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Election nights are the kind of occasion when political aficionados plonk themselves in front of the TV and go online to Just Eat for some take-out food. The big question at present is who is going to take out the £5billion British food ordering and delivery platform. At the time of the proposed merger with … Read more
ALEX BRUMMER: Neil Woodford should be ordered to suspend fees – if he declines, his ‘approved’ status should be removed, banishing him from the City By Alex Brummer for the Daily Mail Published: 21:51 BST, 22 July 2019 | Updated: 17:28 BST, 23 July 2019 Seven weeks have passed since investors in the Woodford flagship … Read more
Most savers with direct or indirect holdings in funds run by Neil Woodford are nursing nasty losses. It is worse than that. Investors in two of the firms that promoted the Woodford cult – investor platform Hargreaves Lansdown (HL) and advisers St James’s Place – have had a nasty shock. Not everyone is a loser. … Read more
The cult of personality in fund management is relatively new. The people managing our assets historically were hidden in the back rooms of big investment firms, subservient to the star dealmakers and traders. Perhaps inevitably in an age of celebrity, those who put up the best performances emerged from the shadows essentially as a marketing … Read more
The remarkable aspect of the NSF bid was the conviction by its architect, John van Kuffeler that the Provvy deal was in the bag A great shortcoming of weak-kneed big battalion shareholders has been the failure to come together to defeat bad decisions by companies in which they invest. That is changing. The revolt by … Read more
‘If you’re taking something for free away there’s a reaction’: British Airways boss says he wasn’t surprised at backlash for charging passengers for food on short-haul flights In 2017, BA scrapped free drinks and snacks in economy on short-haul flights Instead the airline began selling passengers products from Marks & Spencer Two years on, BA … Read more