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High-flying fund manager Baillie Gifford has significantly reduced its Tesla share holdings across at least 11 of its funds and investment trusts, including Scottish Mortgage. The Edinburgh-based fund manager, which was Tesla’s largest external investor with a 7.7 per cent stake as recently as last year, sold off shares during January, This is Money research … Read more
Hargreaves Lansdown shares slide after co-founder Peter Hargreaves offloads another £300m of his stake in the firm The share sale takes Hargreaves’s total ownership in the firm to less than 20% Co-founder Stephen Lansdown has also downsized his stake in Hargreaves Twelve months ago, Peter Hargreaves sold shares worth about £550m By Harry Wise For … Read more
It’s fair to say that the shipbuilding town of Greenock in west Scotland is not renowned for being a fertile stomping ground for the world’s wealthiest elite. Monaco it is not. Yet, Greenock is the place where school dropouts turned business powerhouses Sandy and James Easdale were raised, and they’ve got quite a tale to … Read more
The huge gulf in costs faced by electric car owners who use public devices to replenish the batteries of their plug-in vehicles has been revealed in a new study. The priciest companies charge up to four times as much as the cheapest provider for the same amount of charge, a market comparison of user costs … Read more
A dash for detached homes and the hunt for more space in lockdown helped send the average house price in the UK up £20,000 in 2020, official figures revealed. House prices increased by 8.5 per cent in 2020, reaching a record high of £252,000, aided by lockdown buyers looking for bigger homes and the stamp … Read more
Ford, the UK’s most popular car brand, has announced today that its entire passenger vehicle line-up in Europe will be electric or plug-in hybrid by mid-2026 and in 2030 will be all-electric only. The US brand’s statement of intent comes just days after Britain’s biggest car maker, Jaguar Land Rover, made its commitment to dump … Read more
A dash for detached homes and the hunt for more space in lockdown helped send the average house price in the UK up £20,000 in 2020, official figures revealed House prices increased by 8.5 per cent in 2020, reaching a record high of £252,000, aided by lockdown buyers looking for bigger homes and the stamp … Read more
British American Tobacco adds three million more vaping and oral product users as sales of tobacco continue to plunge BAT’s revenues dipped 0.4% to £25.78bn, partly due to falling tobacco demand The group is aiming to achieve £5billion in sales from new categories by 2025 Travel curbs and South Africa’s temporary ban on tobacco sales hit … Read more
Many Go to Gate customers have criticised the travel booking firm for leaving them without refunds for nearly a year and not giving credit vouchers to the value of cancelled flights. With thousands of flights scrapped due to the coronavirus pandemic, travellers are relying on airlines and booking sites to return money promptly. However, many … Read more
Insurance and investment giant Aviva has launched its own cash savings platform, This is Money can reveal, but savers will earn more by going to the banks directly. Britain’s largest insurance firm’s answer to the likes of Hargreaves Lansdown Active Savings and Flagstone has opened with 15 fixed-rate bonds offered by Aldermore, Oaknorth and Paragon … Read more