VICTORIA BISCHOFF: Neil Woodford’s return is an insult to investors

VICTORIA BISCHOFF: If the investment industry wants to rebuild trust… Neil Woodford must be forced to stay away By Victoria Bischoff for the Daily Mail Published: 22:00 GMT, 16 February 2021 | Updated: 22:23 GMT, 16 February 2021 Neil Woodford has some nerve. In a tearful interview at the weekend, the disgraced fund manager responsible … Read more

MARKET REPORT: Mining investors strike gold as dividends surge

Mining giants promised bumper payouts to investors after a surge in commodity prices that has fuelled talk of a new ‘supercycle’. BHP will pay shareholders a record half-year dividend of 72p per share after a rally in iron ore prices helped profits rise 17 per cent to £7billion. It means that the world’s biggest miner … Read more

Neil Woodford’s galling comeback infuriates investors

Hundreds of wounded investors have flocked to take legal action after fallen fund manager Neil Woodford announced a brazen comeback. The disgraced stock-picker announced his return less than two years after the collapse of his investing empire and £3.7 billion flagship fund. As many as 500,000 savers were hit by the crisis, and around £200 … Read more

Gold continues to attract strong interest from investors

Gold continues to attract strong interest from investors looking to protect assets from inflation and paltry savings rates By Jeff Prestridge, Financial Mail on Sunday Published: 21:50 GMT, 13 February 2021 | Updated: 21:50 GMT, 13 February 2021 Although recently overshadowed by the soaring price of Bitcoin, gold continues to attract strong interest from investors … Read more

VCTs raise more than £30m in one week as investors rush to tax-efficient investments

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

Jet2 raises £422m from investors after extending flight cancellations

Budget airline Jet2 taps up investors for £422m finance lifeline days after it cancelled all flights until 14 April More than 35m placing shares and about 600,000 retail shares were offered   Jet2 flights were stopped last March before restarting gradually from mid-July   The firm made a pre-tax loss of £68.7million in its most recent half-year … Read more

MARKET REPORT: Investors toast pub and restaurant stocks

Investors toasted pub and restaurant stocks as the industry gears up for a flurry of takeovers.  Former Greene King boss Rooney Anand revealed he has received backing from one of the world’s biggest investment management firms, Oaktree, as part of a £500m swoop on the beleaguered UK sector.  They have put £200m into RedCat Pub … Read more

LA investors swoop in to save the British pub: Former Greene King boss secures £200m cash injection

Pubs have been forced to throw away up to 87 million pints of beer in the UK since the start of the pandemic, an industry body has claimed. The British Beer & Pub Association (BBPA) said the waste was the equivalent of £331 million in sales, based on the average cost of a pint at … Read more

GameStop losses pile up for small investors after the stock plunged 70% in two days

Small investors are nursing their wounds after the collapse of the ‘meme stock’ bubble caught them on the wrong side of the trade, with high-flying GameStop shares plunging 72 percent from Monday morning to Tuesday night. GameStop shares rallied 20 percent at the opening bell on Wednesday as the company announced a new chief technology … Read more

Wolf Wall Street Jordan Belfort stock market has undergone a paradigm shift with amateur investors

The real Wolf of Wall Street has declared the current upheaval in the stock market as a ‘paradigm shift’. Speaking on Fox News on Monday night, former stockbroker Jordan Belfort lauded last week’s ‘brilliant’ revolt of retail investors after the share price of video game retailer GameStop surged dramatically as a group of Reddit users teamed … Read more