Four stocks for your stocking: Which are the best shares to buy in 2016? December 23, 2015 These shares should bring some festive cheer. Experts reveal their top plays for 2016 and beyond C&C Irish company C&C is a producer of beer, cider and soft drinks. Alex Wright, manager of the Fidelity Special Situations fund, likes C&C for its strong market position, solid plans to expand abroad and the fact the alcohol [...]
Christmas comes early for Uber as burdensome regulations look set to be disregarded December 23, 2015 Uber is expected to receive an early Christmas present today as a raft of burdensome regulations that would have effectively shut the firm down in the capital look set to be disregarded after fierce opposition from business groups and consumers. The final responses to a Transport for London (TfL) consultation on how to better regulate [...]
EU referendum: The City must speak out to avoid a Brexit December 22, 2015 The City of London is a global financial powerhouse and the largest financial centre in Europe. It should be a significant player in the EU debate. However, while the industry is in general supportive of the UK remaining a member of the EU, direct expressions of support have been thin on the ground. City executives [...]
Renault completes Lotus takeover December 21, 2015 French manufacturer Renault will return to the Formula One grid in 2016 after formally completing its takeover of the financially ailing Lotus team yesterday. The car giant completed a share purchase agreement and confirmed that it would settle the debts owed by Lotus to HM Revenue and Customs and other creditors, which in turn signalled [...]
Obamacare and tech help boost Wall St – New York Report December 21, 2015 BOUNCES in Apple and Microsoft yesterday as well as a rally in hospital stocks after more Americans signed up for subsidised health insurance helped US stocks to end stronger. The Dow Jones industrial average rose 0.72 per cent to end at 17,251.48 points and the S&P 500 gained 0.78 per cent to 2,021.16. The Nasdaq [...]
Fintech adoption could double among digitally active consumers in the next year December 21, 2015 Consumers' love of technology is growing at such a pace that their adoption of financial technology (fintech) could double in the space of a year. According to a survey of more than 10,000 digitally active consumers from around the world released today by EY, 16 per cent have used at least two fintech services in the last six months, [...]
Quindell, aka Watchstone Group, resumes trading on Aim – and share price jumps more than 150 per cent December 21, 2015 Like the phoenix rising from the ashes, so shares in Watchstone Group, the company formerly known as Quindell, jumped more than 150 per cent as they resumed trading this morning. At one point shares in the troubled insurance claims processor were up more than 180 per cent, at 197p. Last week, shares in the company were [...]
Build on this… Storm Desmond cost £520m – as insurers shell out £2.6m in emergency payments December 20, 2015 NULL
Storm Desmond cost £520m – as insurers shell out £2.6m in emergency payments December 18, 2015 Almost two weeks after the event, the Association of British Insurers (ABI) has finally put a price tag on the havoc wreaked by Storm Desmond: the flooding is likely to cost insurers £520m, it said today. Thousands were evacuated, with thousands more left without power as Storm Desmond passed through Cumbria and the Scottish borders at the beginning [...]
Robots to take over the world in 2016, and five other crushingly predictable tech forecasts December 18, 2015 Every year the tech glitterati creates “tech predictions”. Once these were far-fetched, futuristic and fantastic. They promised jet cars, space food and handheld communicators. Nowadays, when our smartphones have almost as much computing power as Tim Peake’s new home, they can be a little… repetitive. So. Will those tech predictions everyone’s making come to pass? [...]