The AA share price falls despite the firm appointing Simon Breakwell as chief executive after departure of chairman Bob Mackenzie | City A.M. September 26, 2017 Shares in the AA dropped over eight per cent this morning, despite the firm announcing the appointment of a new permanent chief executive after the tense departure of executive chairman Bob Mackenzie in August. Shares dropped more than eight per cent at the time of writing to 153.80p, as the firm also said today that [...]
Lost for words: The indie bookshop has weathered many storms, from the rise of Amazon to rising rents. But its future has never looked so perilous September 7, 2017 Prospero’s Books stood on Crouch End Broadway for 10 years. I remember it, though not well. The bookshops of my childhood memories are all vaguely similar – they were places where I’d be both happy and bored. To hear locals tell it, there wasn’t any sign that Prospero’s was in trouble. It seemed to plod [...]
Solar, bitcoin, tech, Tesla and tea: seven important investment charts from August September 5, 2017 Each month, writers at Schroders pull together the most intriguing charts of the month. Solar production eclipsed (briefly) The US came to a standstill on 21 August as people looked skyward to witness a remarkable solar eclipse. But as the moon blocked the sun it also temporarily blocked solar energy production. California aims to generate [...]
These six charts caught our attention in July August 2, 2017 Safe as houses In the UK, house price growth began to slow noticeably last year when stamp duty on buy-to-let and second homes increased. The slowdown continued after the announcement that the UK would be leaving the EU. Perhaps surprisingly, London has been hit harder than the rest of the UK. UK growth is sluggish [...]
The global financial crisis 10 years on: six charts that tell the story July 31, 2017 It is hard to believe but it is 10 years since the start of the global financial crisis. Triggered by a collapse in the US housing market it caused the deepest recession in living memory and the near-collapse of the financial system. Banks failed, government institutions were bailed out, stockmarkets crashed and countries had to [...]
The FTSE in 2017: six charts that tell the story so far July 25, 2017 The FTSE 100, 250 and All-Share indices have all made strong gains and reached record highs in the first half of 2017. The strong performance of London-listed shares is somewhat surprising given the backdrop – June’s snap general election arguably left the government in a weaker position going into Brexit negotiations, while household finances are [...]
Emerging market equities: unloved and under-owned June 21, 2017 “Emerging market (EM) equities has a history of headlines — mostly negative — and volatility,” said Devan Kaloo, Head of Global Emerging Markets Equities at Aberdeen Asset Management. Yet there is reason for optimism, Kaloo assured attendees of the 70th CFA Institute Annual Conference, especially for those value investors who dive deeply into the fundamentals, [...]
Uber is expanding its electric car plans in London to tackle air pollution, with more Nissan Leafs and a network of chargers March 28, 2017 Uber is expanding its fleet of electric vehicles in London in a bid to tackle air pollution in the capital. Another 100 Nissan Leafs will join the 50 already on the road since last summer, while the transport startup will create a network of charging points across the city. Initial analysis of the electric car [...]
Mkango and Metalysis team up to develop 3D printed earth magnets to power up electric vehicles in the UK March 20, 2017 Two firms have teamed up to develop 3D printed rare earth magnets, components for electric vehicles, in the UK. Aim-listed Mkango Resources and South Yorkshire-based Metalysis have entered into a memorandum of understanding to jointly research, develop and commercialise rare earth metal alloys for use in 3D printed permanent magnets. Read more: Business Committee launches inquiry [...]
The trends the world’s top firms are cheering March 15, 2017 Corporate fundamentals are now seen to be improving – in all regions and sectors. After three years of deteriorating sentiment, our annual Analyst Survey, encompassing the views of 146 equity and fixed-income analysts, has found there’s much more confidence among the world’s largest companies. Demand growth is back, and we find signs of reflation, rather [...]