World wealth rankings: Here’s where the world’s millionaires live (spoiler – the number of UK super-rich is about to double) October 14, 2015 The UK is home to more of the world's millionaires than anywhere else in the world, apart from the US, and that number is only set to grow in the next five years. More than two million millionaires call the UK home, and rising numbers have caused the UK to jump two places ahead of Japan and [...]
These are the seven emerging market funds that are actually performing well after Black Monday October 14, 2015 Emerging market funds were pummelled hard by Black Monday. But not quite all of them. There are seven emerging markets funds with returns in the double-digits despite the great fall of China and the shockwaves that hit global markets after it. The top performer has been NFU Mutual’s Global Emerging Markets fund, according to data [...]
UK unemployment unexpectedly falls to a seven-year low while wage growth misses economists’ expectations October 14, 2015 UK unemployment unexpectedly slipped to its lowest level since mid-2008, according to data released today by the Office for National Statistics (ONS). The number of people out of work fell by 79,000 to 1.77m, taking the unemployment rate to 5.4 per cent between June and August, down from 5.6 per cent in the three months to May. Sterling [...]
Black Friday 2015 UK predictions: This year’s event is gearing up to be the UK’s first ever £1bn shopping day October 14, 2015 With the mania of Black Friday less than two months away, UK shoppers are getting ready to spend more money than they ever have before in one day. Retailers are braced for the biggest shopping day of the year, after last year’s frenzy shocked many unprepared sellers – and this year sales are set to [...]
London’s just been named the world’s most powerful city for the fourth time in a row thanks to its strong economy October 14, 2015 Rejoice, fellow Londoners, for our fair city has been ranked number one in an index of the world's most powerful cities for the fourth time in a row, largely thanks to its strong economy. Negative inflation? What negative inflation? The Global Power City Index, by the Mori Memorial Foundation's Institute for Urban Strategies, ranks cities by [...]
Canary Wharf tube driver get sassy with workers following “carnage” on the platforms October 14, 2015 Canary Wharf’s tube workers appear to have the most sass of all TfL’s staff. For all the suits, brylcreem and male pattern baldness that make up Canary Wharf's backdrop, you’d be forgiven for thinking that those in finance are mature, responsible adults. However, one tube driver on the Jubilee line was extremely disappointed [...]
Hargreaves Lansdown share price rise as it issues record first quarter results ahead of Lloyds Banking Group share sale October 14, 2015 Hargreaves Lansdown's share price jumped as it released record inflows for the first quarter, and issued a bullish outlook for the financial year ahead, thanks to next spring's Lloyds Banking Group share sell-off. The figures The Bristol-based group attracted a record 47 per cent new business inflows of £1.43bn for the three months to 30 September on the same period last [...]
Black Friday 2015 UK date and deals: The best offers to expect on 27 November, plus who were the winners and losers from last year October 14, 2015 Black Friday is less than seven weeks away – it falls on 27 November this year – and already consumer sites are full of predictions for which deals we'll be falling over ourselves (and other people) to pick up in 2015. We spent £810m last year, with John Lewis celebrating its biggest sales week of [...]
Chinese economy: Weak inflation figures rekindle investors’ worries over China slowdown October 14, 2015 Weak data from China pulled Asian markets down overnight, as consumer inflation fell back and producer prices continued their deflation unabated. The country’s consumer price index fell from its 13-month high of two per cent in August to 1.6 per cent in September, dragged by slowing food prices. This is lower than economists had predicted, as [...]