Tesco facing investor revolt over pay rules

Tesco facing investor revolt over pay rules after departing boss is handed a controversial bonus boost By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020  Tesco is facing an investor revolt over a controversial decision to change its pay rules and hand outgoing boss … Read more

Now UK Finance boss is accused of sorting ‘questionable’ £2bn loan

Fresh row hits tainted UK Finance: Ex boss accused of sorting ‘questionable’ £2bn loan as Barclays fought to avoid a Government bailout in 2008 By Tom Witherow For The Daily Mail Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 The former boss of UK Finance embroiled in a sexism row … Read more

TRUST WATCH; Miton Global Opportunities

MILTON GLOBAL OPPORTUNITIES: A quirky trust that only invests in other London-listed trusts By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 What is it? An unusual trust that only invests in other investment trusts listed on the London Stock Exchange and the managers think … Read more

Treasury loses more than £2.5bn in fuel duty payments in lockdown 

Treasury loses more than £2.5billion in fuel duty payments due to dramatic drop in car use during lockdown By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 The Treasury has lost  £2.5bn in fuel duty under lockdown The lockdown has cost the Treasury more … Read more

MAGGIE PAGANO: Private sector knows how to ease us out of lockdown

Britain’s public finances are in a mess. The debt is greater than the size of the economy after the Government borrowed a record amount in May to save the country from collapse. The latest Office for National Statistics figures show the UK borrowed around £55.2billion in May, about nine times more than the same month … Read more

INVESTMENT EXTRA: Scottish Mortgage delivers out of this world return

Back in 1909, Louis Bleriot piloted the first flight across the Channel, making history – and winning a £1,000 prize from this newspaper. That same year, the Straits Mortgage and Trust was set up to finance the Malaysian rubber industry. Today that investment trust, now known as Scottish Mortgage, is the world’s biggest and one … Read more

Leaked images from a Chinese government website reveal VW’s ID.4

Volkswagen’s second model in its standalone all-electric ID range has been revealed in error by the Chinese government as the car company fights for dominance in an electric car market largely associated with rival Tesla. Leaked pictures of the production-ready ID.4 SUV have been posted online after they were issued by VW to China’s Ministry … Read more

Are banks triggering a mortgage credit crunch? This is Money podcast

Are banks triggering a mortgage credit crunch? This is Money’s podcast on the coronavirus-hit property market By This Is Money Published: 15:56 BST, 19 June 2020 | Updated: 16:01 BST, 19 June 2020 Banks and building societies have been slashing their mortgage ranges for those with smaller deposits. The number of mortgages available for those … Read more

Chinese government accidentally leaks images of Volkswagen’s ID.4

Volkswagen’s second model in its standalone all-electric ID range has been revealed in error by the Chinese government. Leaked pictures of the production-ready ID.4 SUV have been posted online after they were issued by VW to China’s Ministry of Industry and Information Technology – a process that all car firms must follow to gain type … Read more