A grassroots crypto campaign just forced its way into the House of Lords. Now it wants to reshape British banking
Mike Ashley among Debenhams shareholders wiped out April 18, 2019 | City Talk By Graeme Evans from interactive investor. One of the most intriguing City soap operas is over for investors as lenders seize control of Debenhams. The fight for survival at Debenhams (LSE:DEB) stores goes on, but for investors the suspension of shares signalled the final act in a grim 13 years of stock market trading. The [...]
Government in email gaffe amid plans for new pornography age checks April 17, 2019 The government was embroiled in a data breach blunder today hours after setting out its own privacy laws over pornography age verification checks. Culture minister Margot James insisted privacy around porn checks will be secure despite a press release regarding the new laws exposing hundreds of email addresses when it was sent out to journalists [...]
Yougov polls points to EU election victory for Farage’s Brexit party April 17, 2019 Nigel Farage's newly formed Brexit party is on course to win next month's contentious EU elections after a new poll put them on 27 per cent of the vote. Read more: Brexit party: Nigel Farage launches new pro-Leave political group A Yougov poll for has put Farage's party in the top spot, five points ahead of Labour and [...]
US and UK M&A deals outpace Europe April 17, 2019 Merger and acquisition (M&A) deals in the UK and US are outpacing the rest of Europe, with activity remaining strong despite a global downturn. Deal volumes reduced by 20 per cent in Europe last year, but only dropped by six per cent in the UK and by 11 per cent in the US. Read more: European [...]
UK house prices: Growth hits seven-year low as London house prices plunge amid Brexit uncertainty April 17, 2019 UK house prices grew at their slowest rate in seven years early in 2019 as London house prices plunged, according to data published today. Read more: London house prices: How Brexit has hit prices in your borough UK properties only grew by 0.6 per cent in February compared to the same month last year, the [...]
‘Wake-up call’: Germany downgrades 2019 economic growth forecast to just 0.5 per cent April 17, 2019 The German government today once again slashed growth predictions for its economy, saying it now foresees a GDP increase of just 0.5 per cent in 2019, compared to the 2.1 per cent it predicted a year ago. Read more: Eurozone manufacturing sector contracts with Germany shrinking fastest Economy minister Peter Altmaier said new car emissions [...]
ii winter portfolios extend outperformance in March April 17, 2019 | City Talk There are fewer star performers in this year's Aggressive Winter Portfolio – that was until March when no less than three of the five constituents each gained around 8%. Ignore Mark Twain and Benjamin Disraeli, statistics demonstrate that some stocks do far better during the winter months than others. And the stats are backed up [...]
UK inflation rate holds steady at 1.9 per cent sending Britons’ real wages higher April 17, 2019 The UK’s headline annual inflation rate remained unchanged in March, staying at 1.9 per cent, meaning Britons’ real wages are increasing as pay growth outstrips price rises. Read more: London house price plunge drags down UK-wide growth rate Meanwhile the inflation rate including housing costs and council tax stayed at 1.8 per cent, where it [...]
Brexit to place ‘considerable demands’ on City watchdog the FCA April 17, 2019 Brexit will continue to place “considerable demands” on the City watchdog, it said today as the regulator unveiled its plan for the coming year. The Financial Conduct Authority (FCA) unveiled its business plan for 2019-20 and said Britain’s departure from the EU would continue to dominate its attention. Read more: Government provides £200m for small [...]
Government provides £200m for small firms as Brexit threatens EU funding April 17, 2019 The UK government has handed over £200m to help support smaller businesses in the 2019-20 financial year as the future of European Union funding remains uncertain. Read more: No-deal planning programme extended due to later Brexit date The Treasury announced today that it has made the cash available to the British Business Bank, which provides [...]