Invesco axes boss of Japanese funds in the wake of Woodford’s downfall

Invesco axes boss of Japanese funds in big shake-up in the wake of Woodford’s downfall Invesco is axeing veteran fund manager Paul Chesson Invesco said Chesson was leaving ‘by mutual consent’  Move is part of a review of the business to slash costs as its funds underperform By Emma Dunkley For The Mail On Sunday … Read more

How private equity fat-cats triggered Debenhams’ downfall

Debenhams was doomed long before the coronavirus pandemic struck, experts have claimed, with the retail chain never recovering after being bought and sold by fatcats who stripped its assets and collected over £1 billion in dividends.  The department store collapsed yesterday and will be liquidated in the New Year after rescue talks with JD Sport fell … Read more

MARTIN SAMUEL: The downfall of Project Big Carve-up came as angry rivals turned on the Big Two

It was Everton who were the first to mention the T word. Trust. There wasn’t a lot of it in the room, as the authors of Project Big Carve-up faced their fellow Premier League shareholders. By the afternoon, a letter had been drafted suggesting a united front, with all 20 clubs as signatories. The project … Read more

Cleaning sensation Mrs Hinch admits she struggles to keep up with the downfall of fame

Cleaning sensation Mrs Hinch opened up about how ‘daunting’ and ‘petrifying’ her experience of fame had been.  Speaking to Phillip Schofield and Holly Willoughby on This Morning, the social media influencer, whose real name is Sophie Hinchliffe, from Maldon, Essex, said she had struggled to keep up with her ascension to fame.  As she prepares … Read more

Downfall of car dealer who sold death traps: Chancer forged court papers and refused to pay refunds

A car dealer who sold death-trap second-hand vehicles tried to stop customers getting justice after he was sued, a Daily Mail investigation can reveal. Ahmed Alwaheeb’s firms sold cars riddled with faults – and which sometimes had government recall notices that required manufacturers to fix safety issues – but refused to refund customers. However, when … Read more

Downfall of a big-spending tycoon: Pramod Mittal faces bankruptcy

The bride was resplendent in her traditional red and gold wedding sari, ablaze with countless diamonds in her headpiece, earrings and nose ring. The groom cut no less magnificent a figure, arriving astride a white horse, wearing a lavishly embroidered jacket with a white plume bobbing from his red turban. Father of the bride, Pramod … Read more

Kings of Angkor Wat may have been the architects of their own downfall

The kings of Angkor Wat may have inadvertently caused the downfall of their own vast empire by seizing land from local farmers, a new study claims.  Researchers studying the ancient Khmer civilisation, which thrived in modern-day Cambodia for 600 years, wanted to discover the reason for its 15th-century decline.  The abandonment of Angkor has long … Read more