Financial news

• Crispin Odey leaves Odey Asset Management after misconduct allegations

  10-06-2023 22:46
  
  The hedge fund says Odey will no longer be involved in the firm and it ‘cannot comment in detail’One of the City’s most prominent hedge fund managers is leaving the investment firm he founded after numerous claims of sexual harassment.Crispin Odey is leaving Odey Asset Management after allegations that he sexually assaulted or harassed 13 women. A legal firm representing the financier has said the allegations are “strenuously disputed”. Continue reading...
  
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• Driver wins parking fine case because details not provided in Welsh

  10-06-2023 22:30
  
  Judge also issues judicial warning that all car park signage in Wales should be bilingualA motorist has won a civil case against a parking firm over an unpaid £160 fine after requesting details of the penalty in Welsh rather than solely in English.Elysteg Llwyd Thomas had been sent notice of the initial £60 fine in English after a stay at Lligwy beach in Anglesey, in August 2021. Continue reading...
  
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• An illustrated homage to New York City’s independent shops – in pictures

  10-06-2023 18:00
  
  During the pandemic, New York-based illustrator Joel Holland started drawing all the places he would normally visit with his two daughters – butchers, bookshops, sandwich stands – to console himself and to celebrate local independent businesses. “These places are the lifeblood of where we live,” he says. He has since drawn nearly 500 stores in Manhattan, collected in the book NYC Storefronts (published by Prestel; Brooklyn and London editions are forthcoming).See more at
  
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• UK firms without flexible working ‘will struggle to hire in next five years’

  10-06-2023 17:00
  
  Entrepreneur hoping to be Tory mayoral candidate makes prediction as 4 Day Week Campaign prepares mini-manifestoCompanies that do not adopt flexible working will struggle to hire in the next five years, according to an entrepreneur who is hoping to be a Tory mayoral candidate.Natalie Campbell, co-chief executive of Belu Water, is due to speak at a cross-party event hosted by the 4 Day Week Campaign on Tuesday when it will publish its mini-manifesto. Continue reading...
  
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• Telegraph sale: who might win a fight for the voice of Tory England?

  10-06-2023 17:00
  
  With a sell-off looming for the newspapers, several tycoons and groups look to have the money, and the motivation, to take overAs the shock news of a probable sale spread through the newsroom at the Telegraph, an air of optimism broke out among its journalists.It was perhaps not the reaction you might have expected when the future of one of the UK’s biggest and most influential newspapers had been thrown into uncertainty for the first time in almost two decades. But many among the 1,000 st
  
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• Airlines hope that sustainable fuels will propel them to a guilt-free future

  10-06-2023 17:00
  
  Could a normal jet engine really be net zero? Aviation executives certainly seem to hope it can, but others have doubtsSustainable aviation fuels may or may not eventually transform the carbon footprint of flying. But while a full tank is a way off, the mere whiff of a guilt-free future has got airline executives giddy.The annual meeting of Iata, the airlines’ global trade body, in Istanbul last week served up some exotic fare. Was that Willie Walsh, its director general, denouncing govern
  
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• Why Saudi Arabia can afford to play a long game in bid to control sport

  10-06-2023 16:53
  
  The kingdom’s astounding deal to control men’s golf is part of a patient, multibillion-pound strategy to change its global reputationIt’s not often that a multi-millionaire sports star is a pawn in a global power play, but that was the situation Rory McIlroy found himself in last week. The Northern Irishman, currently ranked the third best golfer in the world, was having to explain how he felt after his long campaign to hold out against a disruptive Saudi Arabian competition ha
  
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• UK defies forecasts to outstrip Germany while Eurozone economy plunges into recession

  10-06-2023 16:10 via express.co.uk
  
  The latest figures from the OECD have given the UK a higher predicted growth rate than Germany.
  
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• Garden water butts get a long overdue design makeover

  10-06-2023 11:00
  
  Traditional plastic rain barrels have often been hidden away but greater focus on conservation drives design changesThey are water-saving wonders but plastic water butts have traditionally been eyesores to keep hidden from view. Now, though, with conserving water more important than ever, designers have upped the ante with clever models that double as planters, ornaments and even fountains.The market was ripe for a makeover because “one of the barriers to having a water butt is that it&rsq
  
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• Warning: Stock market bull run is built on ‘extreme greed’ so invest at your peril

  10-06-2023 10:11 via express.co.uk
  
  US stocks are now in a bull market after skyrocketing in recent months yet this could be a terrible time to invest.
  
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• Testing homemade v ready-made baby food: which is better?

  10-06-2023 09:00
  
  Price and convenience are compared while taking on board the reaction of a young consumerChildren are expensive, even without a cost of living crisis to contend with. According to the Child Poverty Action Group’s most recent findings, the cost of raising a child until the age of 18 has reached £157,000 for a couple and £208,000 for lone parents.Childcare costs can be extortionate, kids grow out of clothes in the blink of an eye, and activities such as swimming and football less
  
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• Germans best tippers in Europe, finds poll. Italians? Not so much

  10-06-2023 09:00
  
  Dutiful German generosity revealed in analysis of gratuity habits in six EU countries, the UK and USIn Germany it seems to be pretty much automatic, pretty much all the time. In France and Spain it all depends – presumably on social subtleties that you have to be French or Spanish to understand. In Italy, why would you even bother?When, and how much, to tip is a question that has been vexing visitors to Europe for as long as people have been travelling around the continent. Outside their o
  
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• Martin Lewis shares ‘big tip’ for homeowners looking to secure lower mortgage rates

  10-06-2023 08:01 via express.co.uk
  
  Martin Lewis explained how homeowners looking to remortgage can secure lower interest rate deals.
  
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• Nationwide’s £100 payouts labelled ‘unfair’ by some customers

  10-06-2023 08:00
  
  Longstanding members angry at being excluded from £340m cash giveaway, which starts next weekA £340m cash giveaway kicks off next week when one-off payments of £100 apiece will start appearing in the bank accounts of 3.4 million Nationwide building society customers.However, the unprecedented payout has created a “haves” and “have nots” split within the society’s membership, with some longstanding customers and people holding multiple Nationwide pr
  
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• Britons can slash inheritance tax bill with gifts up to any amount - but there’s a catch

  10-06-2023 08:00 via express.co.uk
  
  Inheritance tax is an issue more families need to consider as rising house prices mean more Britons are becoming liability for the tax.
  
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• Mum who 'sacrificed eating' to pay bills is now able to save over £1,000 a year on energy

  10-06-2023 05:01 via express.co.uk
  
  EXCLUSIVE INTERVIEW. From July 1, the energy price cap will be set at an annual level of £2,074, however there are ways that Britons can make further savings now.
  
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• ‘It was pretty easy’: Woman turns over £655k with zero start-up costs from her bedroom

  10-06-2023 05:01 via express.co.uk
  
  EXCLUSIVE: Elizabeth Goddard traded her place on a Maths PGCE in to launch her virtual assistant business in 2015 and has "never looked back".
  
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• 'A massive help': 650,000 families miss out on up to £2,000 in tax benefits - claim now

  10-06-2023 05:00 via express.co.uk
  
  As summer approaches, millions of families are urged to take up the Tax-Free Childcare they are entitled to, to help cut the costs of summer school.
  
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