Two of Britain’s biggest investors will refuse to buy shares in Deliveroo when it launches on the stock market next month because of concerns about how they treat staff. The UK’s third most popular takeaway delivery service, behind UberEats and Just Eats, hopes to be valued at up to £8.8billion when it lists its shares … Read more
A new breed of thrill-seeking investors is taking huge financial risks on assets such as bitcoin, according to the City watchdog. In an alarming report, the Financial Conduct Authority (FCA) said trendy investment apps and social media platforms were fuelling speculative bets on the markets. The regulator said this ‘new, younger, more diverse’ group of … Read more
Young people are being drawn to high-risk investing despite almost two thirds admitting they can’t afford a significant loss, the financial watchdog has warned. The research, conducted by the Financial Conduct Authority, found that a new breed of young investors are attracted by the thrill and novelty of high-risk products rather than investing for the … Read more
Soaring crime rates will lead investors, tourists and even residents to abandon London, one of the country’s leading property tycoons has claimed. Nick Candy slammed London mayor Sadiq Khan’s ‘disgraceful’ attempts to tackle crime as he backed his Conservative rival Shaun Bailey for the top job for the election in May. Candy, 48, a self-made … Read more
Investors that had their fingers burnt but stayed put in Woodford Income Focus are wondering whether to jump ship or if things are finally starting to look up. While fallen star manager Neil Woodford’s flagship Equity Income fund hogged the headlines and was wound up, his lower profile Income Focus fund remained invested and got … Read more
Step aside GameStop! Reddit investors set their sights on saving endangered wildlife by adopting 3,500 gorillas in a week Reddit forum behind GameStop drama ploughs cash into endangered wildlife Dian Fossey Gorilla Fund and Sheldrick Wildlife Trust benefit from cash boost Reddit-based WallStreetBets forum send GameStop shares soaring this year By Jane Denton For Thisismoney … Read more
Investors snapped up BT shares after it spent far less than expected on buying new 5G airwaves. Analysts thought the telecoms giant would have to splash out £820million or even £1billion to buy the additional spectrum, which enables smartphone to download data faster. But EE-owner BT only forked out £452million, and its stock surged to … Read more
Britain now has the tricky task of striking a trade deal with China without turning a blind eye to the powerful nation’s dire human rights record. The Asian superpower is never far from controversy and is even considered a security threat to the UK economy. But where does this leave investors trading in China? Can … Read more
MARKET REPORT: ITV shares slide after Good Morning Britain presenter Piers Morgan’s departure spooks investors By Francesca Washtell For The Daily Mail Published: 21:57 GMT, 10 March 2021 | Updated: 21:57 GMT, 10 March 2021 The departure of controversial and outspoken presenter Piers Morgan prompted a sell-off in ITV shares yesterday. The broadcaster’s stock fell … Read more
Yogurt-maker Danone gives in to activist investors and agrees to ditch stake in Chinese dairy firm By Daily Mail City & Finance Reporter Published: 21:58 GMT, 1 March 2021 | Updated: 21:58 GMT, 1 March 2021 Under pressure: Danone has agreed to ditch its stake in a Chinese dairy business Danone has bowed to activist pressure and agreed … Read more