Why today is a good day for Collateralised Loan Obligations May 19, 2014 Collateralised loan obligation funds, the much maligned corporate debt funds which vanished after the financial crisis, cemented their re-emergence today with the proposed listing of a new fund on London’s stock market – the first CLO fund listed in London since the financial crisis. Fair Oaks Income Fund, the brainchild of former executives from US [...]
UK’s recovery at risk of severe brickie shortage May 12, 2014 Today brings news of one of the more esoteric downsides of the UK's surging recovery – a perilous shortage of bricklayers in the UK. A new study out today by the Construction Products Association shows the growing skills supply shortage driven by the UK’s increase in new house building, which is bouncing back from an [...]
One in four people don’t really care about the abolition of stamp duty on Aim shares April 28, 2014 From today investors who buy shares in junior stock market listed companies – the hundreds listed on London’s alternative investment market (Aim)– who will not have to pay the 0.5 per cent stamp duty or stamp duty reserve tax on the shares, making them cheaper to buy and own. The move was introduced by chancellor [...]
How the FTSE 100 is being undermined by the strong pound April 24, 2014 The mood music for the British economy has been sounding all the right notes this year. But one section of the business community are not tapping their feet – stocks listed on the UK’s top share index the FTSE 100. According to a new note from investment bank Deutsche Bank, business analyst have revised down [...]