‘Ugly duckling’ Ruffer sticks by market crash predictions July 23, 2024 The £1bn 'ugly duckling' Ruffer Investment Company has reported a tough year after making wrong calls about the path of the economy, but analysts hope that the long-term bets made by the trust will pay off.
And another! EY upgrades forecasts for UK economy July 23, 2024 The UK received another upgrade on the back of its strong performance in the first half of the year, with EY the latest firm to bump up forecasts for the economy.
Merge council pension schemes to unlock £40bn investment bonanza, Reeves told July 23, 2024 Forcing the UK’s sprawling local government pension schemes (LGPS) to merge into a single “sovereign wealth fund” could unlock £40bn worth of investment for British infrastructure projects, a top pension manager has said.
City sounds alarm on health of London’s AIM market as listings hit 20-year low July 23, 2024 Leading City figures have sounded the alarm over the health of London's AIM market after a new analysis revealed the number of companies quoted on London's junior market to be at a 20-year low.
Grocers vs bargain chains: Discount competition is heating up July 23, 2024 The discount sector is crowded and competitive: Aldi, Lidl, Poundland and B&M are only a few of the retailers vying for space. The market for discount goods has been growing over the last few years, but not every company has been a winner – only a few stores have managed to attract and keep customers. [...]
Irene Forte on success, sustainable skincare and scaling up July 23, 2024 Ambition A.M. meets Irene Forte, daughter of English hotelier Sir Rocco Forte and founder of Irene Forte Skincare to hear how she found her own recipe for entrepreneurial success. It is not hard to understand how growing up in the shadow of a successful parent can be overwhelming.That’s why Irene Forte, daughter of English hotelier [...]
Meet the fund managers: Investing from Turkey to Abu Dhabi July 22, 2024 In this new weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Adnan El-Araby, co-manager of the Barings Emerging EMEA Opportunities fund How does your fund stand out from others in the same market? We are one of the longest tenured teams covering emerging [...]
Barclays seek to strike out a chunk of £500m English investor lawsuit July 22, 2024 British bank Barclays is back in court today as it seeks to strike out part of lawsuit against it by a group of investors over allegations of fraud made in the US
Telegraph sale: Former chancellor Nadhim Zahawi hunts backers for £600m bid July 22, 2024 Zahawi is said to be confident he can submit a competitive bid and wants to boost the Telegraph's profitability by expanding in the US.
Skills England launched with pledge to cut ‘over-reliance’ on migrant labour July 22, 2024 Announcing the new body, Prime Minister Keir Starmer said he wanted to reduce firms' "over-reliance" on migrant workers.