The City View: Victoria Scholar on rising prices, unemployment and retail sales data; and XR cause Lloyd’s of London HQ shutdown April 12, 2022 Today Andy Silvester talks to Victoria Scholar, Head of Investment at Interactive Investor. They go through some of the week’s economics data on GDP, unemployment, retail sales, and talk trading updates. They discuss the latest from ASOS, Deliveroo, and EasyJet: ASOS is facing a raft of headwinds, as investors lose confidence in the online retailer; [...]
Top traded stocks within stocks and shares ISAs April 12, 2022 As the new tax year commences, we look at why you should make the most of your ISA allowance within an IG stocks and shares ISA and dig into the most popular shares in IG clients’ stocks and shares ISAs. Utilising your ISA allowance The new tax year is almost upon us and with this [...]
London stocks most favoured by European money managers April 12, 2022 London stocks are the most sought after on the Continent, boosted by the City’s heavy weighting toward “old-economy” shares. European money managers are planning on snapping up UK equities, according to a survey published today by Bank of America. The FTSE 100 is heavily geared toward oil and mining companies, known as “old-economy” shares for [...]
OPEC and EU tensions drive oil prices as China eases pandemic restrictions April 12, 2022 Oil prices rebounded nearly five per cent across both major benchmarks amid growing tensions OPEC and EU tensions.
Stateside inflation roars to highest rate since Christmas 1981 April 12, 2022 Stateside inflation has roared to its steepest level since Christmas 1981 in a sign of darker times to come for UK households, reveals official figures released today. Prices are 8.5 per cent higher than they were a year ago in the US, according to the US Bureau of Labor Statistics. The damning figures strengthen the [...]
Will Bitcoin rally to hit a new ATH of $75k in 2022? April 12, 2022 Crypto AM columnist Nigel Green predicts Bitcoin will hit an all-time high of $75,000 this year.
Find business funding that fits your needs April 12, 2022 It’s a difficult time for small businesses. Government-backed lending schemes are winding down, but interest rates and inflation are climbing. Tens of thousands of businesses need to access to capital faster than ever. Are you one of them? Puzzle Funding is an NACFB-accredited start-up that understands how to sustain and scale a business. Puzzle could fill [...]
35 per cent of Brits admit bulk buying amid war and inflation shortage fears, report claims April 12, 2022 Warnings have been made against claims of stockpiling food after a report claimed 35 per cent have bulk bought items recently. Consumers are reportedly purchasing items in scenes reminiscent of the start of the pandemic, amid concerns about falling production for items such as wheat and oil, impacted by the war in Ukraine. Items such [...]
Cost of living grip tightens as wages trail rampant inflation April 12, 2022 The cost of living crunch is tightening its grip on Britons’ living standards in a further sign that the UK economy is hurtling towards a period of slow growth. Fresh figures published by the Office for National Statistics (ONS) today reveal pay is lagging far behind inflation, meaning households are unable to buy the same [...]
Crypto markets still slipping under pressure from worsening inflation April 12, 2022 The price of Bitcoin has since returned above $40k, but it’s still down around five per cent over the past 24 hours and 15 per cent over the week.