A truly useful, if less than sexy, resource for the novice investor May 4, 2011 HOW TO BUILD A SHARE PORTFOLIO BY RODNEY HOBSON Harriman House, £16.99 Phillip Salter IF you own a handful of UK shares but lack a strategy beyond: “I like to shop at Tesco, so I bought a few of its shares,” this book will help you build a financial future upon more secure foundations. Written [...]
Dido’s gamble means white flag isn’t likely February 8, 2011 DIDO Harding is a keen racehorse owner whose horse Cool Dawn won the Cheltenham Gold Cup in 1998. But perhaps the biggest gamble of her career was leaving the sector she had become synonymous with to take the reins at TalkTalk. Harding made her name in supermarkets, first as an executive at Tesco, which she [...]
FTSE to break through 6,000 on M&A rumours April 17, 2011 ALTHOUGH clearly nervous around the psychologically significant 6,000 barrier, London’s blue chip index looks set to build on Friday’s gains, with defensive stocks providing the momentum. In 24-hour trading, GFT is forecasting the UK index to open up 20 points from last week’s close, at around 6,016. The German DAX is quoted to open up [...]
FTSE to break through 6,000 on M&A rumours April 17, 2011 ALTHOUGH clearly nervous around the psychologically significant 6,000 barrier, London’s blue chip index looks set to build on Friday’s gains, with defensive stocks providing the momentum. In 24-hour trading, GFT is forecasting the UK index to open up 20 points from last week’s close, at around 6,016. The German DAX is quoted to open up [...]
THE WEEK AHEAD in association with GFT April 17, 2011 COMPANY NEWS ● On Tuesday, RBS will hold its AGM. The Treasury, on behalf of British taxpayers, still owns the majority of its shares. ● Tesco will report on Tuesday. Every little helps. Fellow FTSE 100 companies Reed Elsevier and Hargreaves Lansdown will be posting first quarter and third quarter results respectively. It’s a busy [...]
Retail sales up as public borrowing improves April 21, 2011 Retail sales rose unexpectedly in March helped by stronger food sales on the month, while public sector borrowing for the fiscal year ending in March came in below the government’s target, official data showed. The Office for National Statistics said retail sales volumes including automotive fuel rose 0.2 percent last month after dropping by 0.9 [...]
Retail sales up as public borrowing improves April 21, 2011 Retail sales rose unexpectedly in March helped by stronger food sales on the month, while public sector borrowing for the fiscal year ending in March came in below the government’s target, official data showed. The Office for National Statistics said retail sales volumes including automotive fuel rose 0.2 percent last month after dropping by 0.9 [...]
RAINMAKING WON’T STOP PLAY AT CITY’S CHELSEA POWER SHOW May 22, 2011 TONIGHT the worlds of high finance and horticulture will collide at the most popular fixture in the City year: the Chelsea Flower Show charity gala. BSkyB chief executive Jeremy Darroch was spotted eyeing up garden sheds at last year’s Chelsea preview, while Topshop boss Sir Philip Green – known in the City as “PG” – [...]
PERSONAL FINANCE NEWS April 20, 2011 BURGLARS TO CASH IN ON WEDDING While the UK celebrates the royal wedding, AXA, the home insurers, predict a potentially huge surge in burglaries and accidental damage insurance claims. AXA’s research predicts that over four in ten of us will be away from our homes for the royal wedding while a further 21 per cent [...]
Asos profit estimated at top end April 13, 2011 online fashion firm ASOS said full year profit was likely to be towards the top end of expectations after a jump in fourth quarter sales. The fast-growing firm said retail sales increased 70 per cent to £93.4m in the three months to 31 March, its fiscal fourth quarter. That compares with a rise of 59 [...]