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The Sunday Times's Lucy Tobin recommended investors buy shares of hotel operator PPHE Hotel Group, highlighting its strong brands, strategic partnership with hotel giant Radisson and rising revenues per available room.
More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1. 4bn Cum-Ex fraud in London.
