Kingfisher makeover fails to impress March 29, 2019 | City Talk The Kingfisher makeover has yet to win over investors, with results from the B&Q owner showing why. There are signs of progress within the Kingfisher (LSE:KGF) transformation plan, but the retail environment remains fiercely competitive and will continue to move on as the company tries to put its own house in order. Unfortunately, any benefits [...]
It’s not about copyright – the EU is trying to destroy the internet March 29, 2019 One of the feistiest debates in the classically liberal community revolves around the concept of property rights, especially in the digital age. I realise that, for many, this may not seem the sexiest topic, but at least this column isn’t about Brexit, so stay with me. Those who broadly share a similar, free-market worldview can take [...]
Best 5 US stocks for an ISA March 28, 2019 | City Talk By Rodney Hobson from interactive investor. Brexit makes investing overseas especially attractive now, argues our commentator, author and columnist. Rodney Hobson is an experienced financial writer and commentator who has held senior editorial positions on publications and websites in the UK and Asia, including Business News Editor on The Times and Editor of Shares magazine. [...]
Invest in Isas like it’s 1999 March 28, 2019 The Individual Savings Account (Isa) is approaching its twentieth birthday, and since its inception it has been hugely popular. In the last tax year alone, 10.8m adult Isas were opened. But despite this popularity, have savers made the most of the opportunity? Big benefits When the Isa launched in 1999, it had an annual allowance of [...]
Tory mayoral hopeful Shaun Bailey pledges ‘aggressive’ action against absentee landlords March 28, 2019 Tory mayoral hopeful Shaun Bailey has said he will crack down on London's empty "ghost homes" if he replaces Sadiq Khan as the capital's mayor. Bailey has pledged to give more money to councils to levy empty dwelling management orders, which give them legal powers to take over unoccupied properties to use as housing. A review by housing [...]
Bellway hikes dividend as revenues jump despite Brexit knock on confidence March 27, 2019 Bellway posted a double-digit rise in revenues this morning, shrugging off fears of Brexit uncertainty as cheap borrowing, high employment and the government’s Help to Buy scheme all provided a boon for the housebuilder over the last six months. In its interim results for the half-year to to 31 January 2019, the FTSE 250 developer posted [...]
DEBATE: The Mueller report has cleared Trump of collusion with Russia – is this the end of his legal worries? March 26, 2019 The Mueller report has cleared Trump of collusion with Russia – is this the end of his legal worries? YES, says Sarah Elliott, chair of Republicans Overseas UK After two years and over $25m of taxpayer funds, the big conspiracy, perpetuated by the Trump-deranged media, that the 45th President was elected because of Russian collusion has [...]
Moss Bros wipes out dividend as it swings to a loss after ‘extremely challenging’ year March 26, 2019 Historic men’s tailoring firm Moss Bros moved into the red this morning, blaming a turbulent trading environment for its first losses in almost a decade. Shares tumbled more than five per cent in early morning trading. Read more: Joules boss Colin Porter to take on role as Moss Bros chairman The figures In its preliminary [...]
Irn-Bru maker AG Barr sees revenues edge up March 26, 2019 Irn-Bru maker AG Barr revealed a modest bump in annual profits and revenues this morning, shrugging off challenges from a new sugar tax and CO2 shortages but forecasting continued uncertainty in the months ahead. The figures In its full-year results this morning, the FTSE 250 soft drinks manufacturer said that revenue grew by 5.6 per [...]
Just Group completes £375m fundraising to meet new regulations March 25, 2019 Retirement services firm Just Group shares fell again this morning as it announced it had completed a £375m fundraise to comply with new capital requirement rules. The firm, which unveiled heavy 2018 pre-tax losses earlier this month, said it had issued £300m worth of bonds and raised an extra £75m via an equity placing. Read [...]