Unilever’s board has now lost the Lynx effect with UK investors, a new era for spin city and a hand from above October 5, 2018 How ironic that one of the world’s great consumer marketing machines – responsible for brands like Lynx, Persil and Magnum – should be making such a hash of a sales pitch to its own investors. Unilever’s insistence that it remains “confident” of winning this month’s vote to scrap its British headquarters sounds more strained by the [...]
Ocado claims the FTSE 350 crown while Indivior takes a kicking October 2, 2018 Online supermarket Ocado has claimed the top spot in the FTSE 350’s best performers so far this year just months after sealing its place as a FTSE 100 player, with shares soaring after a swathe of new licensing deals. Shares in Ocado have rocketed 126 per cent since the start of 2018, as the firm [...]
Chained to its rival? Halfords swoops in for embattled bike chain Evans Cycles September 27, 2018 Britain’s largest bike chain Halfords is in talks to rescue its beleaguered rival Evans Cycles, according to Sky News late last night. Halfords is understood to be one of several parties which have shown interest in buying Evans, which has hurried up the bidding process in an effort to avoid collapse. The news comes [...]
Calls for Brexit deal to protect UK asset management industry September 13, 2018 Analysts have called for the final Brexit deal to protect the asset management industry as it emerged that the value of investments managed in the UK for European clients increased by 30 per cent last year. A total of £3.2 trillion is managed in the UK for overseas clients, of which £1.8 trillion is assets from European [...]
Hargreaves Lansdown poaches IG Group finance chief Chris Hill August 10, 2015 Hargreaves Lansdown has nabbed IG Group finance boss Chris Hill, it said in a statement this morning. The financial adviser said Hill, who has been in his position for four years, will take over from Simon Cleveland, a partner at Deloitte who has been acting as interim chief financial officer at Hargreaves Lansdown, in March [...]
Lloyds, GSK and Vodafone: The 10 shares pension drawdown investors are buying up August 5, 2015 Four months after pension savers were given freedoms allowing them to withdraw their savings and invest it into other areas, they have yet to spend their pension pots on those Ferraris everyone was worried about when the freedoms were first announced. Or that's according to financial adviser Hargreaves Lansdown, anyway, which has listed the top [...]
Exit fees review serves as a wake-up call to those who think pensions born in the 1990s are fit for the 21st century July 30, 2015 In April this year, pensions received a makeover Trinny and Susannah would have been proud of. Described as a revolution, the new pension freedoms aimed to wipe a tatty slate clean and give everyone as much choice with their retirement income as they could want. Pension savers are now treated like adults; to spend [...]
July Budget 2015: IFA Hargreaves Lansdown offers 10 tips for investors to navigate new dividend rules carefully July 9, 2015 Yesterday's Budget included a significant shake up of the way dividends are taxed. Instead of the current tax credit, from next April investors will receive a £5,000 allowance after which dividends will be taxed at 7.5 per cent, 32.5 per cent, or 38.1 per cent depending on their income tax band. Isa and pension [...]
Hargreaves Lansdown share price falls as costs mount – although pensions savers aren’t buying Ferraris May 20, 2015 When the chancellor first announced plans to lift rules forcing pensions savers to buy annuities in 2014, much was made of the fact a generation of pensioners could go and splurge their pension pots on Ferraris. But two months after savers were given access to their pensions, Hargreaves Lansdown has said people are being eminently [...]
How to be a billionaire: Business lessons from Hargreaves Lansdown founder Peter Hargreaves April 15, 2015 Yesterday, Hargreaves Lansdown’s Peter Hargreaves announced plans to step down from the board after 34 years steering the company he co-founded. According to the Sunday Times Rich List, Hargreaves is worth £2.4bn. How did a plain-speaking accountant become the UK's 39th-richest person? Here are six of Hargreaves' rules for life. 1. Billionaires don't borrow [...]