Clinton good, Trump bad: Market reaction to changing odds is too simplistic November 7, 2016 Thank goodness Britain is a nation of geniuses (or should that be genii?). Not even six months after the UK got to grips with the minutiae of EU rule-making and its enormous, surreptitiously dastardly implications for our country, we have all suddenly become experts in British Constitutional Law. We have had a lot of assistance [...]
Senior bankers are pushing the government to bring in transitional measures for Brexit, and warning of a “cliff edge” of disruption September 7, 2016 Britain's bankers are pushing for transitional arrangements to soften the impact of Brexit. Banks are currently adopting a “wait and see” approach on whether to remain in the UK, according to the chief executive of the British Bankers' Association, but Browne said that transition measures could soften uncertainty and the risks of a “cliff edge” of [...]
Canadian group Jackpotjoy goes for bingo with IPO on London Stock Exchange in October September 6, 2016 Canadian online bingo firm Intertain Group rebranded today and has set early to mid-October as its deadline to float on the main market of the London Stock Exchange. Intertain has taken the name of its largest business unit, Jackpotjoy, under which it will trade in the UK. The group’s market capitalisation on the Toronto Stock Exchange is CA$744m [...]
Berkeley Group’s home reservations hit by stamp duty and the Brexit vote September 6, 2016 Berkeley Group, the housebuilder recently relegated from the FTSE 100, has said in a statement today that reservations for its properties have fallen by 20 per cent as compared to last year. Stamp duty tax changes and the EU referendum had made trading more difficult, it said in its trading statement today, which covers the period from [...]
House prices increased in June, but the market is slowing – and some analysts are predicting price falls of five per cent this year July 7, 2016 House prices increased month-on-month in June – but there are signs that the growth is slowing, and some analysts think that they will fall by five per cent in the second half of 2016. Prices were up 1.3 per cent in June as compared to May, according to the Halifax House Price Index, which recorded data throughout [...]
Three important investment lessons to take from 2016 January 5, 2017 Did anybody anywhere in the world put an accumulator bet on the UK voting to leave the European Union, Donald Trump winning the US presidential election and Leicester City winning the Premier League? The bookmakers believe not and you’d think they might have noticed – after all, these events were considered so unlikely that [...]
Three important investment lessons to take from 2016 January 5, 2017 Did anybody anywhere in the world put an accumulator bet on the UK voting to leave the European Union, Donald Trump winning the US presidential election and Leicester City winning the Premier League? The bookmakers believe not and you’d think they might have noticed – after all, these events were considered so unlikely that just [...]
Virgin Media catches up to rivals with its first 4K TV set-top box November 30, 2016 After much teasing and trailing, Virgin Media has finally launched its first ultra HD 4K TV set-top box. Virgin – whose owner Liberty gave the company its backing post-Brexit vote – is joining the likes of rivals Sky and BT in pushing 4K content to the masses, offering four times the resolution of high definition broadcasts. The TV [...]
No delays on Brexit, warns Prime Minister Theresa May October 2, 2016 Theresa May has vowed that there can be no delays on the UK’s departure from the European Union, blasting efforts to secure parliamentary oversight for the process as “undemocratic”. May accused campaigners seeking a vote in parliament of trying to “kill” the UK’s referendum verdict. Speaking at the Conservative party conference in Birmingham, May also [...]
House prices fell month-on-month in July, and quarterly price growth has slowed August 5, 2016 House prices fell between June and July – but there was growth year-on-year, Halifax data released this morning has shown. Property values in the three months to July were up by 8.4 per cent compared to the same period last year, according to the Halifax house price index. Prices between May and July were 1.6 [...]