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'Permission fees' hit leasehold homeowners

Homeowners in England with leasehold properties are being slapped with costly “permission fees” to make improvements, according to consumer campaigning body Which? The fees included £252 to own a pet and £60 to put up a doorbell, it said. Leasehold properties often require homeowners to pay ground rent and …

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Tory donor Odey seeks Tungsten chiefs' ousting

The billionaire hedge fund manager and Tory donor Crispin Odey has declared war on the board of a London-listed‎ electronic invoicing group in a bid to oust its bosses. Sky News has learnt that Odey Asset Management, which is one of the largest shareholders in Tungsten Corporation, is demanding …

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VW fined €1.2bn over diesel emissions scandal

Carmaker Volkswagen says it has been fined almost €1.2bn by German authorities in connection with the diesel emissions scandal. Volkswagen said in a statement Wednesday it would accept the fine imposed by prosecutors in the German city of Braunschweig. Prosecutors said the carmaker failed to properly oversee the activity …

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Investors give WPP a bloody nose over Sorrell payout

Almost a third of WPP investors have failed to support the firm’s pay plans, which could see former boss Sir Martin Sorrell pick up almost £20m over the next five years, depending on company performance. The advertising giant’s AGM in London was shown the results of proxy votes on …

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