Breaking news
As is usual at tax year-end, investors are rushing to venture capital trusts to invest in some of the UK’s best up-and-coming businesses. The total amount raised by VCTs this tax year so far stands at £360million, a 1.2 per cent increase compared to this point last year, and that’s despite the backdrop of Covid-19. … Read more
Cheated savers who were sold bad investments are now losing almost half of their compensation money to claims firms. Money Mail today reports how mis-selling victims are being charged ‘astronomical’ sums for claims they can make themselves at no cost. It comes as regulator the Financial Conduct Authority (FCA) announces plans to force firms to … Read more
Orphan pensions and investments worth £800m could be handed to charity under plan to widen ‘dormant assets’ scheme Some £745m has been raised from inactive bank and building society accounts Insurance and pension policies, shares and other investments to be covered too Move requires legislation so it is unclear when money will start being released … Read more
This month sees millions of us kick start new fitness regimes, diets and detoxes to get back into shape after a slovenly and calorific December. But while January can prove a good time to refresh our health habits, our investments can also benefit from a similar treatment. Even the best investors can profit from giving … Read more
One of the University of Cambridge’s richest colleges is removing the memorial to a 17th benefactor who was involved with the slave trade. Jesus College, which is worth £344 million, is taking the memorial to Tobias Rustat out of its chapel because it is ‘celebratory’. Rustat, an advisor to King Charles II, was one of … Read more
The idea of investing in companies that contribute to society, help the environment and behave ethically has been around for decades. Indeed, April this year saw record inflows of almost £1billion into responsible investment funds. What looked potentially like a knee-jerk reaction to the outbreak of coronavirus, proved more sustained, however. Investment Association figures show that … Read more
Some £342m of UK investments will help fund Chinese debt as Communist Party bonds are upgraded by the London Stock Exchange Chinese Communist Party to list its bonds on the World Government Bond index Promotion to the global index gives China access to much larger pools of capital UK funds have already invested £3billion in … Read more
Investing in a pension is a far simpler task than it once was, with a whole host of mobile, online and face to face options available today. Thanks to the rise of self-invested personal pensions, or Sipps as they are commonly known, it is possible to easily build and manage a retirement pot of shares, … Read more
The Queen is to get a bailout from the taxpayer after her land and property investments plummeted due to coronavirus pandemic Treasury said it will top up the Sovereign Grant to help maintain Queen’s income Monarch’s income is based on a 25% share of the profits of the Crown Estate Queen will now be receiving … Read more
Pension cons are not the only way fraudsters can now steal your investments in an instant. The pandemic has seen a rise in sophisticated scams targeted at investors looking to make their money go further. Industry body UK Finance says British savers lost £55.2 million to such scams in the first half of 2020 — … Read more