Tech start up using magic mushroom extracts to treat clinical depression raises £64million from investors including billionaire Paypal founder Peter Thiel Compass Pathways researching psilocybin, which is found in ‘magic mushroom’ The company plans to trial a synthetic form on patients with clinical depression If it is a success and approved, Compass hope to market … Read more
Labour peer nets millions as investors in his collapsed Koovs fashion firm are wiped out Koovs went under on Tuesday in a pre-pack administration Its chairman, Lord Waheed Alli, bought the clothing company, saving jobs But small shareholders in the AIM-listed company will lose out Alli’s TV production company was snapped up on the very … Read more
Since the coronavirus lockdown, like many others, I have been listening to far more commercial radio. I prefer rock, my wife likes country – and sometimes we’ll stick on a random radio station to diversify. A common theme across all, however, is that the same formulaic adverts pop up, no matter which station you put … Read more
Now investors tell Royal Mail to tame fat cat pay after dividend was cut with ‘pain to be shared by management’ By Matt Oliver For The Daily Mail Published: 23:11 BST, 21 April 2020 | Updated: 23:14 BST, 21 April 2020 Top investors are calling on Royal Mail to slash fat cat pay after it … Read more
Shell investors urged to vote down pay deal: Environmental campaigners slam executive pay scheme By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 April 2020 | Updated: 21:50 BST, 20 April 2020 Shell investors should vote against its pay policy at the annual meeting next month, an environmental campaign group has urged. The … Read more
It is a canard of investing wisdom that short term stock market gyrations should not really matter. If you have invested for the long term in a way that suits your objectives and attitude to risk, just sit tight. But what is short term and long term? Five years has always been the standard stipulation … Read more
Investors bet against bookie as doubts grow over £10bn merger between Paddy Power owner and Canadian rival By Calum Muirhead For The Daily Mail Published: 21:50 BST, 10 February 2020 | Updated: 21:55 BST, 10 February 2020 The blockbuster merger to create the world’s largest gambling company ‘is not a done deal’ and could be … Read more
The Isa season officially ended with the tax year but the UK’s biggest DIY investment platforms have upped the ante in their bid to win investors’ funds by unveiling new propositions. Interactive Investor has announced the introduction of three subscription plans involving a monthly fee to replace its existing quarterly charging structure from 1 June. … Read more
Britain’s stock market-listed businesses urged to allow ordinary investors to buy shares in wave of coronavirus cash calls A raft of London-listed firms have launched emergency rights issues But so far, only institutional investors like hedge funds have been taking part Individual investors are being shunned despite their pre-emption rights But app PrimaryBid allows retail … Read more
Tesco’s annual results may have been overshadowed by the steps it is taking to cope with the coronavirus pandemic, but the nitty-gritty of today’s numbers deserve a closer look. The supermarket’s latest preliminary results cover the year to 29 February and do not cover the spell of mass panic buying in the last few weeks. … Read more