Lehman Brothers 10 years on September 4, 2018 It’s hard to believe that it’s almost ten years since financial markets globally underwent a cardiac arrest that brought the world economy to its knees. Financial markets had already been on a slow downward slope in the lead up to events in September 2008, over concerns about the stability of the global financial system that [...]
Last Week in the City: August rate rise now less likely July 20, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (16 to 20 July 2018). The chances of an interest rate rise at the Bank of England’s August meeting appeared to recede this week after inflation data was more subdued than expected and retail sales data [...]
Best ethical homeware brands in the UK: Fast fashion is a much-known scourge, but should we now look at the ethics of our furnishings? July 5, 2018 Did you know that the global fashion industry is on track to consume over a quarter of the world’s annual carbon allowance by 2050? Stella McCartney does and she’s been travelling the world with sailing wonderwoman Dame Ellen MacArthur shouting about it for the last couple of years now. Perhaps that’s why so many more [...]
Wembley sale: Questions over the FA’s valuation and need to sell, says its former commercial director May 1, 2018 As has been widely reported, the Football Association has received an offer from the American billionaire Shahid Khan to buy Wembley Stadium. Khan already owns an NFL franchise and Fulham FC, and is no stranger to football or London and the UK. Permission for the FA executive to develop the proposal has been granted by [...]
Interior design marketplace Eporta lands $8m funding from venture capital and angel investors including Guy Hands | City A.M. April 10, 2018 Interior design startup Eporta has nabbed $8m (£5.7m) in funding from an impressive list of venture capital firms and angel investors. London-based Eporta, which acts as a business-to-business marketplace where interior designers and offices can buy furniture from manufacturers directly, pulled in the cash in a series A round led by US firm Canvas Ventures. [...]
Brexit: 23 answers to investors’ questions October 16, 2018 The UK’s scheduled departure from the EU is fast approaching. Many observers are hopeful for an orderly withdrawal. But plenty of potential pitfalls between now and Brexit-day which could result in a chaotic divorce. The only near-certainty at present is that the UK will cease to be a full member of the EU on 29 [...]
Sky share price rises above takeover offer: English Premier League victory could see Rupert Murdoch bowing out just at the right time February 15, 2018 Investors were clearly happy with Sky’s Tuesday night Premier League result, pushing the company’s shares to nearly £11 a pop during yesterday’s trading. The broadcasting giant’s stock eventually ended the day 7p higher than the £10.75 a share tabled by Rupert Murdoch’s 21st Century Fox. With the majority of Premier League TV rights decided, Sky [...]
Will UK interest rates rise in May? May 4, 2018 Rate rises are important to many in the UK, particularly those whose wealth is tied to the value of their homes and the mortgage debt they pay on them. A rate rise could have a substantial impact on both, potentially driving down the value of the home while increasing mortgage costs. It can also have [...]
University challenge: The £50,000 question October 11, 2017 The new university term is now in full swing, and you might be relieved that your child is on their way to becoming a fully-fledged adult. But for many young people and their parents, university doesn’t quite bring the independence they expect. Tuition fees have gone through the roof, with most British students now forking [...]
How and why rising trade tensions have moved stock markets March 23, 2018 We explain all of the ins and outs of the turmoil in markets this week, focusing on at what might happen next with escalating trade tensions. How far have stock markets fallen this week? Global stock markets have come under pressure this week on fears over escalating trade tensions. The selling has been most marked [...]