THE PRUDENT INVESTOR: Why I’m ditching lousy fund managers who can’t forex achievements investing with us is a great opportunity beat a robot! 58bn global empire steps down – but will he now run for US president?
Rebecca Goodman: Victory for This is Money as Ofcom FINALLY says Virgin Media’s exit fee is too high – so why is it still getting away with charging it? What is an investment trust and why would you want to put your savings into one? Do the crises in Argentina and Turkey spell danger for emerging markets as the strong dollar stings? Airbus is losing two top executives in a management shake-up. Chief executive Tom Enders and chief operating officer Fabrice Bregier plan to step down from the European plane maker at a turbulent time. Airbus is under investigation by the Serious Fraud Office as well as French authorities over allegations of fraud, bribery and corruption connected to alleged use of middlemen in plane sales. The firm makes wings for its planes in Filton, near Bristol, and Broughton, Flintshire, employing about 12,000 across the two sites.
Enders, 59, announced he will not seek another term as chief executive when it runs out in April 2019. Bregier, 56, will step down in February. Tensions between the pair are believed to have contributed to Bregier’s departure, although those claims have been denied. Airbus board might well find itself to be somewhat lacking in the kind of gravitas and necessary skills that have been the driving force behind its growth and very many achievements’. What is behind the FTSE 100’s sudden sharp rise? When is a good time to start investing? I flew to Hungary to have my teeth fixed.