Six reasons you should care about share buybacks November 15, 2018 Warren Buffett, the billionaire investor, recently hit the headlines with the announcement that he plans to spend almost $1 billion buying back shares in his investment company, Berkshire Hathaway. This practice has been increasingly common over recent years, with major implications. Buybacks have fundamentally altered the investment landscape over recent years. However, this is not [...]
The Weekly Grill: Mark Lloyd of Notting Hill restaurant Pomona’s on his best ever meal and his gran’s jam collection November 14, 2018 Who are you and what do you do? I am a cook who loves to travel, write, learn the ‘old ways’, forage for wild food and spend as much time outdoors as possible. I’m also the new executive chef at Pomona’s, a neighbourhood restaurant in Notting Hill. Tell us about your new menu It’s all [...]
Move over Facebook and Apple, the next generation of customers has other ideas November 14, 2018 A visit to Rochdale Sixth Form College was a cheering experience last week. This year, 55 per cent of A-levels were at grades A* to B. True, Eton and Winchester do better. But this track record shows that even poor boroughs – and Rochdale is one of the poorest – have the capacity to deliver high-quality [...]
Dare corporates not decentralise? November 13, 2018 How can a highly centralised organisation, in fact the apotheosis of centralisation, such as a top level mainstream global bank, decentralise? In a world where decentralisation is at the core of the next phase of the web and the internet this is a crucial question. The answer would seem to be it can’t. With Sir [...]
Apple loses $50bn in market valuation as fears grow of slowing iPhone sales November 12, 2018 Apple's shares fell five percent tonight after a major supplier cut its financial outlook, leading to fears demand for the iPhone has plateaued. The fall slashed $50bn (£38.9bn) from Apple’s market valuation with shares falling $20.30 to $194.17. The losses mean Apple’s market capitalisation has fallen $190bn since October, more than the entire market value [...]
Amazon to stock iPhones for Christmas after promise to clamp down on fake Apple products November 10, 2018 Parents or partners of Apple fans will be able to turn to Amazon this Christmas to buy the latest iPhone for their loved ones. In the next few weeks, the online retail giant will start selling iPhones and iPads in the US, Europe, Japan and India, expanding its previously limited range of Apple products. However, customers [...]
Apple pledges to repair iPhone and MacBook models with faulty screens and hard drives November 10, 2018 Apple has said it will service some products for free after discovering faults in iPhone X and MacBook Pro models. The company said the touch screen on some iPhone X devices will intermittently not respond to a user’s touch, or even react despite not being touched. The California-based producer said a part in the display [...]
Golden quarter could bring Christmas cheer to struggling British retailers November 9, 2018 Retailers might find seasonal cheer in an early Christmas present as experts predict a strong final quarter to the year. Sales in the sector are expected to tick up by two per cent year-on-year, according to analytics company Global Data. The increase will be driven by food and groceries, which are expected to grow 2.5 [...]
iPhone XR review: Apple’s ‘affordable’ handset is the best pound-for-pound phone on the market right now November 7, 2018 Last month Apple released the best phone money can buy, the iPhone XS, which also happens to be a phone that costs more than any other. Prices start at an overdraft-worrying £999 for the 64GB XS and go up to a nosebleed-inducing £1,449 for the 512GB XS Max. In a tacit acknowledgement that a grand [...]
Shocktober: Seven charts that tell the story of the stock market’s worst month in six years November 6, 2018 World stock markets fell 7.4 per cent in October as investors fretted about issues such as US-China trade tensions, European political uncertainty and the end of quantitative easing. The sell-off made it the worst monthly performance for stocks globally in the last six years and it’s the tenth worst in the last decade, as measured by the [...]