What’s in store for equities in 2019? January 7, 2019 | City Talk There does not appear to be a lot of cheer for markets as 2019 begins. Risk appetite is strained, and havens are bid with some soft data from China and a rare profits warning from Apple combining to spook equity investors. Volatility came back with a vengeance in 2018 as a turn in the US [...]
Brexit, ad fraud and #MeToo – what does the future year hold for the marketing industry? January 7, 2019 We are out of the cold December of 2018, and have now entered the, well, even colder January of 2019. Last year was a momentous one for the marketing industry – there was the fall and rise again of adland stalwart Martin Sorrell; the European Union’s General Data Protection Regulation (GDPR) finally came into force; [...]
In 2019, marketing needs to take a leaf out of its own book January 7, 2019 This year is going to be a pivotal one for the UK whichever way that you look at it. Yes, we have Brexit on the horizon, but even with that aside, 2019 is set to be another massive year of change for the UK. On average, people in this country are now online for 24 [...]
Brexit uncertainty spurs financial services firms to shift £800bn in assets to EU January 7, 2019 Heightened uncertainty over the Brexit negotiations has driven London's financial services companies to move almost £800bn assets to Europe. Firms have continued to commit to move staff and assets away from London to Europe in a bid to protect clients and investors from the impact of leaving the bloc, according to EY. In its latest survey [...]
Forex 2019: Dollar rally to fade? January 7, 2019 | City Talk The course of 2018 saw a firming in the US dollar against just about every other currency. But the factors that contributed to this steady rise may be starting to diminish. The big question facing the FX markets this year is whether the dollar can continue to push higher or whether the softening in December [...]
UK car sales fall for the second year in a row as Brexit uncertainty dampens demand January 7, 2019 UK car sales have fallen for the second year running, according to figures from an industry trade body released today. Dealerships sold 2.37m new cars in 2018, 6.8 per cent fewer than it managed in 2017, and 12 per cent below 2016’s peak of 2.69m, The Society of Motor Manufacturers and Traders (SMMT) said. The [...]
Manufacturers worry post-Brexit border delays could hit their businesses January 7, 2019 More than three quarters of British manufacturers say border delays post-Brexit would be a risk to their business, according to a survey released today. The survey by insurer AIG and manufacturing association EEF showed 76 per cent thought delays at the border posed a risk to their business. “While companies are naturally optimistic by their [...]
Government sets date for Brexit vote as MPs urge May to avoid no-deal departure January 7, 2019 The government is set to hold the delayed parliamentary vote on Prime Minister Theresa May’s Brexit deal on 15 January, it is reported. The original vote was scheduled for 11 December, but was delayed as parliamentary arithmetic made it clear that May’s deal faced a heavy defeat. Now, the BBC reports that the vote is scheduled to [...]
How McCarthy & Stone’s new boss plans to turn around the fortunes of Britain’s largest retirement housebuilder January 7, 2019 As the boss of a FTSE 250 housebuilder which has just passed through a year to forget, John Tonkiss is surprisingly upbeat. For the new chief executive of McCarthy & Stone is a man with a plan, and he thinks it will turn around the fortunes of Britain’s biggest provider of retirement homes. It concerns [...]
Taylor Wimpey results in the City spotlight as market jitters linger January 6, 2019 Housebuilding giant Taylor Wimpey is set to reveal its future outlook later this week against a backdrop of lower activity and growing uncertainty across many parts of the UK’s property market. Traders will be turning their attention towards the blue-chip constituent, which is releasing its full-year trading statement on Wednesday, as City caution looms large [...]