Wanted: Your free-market ideas to give everyone a shot at improving their lives April 26, 2019 Life isn’t fair. It never will be. In fact, so much of what we experience day-to-day, year-to-year, is a result of things we can’t control – the country we’re born in, the robustness of our immune system, the bumps on our nose (well, mine anyway) are pre-determined facts of life. Progress means embracing or overcoming [...]
New deals still on the table says chief executive as Anglo Pacific doubles growth year-on-year April 25, 2019 Strong growth at its star project helped mining royalties group Anglo Pacific boost its income by two per cent quarter-on-quarter in the first three months of the year, the firm said today. The Kestrel coal mine in Queensland, Australia, grew incomes 12 per cent from the last quarter of 2018, while sales volumes increased by [...]
Acacia Mining shows disappointing results as ‘double-whammy’ hits production April 25, 2019 Gold miner Acacia disappointed investors today, sending shares down more than seven per cent, as two major mishaps hit production. Gold output dropped 13 per cent year-on-year to 105,000 ounces as part of the ground gave way at its Gokona underground mine in North Mara, Tanzania. Read more: Shareholder reaches deal with Tanzania over Acacia [...]
CBI: UK retailers enjoy sales boost for the first time in five months April 25, 2019 UK retail sales grew for the first time in five months in April, according to a major business group, in the latest sign that consumer spending is holding up despite ongoing political uncertainty. Read more: Retail sales jump higher than expected in March However, Easter falling later this year probably helped the figures, said the [...]
Extinction Rebellion: Climate change protesters target London Stock Exchange and Canary Wharf station April 25, 2019 Climate change protesters glued themselves to the London Stock Exchange this morning as they target the City of London in their last day of activism after two weeks . A string of seven Extinction Rebellion protesters have blocked the entrance to the exchange, with campaigners dressed in what they described as “Robocop-style” masks with the [...]
Leaving EU behind: The potential winners and losers from a soft Brexit deal April 25, 2019 After three failed votes, Prime Minister Theresa May has another six months to get her Brexit deal through the House of Commons. Despite her securing an extension from the EU, the Brexit deadlock seems as intractable as ever. Still, some form of soft Brexit remains a likely option, so it’s worth exploring the potential impact [...]
What a tin of battered beans can tell us about behavioural finance April 25, 2019 "Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular, and do well.” Those are the words of one of the greatest investors of our generation, Warren Buffett. The investment guru got me thinking: why is the stock [...]
Labour’s top Trotskyites want to crash the economy and spark a revolution April 25, 2019 In the wake of the political chaos, with the government fixated on Brexit, there is a credible threat of two Trotskyite Marxists becoming Prime Minister and chancellor. While the likelihood of a General Election this year remains low, it cannot be ruled out. This means that there is no greater task for the government at [...]
Public will be able to make digital HMRC complaints from August April 25, 2019 The chair of the Treasury Committee, Nicky Morgan, has today welcomed the move by HM Revenue & Customs (HMRC) to let the public make complaints about its decisions digitally. Read more: HMRC claims its online tax evasion crackdown has clawed back £200m Earlier this month Morgan said her and the Committee, which scrutinises the Treasury [...]
London Capital & Finance investors rage against the FCA, EY and PwC in stormy meeting April 24, 2019 Angry bondholders of collapsed lender London Capital & Finance railed against the Financial Conduct Authority (FCA) and accountants PWC and EY today at a packed meeting in City Temple church. Furious investors raged against the FCA, blaming it for failing to intervene in the regulated firm sooner. “We’ve been sold down the river!” One investor [...]