We are taking the first step to challenge university groupthink November 28, 2018 The world of academia may seem remote from everyday politics. But it would be wrong to conclude that the arguments made by university scholars do not matter for Westminster. In fact, the ideas that dominate in universities at any given time typically go on to strongly influence public debate and policy. This isn’t surprising, as most [...]
Venezuela is a brutal lesson to the UK’s socialist apologists November 28, 2018 I know it is very hard to believe, but at some point we shall stop talking about Brexit. We shall get back to discussing what we can do to improve our lives and those of others. And we shall look for inspiration from other countries to learn lessons from catastrophic failures or discover truly amazing [...]
Like southern Europe, Britain’s stagnant regions are stuck in a monetary union trap November 28, 2018 The Economic Statistics Centre of Excellence created a bit of a stir at the end of last week with its estimates of growth in the regions of the UK. Since the recovery from the financial crisis began during 2009, London’s economy has grown by 26 per cent. At the other end of the scale, output [...]
Igas begins drilling at its first UK shale well in Nottinghamshire November 27, 2018 Igas hopes to become the second company to frack in the UK as it today begun drilling at an exploratory well in the Midlands. The energy company said it had started work on the TL-1 exploration well at Tinker Lane in Nottinghamshire. The exploration, which was given planning permission in March last year, aims to [...]
Sterling dips as Trump and Fallon launch attacks on Theresa May’s Brexit deal November 27, 2018 Sterling suffered another fall today amid increased doubt over whether the Prime Minister’s Brexit bill will pass through parliament. Theresa May announced yesterday that the Commons vote on her deal will take place on Tuesday 11 December. But division among MPs has taken its toll on the markets, which remain wary of a no-deal Brexit. [...]
Equity markets to “regain footing” in 2019 as economy grows and sees off risks after tumultuous year, Credit Suisse predicts November 27, 2018 Global stock markets will “regain their footing” in 2019 and shareholders will see increased returns, Credit Suisse has predicted. The Swiss banking giant, in its 2019 investment outlook, said the emerging market equities would recover from this year's weakness, while innovation would make the tech and healthcare sectors more attractive. Financial markets have experienced a [...]
Economist disputes claim that Brexit deal could shrink UK economy November 27, 2018 Research claiming that Theresa May’s Brexit deal could reduce Britain’s economy by up to 5.5 per cent over the next decade compared to staying in the EU has come under fire from a pro-Brexit economist. Researchers at the London School of Economics, King’s College London and the Institute for Fiscal Studies said the withdrawal agreement [...]
Inescapable investment truths for the decade ahead November 27, 2018 | City Talk It seems clear to us that the world investors have got used to over the last few years is very different to the one we need to get accustomed to in the years to come. We have identified a number of economic forces and disruptive forces we think will shape the investment landscape ahead of [...]
Profit leaps at guarantor loans provider Amigo following its London float earlier this year November 27, 2018 Sub prime lender Amigo posted a 40 per cent jump in adjusted profit after tax today in its first results since its London flotation in June. Shares were down 1.15 per cent this morning at 262p, which also marked a dip on their original price of 275p. Revenue grew 40 per cent to £130.1m in [...]
Broker AJ Bell’s IPO could give it a £675m market cap November 27, 2018 Investment platform AJ Bell’s upcoming stock market debut could value the firm at up to £675m, it revealed today. The company announced a price range between £1.54 and £1.66 per ordinary share this morning, putting its initial public offering (IPO) value at between £626m and £675m, far higher than previous estimates of £500m. Chief executive [...]