel has been building up short positions in both Sainsbury’s and Morrisons Citadel is also betting against shares in troubled airline group easyJet By Jamie Nimmo For The Financial Mail On Sunday Published: 22:22 BST, 25 April 2020 | Updated: 22:22 BST, 25 April 2020 … Read more
Star fund manager Alastair Mundy has been put on long-term sick leave, prompting the board of £509million investment trust Temple Bar to give notice to existing managers Ninety One. The announcement came after the board confirmed last week that Mundy would be taking an extended leave of absence for health reasons, though said these were … Read more
Demi Lovato launches The Mental Health Fund to fund crisis counseling amid coronavirus pandemic: ‘You are not alone’ By Kevin Kayhart For Dailymail.com Published: 04:28 BST, 22 April 2020 | Updated: 04:28 BST, 22 April 2020 Demi Lovato has been open about her struggles with mental health throughout her life. And on Monday, the singer, … Read more
It’s been hailed as a wonder drug with the potential to extend the lives of thousands of people with cystic fibrosis. But patients across the UK still can’t get their hands on Orkambi – despite it being a year since Theresa May promised to take action. The drug, which slows lung deterioration, received its European … Read more
City veteran Martin Gilbert appointed chairman of fund manager Toscafund as he prepares to exit Standard Life Aberdeen By Neil Craven, Financial Mail on Sunday Published: 21:52 BST, 18 April 2020 | Updated: 22:27 BST, 18 April 2020 City veteran Martin Gilbert has been appointed chairman of fund manager Toscafund as he prepares to exit … Read more
World’s most powerful hedge fund and founder of Hargreaves Lansdown both tip markets to crash again this year By Ben Harrington, Financial Mail on Sunday Published: 21:52 BST, 18 April 2020 | Updated: 22:29 BST, 18 April 2020 The founder of Britain’s biggest stockbroker and the world’s most powerful hedge fund have tipped markets … Read more
Attempts to use taxpayer money to fund a new wave of business challenger banks were dealt another blow a fortnight ago as Nationwide Building Society announced it was scrapping a move into SME lending. Britain’s largest mutual is the latest to hand back money it was given to expand its business proposition after Metro Bank … Read more