moneynews

London born hedge fund boss Sanjay Shah is suspected of swindling Danish tax authorities by setting up sham trades A London-born hedge fund boss accused of masterminding a £1.5billion tax fraud is facing one of the most expensive trials in British legal history. Sanjay Shah is suspected of devising an elaborate scheme to swindle Danish … Read more

British tycoon is arrested in US extradition fight: Mike Lynch walks into London police station to face fraud charges By Matt Oliver For The Daily Mail Published: 21:50 BST, 5 February 2020 | Updated: 21:50 BST, 5 February 2020 The tycoon once dubbed ‘Britain’s Bill Gates’ walked into a police station and submitted to arrest … Read more

Senior Citigroup trader suspended over claims he stole food from his staff canteen By Daily Mail City & Finance Reporter Published: 21:51 BST, 3 February 2020 | Updated: 21:51 BST, 3 February 2020 A top City trader was suspended over claims he stole food from his staff canteen. Paras Shah, a senior bond trader at … Read more

RBS set to reward its bankers with bonuses of £305m – 10% less than last year By Helen Cahill, Financial Mail On Sunday Published: 21:48 BST, 1 February 2020 | Updated: 21:48 BST, 1 February 2020 RBS is set to reward its bankers with bonuses of £305 million – 10 per cent less than last … Read more

One in six think their relationship with money is unhealthy according to a new ‘Money Wellness Index’ The survey found that only 6 in 10 feel in control of their finances  First Direct asked 4,300 people as part of a new Money Wellness Index More than a third agree they need money to be happy By … Read more

Only a third of people in low income household with consumer debt have enough spare cash for an emergency, a new study has found. The Resolution Foundation says that consumer debt among poorer households has risen the fastest among any income group, with the proportion rising by nine percentage points. This group has become more exposed … Read more

Climate risks put at top of Davos agenda… as the global elite fly in on their private jets! By Lucy White For The Daily Mail Published: 22:07 BST, 15 January 2020 | Updated: 22:07 BST, 15 January 2020 The World Economic Forum has urged business leaders to step into the void left by governments in … Read more

Former Persimmon boss Jeff Fairburn sets up US-style fund to give some of his £82m bonus to charity By Daily Mail City & Finance Reporter Published: 22:03 BST, 15 January 2020 | Updated: 22:03 BST, 15 January 2020 Former Persimmon boss Jeff Fairburn will give some of his £82m bonus to charity, it has emerged … Read more

Mike Ashley urges Government to reform business rates system and ease turmoil on the High Street By Daily Mail City & Finance Reporter Published: 22:37 BST, 14 January 2020 | Updated: 22:37 BST, 14 January 2020 Mike Ashley’s retail group has urged the Government to reform the business rates system Mike Ashley’s retail group has … Read more

Woodford management firm ‘let savers down’ by failing to raise alarm earlier, says former City minister By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 The fund services business which oversaw Neil Woodford’s doomed investment empire is under fire for failing to adequately protect … Read more