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Hargreaves shakes up best buy list in wake of Woodford debacle

Hargreaves Lansdown will publish its updated list of recommended funds today as it tries to repair its image following the Neil Woodford debacle. The Wealth Shortlist will replace the investment platform’s Wealth 50 list, which fell into disrepute for recommending the doomed Woodford Equity Income Fund right up until the …

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How people will order pub drinks with apps like Wi5

From Saturday, it might be possible to enter your local and order a frosty pint once more after months of pubs being closed. While some have sold drinks in plastic cups to be consumed near-by, 4 July should see more establishments open up and punters on premises.  However, it will …

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Burger chain Byron becomes the latest victim of the pandemic

Byron Burger has become the latest victim of the coronavirus pandemic after it emerged it is preparing to enter administration. The upmarket burger chain had furloughed most of its 1,200 staff but struggled to get emergency loans from the Government and is unable to pay its bills. The trendy business, …

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Non-Standard Finance forced to ask investors for emergency cash

Cash call: Doorstep lender Non-Standard Finance said it was in preliminary discussions with a number of its largest shareholders Troubled Non-Standard Finance has hammered out further repayment waivers with its own lender as it goes cap-in-hand to investors for emergency cash. The doorstep lender said it was in preliminary discussions …

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Chesapeake Energy files for bankruptcy protection in the US

Chesapeake Energy entered so-called ‘chapter 11’ with a crippling £7.3bn debt pile Fracking pioneer Chesapeake Energy has filed for bankruptcy protection in the United States. The company, which led the shale gas drilling boom that helped turn the US into a global energy powerhouse, entered so-called ‘chapter 11’ with a …

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ALEX BRUMMER: Greedy grocers under fire over fat cat pay

The heroics of the supermarkets, whose regiments of staff have kept us fed, watered and toilet papered in lockdown, deserves great applause. Less appetising has been grasping behaviour at board level. On Thursday, directors of Sainsbury’s will face questions at its annual meeting over the pay and bonus package for …

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