Why consistency matters November 24, 2021 Despite an eventful decade that has proved unsettling for markets, The Henderson Smaller Companies Investment Trust has consistently outperformed its benchmark by looking through the noise and sticking to its tried and tested investment process. In this article, Neil Hermon, Portfolio Manager of the Henderson Smaller Companies Investment Trust, explores moments that have defined the [...]
Willingness to ‘punish’ retailers: Supply chain crisis leaves Brits worse off than Americans and Europeans November 24, 2021 As the Office for Budget Responsibility recently reported that the UK’s supply chain bottlenecks have been exacerbated by Brexit, new data shows this morning that Brits report far worse delivery experiences than consumers in France, Germany, and the US. While the crisis is being presented as ‘global’, UK online consumers report disproportionate affects, with nearly two fifths [...]
Banknote printer De La Rue overcomes loss of UK passport but warns there may be more job cuts November 24, 2021 Banknote printer De La Rue has notched up a jump in half-year profits as cost savings and turnaround plans helped it overcome the loss of its UK passport contract. The group saw pre-tax profits leap to £10.9m in the six months to September 26, up from £2.5m a year ago, as underlying revenues edged 0.9 [...]
Lidl aims for 1,100 UK stores by 2025, creating 4,000 new jobs November 24, 2021 Supermarket Lidl has announced plans to have 1,100 stores across the UK by 2025, creating 4,000 new jobs, after opening 55 stores during the first year of the pandemic. It comes as the grocer published its accounts filed with Companies House for the 12 months to the end of February showing revenues jumped 12 per [...]
Post-Brexit vote of confidence: German real estate giant Coros lands in London as it opens office in Soho November 24, 2021 German real estate company Coros is expanding into the UK as the firm has opened an office on Kingly street in Soho. The firm said it considers London as a gateway to Europe for international investors who are seeking access to Germany and other European markets. In addition to sourcing real estate projects, Coros’ London [...]
Brexit: French fishermen may block British vessels’ access to French ports in action this week November 23, 2021 French fishermen may be planning to block British vessels’ access to French ports, after Britain’s refusal to grant more licences to operate in UK waters. France has accused Britain of not dishing out enough permits to French fishermen as part of a post-Brexit deal. “Action is imminent,” warned Olivier Lepretre, president of the organisation that [...]
Hambro Perks looks to be first out of the gate with £150m London SPAC listing November 23, 2021 VC firm Hambro Perks has today announced it is targeting a listing of up to £150m in London via a special purpose acquisition vehicle (SPAC), in what could make it the first out of the gate since the City watchdog overhauled blank-cheque listing rules. Hambro Perks Acquisition Company – the name of the SPAC – [...]
Over 200,000 people apply to EU settlement scheme after Brexit cutoff November 23, 2021 Thousands of EU citizens are still applying for settled status in the UK long after the government's post-Brexit cutoff date.
Burdensome EU border regime threatens post-Brexit lorry pile up at Port of Dover November 23, 2021 A fresh logistics regime imposed by the EU after Brexit could lead to lorries piling up at the Port of Dover, authorities and MPs warned yesterday. Rules overseeing entry to the bloc’s passport-free Schengen Area would increase the amount of time it takes lorry drivers to pass through Britain into the region. Drivers would have [...]
Downing Street signals it is prepared to tear up Northern Ireland’s Brexit deal November 23, 2021 Downing Street said late last night the UK government is prepared to consider tearing up elements of Northern Ireland’s Brexit deal, despite a Cabinet minister insisting the option would not be used before Christmas. Number 10 said there was no timetable for whether or not it would unilaterally use the powers under Article 16 of [...]