Stocks for a durable ISA portfolio in the Brexit years March 24, 2019 By Edmond Jackson from interactive investor. With the Brexit outcome still uncertain, companies analyst Edmond Jackson picks five larger cap stocks and three AIM shares for a resilient ISA. Be aware how sentiment towards equities hinges currently on whether Brexit is "resolved" by way of "Soft" business-friendly outcome, or the UK leaves the EU without [...]
Battersea power station home buyers to claim refunds due to long delays March 23, 2019 People that purchased flats in the redevelopment of London’s Battersea Power Station will soon be eligible to claim a full refund with works running so far behind schedule. The scheme has been plagued with difficulties and the majority of the 255 apartments listed along the River Thames will not be ready before their “long-stop dates” [...]
Tesla sues former engineer for allegedly passing tech secrets to Chinese rival Xiaopeng March 22, 2019 Tesla has accused a former employee of stealing trade secrets and handing them over to a Chinese rival. Elon Musk’s firm has filed a lawsuit alleging one of its former engineers, Guangazhi Cao, copied the source code for its Autopilot self-driving technology before joining Chinese startup Xiaopeng Motors. Read more: Tesla launches new Model Y [...]
Why properties with less than 80 years left on the lease are suddenly popular with Brexit buyers March 22, 2019 In previous times, the demand for residential property with 80 years or less remaining on the leasehold was generally low. However, current market conditions favour a new breed of savvy buyers, seeking alternate methods of approaching the market who wish to benefit from continued Brexit-related uncertainty. Leasehold property is a depreciating asset, so the less [...]
New homes: Our pick of the new builds going on sale in London this weekend March 22, 2019 New developments on the market this week Royal Docks West, Newham From £685,000 View the last homes at a development in east London where the landscaped gardens are the size of nine tennis courts. A 12th floor show apartment in a 19 storey building has opened up to sell the last of 79 private homes [...]
Debenhams on the verge of sealing £200m funding from lenders March 22, 2019 Debenhams is close to receiving a £200m lifeline from lenders that would prevent the department store falling into the hands of largest shareholder Mike Ashley. A deal finalising its borrowing facilities, which are larger than expected, could be announced as soon as today, according to Sky News. Read more: Levi shares soar as jeans retailer makes stock market [...]
Countdown to Brexit: three market indicators to watch March 22, 2019 The UK is due to leave the European Union (EU) on 29 March 2019. With politicians still struggling to agree the terms of withdrawal, investors in assets linked to the UK economy could be in for an uncertain time. UK investments have already underperformed their global peers since Britain voted to leave the EU, in [...]
Luxury rental property platform The Plum Guide to use £14m fundraise for rapid expansion March 21, 2019 High-end property rental platform The Plum Guide, which aims to eliminate disappointment from holiday bookings, has raised £14m in a Series B funding round led by Talis Capital as it prepares to launch in six more cities. The Plum Guide, which was set up in London in 2015, will be available in Barcelona, Berlin, Copenhagen, [...]
House transactions edge up despite Brexit uncertainty denting Spring bounce March 21, 2019 Signs of growing activity in the UK housing market have emerged this morning, with new figures signalling a potential change in tune among buyers who have so far been holding off on deals in the run-up to Brexit. A modest rise in property transactions last month has industry experts noting that some buyers are choosing not [...]
Profit dips at Shore Capital ahead of its purchase of Stockdale Securities March 21, 2019 Profit dipped at corporate finance firm Shore Capital in 2018, in a year of rocky capital markets. Read more: Shore Capital snaps up Stockdale Securities to create broking powerhouse The figures The Aim-listed business said profit fell 11.1 per cent to £4.1m, which it blamed on increased investments. Revenue increased 3.4 per cent to £43.3m and its [...]