Scottish Mortgage has 5.8% of its funds invested in China’s Tencent

Scottish Mortgage bets big on Beijing: UK’s biggest investment trust has 5.8% of its funds invested in Tencent By Matt Oliver For The Daily Mail Published: 21:51 BST, 19 July 2021 | Updated: 21:51 BST, 19 July 2021 The UK’s biggest and most popular investment trust is one of Tencent’s top backers. About 5.8 per … Read more

Ex-Coronation Street star Catherine Tyldesley ‘claimed £50k in furlough funds amid the pandemic’

Ex-Coronation Street star Catherine Tyldesley reportedly claimed £50,000 on the government’s furlough scheme to keep her business afloat amid the pandemic.  According to the Daily Star, Catherine, 37, used the funds to help her production firm – Dreambig – from December 2020 through April 2021. Despite working amid the pandemic – on drama Viewpoint and as a … Read more

Hedge funds take £162m bet against shares in property giant British Land

Hedge funds take £162m bet against shares in property giant British Land By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 21:50 BST, 19 June 2021 Hedge funds have taken a £162million bet against shares in property giant British Land.  Official data shows the value of British Land shares … Read more

BMO UNIVERSAL MAP BALANCED: Funds at a third of the normal cost

BMO UNIVERSAL MAP BALANCED FUND: Active funds at a third of the normal cost By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 19 June 2021 | Updated: 21:51 BST, 19 June 2021 Canadian company BMO Financial has more than 12million customers worldwide, to whom it offers a range of banking and wealth management … Read more

Payments firm Klarna valued at £32bn after raising funds for expansion

Payments firm Klarna valued at £32bn after raising fresh funds to help its expansion By Lucy White For The Daily Mail Published: 22:16 BST, 10 June 2021 | Updated: 22:28 BST, 10 June 2021 Payments firm Klarna is now worth £32billion after raising a fresh chunk of money to help fund its expansion. The shopping … Read more

Matt Damon makes surprise guest appearance at luncheon to raise funds for domestic violence charity

He’s one of Hollywood’s biggest stars who has made Australia home in recent months, as he films the new Thor installment. And on Friday, American actor Matt Damon stopped by a charity luncheon in Brisbane.   The 50-year-old and his wife Luciana Barroso, 45, were the guests of honour at an event held at the Calile Hotel in … Read more

Pentagon will cancel all Trump border wall projects that were paid for by diverting military funds

Pentagon officials are canceling construction of Donald Trump’s border wall with funds the ex-president diverted form the military and diverting an unspent $14 billion back to the Department of Justice.  A spokesman said Friday: ‘Border wall construction under the previous administration tied up more than $14 billion in taxpayer funds, shortchanged our military, and diverted … Read more

Bookie Flutter accused of allowing punter to bet £282k of stolen funds

Addiction: Tony Parente gambled £282,000 of defrauded funds The owner of Paddy Power has been accused of plying a fraudster with cash bonuses and free hospitality tickets as he bet hundreds of thousands of pounds of stolen money. Flutter, a FTSE 100 firm, is defending itself in the High Court against claims it allowed Tony … Read more

What are the bestseller funds and shares as the new Isa year kicks off

Bestseller funds and shares revealed: Have a peek at what other investors are putting in their Isas as the new season kicks off UK investors have shopped for shares in Coinbase, Argo Blockchain and Tesla A UK microcap fund and a FTSE 250 tracker are among the top selling funds Investors are more confident in … Read more