Mark Kleinman: Czech is on way to sceptical Royal Mail investors May 23, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly Morning Wire column.
Ozempic and Wegovy: What happens when a drug goes viral? May 18, 2024 Novo Nordisk's Wegovy and Ozempic have been heralded as the solution to the world's growing obesity problems. But when celebrities and influencers misuse them and start documenting their weight loss journeys online, should we take stock?
Should investors sell in May and go away? May 8, 2024 "Sell in May and go away, don’t come back until St Leger’s Day" is an often quoted adage, but does it actually work?
Hargreaves Lansdown: Revenue boosted by UK investors going overseas April 30, 2024 Overall, Hargreaves Lansdown reported net new business inflows of £1.6bn in the quarter, flat quarter-on-quarter.
Investment platforms blocking the purchase of investment trusts risk creating ‘another Woodford’ disaster April 14, 2024 DIY platforms like AJ Bell, Hargreaves Lansdown and Interactive Investor have been caught blocking the purchase of investment trusts.
Government quietly pauses Natwest retail bidding process March 31, 2024 The Treasury has suspended a bidding process to run the sale of its stake in Natwest, in a move which throws doubt on the structure of the much touted ‘Tell Sid’-style retail deal, Morning Wire can reveal.
Bumper buybacks and ‘attractive’ dividends boost UK’s world-leading shareholder yield March 25, 2024 UK fund managers are seeing a "material boost" from bumper share buybacks, according to broker Hargreaves Lansdown, as investor returns rebound from a pandemic slump.
Hargreaves Lansdown reaps cash interest reward as market growth pushes up assets under new CEO February 22, 2024 Hargreaves Lansdown reported market growth and interest from cash push its assets under administration for the firm up to £142.2bn. Market growth pushed up assets by £7.2bn for the firm in the second half of 2023, compared to just £1.7bn in 2022. In the firm’s interim results, it revealed that revenue had jumped five per [...]
Rishi Sunak earned £2.2m and paid £508,000 in tax, documents show February 10, 2024 Rishi Sunak has published his tax documents, showing that he paid more than £500,000 in UK tax last year, as his total income rose to £2.2m.
Hargreaves Lansdown red alert: Two funds fail value assessment February 5, 2024 Two of Hargreaves Lansdown’s 13 funds have been found to not provide good value, the firm revealed in its assessment of value report. The report, which is required by the Financial Conduct Authority to assess seven areas of each fund, uses a traffic light system for rating each area of a fund. Just three of [...]