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Woodford scandal two years on: £1bn in losses and investors still trapped

Woodford s investors are still waiting for the last of their money back Two years after disgraced stock picker Neil Woodford’s flagship Equity Income fund was suspended, trapped investors are still waiting for the last of their money back, having lost more than £1bn. The discovery of coronavirus, a vaccine to fight it and the rollout to the British population has been accomplished in less time than it has taken to offload the toxic assets from Mr Woodford’s failed flagship fund. Even now, investors aren’t expected to receive the last of their remaining cash before the clocks go back as Link, the fund’s administrator, has struggled to sell the worst of the fund’s stocks.

The perfect home for your lockdown savings

Trust the Power of Divine Timing

“To everything there is a season, a time for every purpose under heaven.” - Ecclesiastes 3:1 After savoring the most tender filet mignon I’d ever had and breathing in an incredible view of the Pacific Ocean on that Valentine’s Day in 1992, I looked across the table at the handsome, chivalrous, affectionate man who had come into my life. The look in his eyes told me something big was on his mind. I was right.

Bereaved families locked out of NS&I savings

Bereaved families locked out of NS&I savings More customer service woes after state-backed bank closes Indian support office 3 June 2021 • 6:00am Families including the recently bereaved have been unable to access cash tied up with National Savings & Investments, as the state-backed bank struggles with a fresh raft of customer service failures. NS&I staff are working through a paperwork logjam dating back weeks, after the provider temporarily shutdown its Indian processing centre due to the country s severe coronavirus crisis, Telegraph Money understands. A diminished UK-based workforce has had to shoulder the workload. Furious customers have taken to social media to voice their anger at the 160-year-old institution. 

Primark has a hidden in-store service few shoppers know about

Primark has a hidden in-store service few shoppers know about
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