Eurozone inflation beats expectations in April May 3, 2019 Eurozone inflation beat expectations last month, which will offer mild relief for the European Central Bank (ECB). Inflation rose from 1.4 per cent in March to 1.7 per cent in April, beating forecasts for 1.6 per cent, according to Eurostat. Read more: Euro rises as Eurozone economy shows stronger-than-expected growth However, despite the solid April [...]
Juan Guaido urges public and military to join Venezuela uprising against President Maduro April 30, 2019 Venezuela's opposition leader Juan Guaido today called for a military uprising to begin the "final phase of operation freedom" to end the reign of the country's veteran leader President Nicholas Maduro. Read more: See Venezuelan crisis first hand, Colombian envoy urges Maduro's UK backers Guaido, who leads Venezuela's national assembly and has been recognised as President [...]
Greene King shares fall despite sales growth during bumper Easter April 30, 2019 Pub chain Greene King is set to post moderate sales growth for the full year after its strong Christmas trading carried over into the Easter period. The pub operator and brewer said it expects like-for-like sales growth of 2.9 per cent in the 52 weeks to 28 April, ahead of market expectations. Read more: Brewer [...]
US inflation cools in March, adding to pressures on Federal Reserve April 29, 2019 The US inflation rate fell in March, the latest official figures have revealed, in a development that will keep the pressure on the Federal Reserve to hold back from raising interest rates. Read more: Analysts expect outward looking Fed to keep rates on hold The core annual inflation rate fell to 1.6 per cent in [...]
UK inflation rate holds steady at 1.9 per cent sending Britons’ real wages higher April 17, 2019 The UK’s headline annual inflation rate remained unchanged in March, staying at 1.9 per cent, meaning Britons’ real wages are increasing as pay growth outstrips price rises. Read more: London house price plunge drags down UK-wide growth rate Meanwhile the inflation rate including housing costs and council tax stayed at 1.8 per cent, where it [...]
Let’s take the lead on ethical marketing April 16, 2019 When the Initial Coin Offering (ICO) hype hit fever pitch in 2017 projects were selling hopes and dreams as they if they were just around the corner, and this ‘blockchain’ thing was about to change our lives forever. It changed many people’s lives for the better, and made a lot of millionaires – but not [...]
Death of the High Street? Why we’re still backing UK retail April 9, 2019 Following some dire headlines you might rightly wonder why the share prices of UK retailers have recorded double-digit gains this year (see graphic, below). Surely the relentlessly downbeat mood music from the mainstream media (and pessimism among analysts) is confirmation that the UK consumer is in full retreat, and consumer-exposed sectors are in deep trouble? [...]
UK inflation expectations remain at five-year high April 8, 2019 The British public’s expectations of inflation for 2019 stayed at their highest level in five years, new Bank of England data revealed today. Read more: Inflation edges up from two-year low as food and alcohol prices rise Britons expect the inflation rate – the speed at which prices increase over time – to be at 3.2 per [...]
Six tips to protect your portfolio during a market downturn April 3, 2019 When equity markets took a turn for the worse towards the end of last year, the onslaught of predictions about the end of the 10-year bull run came flooding in. With the markets creeping upwards since the start of 2019, it now seems that expectations of a bear market were premature. Even experienced fund managers [...]
Food prices increased at their fastest rate since 2013 in March April 3, 2019 The weekly supermarket shop hit bank accounts a little harder last month as food prices rose at their sharpest rate in five years in March. Food inflation accelerated last month to 2.5 per cent, up from 1.6 per cent in February. This is the highest inflation rate November 2013. The data out today from the [...]