Stop all that corporate drivel and get to the point July 29, 2019 Lots of recent heavy-duty research suggests that millennials and generation Z are different from other consumers. According to such studies, these younger generations care more about ethical issues and the environment, they want to know what their pensions and investments are being used for, and they want to buy from companies that have a higher [...]
Herd behaviour is more to blame for the Neil Woodford saga than the man himself July 29, 2019 Over the last two months, the media storm around Neil Woodford has captured the attention of investors, regulators, and even parliament. A man who was once billed as “Britain’s Warren Buffett” is now at the centre of a crisis which threatens to extinguish the star fund manager and his eponymous fund. Woodford built his reputation [...]
DEBATE: Has ‘diversity’ become a dirty word in the tech industry? July 29, 2019 Has ‘diversity’ become a dirty word in the tech industry? Philippa Sturt, managing partner at Joelson, says YES. The term “diversity” has become so prevalent in the tech sector that it has lost a lot of its impact, especially when it comes to gender. In the venture capital industry, for example, investors are being encouraged [...]
AIM delistings fall to lowest level in over a decade July 29, 2019 The number of companies delisting from the stock exchange’s Alternative Investment Market (AIM) dropped to the lowest level for a decade last year. Just 66 companies delisted from AIM during the year ending 30th June, according to research by accountancy group UHY Hacker Young. This is down from last year’s figure of 82, and represents [...]
FCA tries to take consumers back to the nineties ahead of PPI deadline July 29, 2019 The animatronic head of Arnold Schwarzenegger and the eight-time world memory champion have been enlisted by the Financial Conduct Authority (FCA) to help consumers remember if they were mis-sold Payment Protection Insurance (PPI). With a month to go before the deadline for making PPI complaints to providers, the FCA has launched a campaign that aims [...]
ii view: Sales boom at Amazon, but so do costs July 26, 2019 | City Talk By Keith Bowman from interactive investor. Rising costs and disappointing profits overshadow further sales growth at the online retailer. Second-quarter results to 30 June 2019 Net sales up 20 per cent to $63.4 Operating income up 3.3 per cent to $3.1 billion Diluted earnings per share up 3 per cent to $5.22 Chief executive Jeff Bezos said: “Customers [...]
Want to clock off early? You’re not alone July 26, 2019 As the capital reaches record temperatures, many City workers would likely jump at the chance to be able to work when it suits them. Frolicking outside in the sunshine probably sounds far more appealing than being stuck in a stuffy office. But even though it has been a legal right for employees to request flexible [...]
Scottish fintech Paysend closes £8.5m series B round July 26, 2019 Fintech firm Paysend has today announced the close of an £8.5m funding round, led by GVA Capital and a crowdfunding campaign on Seedrs. Silicon Valley-based GVA invested £3.95m in the round, while Revolut and Paypal-backers Plug and Play and Digital Space Ventures led the funding on Seedrs. More than 900 investors joined the crowdfunding effort, [...]
ITV prospects brighten after Love Island boost July 25, 2019 | City Talk By Graeme Evans from interactive investor. A Love Island advertising boost has helped high-yielding ITV shares to recover some lost ground. While the prospect of another Love Island on our screens this winter won’t fill everyone with joy, ITV (LSE:ITV) investors are unlikely to be complaining too loudly after the current series of the hit reality show helped to bolster [...]
Fevertree Drinks shares worth £36 despite sell-off July 24, 2019 | City Talk By Graeme Evans from interactive investor. Slower growth is never good news for highly-rated stocks, but Fevertree still has plenty of fans. Runaway success stories like Fevertree Drinks (LSE:FEVR) don’t come around often, which is why yesterday’s latest slide for the AIM stock should alert investors to a potentially enticing entry point. The sky-high valuation has weakened considerably since early [...]
