Profits at M&G plunge to £182m as market turbulence hits August 11, 2022 Investor M&G reported its profits had slumped by nearly half in the first six months of the year after it was rocked by “adverse market movements” and soaring inflation.
Exclusive: Bank of England is ‘taking money from homeowners to curb inflation’ August 11, 2022 HOUSE prices will soon start to “flatline” following years of double digit rises, a leading property association claims this morning. Property values have continued to soar over the past two years in most regions of the UK – often defying predictions by economists who are convinced a crash is on the horizon. The National Association [...]
Why bargain hunters should be shopping in Europe, not the US August 11, 2022 | City Talk Value stocks in Europe are the “unloved of the unloved”, but they have actually offered more growth than growth stocks. Here, three charts tell the story. The value investor has become something of an endangered species over the last decade, pushed to the side-lines of a market fixated on seeking never-ending growth in areas such [...]
Four charts that make the case for value investing August 11, 2022 | City Talk The more the world changes, the more value investing remains a compelling investment strategy. Here’s why “Plus ça change, plus c’est la même chose”. Or, in English: “The more things change, the more they stay the same”. Nowhere is this more true than in the realm of value investing. Throughout history, humankind has faced profound [...]
What is happening with EUR/USD, GBP/USD and AUD/USD prior to the US CPI release August 11, 2022 | City Talk EUR/USD remains rangebound as the price rises into resistance EUR/USD has been trading within a range over the course of the past three weeks, with the price spending much of this week rising back towards the confluence of trendline and 200 simple moving average (SMA) resistance. The wider bearish trend does bring expectations of another turn lower before [...]
Era of 10 euro budget tickets is officially over, says Ryanair boss Michael O’Leary August 11, 2022 Ryanair’s chief said this morning that the airline’s trademark 10 euro fares will not be seen for a “number of years” due to soaring fuel prices. In an interview with BBC Radio 4’s Today programme, Michael O’Leary said he expected Ryanair’s average fare to rise by about 10 euros over the next five years, from [...]
The over-hyped madness of the metaverse and the forgotten value of video August 11, 2022 The metaverse and Virtual Reality have had the weight of a number of large big technology companies behind it in the last year, spearheaded by the likes of Apple, Facebook, and Microsoft. Not only did the industry see its proliferation increase substantially over the pandemic, but the hype has yet to deter, particularly with speculation [...]
Today: Govt to hold emergency talks with energy chiefs as anger over spiralling energy bills rises August 11, 2022 Energy bosses will meet with Government tomorrow, to discuss how they can ease pressure on consumers facibng record bills.
Disney takes online video crown away from Netflix as global streaming war heats up August 11, 2022 Entertainment giant Disney said late last night it has taken over streaming rival Netflix in the total number of subscribers for the first time ever. Having gained 14.4m subscribers to its Disney+ the franchise now maintains a 221m total subscriptions across its streaming offerings. This is compared to Netlfix’s reported 220.67m total global subscribers. It [...]
US inflation under shoot boosts London’s FTSE 100 and Wall Street August 10, 2022 City traders today were boosted by signs of inflation cooling in the world’s biggest economy sparking a rally on Wall Street. London’s premier FTSE 100 index climbed 0.25 per cent to 7,507.11 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, surged nearly two per [...]