FTSE 100 Live: Stocks to fall as Hormuz strikes revive security threat; Asian markets hit by tech sell-off after Apple price hike
I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
UK employment hits record high driven by women finding work April 16, 2019 The number of people in work in Britain hit a record high in the three months to February 2019, driven mainly by more women finding jobs, pushing up wages as firms kept hiring during political impasse in Westminster. Read more: Employment rate jumps to record high Britain’s unemployment rate fell by 0.1 percentage points in [...]
Monetary policy is too crucial to leave in Labour’s meddling hands April 16, 2019 Even by Donald Trump’s standards, it was an extremely Donald Trump thing to do. Last week, the President nominated Herman Cain for a seat on the board of the Federal Reserve, attempting to hand oversight of the world’s largest economy to a maverick gold-standard enthusiast. The nomination appears to be doomed, largely because of the [...]
DEBATE: With the launch of his new Brexit Party, is Nigel Farage back as a serious force in politics? April 16, 2019 With the launch of his new Brexit Party, is Nigel Farage back as a serious force in politics? Lucy Harris, director of Leavers of Britain, says YES. Nigel Farage’s new Brexit Party has come out with an upbeat message and a fresh look – and that’s what many Leave voters are desperately searching for in this [...]
Corbyn is as much a threat to the City as a no-deal Brexit April 16, 2019 The Prime Minister is currently on a walking holiday in Wales, while parliament is on Easter recess. This would be a moment for calm, except that Theresa May’s infamous walking holiday in April 2017 ending in her calling an unexpected General Election. Avid Westminster watchers are nervously wondering whether another snap poll is imminent. While [...]
Citigroup results: Earnings trump expectations but revenue dips April 15, 2019 Citigroup sent mixed messages to Wall Street this afternoon after posting higher-than-expected earnings as well as declining revenues. Read more: Fearless girl statue comes to London Stock Exchange The New York giant’s share buybacks helped it post earnings per share of $1.87, trumping Refinitiv estimates of $1.80 per share and marking an 11 per cent improvement [...]
Countdown to Brexit: three market indicators to watch April 15, 2019 | City Talk With politicians still struggling to agree the terms of withdrawal, investors in assets linked to the UK economy could be in for an uncertain time. UK investments have already underperformed their global peers since Britain voted to leave the EU, in June 2016. For instance, sterling is down 8.4 per cent since the vote and despite [...]
Top Tories give backing to Theresa May until Brexit deal is agreed in parliament April 15, 2019 Top Tories lined up behind the Prime Minister today to say a leadership contest should not be triggered until a Brexit deal is passed through parliament. Foreign secretary Jeremy Hunt, who is seen as a contender for the top job along with his predecessor, Boris Johnson, said talk of a leadership contest was a “sidetrack” [...]
Jeremy Corbyn could hit bank profits as hard as a no-deal Brexit, warns Citi April 15, 2019 The election of Labour leader Jeremy Corbyn as prime minister would have as damaging an effect on UK bank profits as a no-deal Brexit, according to a note from investment bank Citi. Read more: Comrade Corbyn’s statist policies would tank the British economy Labour is edging ahead of the Conservatives in the polls, with the popularity [...]
You can’t blame Brexit for the British car industry’s woes April 15, 2019 Quizzed by Nick Hewer on Honda’s decision to close its Swindon plant earlier this month on BBC radio, I suggested that blaming Brexit for the demise of the Japanese auto makers factory with the loss of 3,500 jobs was not the whole story. Certainly, Brexit plays havoc with the vehicle industry’s sophisticated just-in-time supply chain. [...]
Best 25 stocks in the last tax year April 15, 2019 | City Talk By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]