It was only a matter of time. So Friday’s announcement that fund manager Mark Barnett – dubbed ‘Son of Woodford’ – had left investment house Invesco by ‘mutual’ consent hardly took financial experts by surprise. Speaking to a number of investment advisers on Friday, the consensus view was that he should have been jettisoned by … Read more
Trojan Global Income’s boss sensed turmoil ahead before coronavirus pandemic hit By Jeff Prestridge, Financial Mail on Sunday Published: 21:58 BST, 16 May 2020 | Updated: 21:58 BST, 16 May 2020 Investment house Troy Asset Management, established 20 years ago by Lord Weinstock, is a ‘conservative’ investor in financial assets. It is as much concerned … Read more
When it comes to the Covid-19 pandemic, every day is a school day – and that isn’t just because many parents (myself included) are having to teach our children about fronted adverbials at the same time as working from home. As we scan the news for information, we are all learning a great deal about … Read more
The world is looking very different from how it did a few months ago, before coronavirus struck and sent economies into meltdown. As a result, the country’s army of small businesses is having to take a leaf out of Darwin’s book – and adapt to survive. The Mail on Sunday has spoken to the entrepreneurial … Read more
We’re still here helping you look after your money.’ So goes the latest advert for NatWest, set against a backdrop of a deserted high street and featuring some of its younger employees cheerily imploring customers to use its mobile phone app. All in all, a rather reassuring message for its millions of business and personal … Read more
JEFF PRESTRIDGE: Banking in a kangaroo court has to stop: Robots are taking over the proverbial asylum By Jeff Prestridge for The Mail on Sunday Published: 21:57 BST, 16 May 2020 | Updated: 21:57 BST, 16 May 2020 There’s nothing wrong with online banking. Like most people, I embrace it and am often found in … Read more
In America, some frontline workers battling the coronavirus crisis aren’t being given any time off. They’re nose to the grindstone, around the clock without so much as a toilet break or a cup of coffee to keep them going. Even in these strange times, it sounds like the sort of slave labour that would trigger … Read more
London is creeping back to work, but the scars will last a while. All giant cities will be damaged, for they are centres for the entertainment and hospitality industries as well as transport hubs. So New York and Paris will be damaged too. But there are troubling reasons to suspect that the London economy may … Read more
Drug firm owners pocket £33m on back of coronavirus epidemic By Jamie Nimmo, Financial Mail On Sunday Published: 21:57 BST, 16 May 2020 | Updated: 21:57 BST, 16 May 2020 The billionaire family behind Hikma Pharmaceuticals has cashed in £33 million of shares in the FTSE100 drugs giant after its stock was boosted by the … Read more
Former owner of failed airline Monarch among handful of investors set to enter advanced talks to bail out Virgin Atlantic By Harriet Dennys, Financial Mail On Sunday Published: 21:57 BST, 16 May 2020 | Updated: 21:57 BST, 16 May 2020 Greybull Capital, the former owner of failed airline Monarch, is among a handful of investors … Read more