Neil Woodford

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US president Donald Trump and US vice president Mike Pence: investors seemed underwhelmed by Trump’s tax cuts. Photograph: Carlos Barria/Reuters

Technology stocks have just suffered another week of underperformance, prompting much chatter as to whether investors are having second thoughts about(...)

“Pointing out the insanity surrounding bitcoin invariably catalyses apoplectic reactions from supporters protesting sceptics don’t ‘get it’.” Photograph: Philippe Lopez/AFP/Getty Images

Writing about bitcoin can be a nightmare. By the time you’ve finished a paragraph, the cryptocurrency is likely to have experienced yet another wild p(...)

Wu Wenhui, co-chief executive officer of China Literature, celebrates as the online bookshop owned by Tencent jumped 100 per cent on its Hong Kong Stock Exchange debut.  Photograph: Anthony Kwan/Bloomberg

Never mind the broader market – just bet big on the FAANGs (Facebook, Amazon, Apple, Netflix and Google). That seems to be the thinking behind the ne(...)

Peter Crook, who has quit as Provident Financial’s chief executive, warned of heavy losses following a period of “substantial under-performance”. Photograph: Provident Financial/PA Wire

When Provident Financial hit the market with a shock profits warning on Tuesday, it was a bit like being transported back in time – back to that momen(...)

The AA said its performance in the first half of its financial year had been hit by a combination of an erratic workload and an inherently fixed cost base. Photograph: Phil Noble/Reuters

Roadside recovery and motor insurance company AA has fired executive chairman Bob Mackenzie for gross misconduct and lowered its full-year forecasts, (...)

Richard Segal, Chairman, and Feargal Mooney, CEO of Hostelworld. The company said last week that “improved trading momentum which commenced in the latter part of 2016 has continued”. Photograph: Dave Meehan

High-profile UK fund manager Neil Woodford has ramped up his investment in Hostelworld to in excess of 25 per cent. Woodford Asset Management, which (...)

Madame Tussaud designers in London adjust a wax figure of US president-elect Donald Trump. His behaviour and policies will dictate whether more market U-turns arise. Photograph: Will Oliver/EPA

Donald Trump’s US presidential election victory in November triggered one of the biggest post-election stock market rallies in history, but will Trump(...)

City fund manager Neil Woodford  abolished annual bonuses and will instead increase rates of basic pay and benefits for his employees. Photograph: Leonhard Foeger/Reuters

Is this the beginning of the end of the bonus culture? Neil Woodford, one of the highest-profile fund managers in the City, has abolished the contr(...)

Woodford Investment Management ’s benefit plan includes life insurance and medical care for the 35 staff. Photograph: Daniel Leal-Olivas/AFP/Getty Images

Woodford Investment Management is no longer paying staff discretionary bonuses and has instead switched to a salary and employee benefit plan that in(...)

UK shares ended higher with commodity stocks rebounding from early weakness, as the equities market continued to price in a greater likelihood of the country voting to stay in the EU. Photograph: Neil Hall/Reuters

European shares rose on Tuesday as Brexit fears eased, although many still expect a close vote. The latest opinion poll showed that the campaign for t(...)

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