Investing’s first principles and why the discounted cash flow model remains an absolute necessity February 9, 2022 I couldn’t sleep. I knew something was wrong. The numbers just didn’t make sense. For years, pipeline energy analysts seemed to be adjusting their valuation models for pipeline master limited partnership (MLP) stocks in order to explain what was happening to the price. But why? Why adjust the models for one set of companies and [...]
Is Bitcoin’s fighting start to February losing momentum? February 9, 2022 After a strong start to the week, the crypto markets dipped slightly yesterday. The Bitcoin price reached a four-week high of more than $45k on Monday, but it has dropped by about two per cent in the last 24 hours and is currently changing hands at around the $43,500 mark. Can it regain momentum? Over [...]
Pandora sparkles as organic growth exceeds guidance February 9, 2022 Danish jewellery maker Pandora has recorded record revenue in its fourth quarter results, driving its share price up on Wednesday morning. The charm-bracelet manufacturer reported full year organic growth of 23 per cent compared to 2020, exceeding guidance. Its earnings before interest and tax margin grew 25 per cent, also higher than anticipated. Sales were [...]
Windfall tax plans rubbished by economists after oil giant’s losses last year February 9, 2022 Economists and BP's boss rejected calls yesterday for a windfall tax on energy giant announced healthy profits.
UK’s post-Covid small business support programme sees slow take-up February 9, 2022 Rishi Sunak’s post-Covid scheme to boost productivity among small British businesses has seen it reach just a tenth of its target in its first six months. The Help to Grow scheme, launched in August last year, is intended to support 30,000 small and medium sized enterprises (SMEs) by offering business training in areas like marketing [...]
Major disruption on DLR following customer incident February 9, 2022 Hundreds of commuters were affected this morning by a major disruption on the Docklands Light Railway (DLR). According to Transport for London (TfL) services are not running between West India Quays and Mudchute following a customer incident at Heron Quays, while minor delays are affecting the rest of the DLR network. Despite TfL’s reassurances that [...]
Letters: Don’t mask the variant problem February 9, 2022 [RE: Javid calms new variant fears as government announces NHS vaccine U-turn, Feb 1] The new variant is rightly being treated with great caution by the WHO. There is evidence that the sub variant could be more infectious than the earlier strain of Omicron, but it does not appear to lead to more hospitalisations. The recent [...]
Explainer-in-brief: Jacob Rees-Mogg’s promotion is a post-Brexit peace offering February 9, 2022 Jacob Rees-Mogg’s new cabinet role as the minister for Brexit opportunities will be welcome news for Tory Brexiteers and MPs on the party’s right. The appointment of Rees-Mogg, a Thatcherite and Brexiteer, in today’s reshuffle shows that Boris Johnson intends to accelerate the government’s efforts to shed EU regulation post-Brexit. There have been grumblings by [...]
UK summer flight bookings almost close to 2019 levels as Brits look at travelling with optimism February 9, 2022 UK summer flight bookings have gone back to almost pre-pandemic levels, as Brits look at foreign travelling with a newfound optimism despite a series of economic crunches. According to data from travel trend firm ForwardKeys, bookings for the summer of 2022 lagged behind only 16 per cent compared with 2019 levels. While many travellers still [...]
Health minister Gillian Keegan apologises for in-person meeting despite positive Covid-19 result February 9, 2022 Minister Gillian Keegan has apologised for continuing an in-person meeting after testing positive for Covid-19. The minister for care and mental health took to Twitter to publicly apologise and be “upfront” about her “mistake” last night. Keegan had attended a meeting with three fathers who had lost their daughters to suicide, and took a “precautionary” [...]
