FTSE 100 bounds ahead despite housebuilders taking a tax hit while US stocks soar February 10, 2021 FTSE 100 bounds ahead despite housebuilders taking a tax hit
UK financial services sector maintains stable tax contribution amid Brexit and COVID-19 uncertainty February 10, 2021 | City Talk A new report published by the City of London Corporation today (10 February), shows that the UK’s financial services sector contributed a record £75.6bn in tax in the year to March 2020 – a period covering significant uncertainty about the UK’s relationship with the European Union. This contribution remained stable compared to the previous year’s [...]
Where to find shelter from rising inflation February 10, 2021 | City Talk In the wake of Covid-19, investors have started debating whether long-dormant inflation risks will soon resurface. Stay-at-home orders and government spending have left consumers with extra savings and pent-up demand that could eventually drive a spending splurge. At the same time, lockdowns have kept many businesses shut, destroying capacity in some sectors of the economy [...]
Amundi CEO steps down on a high as fund manager reports record profit February 10, 2021 Yves Perrier is stepping down after more than a decade running Amundi, Europe’s largest asset manager. He will be succeeded by his deputy Valérie Baudson, the group said on Friday. Perrier, who has led the French firm since its creation in 2010, announced his departure as the group reported a record fourth-quarter profit. He will [...]
FTSE 100 closes flat while Wall Street rally loses steam February 9, 2021 The FTSE 100 closed flat on Tuesday afternoon while Wall Street retreated on the back off a record session yesterday. London’s blue-chip index closed 0.12 per cent higher as sterling rose to a near three-month high, largely because the dollar floundered as investors eyed a large stimulus package on the horizon. The FTSE 250 closed [...]
We need to ‘Change the Race Ratio’ February 8, 2021 | Sponsored DiverCity® Podcast · Changing the Race Ratio The history books will likely remember 2020 as a year of great change and loss, but amid the human tragedy and economic fallout of the global pandemic, there were also signs of hope – especially for the D&I agenda. The killing of an unarmed black man by a [...]
TDR Capital aims for bullseye with £540m Arrow offer February 8, 2021 Private equity firm TDR Capital has made a fourth offer for European investor and asset manager Arrow Global. The offer stands at a price of 305 pence per share, TDR said on Monday. Shares in Arrow rose 29 per cent to 298 pence following the bid, which would value the company at around £540m. The [...]
Should you invest in P2P lending through your ISA? February 8, 2021 Cash and stocks and shares aren’t the only choices when it comes to using your ISA allowance. You can also back British business and individuals through peer-to-peer lending using an Innovative Finance ISA (IFISA). An IFISA lets investors earn interest from peer-to-peer loans tax-free. You can use part of your £20,000 ISA allowance but can [...]
How to use ISAs to simplify your life February 8, 2021 ISAs are an incredibly useful savings and investment tool which should form the bedrock of your financial planning strategy. They can even help you simplify and streamline your personal finances for an easier life. Here’s how. Spend less time on your tax return If you complete a self-assessment tax return, any interest, capital growth or [...]
Vaccines, central banks and a value revival: What’s driving investment decisions in 2021? February 8, 2021 In 2020, there was only one story in town: the coronavirus crisis, and newsflow about the pandemic was the biggest driver of stock markets. With macroeconomic news affecting investments more than ever before, what are the key issues that will shape the experts’ investment decisions this year, and what could it mean for your investment [...]
