A council under scrutiny for a series of disastrous investments altered its rules to allow it to invest in the “junk bonds” fund of a Monaco-based financier. Warrington Borough Council
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The shares of the video game retailer GameStop nearly doubled on Monday when the day trader linked to the meme stock mania in January 2021 appeared on X, the first
Figures suggest that DIY investors can achieve returns comparable to those of highly-paid City fund managers. Retail investors using Interactive Investor’s online platform have seen returns of 12.6% on average
Saudi Arabia’s state owned oil giant, the Saudi Arabian Oil Company (SAOC), is planning to spend almost £100bn on crown prince Mohammed bin Salman mega-projects despite a drop in profits.
Buy-to-let is doomed by purpose-built flats for Gen Z The crumbling walls, dirt-coated appliances and crumbling ceilings of the TV series The Young Ones were all a part of the
Heineken invests £39 million in the UK to upgrade and reopen more than 600 pubs that have been closed for a long time. Refurbishments will be carried out in approximately
Retail investors may receive a bonus share of NatWest if hold the stock for more than a year. This is part of plans by ministers to privatise some government shares
Mubadala Capital, based in Abu Dhabi, plans to invest $13.5bn over the next decade on a large biofuels project. This is part of larger plans for Brazil that also include
Supermarket Income Reit has made its first overseas foray after agreeing to purchase a portfolio Carrefour supermarkets located in France. In a sale and leaseback, the real estate investment trust
Hipgnosis Songs Fund is at the center of a bidding war after Apollo-backed US Investment Group Concord beat a rival bid from Blackstone, raising their own offer to $1.5bn. Blackstone
A fund in the United States that offers “public access” to private technology has seen its value soar amid investor fervor for its unlisted investments. Investors clamoring for exposure to
Mobico’s shares, which own National Express, fell to their lowest ever price on Monday due to a profit warning, a sudden departure of its finance chief, and reassurances that debt
The family-owned Estrella Damm, which is a leading producer of Spanish lager in Britain, has invested €60 million in the construction of a modern brewery in Bedford. Estrella is being
After months of turmoil, the British music royalties fund Hipgnosis has agreed to be taken over by a rival music and theatrical rights company for $1.4bn. The Concord Chorus agreement,
The UK’s biggest investor has cautiously supported Sir Pascal Soriot’s controversial AstraZeneca pay deal, but warned that a successor shouldn’t expect the same treatment. Legal & General voted in favor
The escalating Middle East crisis threatens to push oil prices to close to $100 per barrel. The RAC has warned that the price of petrol could reach £1.50 a litre
