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MIDAS SHARE TIPS UPDATE: Dividend cut sounds the last post for Royal Mail21m MIDAS SHARE TIPS UPDATE: Dividend cut sounds the last post for Royal Mail
Ever since Royal Mail was floated, the group has pinned its hopes on parcels and productivity. So far, those hopes have proved misplaced.
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MIDAS SHARE TIPS: Medical group MaxCyte has its finger on the pulse25m MIDAS SHARE TIPS: Medical group MaxCyte has its finger on the pulse
It was floated on London's junior market in 2016 at 70p a share. The stock shot up to more than £3 by April 2017, but has since drifted down to £1.61. This is unjustified and the shares should rebound.
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Dancing On Ice helped save finances of skier Chemmy Alcott36m Updated Dancing On Ice helped save finances of skier Chemmy Alcott
The show transformed Alcott's finances and allowed her to represent Britain at the 2014 Olympics in Russia, just three years after injuring her leg so badly she was left unable to walk.
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JEFF PRESTRIDGE: A cashless society could be forced upon us44m Updated JEFF PRESTRIDGE: A cashless society could be forced upon us
NatWest has removed one of three cash machines outside my local branch, another sign that banks are keen to move us to a transactional world where contactless and card payments rule the waves.
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44m Your Best Tips for a Better Uber or Lyft Trip
When we asked you for your best tips for better ridesharing trips, dozens of drivers and fellow passengers replied. Here are the best tips we heard.
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How do I get a discount on council tax?57m How do I get a discount on council tax?
With average council tax bills leaping by an inflation-busting 5 per cent in the financial year just begun in April, it is more vital than ever to check you are not paying too much.
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Wonga may be no longer but beware new lenders looking to rip you off2h Updated Wonga may be no longer but beware new lenders looking to rip you off
Our investigation reveals that many short-term lenders are demanding that borrowers pay back loans with crippling interest charges.
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Sir Philip Green offers to put extra £185m assets behind Arcadia pension scheme2h Updated Sir Philip Green offers to put extra £185m assets behind Arcadia pension scheme
The sum is chiefly made up of property assets and includes security over the flagship store on Oxford Street. The agreement would mean that in a crisis the buildings could be sold.
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M&S boss slams toxic culture poisoning firm2h M&S boss slams toxic culture poisoning firm
Archie Norman has vowed to shatter the 'corporate vanity' among its middle management that has dogged the company for decades and restore the retailer to its former glory on the high street.
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TSB fraud guarantee has April 14 deadline2h TSB fraud guarantee has April 14 deadline
No one should have to pay for an honest mistake' - runs the tagline on TSB's new fraud refund guarantee. But the promise has proved hollow.
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Fund legend Terry Smith gives way to new blood at Fundsmith Emerging Equities3h Fund legend Terry Smith gives way to new blood at Fundsmith Emerging Equities
Michael O'Brien and Sandip Patodia will run it. Smith also said the trust's annual charge would be reduced from 1.25 to one per cent. The trust's performance has certainly been disappointing.
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TONY HETHERINGTON: How can muggers at Global Spread Exchange sleep at night?3h TONY HETHERINGTON: How can muggers at Global Spread Exchange sleep at night?
I was contacted by a 'David Green' and was persuaded to invest £500, having been told that his company is approved by the Financial Conduct Authority. Now I cannot contact the company.
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Cobra founder Bilimoria lined up as CBI president3h Cobra founder Bilimoria lined up as CBI president
Lord Bilimoria, the cross-bench peer who founded Cobra beer and backs a second EU referendum, is being lined up as the next president of the CBI.
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ISS and Glass Lewis urging shareholder revolt at AG Barr, maker of Irn-Bru3h Updated ISS and Glass Lewis urging shareholder revolt at AG Barr, maker of Irn-Bru
Robin Barr, the great-grandson of AG Barr's founder, could find himself voted him off the board where he has served as a director for 55 years.
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MIDAS SHARE TIPS: Medical group MaxCyte, has its finger on the pulse3h Updated MIDAS SHARE TIPS: Medical group MaxCyte, has its finger on the pulse
It was floated on London's junior market in 2016 at 70p a share. The stock shot up to more than £3 by April 2017, but has since drifted down to £1.61. This is unjustified and the shares should rebound.
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Guide spells out if you can get a council tax discount3h Updated Guide spells out if you can get a council tax discount
With average council tax bills leaping by an inflation-busting 5 per cent in the financial year just begun in April, it is more vital than ever to check you are not paying too much.
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BBC is among several British pension funds which lost millions on their investments in Tesla4h Updated BBC is among several British pension funds which lost millions on their investments in Tesla
Shares in Elon Musk's electric car firm slammed further into reverse, taking total losses this year to nearly 40 per cent and leaving the company's valuation at $33.7 billion (£26.5 billion).
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Nurture your portfolio like a garden – and it will BLOOM4h Nurture your portfolio like a garden – and it will BLOOM
With gardeners caring for their beloved trees, plants and lawns, investors could do worse than take a leaf out of their book – and apply similar techniques to neglected share and fund portfolios.
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£16bn wiped off holiday firms as traders bet on sluggish summer4h Updated £16bn wiped off holiday firms as traders bet on sluggish summer
Investment giants BlackRock, Citadel and Marshall Wace have in recent weeks taken out short positions against the stocks – meaning they profit if the share prices fall.
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Jamie Oliver gave us our big break in the kitchen – and he’s still our hero4h Jamie Oliver gave us our big break in the kitchen – and he’s still our hero
Jobs are at risk as his restaurant chain collapses, but one group won’t hear a word against him. Apprentices from the Fifteen project say they will always back their mentorWhen, in 2002, Jamie Oliver launched Fifteen, a not-for-profit restaurant designed to train up 15 disadvantaged, young, unemployed candidates into chefs, few expected it would be a success. The initiative was broadcast as a Channel 4 series –
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Hong Kong tycoon who owns Three begins challenge over O2 takeover4h Hong Kong tycoon who owns Three begins challenge over O2 takeover
The merger was blocked in 2016 over concerns it would cut the number of big mobile operators in the UK from four to three. CK Hutchison, the owner of Three, is controlled by Li Ka-shing.
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Proposed £2bn-plus takeover of care home giant Barchester taking longer due to Brexit impasse4h Proposed £2bn-plus takeover of care home giant Barchester taking longer due to Brexit impasse
City sources said a deal should have been struck by now – but negotiations have been tough amid concerns about Brexit and its impact on the pound.
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HAMISH MCRAE: We have to plan knowing very little about what might happen in our politics4h Updated HAMISH MCRAE: We have to plan knowing very little about what might happen in our politics
At this time of uncertainty, here are my top ten things in the UK and world economies that we can be reasonably sure about - things that can form a base on which to plan.
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Sir Philip Green offers to put extra £185m of security behind Arcadia pension scheme5h Updated Sir Philip Green offers to put extra £185m of security behind Arcadia pension scheme
The sum is chiefly made up of property assets and includes security over the flagship store on Oxford Street. The agreement would mean that in a crisis the buildings could be sold.
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Wonga may be no longer but beware new firms looking to rip you off5h Updated Wonga may be no longer but beware new firms looking to rip you off
Our investigation reveals that many short-term lenders are demanding that borrowers pay back loans with crippling interest charges.
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Can Sir Philip Green save his retail empire?6h Can Sir Philip Green save his retail empire?
Will Arcadia's restructuring save the company or hasten its demise?
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Driverless Metro: trains and doors get stuck after Berejiklian unveils $7.3bn project6h Driverless Metro: trains and doors get stuck after Berejiklian unveils $7.3bn project
Trains stuck at Macquarie University and Macquarie Park, where doors failed to open on one train About 42,000 commuters have used Sydney’s new driverless northwest Metro in its first three hours of operation after it was officially opened on Sunday morning. But users took to Twitter to report large crowds at Chatswood station, trains stuck at Macquarie University and Macquarie Park stations, as well as service gaps at numerous stations.
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Culture shock for ‘big yoghurt’ as foodies switch to DIY7h Culture shock for ‘big yoghurt’ as foodies switch to DIY
Commercial sales dip but environmental concerns make home yoghurt kits a growth area Sue Reed, who lives in Northumberland and runs a business knitting with recycled wool, has been making her own yoghurt for years. “We’ve been trying to live sustainably and frugally for a long time. We grow our own veg, try not to use supermarkets and were eating seasonally before it all became zeitgeisty,” she says. “You could say we’re hippies in the hills, but it really is so much cheaper and tastier to make your own yoghurt.” Reed is not alone. Store chains John Lewis and Lakeland both report a rise in sales of yoghurt-making products, and online retailer
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Elon Musk may be a pain, but that doesn’t mean his ideas are crazy | John Naughton7h Elon Musk may be a pain, but that doesn’t mean his ideas are crazy | John Naughton
Could Tesla owners one day farm out their cars as self-driving taxis? You don’t have to be a psychiatrist to wonder if Elon Musk, the founder of Tesla, is off his rocker. I mean to say, how many leaders of US public companies get into trouble
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FirstGroup’s uncomfortable rail journey isn’t over yet7h FirstGroup’s uncomfortable rail journey isn’t over yet
As it prepares to announce annual results, the transport group is resisting pressure from its biggest investor to quit the sectorWith shareholders like these, who needs enemies? FirstGroup’s biggest investor, Coast Capital, has pulled no punches in assessing the board of the Aberdeen-based transport firm. The great five-year turnaround plan has “failed to deliver on every single metric ... They have destroyed extraordinary amounts of capital in the rail business with impunity. They have let down their customers, shareholders and staff.” Yes, they let the school down, they let themselves down, and most of all, they let the share price down.
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Bon vivant Philip Green can do more to plug Arcadia’s pension hole7h Bon vivant Philip Green can do more to plug Arcadia’s pension hole
If the regulator wants to do its job properly it should start by asking the retail tycoon for at least £250m upfrontThe 222-page document in which Sir Philip Green sets out how he would like to restructure his – or, rather, his wife’s – Arcadia empire is a dense read. You will find enormous detail on which stores the group would like to close, where it would like landlords to accept cuts in rent, and how sales have declined at the Topshop-to-Miss Selfridge business. But two facts tower over everything. Neither is mentioned in the so-called company voluntary arrangement (CVA) proposal but both will be familiar to anyone who has followed Green’s career. First, the family
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Mix private equity, Brexit mania, state incompetence and what do you get? Scunthorpe | Will Hutton8h Mix private equity, Brexit mania, state incompetence and what do you get? Scunthorpe | Will Hutton
British Steel’s collapse reveals the common fate of industries left to fall into the hands of private equity Across the Midlands and north of England – and in pockets of the south – there are once proud single-industry towns laid low, with no determined effort to make good what once was. It could be Chatham and Rochester in Kent – or Birkenhead, Wigan or Mansfield further north. They survive as economies in which the main business is providing the foundational goods and services necessary to get by – supermarkets, petrol stations, hospitals, care homes. But there are few thriving private sector companies in 21st-century industries, a paucity of opportunity, and wages are below the national average.
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Huawei Ban Threatens Wireless Service in Rural Areas8h Updated Huawei Ban Threatens Wireless Service in Rural Areas
Many small carriers depend on inexpensive equipment from the Chinese company. Now they must rethink expansion plans, and perhaps replace existing gear.
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Fiat Chrysler and Renault in Talks on Possible Alliance15h Updated Fiat Chrysler and Renault in Talks on Possible Alliance
The talks are aimed at strengthening both automakers’ competitiveness in Europe and elsewhere. But the specifics of the companies’ discussions were not clear.
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The Week in Business: Farmers Get a Bailout, and Trump Heads to Japan15h Updated The Week in Business: Farmers Get a Bailout, and Trump Heads to Japan
Plus, a very expensive lunch with Warren Buffett, and Baltimore’s hacker problem.
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Metro Bank used billions in cheap loans from Bank of England to invest in risky deals16h Metro Bank used billions in cheap loans from Bank of England to invest in risky deals
Figures show the challenger bank drew £3.8 billion from the BoE's Term Funding scheme, which was intended to boost affordable loans to families and businesses.
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San Francisco Police Call Journalist Possible ‘Co-Conspirator’ in Report Leak18h San Francisco Police Call Journalist Possible ‘Co-Conspirator’ in Report Leak
After a judge ordered the return of the property police seized from Bryan Carmody during a raid, the department ratcheted up its attack.
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Sir Philip Green set to shut even more stores across his Arcadia retail empire19h Updated Sir Philip Green set to shut even more stores across his Arcadia retail empire
The number stores due to close is expected to at least double the 23 outlined in rescue documents published this week, according to reports.
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It’s Almost ‘529 Day,’ and States Say Don’t Forget This College Savings Gift20h It’s Almost ‘529 Day,’ and States Say Don’t Forget This College Savings Gift
The number of 529 accounts has grown in the past few years. But most people still haven’t heard of the plans or know about their tax benefits, research shows.
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‘Heartbroken’: Weinstein Accusers Say $44 Million Settlement Lets Him Off the Hook20h Updated ‘Heartbroken’: Weinstein Accusers Say $44 Million Settlement Lets Him Off the Hook
Two actresses who have sued the movie producer said they would not sign on, jeopardizing the proposed deal. Others expressed anger and disappointment.
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The true deep-state conspiracy just benefits the old21h The true deep-state conspiracy just benefits the old
The ‘alt-right’ would have us believe that the EU is a leftist cabal. It’s actually working for a much more sinister groupWhatever the outcome of the European Union elections, it is only a matter of months before Theresa May’s successor is handed the task of scuttling over to Brussels in a desperate attempt to secure a fresh Brexit deal. When they return empty-handed – which is certain when the project aims to secure access to the customs union, minus any treaty obligations or the Irish backstop – failure will be blamed on
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Catastrophes and crowded skies set Iata’s airlines thinking22h Catastrophes and crowded skies set Iata’s airlines thinking
Executives gathering for the international aviation body’s annual summit have much to discuss this yearEven without missiles being test-fired into the sky by a hostile regime 35 miles to the north, airline executives might be a little tense next weekend. More than 1,000 of them will gather in the South Korean capital, Seoul, for the big event in the industry’s calendar, the International Air Transport Association’s general meeting. Many Iata members have a degree of protection from turbulence thanks to deep pockets, airline alliances, sheer size, or national loyalty. But the big issues to be discussed in Seoul may still keep some jet-lagged executives awake at night.
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Could the government step in to save stricken British Steel?22h Could the government step in to save stricken British Steel?
The loss of strategic industrial capacity – and well-paid jobs – suggests every avenue ought to be exploredTo see the Scunthorpe steelworks in action is to witness British manufacturing prowess at its most visually stunning. Huge slabs of steel, glowing orange with heat, flow seamlessly through the plant, destined to become anything from paperclips to the steel ropes that support the Humber Bridge. Even from a safe distance, the searing 1,000-degree temperature created by this round-the-clock process is uncomfortable to bear.
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Sir Philip Green to close 25 more Evans and Miss Selfridge stores28h Sir Philip Green to close 25 more Evans and Miss Selfridge stores
The latest closures by his struggling Arcadia empire will include mostly Evans and Miss Selfridge shops.
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Bovis swoops with offer for rival Galliford Try29h Bovis swoops with offer for rival Galliford Try
Two of the UK's biggest housebuilders have kicked off secret talks about ‎a tie-up just two years after a previous set of merger discussions broke down.
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Tickets: can you trust the new wave of resale sites?30h Tickets: can you trust the new wave of resale sites?
Beat the touts by using big agencies’ fan-to-fan services, or bag a deal at their ‘ethical’ rivals If you’re keen to go to a sold-out or popular gig, festival or event, there are lots of ticket resale websites out there – but who can you trust, and what’s it going to cost you? The so-called secondary ticketing market has long been viewed as a “wild west” sector, with sites such as Viagogo
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Is it worth spending £350 on an inflatable hot tub?31h Is it worth spending £350 on an inflatable hot tub?
We saw Aldi was selling one, but were wondering if they were throwing money down the drain
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Tesco and Which? to stop offering mortgages31h Tesco and Which? to stop offering mortgages
Supermarket giant and consumer body say existing customers will not be affected for the time being
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‘I work in a hotel, and spend about £6,000 a year on travelling’31h ‘I work in a hotel, and spend about £6,000 a year on travelling’
Angela Finocchiaro on how she has managed her finances since moving to the UK from Sicily
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Pain of Tariffs Tests Farmers’ Faith in Trump: ‘How Long Is Short-Term?’33h Updated Pain of Tariffs Tests Farmers’ Faith in Trump: ‘How Long Is Short-Term?’
The trade dispute with China has cost growers their No. 1 buyer, but they say the president is on the right course.
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It’s Never Been Easier to Be a C.E.O., and the Pay Keeps Rising33h Updated It’s Never Been Easier to Be a C.E.O., and the Pay Keeps Rising
Compensation for top bosses grew at double the pace of ordinary workers’ wages, according to our annual analysis. Topping the list: Elon Musk, with a $2.3 billion package.
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Not All Bosses Are Evil (Said a Boss, Nervously)33h Updated Not All Bosses Are Evil (Said a Boss, Nervously)
Our new columnist introduces herself — and tackles whether true happiness is ever attainable between 9 and 5.
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