Check your tax code carefully because if yours is wrong, you may be due a refund of hundreds or even thousands of pounds. That was the message this week from Wendy Davidson*, who was recently sent a cheque for £4,300 by HM Revenue & Customs. She discovered it had been taxing her as if she…
Banned adverts for two debt advice firms represent just the tip of the iceberg in terms of how people are misled, a leading advice charity has warned. The Advertising Standards Authority this week upheld complaints against two firms, National Direct Service and Fidelitas Group Ltd, about misleading claims they made about their services in paid-for…
Tom Blomfield was not prepared for the stress that the Covid-19 crisis would unleash on the banking sector and his own mental health. The 35-year-old Monzo founder was already struggling to meet the daily demands of running a digital bank that had grown to nearly 5 million customers and had become a success story for…
Shares in companies including videogame retailer GameStop soared again on Friday, as an army of small investors taking aim at Wall Street regained access to amateur share trading platform Robinhood. The app, weaponised by activist small investors to trap hedge funds in a “short squeeze” that has cost them $20bn on paper by some estimates,…
This week GameStop, an American video game retailer, became the most traded security in the world thanks to Reddit users. Specifically, thanks to the now more than 5 million users who make up r/WallStreetBets. The Redditors are currently in a head-to-head war with hedge funds over who has the right to manipulate the financial market,…
An Israeli-founded firm that makes vaporisers is on course to become the first medical cannabis company to float on the London Stock Exchange next month, after regulators gave the green light. Kanabo set a date of 16 February for its stock market debut and is setting its sights on the UK after securing £6m from…
