Warren Buffett spent most of 2013 amassing fortunes of over £23million a day through investments into food manufacturing giants like Heinz
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Thursday 25 August 2011
In France and America the super-rich – including Liliane Bettencourt (Europe's wealthiest woman and the L'Oreal heiress) and Warren Buffett, (the US investor who pays just $7m on his fortune of around $50bn) – are clamouring to pay more tax. Yet in Britain, the Chancellor is thinking aloud about cutting the top rate of tax. What is going on?
Sunday 21 August 2011
Philosophers and politicians may agree that you should face down your fears in order to obtain wisdom and courage, but they are not the ones investing in the stock market at the moment. The stomach-churning losses in the last week may have underlying causes but the momentum of short-selling is attributed above all to the smell of fear.
Saturday 20 August 2011
Warren Buffett's complaint that he (and lots of other wealthy individuals) don't pay enough tax has prompted some withering attacks from those who do not share his views.
Saturday 20 August 2011
Hard-up families were hit by a major banking blow this week. Royal Bank of Scotland - which owns NatWest - said it will ban customers with basic accounts from using cashpoints operated by other banking groups.
Thursday 18 August 2011
Sunday 14 August 2011
Saturday 13 August 2011
The man who pays his way
Sunday 07 August 2011
Friday 05 August 2011
Less than 18 months after fattening up with the acquisition of Cadbury, Kraft plans to slim back down by jettisoning scores of its older food brands. The split, announced by Kraft chief executive Irene Rosenfeld yesterday, puzzled many analysts, but it sent Kraft shares sharply higher.
Sunday 17 July 2011
Friday 15 July 2011
Given that it is only 48 hours since it was told off by a European court for not doing enough to prevent the sale of counterfeit goods on its site, eBay ought to take a look at a listing posted yesterday. "BSkyB – relisted due to time waster," it reads. The current bid is just shy of £1m, which looks pretty good value given the heady valuations this company has recently reached. But should you be interested, bear in mind that you'll have to share ownership with a rough crowd.
Saturday 09 July 2011
I'm not sure if Richard Curtis himself could improve upon the styling of Duke of Uke, the little ukulele shop in Spitalfields. A quaint London street, an old-fashioned store front, a shop piled up with instruments, music stands and a large black and white photograph of George Formby over the counter.
Saturday 18 June 2011
Our answer to Warren Buffett?
He always has been. Mr Bolton, now 61, was hired by Fidelity at the age of 29 and ran its Special Situations Fund for 28 years before stepping down in 2007. He made an average return of 20 per cent a year.
Saturday 11 June 2011
An anonymous bidder has won a private lunch with billionaire investor Warren Buffett in an ebay auction - to the tune of $2.3m (£1.4m).
Thursday 26 May 2011
Vince Cable, the Business Secretary, faces a new confrontation with Chancellor George Osborne today after warning that Britain could face the “bomb” of a second financial emergency.
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
Scottish independence referendum: A nation divided against itself
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Portuguese academic says British are 'filthy, violent and drunk'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
- 2 Scottish independence: Learn from Quebec's mistakes and beware of promises. Vote Yes.
- 3 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 5 Hitler’s former food taster reveals the horrors of the Wolf’s Lair