money

Boohoo bosses face calls to quit in wake of sweat-shop scandal report

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Furious MPs yesterday demanded the resignation of Boohoo’s bosses after an explosive report blasted the appalling treatment of workers in its Leicester clothes factories. Investigators led by Alison Levitt QC revealed ‘excessive’ hours, life-threatening conditions and illegally low pay across much of the fast fashion giant’s supply chain. Boohoo knew how bad the situation was … Read more

Mike Ashley spent nearly £2m on helicopter and plane travel last year

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Sports Direct boss Mike Ashley spent nearly £2m on helicopter and plane travel last year By Daily Mail City & Finance Reporter Published: 21:51 BST, 25 September 2020 | Updated: 22:02 BST, 25 September 2020 Mike Ashley spent nearly £2million on travel by helicopter and commercial jet last year, accounts reveal. The controversial Sports Direct tycoon, … Read more

TRUST WATCH: Temple Bar Investment

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TEMPLE BAR INVESTMENT TRUST: Picking unloved stocks in the hope they will deliver a stellar performance By Daily Mail City & Finance Reporter Published: 21:51 BST, 25 September 2020 | Updated: 22:01 BST, 25 September 2020 What is it? The 94-year old trust is facing a turning point. After its manager Alastair Mundy of Ninety … Read more

DIRECTOR DEALS: Superdry boss Julian Dunkerton buys £1.36m of shares

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DIRECTOR DEALS: Superdry founder Julian Dunkerton buys £1.36m worth of company’s shares By Daily Mail City & Finance Reporter Published: 21:51 BST, 25 September 2020 | Updated: 22:00 BST, 25 September 2020 Superdry’s founder and boss Julian Dunkerton shelled out around £1.36million on shares this week. Dunkerton, 55, hoovered up about 1m shares in multiple … Read more

Shaftesbury scraps dividend as worries grow over new virus curbs 

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West End landlord Shaftesbury scraps dividend as worries grow over new coronavirus curbs By Daily Mail City & Finance Reporter Published: 21:51 BST, 25 September 2020 | Updated: 21:51 BST, 25 September 2020 West End landlord Shaftesbury has scrapped its dividend amid fears that further coronavirus restrictions are set to hammer the High Street. The … Read more

Eastern promise: China’s love of luxury could spice up your portfolio 

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If you want a guide to the latest trends in China’s stock market, the must-have items for stylish and moneyed young women provide some of the best clues. Chinese fashionistas are luxe-brand enthusiasts who still love Louis Vuitton bags. They also favour trainers from Li-Ning, the upmarket Chinese sportswear line founded by the Olympic gymnast … Read more

PUNT OF THE WEEK: Bluebird Merchant Ventures reopens old gold mines

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PUNT OF THE WEEK: London Stock Exchange-listed Bluebird Merchant Ventures reopens old gold mines By Daily Mail City & Finance Reporter Published: 21:51 BST, 25 September 2020 | Updated: 21:51 BST, 25 September 2020 What is it? Bluebird Merchant Ventures reopens old gold mines. It is listed on the London Stock Exchange’s main market. What’s … Read more

ALEX BRUMMER: Boohoo scandal shows how profits triumph over governance

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ALEX BRUMMER: Boohoo sweat-shop scandal shows profits always triumph over governance… with horrendous outcomes By Alex Brummer for the Daily Mail Published: 21:50 BST, 25 September 2020 | Updated: 21:50 BST, 25 September 2020 There is an unacceptable view in the financial community that as long as earnings are on the rise, dividends paid and … Read more