The art of the deal: Five things we learned from Trump’s tax returns May 8, 2019 Hours after one of Donald Trump’s closest White House allies, Treasury secretary Steve Mnuchin, formally refused the Democrats’ request for the President’s tax returns late on Monday, the cat was out of the bag. Trump’s much-sought after tax returns reveal massive losses throughout the eighties and nineties for the self-styled master of the deal, topping more [...]
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 [...]
Look After My Bills helps consumers save money by automatically switching their energy provider May 8, 2019 When did you last switch your energy provider? For renters and homeowners alike, managing the cost of our electricity and gas supply is a major headache. Consumers are encouraged to switch regularly, not only in order to find cheaper deals and save money, but also to ensure that the energy market remains competitive and offers [...]
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 [...]
Lloyds Banking Group: Q1 results analysis May 7, 2019 | City Talk By Graeme Evans from interactive investor. After a stunning share price performance, do these 'hit and miss' results justify optimism? Lloyds Banking Group (LSE:LLOY) investors, in need of a silver lining after an underwhelming earnings season from UK lenders, only have to look back 24 hours earlier to the surprise gift handed to the bank [...]
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 [...]
Royal Bank of Scotland undone by Brexit May 6, 2019 | City Talk By Graeme Evans from interactive investor. These were a 'noisy' set of Q1 results from RBS, but probably look 'worse than the reality'. Back in the dividend-paying ranks and with shares up by as much as 25 per cent in 2019, The Royal Bank of Scotland (LSE:RBS) provided investors with a reality check as the state-backed lender [...]
Lloyds Bank: The must-know numbers ahead of Q1 results May 3, 2019 | City Talk By Alistair Strang from interactive investor. Lloyds shares remain in a static state. Our chartist runs the numbers again hoping for a catalyst. When we last reviewed Lloyds Banking Group (LSE:LLOY), we admitted considerable discomfort in projecting the share's future potentials. Instead, we opted for the coward's route, suggesting it was probably going to be [...]
Penny pincher? Treasury saves 1p and 2p coins after threat to loose change May 3, 2019 The Treasury has decided the UK will retain copper coins for “years to come” after their future had been in question. Read more: DEBATE: Is biometric technology the future for digital payments? In the Spring Statement in 2018 chancellor Philip Hammond had called for a consultation on the mix of coins and banknotes in circulation. However, [...]