Category : Search result: sovereign wealth fund


Export Ban on Rare Trafalgar Union Jack

A government export ban aims to keep a unique, battle-scarred Union Jack from the Battle of Trafalgar in the UK. The flag, one of only three survivors, is valued at £450,000.

Future Fund CEO questioned over $20k hotel bill

Future Fund CEO Raphael Arndt faces parliamentary scrutiny over a $20,000 hotel stay during a US trip. Watch the video for the full exchange and details on the fund's expense policies.

UK-EU Defence Fund Talks Collapse Over €6bn Fee

Keir Starmer's bid to reset UK-EU relations suffers a major setback as negotiations to join the €150bn Safe defence fund collapse over a multi-billion euro entry fee. Discover the implications for British defence firms.

Former NY Trooper Acquitted in Girl's Death

A former New York state trooper has been acquitted of murder in the death of an 11-year-old girl following a fatal highway pursuit. Read the full verdict details.

Monaco's Royals Celebrate National Day in Style

Princess Charlene and Prince Albert led the Monegasque royal family in celebrating Monaco's National Day. Discover the fashion, the family moments, and the traditions of this grand event.

NS&I Slashes Premium Bond Prize Fund Rate

NS&I has announced significant changes to Premium Bonds, reducing the prize fund rate from 1.00% to 0.95% starting in June 2024. Discover how this affects your chances of winning and what experts recommend for savers.

Top lawyer ousted in client fund misuse scandal

Prominent London solicitor James Donovan dismissed from PCB Litigation after allegedly misusing millions in client funds for luxury private jet travel, extravagant parties, and personal expenses in shocking financial misconduct case.

Norway Wealth Fund Rejects Musk's £44bn Tesla Pay Deal

In a dramatic shareholder revolt, Norway's massive sovereign wealth fund has voted against Elon Musk's controversial compensation package, dealing a significant blow to the Tesla CEO ahead of the company's annual meeting.

£70TN inheritance boom to worsen UK inequality

Leading economists warn that an unprecedented £70 trillion in wealth transfers over the next decade will dramatically widen the gap between rich and poor, creating a 'silver spoon' economy.

US Billionaires' Wealth Soars by £698bn in One Year

America's ten wealthiest individuals saw their fortunes skyrocket by $698 billion over the past year, with Elon Musk and Jeff Bezos leading unprecedented wealth accumulation during economic uncertainty.

Why You Don't Need a Massive Rainy Day Fund

Leading consumer expert reveals why traditional emergency fund advice is outdated and how smarter financial strategies can protect you without draining your savings.

Prince Andrew in line for six-figure royal payment

The Duke of York is reportedly in line to receive a substantial one-off payment and regular annual income as part of King Charles's restructuring of royal finances, raising eyebrows amid ongoing controversy.

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