Disgraced fund manager Neil Woodford is still under investigation by the City watchdog – but that hasn’t stopped him setting up an investment firm in a bid to revive his career. Woodford’s original investment empire collapsed in 2019 and since then, savers who entrusted him with their money have lost at least £1billion. That is … Read more
While Covid has been an unwelcome interruption for international teleradiology specialist Medica Group, the company has still been able ‘to take great strides in executing on its strategy and the growth potential of the business remains strong’, says Stuart Quin, chief executive. Pre-lockdown, Medica fleshed out plans to double revenues in five years. It said … Read more
INVESTING SHOW: Will Britain’s rapid vaccine rollout and a route out of lockdown boost UK shares? By This Is Money Published: 16:53 GMT, 15 February 2021 | Updated: 16:53 GMT, 15 February 2021 The UK’s record on coronavirus has been patchy at best but the nation’s vaccine rollout is a success so far. Prime Minister … Read more
Digital technology investment could boost the economy by £232bn over the next 20 years, research finds Tech investment in health and social care alone could add £33bn to UK GDP Starting investment early could add £74billion to Britain’s economy by 2025 Covid-19 has accelerated flexible working and the delivery of digital services By Harry Wise … Read more
Car insurance premiums fell by £100 in January compared to December, new research has revealed. The typical annual outlay for cover now sits at £627, the cheapest level since summer 2015, according to data from Compare the Market. The change of £100 means a fall of 14 per cent from December 2020 to January 2021 … Read more
An estimated three quarters of a million home buyers are set to benefit from the Government’s stamp duty holiday, saving themselves nearly £5billion in tax. Around 740,000 people who agreed sales between May and December 2020 have either already taken advantage of the saving, or will do before the deadline, according to property portal Zoopla. … Read more
Councils in England are to be allocated £500million to repair some 10 million potholes scattered across the country’s local roads, the Government has said this morning. The funding is the second instalment from the £2.5billion Potholes Fund launched by the Chancellor last year and is not a newly announced cash injection. The AA welcomed the … Read more
Jaguar Land Rover bosses have outlined the car maker’s future plans, including the intention for Jaguar to be an ‘all-electric luxury brand’ to rival Tesla from 2025. The move will see Jaguar completely axe the petrol engines that made its name within the next four years. Land Rover will also launch six new pure electric … Read more
Vodafone’s Vantage Towers subsidiary grows portfolio to 82,000 sites ahead of expected £2.6bn listing Vantage announced a partnership with the IoT services firm Sigfox Germany Vodafone’s revenues dipped by 4.7% to just below £10bn in the third quarter Vantage said it expects to hit its full-year earnings target of £454m to £463m By Harry Wise … Read more
Jaguar Land Rover bosses have this morning outlined the car maker’s future plans, including the intention for Jaguar to be an ‘all-electric luxury brand’ to rival Tesla from 2025. Land Rover will also launch six new pure electric models in the next five years and every car in its range will have an electric option … Read more