The real revolution in electric vehicles… May 13, 2019 | City Talk Electric vehicles (EVs) have reached a clear inflection point. Product quality has improved and consumer availability is expanding rapidly. Perhaps most importantly, the cost of electric car ownership is finally approaching parity with traditional combustion engine cars. The colourful stories within the industry have also helped generate interest: the spectacular and turbulent growth story of [...]
Why bombed-out Sainsbury’s leads the FTSE 100 May 10, 2019 | City Talk Hammered since the Asda merger was blocked, our head of markets explains the surge to a three-week high. Rather than fight the decision of the Competition and Markets Authority (CMA), Sainsbury (LSE:SBRY) and Asda decided to call off the wedding. This leaves a huge strategic question mark over where Sainsbury's goes next. Not surprisingly, the [...]
The relief of revenue reserves May 10, 2019 | Sponsored There is no question that we find ourselves in uncertain times. It is during periods of uncertainty that the investment trust structure has distinct merits. That’s because investment trusts, which are listed companies in their own right, can store future income away for a rainy day – a unique function of investment trusts called revenue [...]
Can you afford to be out of the stock market this summer? May 8, 2019 | City Talk By Jemma Jackson from interactive investor. With lots of potential banana skins for financial markets around, we discuss investment tactics for the warmer months ahead. The days when the City was swapped for Ascot, Wimbledon, Henley and Lords en masse are long gone, and whether senior trader, private investor, or anything in between, we are [...]
Investor confidence over Brexit picks up despite ongoing uncertainty May 7, 2019 The number of investors that believe Brexit will have a positive impact on the economy has overtaken those with a negative outlook. Despite the ongoing uncertainty over the UK’s departure from the European Union, 41 per cent of high net worth individuals said Brexit will be good for the UK’s economy compared to 35 per [...]
DEBATE: Could Mark Zuckerberg’s Facebook omnipotence be coming to an end? May 7, 2019 Could Mark Zuckerberg’s Facebook omnipotence be coming to an end? Greg Consiglio, chief operating officer at Connectt, says YES. Facebook was originally set up to connect friends who share interests, primarily through a news feed that users controlled. Now, algorithms dictate the user experience, and with feeds more crammed than ever, what once was fun and informative [...]
The green rush? The UK’s cannabis industry is reaching dizzying new highs May 7, 2019 Predicting the emergence of the UK’s next billion-pound industry is the dream of any investor. Yet what if, unbeknown to many of its citizens, the UK were already competing as a global leader in that market? When it comes to the burgeoning legal cannabis market, this is already the reality. According to the UN’s International Narcotics [...]
Coca-Cola bottler sees strong first quarter growth May 2, 2019 Coca-Cola HBC AG – the world's third-largest bottler of the drink – today announced solid first quarter performance for 2019, as well as a special dividend for investors. Overall sales revenue rose 4.7 per cent to €1.41 bn (£1.21 bn) in the first three months of the year compared to the same period in 2018, [...]
Fixed income and global funds secure combined inflows of £1.5bn May 2, 2019 Fixed income and global funds saw combined net retail sales of £1.5bn in March, bucking the trend of mounting outflows sparked by Brexit uncertainty. Global funds secured net retail sales of £691m in March, making it the largest month of inflows into the sector on record, according to analysis by the Investment Association. Read more: [...]
DEBATE: At $1.5bn, is plant burger firm Beyond Meat over-valued? May 2, 2019 At $1.5bn, is plant burger firm Beyond Meat over-valued? Chris Beauchamp, a senior market analyst at IG, says YES. For many, Beyond Meat’s IPO would seem to mark the perfect “market top” moment. A company producing a cutting-edge product, with ongoing losses and the risk that it may never make a profit, is seeking to become [...]