Royal Mail float helps deliver Hargreaves lift February 5, 2014 FUND platform Hargreaves Lansdown yesterday said strong demand from retail investors for shares in Royal Mail helped deliver a rise in revenues and new business. The company, which operates as an online investment supermarket where DIY investors can buy funds, said revenues rose 13 per cent year on year for six months ending December to [...]
Royal Mail shares surge as seller Hargreaves Lansdown buckles under weight October 11, 2013 Royal Mail shares have surged this morning, rising as high as 456p after a debut of 450p, soaring above the offer price of 330p. Share seller Hargreaves Lansdown has seen its systems crash trying to deal with the sheer volume of trade; investors have taken to social media platform Twitter to air their frustration. More [...]
Hargreaves Lansdown’s HMRC tax showdown September 9, 2013 FTSE 100 fund platform Hargreaves Lansdown laid down the gauntlet to tax collectors yesterday after launching a legal challenge on the taxation of fund cash back rebates. The Bristol-based firm, currently one of the country’s best performing companies, said it will challenge a discount tax introduced by HMRC on payments made to its customers. [...]