Boris Johnson signs Brexit deal and paves way for UK to leave the bloc next week January 25, 2020 Prime Minister Boris Johnson has officially signed the EU Withdrawal Agreement paving the way for Brexit to happen next Friday. He said it was “fantastic” and that the UK could now “move forward as one country” as he signed the deal hours after EU figures had done the same. Johnson said this marked the end [...]
Can active fund managers beat the index? January 24, 2020 | Sponsored Watch Job Curtis, Fund Manager of The City of London Investment Trust, field questions from an online audience of private investors in the latest episode of Trust TV.
German economy picks up pace while Eurozone growth stagnates January 24, 2020 The German economy expanded at its quickest rate in five-months in January suggesting the “storm clouds may be starting to clear”. IHS Markit’s flash composite Purchasing Managers’ Index (PMI) revealed that growth was up to 51.1 from 50.2 at the end of 2019. It comes as growth in services activity picked up, rising from 52.9 [...]
DEBATE: Is it worth scrapping the digital tax for the sake of a UK-US trade deal? January 24, 2020 Is it worth scrapping the planned digital services tax for the sake of a UK-US trade deal? Morgan Schondelmeier, head of development at the Adam Smith Institute, says YES. Europe and the US fundamentally disagree about how to approach tech companies. The US has become a world leader by embracing permissionless innovation and growth, while [...]
Procter & Gamble misses estimates on poor nappy sales January 23, 2020 US consumer goods giant Procter & Gamble reported lower-than-expected quarterly sales today, hurt by a stronger dollar and a slowing demand for nappies. The slowing growth rate globally has hit demand for its Pampers nappies, particularly in the US and China. Net sales rose 4.6 per cent to $18.2bn (£13.9bn), slightly below the average analyst [...]
Coronavirus: Four patients in Scotland tested for the virus January 23, 2020 A small number of patients in Scotland are being tested for coronavirus after showing symptoms of the infection. Professor Juergen Haas, head of infection medicine at Edinburgh University, told the BBC that there were three suspected cases in Edinburgh. He said they all had respiratory symptoms and had been in the city of Wuhan in [...]
Is 2020 the year for European small cap? January 23, 2020 | Sponsored Ollie Beckett, fund manager for TR European Growth Trust, explains why he believes European smaller companies are performing well; Ollie believes this is due to renewed investor confidence as economic data points towards a stabilisation and a positive start to 2020. Ollie also discusses the latest portfolio activity and which stocks have performed exceptionally well. [...]
Ikea recalls travel mug over leaking chemicals risk January 23, 2020 Ikea has warned customers to stop using a travel mug bought from the store over concerns it could leak dangerous chemicals. The Swedish retailer issued a recall notice for its “Troligtvis” travel mug, after tests found it could leak levels of toxic Dibutyl phthalate (DBP) exceeding the safe limits. Owners of the travel cup – [...]
CMC Markets strikes upbeat note as income beats expectations January 23, 2020 Online trading platform CMC Markets has lifted its full-year income expectations once again after its third quarter income beat predictions, as an increased focus on partnerships and professional traders pays off. In a trading update on Thursday, CMC said third quarter net operating income came in above expectations, and that net operating income for the [...]