Investors remain concerned over lack of communication and potential losses Evergrande has missed paying a bond interest payment again according to two bondholders. It is the second time the property developer has missed its offshore debt obligations in seven days. However, the firm did make a partial payment to some of its onshore investors. The […]

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Over the past 18 months, as many as 11.6m jobs have at some point been on furlough. Figures from HMRC revealed that at the end of July 1.6m people were still on furlough. As of 19 September, the Jobs Recovery Tracker showed there were 1.9m active job adverts in the UK. Danni Hewson, AJ Bell […]

The post What will the end of furlough mean for the UK job market? appeared first on UK Investor Magazine.

Major UK car brands no longer in favour in foreign markets Demand from abroad for cars made in the UK has plummeted as output fell over recent weeks. Despite lockdowns coming to an end, just over 1,000 cars are being made per day in the UK. Recently average annual volumes were as high as 4,500 […]

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The largest ESG ETF, BlackRock’s $22.5bn iShares ESG Aware (ESGU) product, is making progress on its thematic label. However, its inflows may be stronger than its ESG practices, according to Bloomberg Intelligence (BI). Inconsistencies in stock selection and sector allocation are becoming more important as regulators scrutinize ESG funds more closely. There seem to be […]

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There is a decent showing across European equities including a 0.6% gain in the FTSE 100 to 7,148. “That’s quite surprising given how a cocktail of issues have been clouding the market in recent sessions, namely rising bond yields making tech stocks less attractive, ongoing supply chain issues, the spike in energy prices and broader […]

The post FTSE 100 defies economic woes appeared first on UK Investor Magazine.

GBP now flat for the year versus US dollar The pound has fallen to its lowest point against the dollar in 2021 amid fears that the UK could see high inflation and lower growth. Despite an early interest rate rise being anticipated, the pound is beginning to “behave like an emergency market currency” said a […]

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Bank of England cuts forecast for GDP on labour shortages The UK economy recovered quicker than expected through April and June as Brits splashed the cash after they were released from lockdowns. The Office for National Statistics said that GDP rose by 5.5% in Q2 after initial forecasts suggested it would come in at 4.8%. […]

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Boohoo share price dives in early morning trading Boohoo, the online fashion retailer, confirmed that it has doubled its market share in the UK and US since the beginning of the pandemic, although its profits dived despite robust investment. Sales jumped by 20% to £975.9m over six months up to the end of August year-on-year, […]

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Furlough scheme, VAT holiday Universal Credit uplift and stamp duty holiday all come to an end October looks set to be a decisive month for the finances of Brits as household costs rise while the Government is set to cut its support for households. The furlough scheme, the VAT holiday, the Universal Credit uplift and […]

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Analyst expects gradual rather than sharp slow down in housing market Mortgage approvals in the UK slowed down for the third consecutive month in August as the market continues to cool on the back of a surge during the pandemic. Mortgage providers approved 74,453 home loans, down from 75,100 in July. The drop comes after […]

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With advancements in technology, investing is being democratised like never before. However, with more power comes more responsibility for founders and investors. Founders and investors are still humans who are susceptible to making costly mistakes. “We see thousands of Enterprise Investment Scheme qualifying investment opportunities each year,” Andrew Aldridge, Partner at Deepbridge Capital. “We screen […]

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The FTSE 100 was off to a solid start on Wednesday morning, up by 0.72% at the time of writing at 7,078.80. “If investing is often about climbing a wall of worry, then market participants arguably face the equivalent of the Matterhorn right now but on Wednesday investors seemed to be undaunted,” says AJ Bell […]

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Next also warned against stock levels due to supply chain issues Next has raised its forecast again, as the retail outlet thinks its fill-year profit could reach its highest point since 2016, having seen its trading levels “materially exceed expectations” during H1. The clothes seller anticipates its profit before tax for 2021 will rise to […]

The post Next increases full-year outlook as profits surge to £347m appeared first on UK Investor Magazine.

Mastercard joins competitors Monzo and Revolut Mastercard is set to implement the “buy now, pay later” feature on its cards as it becomes the biggest player to now do so. The service will allow people to pay via interest-free instalments, across the UK, US and Australia. Mastercard’s move is only the latest as a number […]

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Projects located in Australia and Zambia Castillo Copper (LON:CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, announced on Wednesday that it has entered into a 90-day option agreement to acquire – subject to due successful due diligence – two granted, highly prospective lithium projects. The Litchfield and Picasso Lithium Projects […]

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Research carried out by LandlordBuyers.com shows that rental prices in the UK have risen by 10.6% since 2015. UK house prices are rising and there is a record-breaking number of aspiring homeownersregistering with estate agencies, as the rental market also remains busy as ever. Private rental prices in the UK rose by 1.2% in the […]

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Molde’s Bitcoin under management grew by 327% Mode Global Holdings (LON:MODE), the fintech company, on Tuesday confirmed its unaudited results for the six months ended 30 June 2021. Mode leverages Bitcoin and Open Banking to deliver on its mission, offering people a one-stopapp for growing wealth and spending smarter, as well as providing businesses with […]

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The investment in Outfield Technologies is part of a £576,000 round that also includes Cambridge Agritech and Amadeus. Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced its 12th deal for the Low Carbon Innovation Fund 2 (LCIF2). Outfield provides a yield measurement and orchard management system for high value fruit […]

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The FTSE 100 is down by 0.37% on Tuesday to 7,039 as the price of oil soared. “Brent Crude smashed through the $80 per barrel level as the energy crisis worsened. While energy shortages are likely to have a negative impact on economic growth, strength in the oil price was good news for Royal Dutch […]

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Card Factory optimistic heading into Christmas period despite supply issues Despite seeing growth in its revenue levels in H1, Card Factory ended up making a loss. EBITDA grew by 202.6%, climbing as high as £23.6m in the first six months. Revenue surged by 16.3% compared to the year before, getting to £116.9m. However, despite positive […]

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Move follows a breach of franchise agreement The UK Government is set to take control of Southeastern rail services. The news comes after a “serious breach” of its franchise agreement according to Grant Shapps, the transport secretary. After finding evidence that £25m of taxpayer funding had not been declared, Shapps ordered the company to be […]

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Trident Royalties provides update on transactions completed Trident Royalties on Monday confirmed a loss of $930,000 for the half-year ending in June 2021. It came in above last year’s loss of $550,000, which was down to a slowdown in activity on the Trident tenement at Koolyanobbing. Over the six-month period the firm completed on three […]

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The US bipartisan Infrastructure Investment and Jobs Act was first introduced in the summer and swiftly passed. It includes around $550bn in new federal investment in America’s roads and bridges, water infrastructure, resilience, internet, and more. It is intended ‘to grow the economy, enhance US competitiveness, create good jobs, and make the US more sustainable, […]

The post US bipartisan Infrastructure bill only the first step says fund adviser appeared first on UK Investor Magazine.

JD Sports has been considering venturing into other industries for some time JD Sports is all set to move into the beauty industry having acquired a stake in Hairburst, an online beauty brand. Hairburst, which sells vitamins, shampoos and styling products, has 45 staff and 1.5m followers across social media was founded in 2014. The […]

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Rolls-Royce deal could earn $2.6bn for firm Rolls-Royce confirmed on Monday that it was chosen to provide engines for the US Air Force B-52 Stratofortress bombers. The deal could be worth as much as $2.6bn for the British engineering company. The F-130 engines will be made at Rolls-Royce’s Indianapolis, Indiana facility. They were selected as […]

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The FTSE 100 advanced 0.5% to 7,087, with oil producers and banks leading the way. European stocks did their best to press ahead, but Asia was more volatile. “There were plenty of factors to trouble investors as the new trading week kicked off, yet there certainly isn’t panic in the air,” saysRuss Mould, investment director […]

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Bushveld’s cash or cash equivalents at $31.6m at end of June Bushveld Minerals (AIM:BMN) made $47m over the six months to June 2021, as its revenue rose by 9% compared to the same period a year prior. Despite overall sales being lower, the average realised price of vanadium was up. Bushveld produced 1,574 metric tonnes […]

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Coming months generally the busiest time of the year for electronic goods At factories in China, suppliers of Apple and Tesla have halted production in order to abide by the country’s energy consumption policies. The news means supply chains will be interrupted ahead of what is generally the busiest time of the year for electronics […]

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Bitcoin down by over $3,000 since news broke China’s central bank confirmed on Friday that all cryptocurrency transactions are now illegal, including Bitcoin. “Virtual currency-related business activities are illegal financial activities,” the People’s Bank of China said, adding that it “seriously endangers the safety of people’s assets”. At present, China is one of the largest […]

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In August Argo mined a total of 206 Bitcoins Argo Blockchain, the only Bitcoin miner listed in the UK, confirmed it has raised $112.5m in a US share sale. The firm is selling 7.5m American depositary shares, which is equal to 10 of its UK shares. Argo confirmed in a statement that its US shares […]

The post Argo Blockchain share price dips on news of Nasdaq floatation appeared first on UK Investor Magazine.

Tortilla will also open up delivery-only kitchens Tortilla, the Mexican food chain, is set to list on the AIM market in London. In addition, it has confirmed plans to expand by adding 45 new restaurants over the next five years. Currently the fast food company has 62 restaurants, of which 50 are in the UK. […]

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The FTSE 100 is down by 0.36% on Friday morning to 7,053 points with healthcare being the only sector in fashion, thanks to positive news on a cancer drug from AstraZeneca. Miners were weak as investors started worrying about the potential fall-out should Evergrande go bust. Commodities demand could tumble if the Chinese property market […]

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Protestors are same group which disrupted M25 last week Protestors from Insulate Britain have blocked the Port of Dover, Europe’s busiest ferry port, in an effort to get their message across about their environmental concerns. It is the same group that caused various issues on the M25 over the past two weeks, where they were […]

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One possibility is relaxing immigration rules Pressure is growing on the UK government to do something about the lack of lorry drivers which is causing disruption to supply chinas, including fuel, across the UK. One proposal for ministers is to ease immigration rules. This emergency measure could help provide some of the 100,000 drivers needed […]

The post UK pledges to deal with HGV driver shortages amid fuel and supply chain issues appeared first on UK Investor Magazine.

Peel Hunt valued at £280m Peel Hunt, the London-based broker, confirmed it has raised £112m ahead of its debut on the AIM market. Of the money raised, £40m will be invested back into the business in order to aid its continued growth. The rest will be kept by shareholders who are selling, seemingly to deal […]

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The Chinese government is yet to comment Evergrande, the second-largest property developer in China, has moved closer to the possibility of defaulting on Friday as it failed to meet a payment deadline. This signals that the company is in a deeply troubling situation and investors are now fearful. Evergrande owes more than $300bn and appears […]

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Gold historically a safe haven in times of inflation and uncertainty Gold dipped on Thursday as the Fed gave an indication it could rise interest rates, while positive news emerged regarding Evergrande in China. Spot gold is down to $1,751.03 at the time of writing, as are US gold futures. The dollar is down by […]

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Tesco struggling to hire HGV drivers despite improving pay Tesco has issued a warning to the government, suggesting that there could be shortages across the country leading to empty shelves as a result of a shortage in HGV drivers. “Our concern is that the pictures of empty shelves will get 10 times worse by Christmas […]

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Food prices concerning for consumers, investors and central bankers There is an air of concern both on the part of consumers, investors and central banks about the possibility of oncoming inflation and supply chain issues. The Bank of England on Thursday suggested it is worried about the prospect of additional inflation, predicted that prices will […]

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BoE says inflation could climb above 4% in coming months The Bank of England has suggested it is worried about the prospect of additional inflation. The UK central bank today predicted that prices will climb above 4% over the coming months, but added that increased rates are not yet a priority as they would come […]

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Life expectancy at birth fell bit different rates across the regions of the UK Average life expectancy at birth dropped by 7.8 weeks in England and 11 weeks in Scotland between 2018 and 2020, according to data from the Office for National Statistics (ONS). The pandemic appears to be the reason for the sharp fall, […]

The post What does falling life expectancy rates mean for state pensions? appeared first on UK Investor Magazine.

Royal Mail “still needs to work hard at improving operations” says analyst Many businesses benefitted during lockdowns as people were forced to change their habits due to being at home. While airlines struggled, many spent their disposable income on renovating their homes, as they were now spending more time there. One such company is Royal […]

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The FTSE 100 is up by 0.45% on Thursday, climbing to 7,115 points at the time of writing as it builds on its recent form. “The FTSE 100 consolidated its recent gains on Thursday after a meeting of the US Federal Reserve overnight which ultimately revealed few surprises,” says AJ Bell investment director Russ Mould. […]

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CVS share price jumps on results announcement CVS released its full-year results on Thursday and appears to be on a good trajectory. The group saw its revenue increase by 19.2% to £510.1m, as like-for-like sales increased by 17.4%. The numbers are a result of “favourable market dynamics”, the company said, which includes pet ownership in […]

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DFS says revenue up 9.7% to £1.06bn DFS reported that its full-year sales and profits increases as people in Britain upgraded their homes throughout the pandemic. The seller of sofas added that orders have held steady throughout the current financial year. Despite coming up against issues such as supply chain disruptions, DFS expects to meet […]

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Everyman admissions at pre-pandemic levels Everyman Media Group confirmed that its loss before tax for H1 of 2022 narrowed on lower costs, which means it is now in a strong position to grow. The London-listed cinema company said it has seen a strong recovery in admissions having fully reopened towards the end of July. They […]

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Robinhood Share Price The Robinhood share price is up by 6.46% over the past five days as news emerged that the company is testing its own version of a crypto wallet. The move raises some questions over how the Nasdaq-listed company will fare by its move into the crypto space. While the app already allows […]

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Antofagasta Share Price The Antofagasta share price is up by 4.85% on Wednesday as the mining giant enjoyed a bounce back from recent woes on the stock market. Over recent weeks the FTSE 100 company saw its share price dip along with the price of copper and other commodities. The miner saw a resurgence today […]

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UK could now seek alternative arrangement Britain’s hopes of a post-Brexit trade agreement with America seem to have disappeared after news emerged that Joe Biden and Boris Johnson held talks on the matter. It is an issue which has been highlighted as a key selling-point of Brexit by Johnson, as it would have represented Britain’s […]

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The FTSE 100 was up 0.9% to 7,042 and China’s SSE index jumped back to life after markets were closed for a few days’ holiday. The SSE advanced 0.4%. “A lot can change in a week on the markets,” says Russ Mould, investment director at AJ Bell. “Having seen some very bad days for equities […]

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BT Sport jumps on the news The BT share price rose on Tuesday after news emerged that DAZN, the sports streaming service, had made a bid for the telecommunications company’s sports channels. DAZN has entered advanced talks to buy BT Sports in a deal that could be confirmed in the coming weeks, leading the BT […]

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Uber share price closed 11.49% higher yesterday Uber is set to embark on a profitable quarter for the first time ever, on an adjusted basis, after over ten years of going through its billions of dollars cash piles. The ride-hailing firm has seen its stock fall by nearly 40% since it reached an all-time-high in […]

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New larger company would have a market cap of £2bn The share prices of both National Express and Stagecoach jumped up yesterday as investors got behind a possible merger between the two. It followed National Express and Stagecoach confirming yesterday that they were holding talks. As part of the deal, Stagecoach shareholders would own around […]

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Boeing Share Price The Boeing share price has been struggled over the past six months as the airplane manufacturer has struggled due to its own issues and the uncertainty surrounding the airline industry. Over the past six months, the company’s share price is down by 19.57%. Boeing has previously stated that the pandemic cost the […]

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UK government borrowing higher than expected The UK government had to borrow more than anticipated last month as rising inflation caused debt interest payments to increase. The Office for National Statistics confirmed that the government’s budget deficit fell to £20.5bn in August from £26bn compared to the same month a year before, as the UK’s […]

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JP Morgan Chase bank will expand into Europe and across the world if successful JP Morgan Chase is set to launch a new digital bank as it seeks to become one of the largest lenders in the UK. The ‘Chase’ bank will offer current accounts, in addition to savings, loans and other new products. Sanoke […]

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The FTSE 100 staged a mini-resurgence on Tuesday morning, climbing by just over 1%, but not quite back above the 7,000 mark. “Bargain hunters appeared to be out in force on Tuesday as the FTSE 100 bounced back from a torrid start to the week,” says AJ Bell investment director Russ Mould. “The miners, scarred […]

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Kingfisher has been a winner from the coronavirus crisis Kingfisher, the DIY chain, has raised its interim dividend by nearly 40% and is set to buy back £300m of its shares as its profits rose throughout the pandemic. The British company has been successful on the back of the coronavirus crisis as the lockdowns, in […]

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Shell produces 175,000 bpd in the region Shell has vowed to return over £5bn to its shareholders having sold out of one of the biggest oil fields in America. The FTSE 100 oil giant agreed to offload its operations in the Permian Basin to ConocoPhillips for $9.5bn. The move comes after Shell has deliberated over […]

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The announcement will bring 18 months of travel restrictions to an end Passengers who have received the vaccine will be allowed to travel to America from the UK and the EU from November, Biden is set to confirm on Monday. Travellers from foreign countries will need to prove they have been vaccinated before boarding, in […]

The post IAG share price jumps as US set to allow vaccinated passengers in from UK and EU appeared first on UK Investor Magazine.

Royal Mail says EVs will be trialled in cities across the UK Royal Mail has begun trials of its new micro electric vehicles as it steps up its efforts to reduce its emissions. Two purpose-built vehicles will by trialled for the next six months delivering letters and small parcels in Crewe, Edinburgh Liverpool, London and […]

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BP’s balancing act between moving away from the oil industry and securing its long-term future is an area UK Investor Magazine has covered for a long time. This has included analysing the various angles from which pressure is building on BP, from investors to regulators, to divest away from fossil fuels and into clean energy. […]

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There are now over 105 unicorns in the UK The UK tech sector is set for another year of record investment in 2021. Following an influx of £13.5bn worth of venture capital during the first half of the year, the UK now has 105 ‘unicorns’, otherwise known as a business valued at over $1bn. Out […]

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The FTSE 100 started this week in the same way it ended the last one one as the index drops firmly below 7,000 to its lowest level since July. The UK index is down by 1.27% on Monday morning, dragged down by the mining sector. “There’s plenty for the market to fret about and those […]

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SSE to release results in November SSE, the utility company, has confirmed it has not reached a decision to break up despite pressure from activist hedge fund Elliott Management. “Following recent reshaping of the group, SSE’s clear strategic focus is on renewables and regulated electricity networks, supported by carefully chosen businesses,” SSE said. “The board […]

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Regulators warn of the risks to the nation’s wider financial system The Evergrande share price has dived by nearly 20% on Monday, reaching its lowest point in over 11 years. Investors are increasingly showing concern over the businesses’ future prospects as the deadline of its debt obligations fast approaches. At midday, shares in Evergrande were […]

The post Evergrande share prices drops to 11-year low as risk of default nears appeared first on UK Investor Magazine.

Lloyds Share Price Heading into June the Lloyds share price (LON:LLOY) was in a good place, approaching its level from before the pandemic. However, having reached a high of 50p per share, it is come down over recent weeks, and now sits at 44.9p, with its future outlook looking uncertain. It is a far cry […]

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Glencore Share Price The Glencore share price has performed outstandingly well over the past year, adding 80.43% in that time period. It is even separated itself from other miners in the FTSE 100 with the size of its gains. The mining giant has pledged to making a generous payouts while its new CEO is putting […]

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Young investors drawn to ‘businesses of the future’ Tesla is a unique company, not only from an innovation perspective, but because of its ability to attract non-traditional investors. On of the key reasons for this phenomenon is the personality of its CEO Elon MusK. That is the view of Peter Garnry, Head of Equity Strategy […]

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Airline stocks react positively to the news Updates to international travel rules are expected to be announced by the UK government later on Friday. It has been reported that ministers are considering getting ride of the necessity for those who have received two jobs take PCR tests when they return home. There are also rumours […]

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The FTSE 100 added 0.38% on Friday, rising 7,055, as economic news came in from all angles. “Steadying Asian markets and a potential easing of UK travel restrictions provided the backdrop for some decent gains for the FTSE 100 on Friday,” says AJ Bell investment director Russ Mould. “Navigating the UK’s traffic light system has […]

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Supply chain issues remain a concern for the sector UK retail sales fell by 0.9% in August as shoppers decided to spend more on eating out than in certain stores. The Office for National Statistics revealed the fall in retail sales when compared to July, the month before. Food store sales saw 1.2% fall, as […]

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Oriole Resources share price falls sharply on announcement Oriole Resources (LON:ORR) on Friday provided an update on its Senala project in Senegal, confirming that joint venture partner IAMGOLD Corporation has the option to spend up to $8m to earn a 70% interest. IAMGOLD is currently in Year 4 of that earn-in and has this year […]

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John Lewis Partnership posts pre-tax loss of £29m Robust online sales and reduced Covid-related costs allowed John Lewis Partnership to reduce its losses, although it remains in the red after taking on £100m of costs by closing its stores and letting go of thousands of staff. The partnership, which includes Waitrose, posted a pre-tax loss […]

The post John Lewis outlook remains uncertain heading into winter appeared first on UK Investor Magazine.

Rolls-Royce Share Price The Rolls-Royce share price is up by 4.27% on Thursday as the engineering company confirmed it will attempt to set a world record of 300mph later this year with its first all-electric plane. The move comes on the back of a rocky spell for the FTSE 100 company in recent weeks and […]

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Co-op pre-tax profit down by 38% Co-op has reached an agreement with Amazon to begin robot deliveries as part of a plan to increase its online sales to £200m before the end of 2021. The UK supermarket company confirmed the deal with the US tech giant that will allow Prime customers to purchase food from […]

The post Co-op pens Amazon deal but bemoans HGV driver shortage in UK appeared first on UK Investor Magazine.

Hospitality mentioned by the ONS as the industry facing the biggest challenges Labour shortages have been difficult for businesses seeking to regain momentum on the back of lockdowns and the trend could be set to continue. According to the latest ONS vacancy survey, 41% of businesses struggled to recruit in late August. A lack of […]

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Hedge funds have closed 770 deals so far in 2021 Hedge funds made $153bn worth of investments into private companies in the first six months of 2021, highlighting the extent to which they are now investing in private companies. Goldman Sachs issued a report that showed that hedge funds have closed 770 deals so far […]

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The FTSE 100 added 0.54% on Thursday morning, bringing the index to 7,054. “The FTSE 100 started on the front foot on Thursday as investors faced competing catalysts from East and West,” says AJ Bell investment director Russ Mould. “Some decent corporate news and an upbeat report from the US manufacturing sector outweighed continuing worries […]

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Artisanal Spirits listed on AIM market in June The Artisanal Spirits Company (LON:ART), the owner of The Scotch Malt Whisky Society (“SMWS”) and other spirits for sale primarily online to a discerning global membership, confirmed its H1 results on Thursday. The group’s revenue increased 20% to £7.9m, slightly ahead of management’s expectations. Strong international sales […]

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Greatland Gold to expand footprint in the Paterson province Greatland Gold (LON:GGP) confirmed on Thursday that it has entered into an agreement with Province Resources Limited to acquire the 100% owned Pascalle tenement. The 100% owned Taunton tenement and two tenement applications will be purchased for exploration licenses in the Paterson Province of Western Australia […]

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Ryanair has increased its previous target by 25m Ryanair confirmed on Thursday that it is expecting to fly 225m passengers each year by March 2026. The announcement marks an increase of 25m on its previous target. Ahead of the company’s AGM today, Ryanair is expecting to see traffic growth of 50%, compared to levels seen […]

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UK electricity prices are now the most expensive in Europe A fire at Britain’s main electricity subsea cable with France has impacted imports to the UK, causing an upwards surge in prices when supply issues have already brought about record highs. National Grid, whose share price is down by 0.73% on Wednesday, confirmed that the […]

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Investors often ‘buy the rumour sell the fact’ when it comes to Apple shares The Apple share price was subdued in response to CEO Tim Cook‘s launch of the iPhone 13, as well as updated versions of its watch and iPad. The Apple share price even closed down by 0.96% yesterday after Cook divulged some […]

The post Market’s subdued response to iPhone 13 launch is no surprise appeared first on UK Investor Magazine.

Over 2,000 businesses created each day between April and June More British businesses were set up between April and June than any Q2 in history, research has revealed. From the beginning of April to the end of June this year, 190,639 firms were incorporated at Companies House, according to a study by tax app Ember. […]

The post UK sees business creation at record levels in Q2 appeared first on UK Investor Magazine.

The £11m campaign by the FCA will cut the number investing in high-risk assets The FCA has set out a plan for 2021/22 to allow consumers to make “effective investment decisions”. “We want to see a consumer investment market in which consumers can invest with confidence, understanding the risks they are taking and the regulatory […]

The post FCA seeking to encourage £17bn of consumer investments appeared first on UK Investor Magazine.

The FTSE 100 barely flinched on Wednesday, adding a mere 0.068%, despite headline-grabbing inflation numbers. “Surging UK inflation figures and more volatility in Asian shares didn’t upset the apple cart too much on Wednesday morning as the FTSE 100 started more or less flat,” says AJ Bell investment director Russ Mould. However, there are still […]

The post FTSE 100 flat despite surging UK inflation appeared first on UK Investor Magazine.

Darktrace says cyber attacks drive consumer demand Darktrace (LON:DARK) has increased its forecasts for the financial year as its user base and revenue levels continue to grow. The cybersecurity firm confirmed robust sales coming out of the financial period before, including a strong performance in June, as the company was operating close to the upper […]

The post Darktrace raises forecast as share price soars appeared first on UK Investor Magazine.

The Restaurant Group’s trade was severely disrupted by lockdowns earlier in the year The Restaurant Group has reported underwhelming results for H1, recording a statutory pre-tax loss of £58.8m. The owner of Wagamama saw its sales fall by 4.5% to £216.8m when compared to the same time period in 2020. The Restaurant Group saw a […]

The post Restaurant Groups reports underwhelming results appeared first on UK Investor Magazine.

The rate has well exceeded the Bank of England’s target of 2% Inflation increased to 3.2% in August, up from 2% in July, in what is the highest ever recorded increase according to the Office for National Statistics (ONS). The consumer prices index (CPI) measure for last month was the highest it’s been since March […]

The post Inflation sees record jump in August appeared first on UK Investor Magazine.

CPI is up by 5.3% in August year-on-year Consumer prices in the US rose at a slightly slower pace in August, as growing concerns over inflation remain on the agenda. The consumer price index (CPI) is up by 5.3% in August year-on-year, the Bureau of Labor Statistics revealed. The figure falls slightly below previous levels […]

The post Pace of US inflation slows in August appeared first on UK Investor Magazine.

Clayton Dubilier & Rice (CD&R), the private equity firm that has agreed to takeover Morrisons for £7bn has reached a deal with the supermarket’s pension trustees. Amid intense competition between CD&R and rival Fortress, the private equity company confirmed it has agreed a comprehensive package of measures to support the UK supermarket’s pension schemes, on […]

The post Morrisons pension trustees reach agreement with CD&R appeared first on UK Investor Magazine.

EU introduced import checks immediately after Brexit The UK confirmed on Tuesday that it will delay post-Brexit controls on imports due to pressures caused by the pandemic and global supply chain issues. It is now the second time that import controls have been pushed back. Having left the EU single market at the end of […]

The post Post-Brexit controls on imports to be delayed amid pandemic and supply chain issues appeared first on UK Investor Magazine.

The FTSE 100 fell 0.3% to 7,046 on Tuesday morning and “metals and minerals are principally to blame”, says AJ Bell investment director Russ Mould. It was “in part caused by concerns about Covid spreading across Asia again and how that might affect commodities demand. That worry was also behind share price weakness in luxury […]

The post Mining companies drag on FTSE 100 appeared first on UK Investor Magazine.

Furlough scheme to end this month UK employers added a record 241,000 staff in August, bringing the total level of patrolled employees to just above pre-pandemic levels, data revealed on Tuesday. The figures show a continued improvement in the UK job market as the government plans to bring the furlough scheme to a close at […]

The post UK job vacancies at record high appeared first on UK Investor Magazine.

Ocado hit by worker shortages and fire at one of its factories Ocado will allocate up to £5m extra on pay increases, recruitment and signing-on bonuses for HGV drivers. The online supermarket has placed a renewed importance on the issue which has come about due to Brexit and the Covid-19 pandemic. The firm also confirmed […]

The post Ocado to splash on pay rises and bonuses for HGV drivers amid shortages appeared first on UK Investor Magazine.

JD Sports said its profit before tax increased to £439.5m for the six months ended July 31 JD Sports has on Tuesday confirmed its earnings for H1 as demand for sportswear slowed down as lockdowns eased. The UK sportswear brand has not paid out a dividend this time around, suggesting that it will offer a […]

The post JD Sports continues to benefit from pandemic as demand remains strong appeared first on UK Investor Magazine.

Shell Share Price The Shell share price (LON:RDSA) has seen some strong action since the middle section of July. At 1,417.60p per share, it is up by 8.86% year-to-date. While oil prices are strong, the spectre of the company’s carbon emissions will not go away, which creates difficulty in assessing the oil giant’s future prospects. […]

The post Shell share price: analysts remain bullish as countdown is on over environmental concerns appeared first on UK Investor Magazine.

Barclays Share Price The Barclays share price (LON:BARC) saw a strong resurgence from the end of July through to August. This followed a sharp dip to a multi-month low of 157p per share. August was a broadly positive month for the banking sector, as a number of US banks reported strong earnings figures. Barclays also […]

The post What is in store for the Barclays share price over the coming months? appeared first on UK Investor Magazine.

Hottest areas on US stock market are showing signs of cooling The S&P 500, the index tracking the performance of 500 large companies listed on US stock exchanges, is aiming to record gains for the eighth month in a row. It would be the index’s best run since January 2018, when it recorded a 10-month […]

The post Keep an eye on margin debt as FAANGM sextet supports S&P 500 appeared first on UK Investor Magazine.

Figures may be ‘bumpy for a while longer’ UK GDP growth fell to just 0.1% in July, well below City expectations, according to official data, raising question marks over the possibility of the UK economy going into reverse. The slowdown marks the end of a strong period of growth that started at the beginning of […]

The post UK GDP figure shows government cannot rely on consumer spending appeared first on UK Investor Magazine.

The FTSE 250, which is more focused on UK domestic businesses, nudged 0.26% ahead to 23,860 while the more international-focused FTSE 100 advanced 0.4% to 7,052. “A big miss on UK GDP expectations didn’t do any harm to the pound, with the currency rising 0.2% against the US dollar to $1.3862. In turn, the main […]

The post GDP miss fails to negatively impact UK stock markets appeared first on UK Investor Magazine.

Loan allows Argo to retain its current Bitcoin holding Argo Blockchain (LON:ARB) confirmed on Friday that it has secured a £18.05m loan agreement with Galaxy Digital by using some of its Bitcoin as collateral. The loan will mature on 29 October 2021. The blockchain mining company’s outstanding loan with Galaxy is valued at £14m, meaning […]

The post Argo Blockchain secures loan backed by Bitcoin appeared first on UK Investor Magazine.

Hurricane says $152m of bonds will remain at face value The Hurricane Energy share price jumped up by 8% in early morning trading on Friday as the firm confirmed it will buy back $78m of bonds at a discount to par. The AIM-listed company will pay 78p of each pound to buy back convertible bonds, […]

The post Hurricane Energy surges as it confirms partial bond buy back appeared first on UK Investor Magazine.

EasyJet has its eyes set on acquiring market share from British Airways EasyJet has rejected an approach from Wizz Air, as the Hungarian airline continues its efforts to expand into the western European market on the back of the pandemic-induced downturn. The airline confirmed it immediately rejected Wizz’s offer which was a “low premium and […]

The post EasyJet rejects approach by Wizz Air appeared first on UK Investor Magazine.

UK unemployment, job vacancies and wages data Eyes will be on the latest UK jobs, unemployment, job vacancy and wage growth figures, as anecdotal evidence of labour shortages is popping up everywhere. The Confederation of British Industries’ warned that these shortages could persist for two years, as reported by UK Investor Magazine earlier this week. […]

The post Three key stories to look out for over the coming week appeared first on UK Investor Magazine.

ECB shows signs it will begin withdrawing assistance The European Central Bank (ECB) confirmed on Thursday that it is scaling back its bond puchases over the next three months. It is a sign that the EU will now slightly withdraw the aid it provided to the eurozone in an effort to support the economy during […]

The post EUR/USD subdued as ECB maintains rates and PEPP size appeared first on UK Investor Magazine.

“Decisions about your portfolio are far better made with firm investment principles, rather than superstitions in mind” says Fidelity director According to Fidelity International, investors who ‘sold in May’ have missed out on the opportunity to increase their returns during the summer months. A number of markets climbed by more than 20% in this time […]

The post Pain for those who ‘sell in May and go away’ appeared first on UK Investor Magazine.

888 unsuccessfully tried to buy William Hill in 2016 888 Holdings mad a move towards becoming one of the dominant betting companies in the world as it acquired William Hill International for £2.2bn. It said the deal would allow 888 to make £100m of annual cost synergies following the move which was part-funded by a […]

The post 888 finally secures acquisition of William Hill appeared first on UK Investor Magazine.

The FTSE 100 has seen its third consecutive day of falls as concerns about global growth come to the fore. The blue-chip index was down by 1.18% at 7,012.2 with energy, financials and miners among the worst performing sectors. “All three driven by economic activity, which shows you how investors are thinking,” said Russ Mould, […]

The post FTSE 100 down for third day in a row appeared first on UK Investor Magazine.

EasyJet deploying strategy to steal market share from rival airlines EasyJet has confirmed it rejected a takeover offer as it set out plans to raise £1.2bn from investors in an effort to cope with a more sustained downturn in the airline industry. The firm said the all-share approach undervalued the business, adding that the potential […]

The post EasyJet rejects takeover offer and seeks to raise £1.2bn appeared first on UK Investor Magazine.

Morrisons shareholders will reach a decision following auction in October Morrisons has reported a fall in profits on Thursday, however it has been overshadowed by ongoing talks with both of its US private equity suitors, in addition the UK’s Takeover Panel. In August, the grocer’s board recommended that shareholders get behind an offer by Clayton, […]

The post Morrisons results overshadowed by bidding war appeared first on UK Investor Magazine.

A total of 194,456m of drilling from 230 drill holes has been completed since Newcrest commenced exploration activity Greatland Gold (LON:GGP) has reported ‘excellent growth drilling results’ from its Havieron gold-copper deposit in the Paterson region of Western Australia. New growth drilling results outside initial resource area include: 133m @ 7.0g/t Au & 0.05% Cu […]

The post Greatland Gold reports ‘excellent’ growth drilling results from Havieron appeared first on UK Investor Magazine.

Investment managers, both in the UK and US, are saying that companies without sustainable supply chains will receive less investment over the next decade. This is according to a study carried out by procurement consultancy Proxima, who expect to see the share prices of the applicable businesses fall. The report, published on 8 September, analyses […]

The post Investment managers in the US and UK want companies with sustainable supply chains appeared first on UK Investor Magazine.

Creating a family Trust is a route to establishing generational wealth. It can do this by offering tax benefits and ensuring a family’s wealth is only used for suitable purposes. What is a Family Trust? It is a legal entity set up by an individual, or a ‘settlor’, to allow beneficiaries to benefit from funds. […]

The post A guide to creating a family trust in the UK appeared first on UK Investor Magazine.

Coinbase CEO expresses concerns at treatment by SEC over long Twitter thread The US Securities and Exchange Commission has warned Coinbase (NASDAQ:COIN) that it could face a legal challenge if it launches its proposed digital asset lending service. Additionally, the regulator issued subpoenas to the crypto exchange seeking additional information. In a detailed Twitter thread […]

The post SEC could sue Coinbase over lending platform appeared first on UK Investor Magazine.

TP Icap saw a bounce in trading at the start of the pandemic The huge shift in culture towards working from home has resulted in traders have less appetite for risk. That is the view of TP Icap, one of the world’s largest brokers, as reported by The Times. The company, which facilitates transactions in […]

The post Less appetite for risk due to traders working from home says broker appeared first on UK Investor Magazine.

The FTSE 100 fell 0.8% to 7,090 while the major markets in mainland Europe suffered declines greater than 1% early on Wednesday. “Economic growth fears have cast a black cloud over global markets, leading to some hefty share price declines across Europe on Wednesday,” says Russ Mould, investment director at AJ Bell. Only five stocks […]

The post European markets retreat on Wednesday appeared first on UK Investor Magazine.

Zephyr will finish year having ‘exceeded expectations’ says CEO Zephyr Energy (LON:ZPHR) confirmed on Wednesday that it reached an agreement for further investments in the Williston Basin, North Dakota. The technology-led exploration & production company also revealed its plans to increase its working interests via a deal with Purified Resource Partners. Zephyr Energy presently holds […]

The post Zephyr Energy increases investments in North Dakota and announces new additional acquisitions appeared first on UK Investor Magazine.

Halfords still expects to achieve full year pre-tax profit of over £75m Halfords has added its name to a list of companies to report a dip in sales due to supply chain issues, suggesting the issue could persist for some time. The company confirmed its like-for-like sales fell by nearly 23% during the 20 weeks […]

The post Halfords reports reports a sharp brake on sales on supply chain issues appeared first on UK Investor Magazine.

Two US private equity firms are seeking ownership of the major UK supermarket Morrisons (LON:MRW) is set to go to auction as two US private equity firms seek ownership of the UK supermarket giant. The deal will will be facilitated by the Takeover Panel, an independent body in the UK. In August, as reported by […]

The post Morrisons takeover to be settled at auction appeared first on UK Investor Magazine.

Taxes on share dividends will be raised by 1.25% Boris Johnson has announced his government will implement a £12bn per year package of tax increases starting from next April to combat NHS Covid backlogs and overhaul social care. On Tuesday morning the cabinet agreed to a 1.25% increase in national insurance contributions, which will be […]

The post Dividend tax increase to cost company directors and retail investors £600m appeared first on UK Investor Magazine.

UK watchdog chairman drew specific attention to a post by Kim Kardashian The Financial Conduct Authority (FCA) is seeking further powers to control cryptocurrency promotions as the City regulator warned of celebrity-endorsed tokens. Charles Randell, FCA chairman, said recently that more action is needed in order to protect consumers from the speculative nature of the […]

The post FCA seeks more power over crypto promotions appeared first on UK Investor Magazine.

Coca-Cola has recently reported issues supplying its aluminium cans The price of aluminium reached its highest point in ten years on Monday as news emerged that there was a coup in Guinea. Guinea is the second-largest producer of bauxite – a sedimentary rock with a relatively high aluminium content – in the world. Prices for […]

The post Aluminium reaches highest point in ten years following Guinea coup appeared first on UK Investor Magazine.

Socialising, shopping, and staycations were top of the agenda for Brits last month Consumer card spending increased by 15.4% in August, compared to the same period in 2019, before the pandemic. Data from Barclaycard, which sees nearly 50% of the nation’s credit and debit card transactions, reveals how the later stages of summer gave the […]

The post Consumer spending in August grew 15.4% as Brits enjoyed the summer holidays and returned to the office appeared first on UK Investor Magazine.

London prices appear to be trailing other areas of the country UK house prices rose to another record high in August although the rate of growth appears to slowing down. Growth came in at 0.7% last month, meaning prices are now up by 7.1% compared to the same point last year, according to the Halifax […]

The post UK house prices continue rise but at a slower rate appeared first on UK Investor Magazine.

The FTSE 100 is down by 0.21% during the morning session on Tuesday, unlike many of its peers across the continent and in Asia. “The FTSE 100 was the odd one out and not in a good way on Tuesday as it made a lacklustre start despite strong trading in Asia, a decent start in […]

The post FTSE 100 the odd one out on Tuesday following lacklustre start appeared first on UK Investor Magazine.

The high-importance car industry raised its output German industrial output surpassed expectations in July after previous periods of downturns, data revealed on Tuesday. It is a sign that factories are moving past supply bottlenecks which have been weighing on the recovery of the largest economy in Europe. Industrial output, which includes construction and energy, increased […]

The post German factory output surpasses expectations appeared first on UK Investor Magazine.

China shipments outperform analysts expectations for August China‘s exports surpassed expectations in August by growing at a quicker rate thanks to global demand which took some pressure of the country’s economy. Having been the first major economy to recover after the pandemic, China stalled as the Delta variant took a hold throughout the country. Additionally […]

The post China’s export growth climbs in boost to economy appeared first on UK Investor Magazine.

Construction of additional manufacturing sites going to plan DS Smith, the packaging company, is benefitting from a boom in online sales across Europe, as its box volumes surged past levels seen before the pandemic. In its most recent update the FTSE 100 company said that it had seen growth occur in both 2019 and 2020 […]

The post DS Smith benefitting from online shopping boom as costs rise appeared first on UK Investor Magazine.

Ryanair Share Price The Ryanair air share price (LON:RYA), while it has had peaks and troughs, has largely traded sideways in 2021. There has been optimism around the potential for flights to move towards pre-pandemic levels this year, however, there has equally been news to dampen spirits in the airline industry. Year-to-date, the Ryanair share […]

The post Ryanair share price above pre-pandemic levels on optimistic update from CEO appeared first on UK Investor Magazine.

The crypto market is valued at over $2.35trn Bitcoin was soaring over the weekend, even climbing above $52,000 at one point on Monday. Digital gold was joined by fellow cryptocurrencies, Ethereum (ether) and Cardano (ada), which are both nearing record-highs. The overall market cap of Bitcoin stands at $965,601,415,664at the time of writing, just shy […]

The post Bitcoin surges as analyst predicts $100,000 before end of 2021 appeared first on UK Investor Magazine.

Analyst says now is not the time to buy Chinese tech stocks Chinese consumer and technology stocks were the worst-performing in August, according to Saxo baskets, while crypto and cyber security were at the top of the pile. An equity basket is a collection of stocks linked by a theme identified by Saxo analysts to […]

The post Is now the time to buy Chinese technology stocks? appeared first on UK Investor Magazine.

Digital 9 Infrastructure (D9) confirmed on Monday that it has acquired Verne Holdings, a data centre platform in Iceland, operating on a former NATO site near Keflavik, for £231m. Verne Holdings, which trades as Verne Global, is the leading Icelandic data centre platform, delivering sustainable data centre solutions in a geographically optimal environment, with 100% […]

The post Digital 9 Infrastructure acquires Nordic data centre platform for £231m appeared first on UK Investor Magazine.

Markets are in a more positive mood on Monday after US jobs numbers left a sour taste last week. The FTSE 100 has added 0.56% to reach 7,179 points while Asian stock markets are also up. Going back to the US, the Fed has “consistently reiterated that its decision making will be heavily led by […]

The post Markets in more positive mood on the back of last week’s US jobs numbers appeared first on UK Investor Magazine.

Pure Gym looking to capitalise on post-lockdown trading Pure Gym, the largest gym chain in the UK, is expecting a valuation of £1.5bn as it looks set to be the first of a number of IPOs in the coming weeks. The gym operator is looking to capitalise on a post-lockdown surge in trading, as the […]

The post Pure Gym could move into the FTSE 250 with valuation of £1.5bn appeared first on UK Investor Magazine.

A kg of tomatoes wholesale now costs £1.47, up from 75p a year ago Labour shortages affecting a range of industries in the UK could last for up to two years, according to the Confederation of British Industry (CBI). The CBI’s members, some of the biggest employers in the UK, have said the government’s job […]

The post Labour shortages remain a concern and could lead to rising food prices appeared first on UK Investor Magazine.

Non-farm figures well below expectations of 733,000 new jobs The US economy added 235,000 jobs in August, falling well below economists’ forecasts, as it appears the impact of the Delta variant may be disrupting hiring plans amid labour shortages. Non-farm payroll figures released by the Bureau of Labor Statistics showed a sharp fall-back from the […]

The post US economy adds only 235,000 positions as Delta variant surges appeared first on UK Investor Magazine.

Japanese Prime Minister Yoshihide Suga confirmed on Friday his intention to not to run in the ruling Liberal Democratic Party’s leadership race, allowing room for his replacement after just one year in office. The story caused the Nikkei, a stock market index for the Tokyo Stock Exchange, to surge by 2%. “He has been an […]

The post Nikkei surges as PM bows out while markets await US non-farm payroll figures appeared first on UK Investor Magazine.

SOHO’s operating profit over the first six months of the year rose to £13.3m Triple Point Social Housing REIT (LON:SOHO) has released its results for the first-half of its current financial year. SOHO’s portfolio of properties was independently valued at £596.3m on an IFRS basis, reflecting a valuation uplift of 7.7% against the total invested […]

The post Triple Point Social Housing REIT sees valuation uplift of 7.7% for H1 2021 appeared first on UK Investor Magazine.

UK house prices are expected to rise by 30% over the next ten years UK house prices are expected to rise by 30% over the next ten years, pushing the age of first-time buyers back by nearly two years. New research by comparethemarket.com reveals the average age of first-time buyers is expected to reach 37 […]

The post How much are UK house prices set to rise? appeared first on UK Investor Magazine.

Reddit could IPO next year when its value is around $15bn Reddit is hiring lawyers and investment bankers of an initial public offering in New York, as reported by Reuters. In a private fundraising round last month Reddit was valued at $10bn. Reporters reported via a source that the company’s hierarchy is hoping by the […]

The post Reddit seeks advice over possible US IPO appeared first on UK Investor Magazine.

Argo Blockchain holds 1,659 bitcoins on its balance sheet Argo Blockchain (LON:ARB) made £6.83m in mining revenue last month, an increase of £2.23m, as the price of bitcoin rose. The bitcoin mining company mined a total of 206 bitcoins in August, down from 225 in July, bringing the overall amount mined for the year-to-date to […]

The post Argo Blockchain provides positive update on mining from August appeared first on UK Investor Magazine.

Berkeley is now expecting forward sales of properties to reach £1.7bn by 31 October Berkeley (LON:BKG), the London-listed homebuilder, released a trading statement on Friday morning ahead of its anticipated AGM. The FTSE 100 firm reported that reservations have recovered to levels from before the pandemic, while the group feels confident about its ability to […]

The post Berkeley notes improvement in UK housing market appeared first on UK Investor Magazine.

BNY Mellon Blockchain Innovation Fund The BNY Mellon Blockchain Innovation Fund aims to capitalise on growth in the blockchain space by targeting firms that are leveraging blockchain technology to either generate new revenue streams or reduce their cost structures by increasing their operational efficiency. Blockchain Technology It has been suggested that blockchain is one of […]

The post BNY Mellon Blockchain Innovation Fund: a diversified approach to investing in blockchain appeared first on UK Investor Magazine.

Barratt Share Price The Barratt share price is down by 4.71% on Thursday despite strong demand for homes boosting annual profits by nearly two-thirds in its latest financial year. “Perhaps it is down to concerns over the expiry of the stamp duty tax break in October, or worries over an increasing reliance on Help-to-Buy, or […]

The post Barratt share price dips despite robust annual results appeared first on UK Investor Magazine.

Not every fund manager is enjoying a surge in investments UK investors allocated money in their in droves in July, as £4.8bn flowed into funds last month. The number is three times higher than the figure seen in the same month last year. So far in 2021, investors have put £28.9bn into funds, while recent […]

The post Historic low rates and cash savings boost £4.8bn investment fund inflows appeared first on UK Investor Magazine.

‘Despite the uncertainty facing millions of savers in 2020/21 the majority have stuck with their workplace pension,’ says analyst The number of people saving in a workplace pension scheme remained steady during lockdowns, new data has revealed. There was only a small drop-off in the proportion of workers opting out of their workplace scheme every […]

The post Workers continued to pay into pensions despite COVID uncertainty appeared first on UK Investor Magazine.

Markets seem to have paused for a breather on Thursday, as there is minimal movement in Europe and Asia. “Investors may well be waiting for the latest US jobs data before deciding on their next trades,” says Russ Mould, investment director at AJ Bell. “Strong job numbers could strengthen the argument for the Federal Reserve […]

The post Markets take a breather on Thursday as Melrose supports FTSE 100 appeared first on UK Investor Magazine.

The Caixin/Markit China manufacturing purchasing managers’ index is down from 50.3 in July to 49.2 in August China‘s manufacturing levels saw a fall in output for the first time since early during the pandemic in what could be a concerning signal for the worldwide recovery. The country made a resurgence last year thanks to rising […]

The post China’s factory output drops leading to concerns over recovery appeared first on UK Investor Magazine.

Ryanair CEO says 14 new routes would be added during the winter Ryanair announced on Thursday that it flew 11m passengers in August, three quarters of the level the airline transported in August 2019 before the pandemic ravaged the industry. The company’s CEO Michael O’Leary told Reuters that Ryanair was set to comfortably exceed its […]

The post Ryanair expecting to reach 90% of capacity in September appeared first on UK Investor Magazine.

As of the end of June Gym Group has around 730,000 members The Gym Group has seen a strong recovery in its membership levels as its reopened its locations having closed them for much of this year. The firm, which operated 190 gyms across the UK, confirmed an operating loss for the six months to […]

The post Gym Group losses narrow on recovery in membership levels appeared first on UK Investor Magazine.

Chair of US Securities and Exchange Commission has called for the SEC to get power to oversee the crypto market Gary Gensler, chair of the US Securities and Exchange Commission (SEC) is correct about the need to regulate cryptocurrency trading platforms according to Nigel Green, CEO of deVere Group. In an interview with the Financial […]

The post Gary Gensler right to say crypto needs regulation says deVere CEO appeared first on UK Investor Magazine.

The average price of a UK property is £248,857 UK house prices rose by around £5,000 last month as the property market continued its ascension as the government’s stamp duty holiday is wound down across England and Northern Ireland. According to the Nationwide building society, the cost of the average property had risen by £4,628 […]

The post UK house prices see unexpected rise during August appeared first on UK Investor Magazine.

Brookner has over 13 years’ worth of experience Blackfinch, the investment platform, has made an addition to its investment division’s senior management team by appointing James Brookner as Ventures Director. Brookner was previously a consultant at Accenture, where he worked on projects in mergers and acquisitions (M&A), fast moving consumer goods (FMCG) and digital innovation. […]

The post Blackfinch bolsters Ventures team by appointing new director appeared first on UK Investor Magazine.

London-based broker, First Equity, has analysed each of Red Rock Resources‘ (RRR) (LON:RRR) investments and projects, calculating a sum-of-the-parts valuation and a share price target. First Equity has calculated a total sum of the parts value of £19.5m, which is significantly more than Red Rock’s current market cap (£7.3m), equating to 1.60p per share. The broker argues […]

The post Red Rock Resources given 1.6p price target by First Equity appeared first on UK Investor Magazine.

There was an upturn in equity markets across Europe on the first day in September. The FTSE 100 is up by 0.94% to 7,187, while in France the CAC 40 added 1%, and in Spain the IBEX 35 grew by 1.6%. “Summer holidays are over; children are returning to school and we’re now only weeks […]

The post First day of September brings a pick-up in European equity markets appeared first on UK Investor Magazine.

Velocys (LON:VLS), the sustainable fuels technology company, has confirmed that it has secured a grant from the UK Department for Transport (DfT) via the Green Fuels, Green Skies competition. The grant award is up to a maximum of £2.4M, of which £1.2M is subject to progress by the DfT in developing policy support for Sustainable […]

The post Velocys secures grant of up to £2.4M for Altalto project appeared first on UK Investor Magazine.

Economists are predicting a peak of 3.5% in the coming months Inflation across the eurozone has reached its highest point in nearly ten years, ramping up pressure on the European Central Bank to decrease the rate of its bond buying programme. On the back of its recovery, August saw the consumer price index in the […]

The post Rising eurozone inflation puts pressure on ECB appeared first on UK Investor Magazine.

First gold identified at Goliath Greatland Gold (LON:GGP) announced on Wednesday its first set of preliminary drill results from the initial 2021 drill programme at its Juri Joint Venture with partner Newcrest Mining in the Paterson Province of Western Australia. Highlights First phase of Juri JV drilling programme completed on the Paterson Range East and […]

The post Greatland Gold announces preliminary drill results at Juri Joint Venture appeared first on UK Investor Magazine.

Common reasons why reductions and payment holidays were brought up included concerns around furlough, redundancy and job security. Nearly half (46%) of landlords surveyed Shawbrook Bank reduced monthly rent payments for their tenants as a result of the pandemic. As many as 28% of landlords allowed their occupants a full rent payment holiday, a period […]

The post Nearly half of private landlords reduced tenant’s rent in 2020 appeared first on UK Investor Magazine.

Credit card spending did not see a rise The levels of savings seen in the UK fell in July to £7.1bn, down from £9.8bn the month before, while credit card spending did not increase. £1.4bn in mortgage debt was repaid by individuals, only the second time this has happened in the last ten years. Children […]

The post Savings levels fall as people come out of lockdowns appeared first on UK Investor Magazine.

Ever since Richard Nixon ended the Bretton Woods monetary system in August 1971, the US dollar has been on a downward spiral. Under the Bretton Woods system, gold was the basis for the US dollar and other currencies were pegged to its value. According to Russ Mould, AJ Bell investment director, “there are more than […]

The post 50 years on from the end of Bretton Woods gold bugs stand by precious metal appeared first on UK Investor Magazine.

Consumption held back by Covid-19 China‘s services sector contracted in August, official figures revealed on Tuesday, as Covid-19 held back consumption. The official non-manufacturing Purchasing Managers’ Index (PMI) was recorded at 47.5 in August against 53.3 the month before. Anything above the 50-point mark represents growth while anything below is a contraction. A steady upturn […]

The post China’s services sector activity contracts in August appeared first on UK Investor Magazine.

88% of over-16s in the UK have received one dose of vaccine GSK (LON:GSK), along with a South Korean pharmaceutical company, have begun a third phase trial of their Covid-19 vaccine combination. The FTSE 100 company made the announcement on Tuesday that the news came on the back of “positive” interim results during the Phase […]

The post GSK to start phase 3 trial of Covid-19 vaccine appeared first on UK Investor Magazine.

The price of the deal has been confirmed at $2.5m Trident Royalties (LON:TRR) has come to an agreement with Sutter Operations Corporation to acquire a net smelter return royalty over production from the Lincoln gold mine in California. Seduli intends to utilise the royalty sale proceeds to finalise the restart of Stage 1 production at […]

The post Trident Royalties confirms acquisition of near-term producing gold royalty appeared first on UK Investor Magazine.

Managing director says exploration efforts at the Luanshya Project are ‘bearing fruit’ Castillo Copper (LON:CCZ), has confirmed that multiple targets for test-drilling have been identified at the Luanshya Project in Zambia’s copper-belt, following the completion of eight Induced Polarisation (IP) survey lines. Work on the IP survey across the Luanshya Project in Zambia’s copper-belt – […]

The post Castillo Copper confirms large targets under 6km strike at project in Zambia appeared first on UK Investor Magazine.

Jay Powell firmly suggested on Friday that the US Federal Reserve could begin to pull back on its large-scale pandemic-induced stimulus measures this year. The Fed chair said that the bank has completed one of its two goals required to justify decreasing its support, adding that “progress” was being made on the other. Powell reaffirmed […]

The post Powell says tapering could be necessary this year as dollar and gold rise appeared first on UK Investor Magazine.

Tesco Share Price The Tesco share price (LON:TSCO), up by 0.79% on Friday, is set to close out its fourth consecutive week in the green. The supermarket chain has now added 8.79% in the past month. However, it remains some way off its level in February, when Tesco paid out £5bn to shareholders via a […]

The post Will Tesco share price be impacted by private equity interest in UK supermarkets? appeared first on UK Investor Magazine.

“Tap-and-go spending limit for cards was raised from £30 to £45 UK shoppers will now be able to spend up to £100 using contactless card payments from 15 October, more than doubling the limit on spending. The cap placed on “tap-and-go” spending for cards was increased from £30 to £45 following the pandemic’s arrival as […]

The post Contactless limit to increase to £100 from October appeared first on UK Investor Magazine.

UK house prices up by 79.4% in the last 10 years Despite a global pandemic ravaging the world economy, UK house prices are up by 79.4% in the last 10 years, and across the OECD more broadly. Research from money.co.uk analysed the average price of homes across OECD countries over the last decade. It was […]

The post How property prices in OECD countries have risen over the last decade appeared first on UK Investor Magazine.

The FTSE 100 is waiting patiently early on Friday with the US Fed chair set to address the Jackson Hole summit of economic policymakers later on today. “Whether Powell will say anything of substance remains to be seen, although the slightest hint in the direction of tapering could prompt an outsized market response,” says AJ […]

The post FTSE 100 waits patiently for US policy hints appeared first on UK Investor Magazine.

CEO speaks of ‘extremely challenging situation facing Amigo’ Amigo Holdings confirmed on Friday that its Q1 pre-tax profits rose as a break in lending allowed the firm to be cash generative. The loans provider in the UK recorded a pre-tax profit of £15m for the quarter ending in June, well up from the £1.4m figure […]

The post Amigo Holdings Q1 profit jumps on break in lending appeared first on UK Investor Magazine.

Peloton made a Q4 loss of $313.2m Peloton, the maker of exercise bikes, has cut the price of its products as people are returning to gyms over doing exercise at home. As of Thursday the American company will cut the price of its less expensive machine to $1,495, a reduction of around 20%. This change […]

The post Peloton to cut prices on reduced sales as people head back to gyms appeared first on UK Investor Magazine.

Cook has previously committed to giving most of his wealth away The head of Apple Tim Cook has collected more than 5m shares in the US tech company after spending a decade in the role. A filing by the company with the US Securities and Exchange Commission (SEC) shows that Cook cashed in on most […]

The post Apple CEO Tim Cook receives $750m payout appeared first on UK Investor Magazine.

Some policymakers fear overshoot of inflation The European Central Bank’s (ECB) Monetary Policy Meeting, which took place in July, saw policymakers draw attention to the need to revise the forward guidance on interest rates. There was reported concern among those making decisions at the ECB about a potential overshoot off its 2% inflation target, or […]

The post ECB discusses need to revise forward guidance on interest rates appeared first on UK Investor Magazine.

Business owners have warned of inflationary pressures Construction firms will raise their wages eight times quicker than other industries, a report has revealed, as per The Times. Acute labour shortages mean employers face little choice but to offer improved rates. Research by Indeed, the online jobs board, shows that advertised salaries are up by 6.7% […]

The post Construction and hospitality workers to receive pay rises amid labour shortages appeared first on UK Investor Magazine.

Demand remains well above levels seen last year The UK housing market is experiencing a severe shortage of properties for sale as buyers rushed to the market before the end of the stamp duty holiday. Zoopla, the property site, has said that Britain is facing up to its “greatest stock shortage since 2015” as the […]

The post UK housing market sees shortage that could last to 2022 appeared first on UK Investor Magazine.

Society of Motor Manufacturers and Traders calls on government to support industry Car factories across the UK are manufacturing their lowest number of vehicles since the Suez crisis back in 1956. A mere 53,000 vehicles were made in July, a drop of 37% compared to the same month in 2020, when the UK was emerging […]

The post Car production tumbles to lowest point since Suez crisis in 1956 appeared first on UK Investor Magazine.

“It’s the one they’ve all been waiting for. The Super Bowl of high finance – the Jackson Hole symposium – kicks off tomorrow and there’s no question who the star man is,” says AJ Bell financial analyst Danni Hewson. The spotlight will be on the chair of the US Federal Reserve Jerome Powell and whether […]

The post FTSE 100 steps back as the ‘Super Bowl of high finance’ approaches appeared first on UK Investor Magazine.

Total invested by Barclays in Indian operations now over £800m Barclays (LON:BARC) confirmed on Thursday that it will invest more than £294m in its Indian operations in an effort to expand. This will bring the total invested by Barclays’ Indian operations to over £800m. The FTSE 100 bank said the funds would allow it to […]

The post Barclays to invest more than £294m to expand India operations appeared first on UK Investor Magazine.

Doubts remain over the strength of global recovery Oil prices are down on Thursday for the first session this week as concerns over demand. The price of Brent crude oil is down by 0.78% $71.37 per barrel just after 9am, having jumped up by 1.7% on Wednesday. Oil prices rose buy 10% last week through […]

The post Oil price rally comes to a halt on Covid concerns and supply issues appeared first on UK Investor Magazine.

British Land has either sold, or has offers for, around £160m worth of assets this quarter British Land (LON:BLND) confirmed its acquisition of Peterhouse Technology Park in Cambridge for £75m, with a net initial yield of 4.15%. In addition, the FTSE 100 company has completed on the purchase of the Priestley Centre in Guildford for […]

The post British Land makes changes to portfolio appeared first on UK Investor Magazine.

Data from Saxo Group’s equity themes has broken down the top performing ‘green’ stocks with UK investors in what has been a dramatic year for the sector. The measure of green stocks, according to head of equity strategy at Saxo, Peter Garnry, “is whether a stock has a positive net impact on the environment”. “For […]

The post Tesla is top performing ‘green’ stock with UK investors as greenwashing remains a concern appeared first on UK Investor Magazine.

NFT Sales Sales of non-fungible tokens (NFT) rose sharply in August as investors increasingly put faith in the sector continuing to increase in value. Sales volumes, as monitored by OpenSea, one of the largest NFT platforms, reached $1.9bn in August. This is an increase of more than ten times when compared to March, when the […]

The post NFT sales soar as question mark remains over signs of a bubble appeared first on UK Investor Magazine.

‘Supporting people in their 50s to stay in work for longer should be a priority’ says analyst People retiring between the ages of 50 and 64, the state pension age, could cost the pension economy £88bn, the ONS has said. While if the employment rate among 50 to 64-year-olds was similar to those aged 35 […]

The post Over 50s leaving work early could hit retirement plans costing the UK billions appeared first on UK Investor Magazine.

Just Eat has 58,000 restaurant partners and millions of takeaway customers Just Eat, the food delivery platform, confirmed plans to create more than 1,000 customer service roles at its new office close to Sunderland. The jobs were previously outsourced to third party operators based in Bulgaria and the Philippines. Just Eat has said its employees […]

The post 1,500 Just Eat jobs to be created at Sunderland customer service site appeared first on UK Investor Magazine.

Economists feel shortages could jeopardise recovery from pandemic The UK’s supply chain crisis is getting worse as each day goes by, with goods from retail stores running low and supermarkets having difficulties stocking their shelves. Due to worldwide supply chain disruptions as a result of the pandemic and worker shortages, in addition to Brexit related […]

The post UK supply chain issues affecting food supplies and retail stocks appeared first on UK Investor Magazine.

CEO Shaun Day says news is a measure of firm’s ‘growing reputation’ Greatland Gold (LON:GGP) has confirmed the appointment of Paul Hallam as a new non-executive director, as well as establishing a ‘Technical Advisory Committee’. Paul Hallam is a senior mining industry professional with more than 40 years of Australian and international resource experience across […]

The post Greatland Gold confirms directorate changes and establishes ‘Technical Advisory Committee’ appeared first on UK Investor Magazine.

The Scottish Mortgage share price has been on a good run of form over the past six months, supported by recent gains from the tech-focused Nasdaq composite. The Nasdaq composite closed up 1.55% yesterday, outperforming the Dow Jones and the S&P 500, while the Scottish Mortgage share price followed suit on Tuesday, adding 1%. Over […]

The post Scottish Mortgage share price reacts well to vaccine news as fund navigates tech stocks appeared first on UK Investor Magazine.

65.8% of European investors hold crypto assets within their portfolio A survey carried out by analysts at Robo.cash, the investment platform, found that 65.8% of European investors hold crypto assets within their portfolio. Crypto assets rank third in popularity when compared to others behind P2P investments and stocks. The number of investors who increased their […]

The post Crypto outshines gold as asset of choice for investors but remains behind stocks and P2P investments appeared first on UK Investor Magazine.

Nigel Green says there are three main triggers for market rout There could be a nervy spell in financial markets in September over concerns of the Delta variant, regulatory attacks by the Chinese government and changing monetary policies, according to the CEO of deVere Group, one of the largest asset management firms in the world. […]

The post Investors should prepare for ‘jittery markets’ in September says deVere CEO appeared first on UK Investor Magazine.

Property transactions are still up year-on-year Residential property transactions during July were 62.8% lower than the month before, and 4.2% higher than July last year. That is according to figures revealed today by HMRC. The fall follows a surge in June, which saw transactions more than double on a year-by-year basis. While the property market […]

The post Residential transactions down 63% in July as stamp duty holiday comes to an end appeared first on UK Investor Magazine.

The FTSE 100 is down by 0.13% during the morning session on Tuesday as the UK index appears to be struggling for direction. “The FTSE 100 was heading nowhere fast on Tuesday, starved of any obvious catalysts on the corporate and economic front” says AJ Bell financial analyst Danni Hewson. Travel and hospitality stocks helped […]

The post FTSE 100 struggling for direction with Jackson Hole in sight appeared first on UK Investor Magazine.

According retail trade bodies there is a shortfall of 90,000 HGV lorry drivers McDonald’s is running out of milkshakes in all of its 1,250 restaurants across the UK as the fast-food company feels the impact of supply chain issues. In addition to milkshakes, McDonalds has also run out of bottled drinks at a number of […]

The post McDonald’s out of milkshakes across all UK restaurants appeared first on UK Investor Magazine.

The price of Brent crude oil is up by 0.7% to $69.26 per barrel Oil prices are up on Tuesday as investors’ hopes of a recovery in demand for fuel were boosted following the US’s drug regulator approving the Pfizer Covid-19 vaccine. The price of Brent crude oil is up by 0.7% to $69.26 per […]

The post Oil prices rise on approval of vaccine by US regulator appeared first on UK Investor Magazine.

Greatland Gold (LON:GGP) confirmed on Monday that drilling has commenced at its 100% owned Scallywag licence, the latest campaign in the firm’s 2021 multifaceted exploration programme in the Paterson province of Western Australia. After receiving regulatory permits the AIM-listed firm commenced testing of multiple new targets at Scallywag following analysis of results of a Heliborne […]

The post Drilling underway at Greatland Gold’s Scallywag Licence appeared first on UK Investor Magazine.

Darktrace Share Price Darktrace (LON:DARK), the British-American cybersecurity company, has dipped for the fourth consecutive week, down 16.33% over the past month. The move downwards comes on the back of what has been a a successful run since the company’s IPO in April. Following Darktrace’s London listing, its share price surged by 90p within hours. […]

The post Darktrace shares price to rally again following sell-off? appeared first on UK Investor Magazine.

The first half of 2021 has seen the highest number of private equity deals in the UK in five years. With Morrisons and Ultra Electronics both deep in negotiations, while Sainsbury’s is rumoured to be next-up for a takeover approach, it appears as though this trend is here to stay. Last week Morrisons’ board accepted […]

The post Private equity interest highlights value in UK equity markets appeared first on UK Investor Magazine.

Bonnet is a tech platform for electric vehicle chargepoints Bonnet, the electric vehicle charging platform, has received a total of £920,000 ($1.3m) in funding to expand its business in what is a crucial year for reaching net-zero targets. £850,000 came from an equity financing round led by Ascension Ventures with investors from Imperial College London […]

The post EV charging platform Bonnet receives $1.3m funding for business expansion appeared first on UK Investor Magazine.

The FTSE 100 started this week in decent shape, up 0.38% at the time of writing, after Asian stocks managed to squeeze out some gains overnight. “M&A remains in focus amid weekend reports of a private equity bid for Sainsbury’s, begging the question will there be any companies left at the end of this corporate […]

The post FTSE 100 lifted by gains in Asia on Monday appeared first on UK Investor Magazine.

Apollo is taking an “exploratory” view of Sainsbury’s Sainsbury’s could be the next supermarket on the hit-list of private equity companies as competition intensifies to takeover Morrisons, highlighting the industry’s appeal to investors. A week ago the Morrisons board approved a bid by Clayton, Dubilier & Rice (CD&R) to takeover the supermarket chain with an […]

The post Sainsbury’s could be next to receive interest from private equity groups appeared first on UK Investor Magazine.

Paypal’s move could be a catalyst for mainstream adoption PayPal, as of this week, will allow its UK-based customers to buy, sell and hold bitcoin and other cryptocurrencies, the company confirmed on Monday. It is the first time PayPal has expanded such services beyond the US and the move has been tipped as a catalyst […]

The post PayPal to allow users to buy and sell crypto appeared first on UK Investor Magazine.

Hester has previously worked at RBS and British Land EasyJet confirmed on Monday that it has appointed Stephen Hester for its chair as the airline looks to bounce back from the devastating impact of the coronavirus pandemic. Hester is one of the most experienced chief executives in the City, having worked at the helm of […]

The post EasyJet confirms Stephen Hester as new chair appeared first on UK Investor Magazine.

Since gold reached a record high of more than $2,000 per ounce a year ago, it is down 14% London-listed gold miners have made substantial losses in their market value so far this year as the US dollar is approaching new highs. Year-to-date, a number of the UK’s best known gold miners, including Shanta Gold […]

The post UK gold miners fall back in 2021 as yellow metal underwhelms appeared first on UK Investor Magazine.

Helium One Share Price The Helium One share price (LON:HE1) is up by 17% at the time of writing on Friday. The move up follows massive gains on Thursday in which the high-grade helium producer added 27% to its stock value on the back of an update. Despite two consecutive outstanding days for the Helium […]

The post Helium One share price surges for second consecutive day on update from Tanzania appeared first on UK Investor Magazine.

There has been a spike in demand for advice in IHT planning in the past year The government bought in £2bn in inheritance tax (IHT) between April and July. Compared to the same period of time in 2020, it is an increase of £0.5bn. HM Revenue & Customs confirmed it received in the region of […]

The post Government inheritance tax receipts rise to £2.1bn between April and July appeared first on UK Investor Magazine.

After heavy losses on Thursday, there was only a modest drop in the FTSE 100 this morning, down 0.18% to 7,046 points. “UK stocks held the line despite further weakness in Asia overnight, with retailers enjoying some strength despite signs that some of the pent up consumer spending had leaked from the high street to […]

The post FTSE 100 sees slight dip on Friday following yesterday’s sell-off appeared first on UK Investor Magazine.

Borrowing remains high when compared to the long-term pre-pandemic level Government borrowing was down in July as the continued reopening of the economy improved tax revenues, according to the Office for National Statistics. The budget deficit grew by £10.4bn in July, around half of the £20.5bn seen during the same month in 2020. Borrowing remains […]

The post Government borrowing falls in July as UK economy appears to be on track appeared first on UK Investor Magazine.

Coinbase has also partnered with a Japanese bank to broaden its customer base Coinbase (NASDAQ:COIN) is set to put $500m worth of cryptocurrencies on its balance sheet having received approval from its board. The Nasdaq-listed crypto exchange also said it intends to reinvest 10% of its profits into holding bitcoin and other cryptocurrencies. Coinbase recently […]

The post Coinbase will add $500m in crypto to its balance sheet appeared first on UK Investor Magazine.

Clayton Dubilier & Rice outbids rival Fortress with 285p per share offer Morrisons’ (LON:MRW) board got behind a £7bn takeover by Clayton Dubilier & Rice yesterday as the private equity company outbid its rival with a 285p per share offer. The FTSE 100 company’s board changed its mind having initially supported Fortress’ bid. Fortress is […]

The post Morrisons accepts improved £7bn takeover offer from US private equity firm appeared first on UK Investor Magazine.

Jobless claims 15,000 below economists’ forecasts The number of US citizens claiming unemployment benefits fell to the lowest point in 17 months last week following another month of solid growth. However, the rising number of Covid-19 infections could pose a risk to the labour market recovery. “A healthy drop in unemployment claims is the latest […]

The post Jobless claims reach new low in positive sign for US economy appeared first on UK Investor Magazine.

AstraZeneca’s Pascal Soriot was the highest paid CEO The median pay given to FTSE 100 CEOs dropped to the lowest point since the 2008 financial crisis last year. However, its remains 86 times greater than the median income of a full-time worker in Britain. The leaders of firms on the FTSE 100 received a median […]

The post FTSE 100 CEOs received reduced pay for 2020 on pressure from investors appeared first on UK Investor Magazine.

MBH’s portfolio is now made up of 26 companies across eight industry sectors MBH Corporation (ETR:M8H), a diversified investment holding company, on Thursday confirmed an agreement has been reached for the acquisition of Vista Care Solutions Limited (Vista Care). It is the latest step in MHB’s extensive acquisition drive yet remains subject to regulatory approval […]

The post MBH Corporation grows its healthcare vertical by acquiring Vista Care appeared first on UK Investor Magazine.

S&P 500 closed down by over 1% on Wednesday evening The Federal Reserve could shift its policy towards tapering its asset purchasing in the near future on the back of unexpected economic data. Recent comments coming from officials at the US central bank have suggested this is the case as strong jobs figures and high […]

The post Markets fall as Fed hints at move towards tapering of stimulus measures appeared first on UK Investor Magazine.

The FTSE 100 is down by over 2% on Thursday morning as fears are growing over the impact of a potential switch in policy by the Federal Reserve. “The FTSE 100 took a bath on Thursday morning, dragged lower by weakness in the resources sector amid fears the US Federal Reserve might be about to […]

The post FTSE 100 slumps on the back of Fed tapering talk appeared first on UK Investor Magazine.

Palantir will also accept Bitcoin payments Palantir (NYSE PLTR), the data mining company co-founded by technologist Peter Thiel, confirmed recently via a statement that it purchased $50m in gold bars. The move by Palantir is in response to what is deems to be an uncertain economic outlook, combined with a lack of desire to keep […]

The post Palantir buys $50m in gold to guard against ‘Black Swan Event’ appeared first on UK Investor Magazine.

Results support ‘hypothesis of the CLP being an area of huge potential for gold exploration’ Oriole Resources (LON:ORR) confirmed on Thursday that a number of areas of elevated gold concentrations have been located on the Central Licence Package (CLP) in Cameroon. Assay results for gold in 376 stream sediment samples have been received for the […]

The post Oriole Resources confirms upbeat initial sampling results from Cameroon appeared first on UK Investor Magazine.

Antofagasta share price down by over 5% on Thursday morning Antofagasta (LON:ANTO) revealed its profits doubled during H1 thanks to the rising price of copper, however the Chilean miner reduced its production guidance. The FTSE 100 company also said that it plans to raise its interim dividend payment to investors on the back the surging […]

The post Antofagasta reduces guidance despite surge in profit appeared first on UK Investor Magazine.

Lloyds diversifying away from traditional sources of income Lloyds is seeking to become on of the largest landlords in the UK as the major bank will buy 50,000 homes in the next ten years, it has been reported. In an effort to diversify away from traditional lending as a source of income, which is not […]

The post Lloyds to acquire 50,000 homes in bid to become major landlord appeared first on UK Investor Magazine.

BP Share Price The BP share price (LON:BP) has given away 0.89% at the time of writing on Wednesday as speculation over an oncoming upwards surge mounts around the oil giant. It has been a pretty solid year so far for the FTSE 100 company which is up by 17.78%, as oil prices have increased […]

The post BP share price being sustained by oil as company transitions to renewables appeared first on UK Investor Magazine.

96% of Ethereum investors are in the black August 2021 has seen more Twitter posts with the hashtag Ethereum than ever before. On 5 August there were a total of 59,950 tweets with the hashtag, as its ‘London upgrade’ and upward price movements have caused frenzy around the cryptocurrency. Ether has recorded strong levels of […]

The post Ethereum leading the way in August and could reach its all-time high before Bitcoin appeared first on UK Investor Magazine.

Novacyt Share Price The Novacyt share price (LON:NCYT) was trading up on Wednesday as the biotech company delivered its trading update for the first half of the year. At the time of writing, the company has added 13.54% to its stock value. Despite the move today, year-to-date, the Novacyt share price is still down 59.76%. […]

The post Novacyt share price surges as company announces 50% increase in revenue appeared first on UK Investor Magazine.

Average house price reached £266,000 in June 2021 The average price of a house in the UK is up by 13.2% for the year to June 2021. It is the highest level of yearly growth seen in the UK since November 2004 according to the Office for National Statistics (ONS) House Price Index. House prices […]

The post ONS: house prices rise at fastest rate in 17 years appeared first on UK Investor Magazine.

There have been suggestions that the respite in inflation is only temporary There was a pause in inflation levels on Wednesday as the CPI rate arrived below expectations at 2%. Analysts were expecting a recording of 2.3% for last month, 0.2% below the inflation figure recorded in June. According to the Office for National Statistics, […]

The post UK inflation comes in at target level of 2% appeared first on UK Investor Magazine.

The FTSE 100 is down by 0.4% to 7,152 points during the morning session on Wednesday as UK inflation eased back more than anticipated. “This is good news for those fretting about rising prices but potentially raises some questions about the strength of the UK economic recovery,” says AJ Bell investment director Russ Mould. Mining […]

The post FTSE 100 dips on UK inflation retreat appeared first on UK Investor Magazine.

BHP’s move raises question marks over the attractiveness of London BHP, the mining giant, has dealt a blow to the FTSE 100 by revealing plans to move its primary listing to Sydney. The company said that it will lose its dual corporate structure and separate listings in Sydney and London. As a result, and pending […]

The post BHP to leave FTSE 100 for Sydney appeared first on UK Investor Magazine.

AJ Bell appoints third woman to the board AJ Bell has made changes to its management in order to reflect its plans for new growth opportunities. The investment platform has added two new leadership roles and the third woman to a board that has previously faced criticism for a lack of representation. AJ Bell on […]

The post AJ Bell rings changes at board level to push investment platform forward appeared first on UK Investor Magazine.

Housing market set to return to more regular levels after pandemic-caused swings in activity Following an upturn in activity during the pandemic, Persimmon is expecting the market to get back to a more normal level. In its half-year earnings report released on Wednesday, Persimmon revealed that its sales rate for new homes was 20% quicker […]

The post Persimmon sales surge past 2019 levels appeared first on UK Investor Magazine.

Sunrise Resources Share Price The Sunrise Resources share price (LON:SRES) is up by 10% on Tuesday following a positive update from Nevada, USA. The move comes on the back of what has been a disappointing year so far for the AIM-listed mining company. Year-to-date the Sunrise Resources share price has lost 21.94% in value after […]

The post Sunrise Resources share price: outlook brightens on update from America and US infrastructure bill appeared first on UK Investor Magazine.

The state pension triple-lock increases pensions by the highest out of earnings, inflation and 2.5% Average earnings are up by 7.4% excluding bonuses, while this figure rises to 8.8% with bonuses included, according to data released by the ONS on Tuesday. The soaring wage growth is bringing eyes on to pensions and what the ramifications […]

The post What does soaring wage growth mean for the pension triple-lock? appeared first on UK Investor Magazine.

The events unfolding in Afghanistan in front of the world’s eyes will now be added to the lost of issues to look out for for investors as markets take on board the fact that the Taliban has regained power. This is what Nigel Green, chief executive and founder of deVere Group, as the Taliban seized […]

The post What is the impact of events in Afghanistan on global markets? appeared first on UK Investor Magazine.

Over the last quarter the number of vacancies reached 953,000 Job vacancies are at a record high as the labour market continues its robust recovery, official figures have revealed. For the three months to July, the number of vacancies reached 953,000, the Office for National Statistics (ONS) said. During the same period the unemployment rate […]

The post UK job vacancies surge as wages rise appeared first on UK Investor Magazine.

The BHP share price surged on the announcement Just a day after it confirmed it was in talks over an exit from the oil and gas industry, mining giant BHP (LON:BHP) is in the news again as it confirms its plans to merge its oil assets with Woodside Petroleum. The new group would be among […]

The post BHP reveals oil and gas merger with Woodside Petroleum appeared first on UK Investor Magazine.

After extending yesterday’s losses early on, the FTSE 100 is flat in the first hour of trading on Tuesday, sitting at 7,146. “Some well-received corporate results helped balance out wider downbeat sentiment linked to the signs of a Chinese slowdown which emerged at the beginning of the week and the turmoil in Afghanistan,” says AJ […]

The post FTSE 100 holds steady on UK jobs numbers appeared first on UK Investor Magazine.

Just Eat saw its market share rise by 10% in first half Just Eat (LON:JET) saw the number of orders it received surge to 135m during the first half of 2021, an increase of 58m. This was thanks in part to a sustained promotional push which also made an impact on the company’s balance sheet. […]

The post Just Eat investors concerned following pre-tax loss appeared first on UK Investor Magazine.

Plus500 received a boost from high levels of volatility in the first part of 2020 Plus500 (LON:PLUS), the online trading platform, forecast its yearly revenue to surpass analysts’ expectations, while confirming its profit for H1 fell from the surge seen during 2020. Analysts’ expectations are for revenue to come in at $476.7m for the year […]

The post Plus500 sees annual revenue surpassing expectations despite profits falling appeared first on UK Investor Magazine.

According to the insurer Aviva, 10% of UK adults between 35 and 45 years of age have made plans to buy an investment property within the next year. However, rising house prices over recent months mean it has become increasingly expensive to be a landlord. This also means it is more and more challenging to […]

The post The best cities to invest in property in the UK appeared first on UK Investor Magazine.

Oriole Resources Share Price The Oriole Resources share price (LON:ORR) is up by 9.98% on Monday as the gold and base metals explorer received some positive news from its project in Senegal. The bounce follows what has been a challenging past six months for the company which has seen the value of its stocks fall […]

The post Oriole Resources share price rises on update from Senegal appeared first on UK Investor Magazine.

The number of DIY investors is on the rise as the internet provides information and opportunity aplenty for those seeking to grow their wealth. Information on businesses is as accessible as ever, and for those willing to put the hours in, success on the stock market is attainable for budding investors. This article, with insight […]

The post What should DIY investors look for when picking stocks? appeared first on UK Investor Magazine.

BHP confirms talks with Woodside BHP confirmed it has commenced talks over the potential merger of its petroleum division with Woodside as the company looks to mark its exit from the oil and gas industry. The FTSE 100 company said Woodside is one of many options on the table as it reviews its approach towards […]

The post BHP looks set to sell-off its petroleum assets appeared first on UK Investor Magazine.

It’s a downbeat start to trading on Monday with the FTSE 100, down by 0.82% to 7,159.70, giving up some of last week’s gains. “The oil and mining sectors helped drag down the index as BHP confirmed it was in talks over an exit from its petroleum division,” says AJ Bell investment director Russ Mould. […]

The post Resources sell-off sinks FTSE 100 on back of weak data from China appeared first on UK Investor Magazine.

Sources say that 280p will be the appropriate level for an offer by Clayton Dubilier & Rice Clayton Dubilier & Rice, the American private equity firm, is preparing to bid for Morrisons this week as the company will look to usurp Fortress. Having made a bid earlier in the process, Clayton Dubilier & Rice will […]

The post Rival preparing to better Fortress bid for Morrisons appeared first on UK Investor Magazine.

Oil prices fall by over 1% on Monday morning Oil prices were down by over 1% during the morning session on Monday as negative economic data emerged from China highlighting the impact of the coronavirus pandemic on the economy. Brent crude was down 1.21% at $69.40 a barrel by 0857 GMT, while West Texas Intermediate […]

The post Oil prices down on negative economic data from China appeared first on UK Investor Magazine.

Chip finds that women outpace men when it comes to ESG investing Chip, the digital savings app, has analysed the demographics and behaviors of its 350,000 users to find a record number of female investors. In addition, it found that there is a higher appetite for risk among women compared to typical data but also […]

The post Fintech company sees record numbers of female investors appeared first on UK Investor Magazine.

Aviva Share Price The Aviva share price (LON:AV) is up by over 5% over the past two days as the company made some big announcements yesterday. Thursday’s results round off what has been a positive year so far for the FTSE 100 company, which now has an optimistic outlook, following strong measures taken by CEO […]

The post Aviva share price: the hard work starts now for CEO Amanda Blanc appeared first on UK Investor Magazine.

Olam has the potential to break into the FTSE 100 by listing its food ingredients unit Olam International is weighing up the possibility of a London listing of its food ingredients unit for next year which would allow the company to raise £2bn. The company confirmed on Friday that Olam Food Ingredients was looking at […]

The post Olam opts for London for IPO appeared first on UK Investor Magazine.

Retail investors have not yet caught on to the hype around commodities Institutional investors are increasingly making the case that a commodity supercycle is on the horizon, particularly where copper is concerned. Research has revealed that 82% of German pension funds believe that demand for commodities is set to surpass supply for an extended period […]

The post Institutional investors are anticipating an imminent commodity supercycle appeared first on UK Investor Magazine.

The pandemic allowed Disney to thrive in a fiercely competitive market Disney (NYSE:DIS) saw its revenue beat expectations in Q3 as the company acquired new streaming subscribers, in addition to opening up its theme parks to thrill seekers again. Revenue rose by 45% to $17.02bn (£12.3bn) for the quarter ending in July, surpassing estimates by […]

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The FTSE 100 appears to be closing off a decent week in fine fashion as it set aside concerns of a Delta variant linked sell-off in Asia. The UK index added 0.35% on Friday, standing at 7,218 points at the time of writing. “However, the closure of Chinese ports in an effort to control the […]

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In after-hours trading the Airbnb share price dipped by around 3% Airbnb reported robust growth in revenue for the quarter as people from countries with higher vaccination rates brought about a recovery for the travel sector. However, the short-term rental company also warned of the potential spread of the Delta variant of coronavirus and its […]

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News follows calls by White House on OPEC and its allies to raise its levels of oil output Goldman Sachs said the USA’s plea to OPEC+ to increase output is unlikely to bring about higher production levels in the short-term as the Delta variant remains a threat to demand. Earlier this week, the White House […]

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The BHP share price (LON:BHP) is trading close to an all-time high. This is because of hopes for “a post-pandemic economic recovery, commodity price strength and the company’s own capital discipline”, said AJ Bell investment director Russ Mould. These factors have allowed the company to rein in capital investment and acquisitions, sell assets and pay […]

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Rio Tinto Share Price The London-listed Rio Tinto share price (LON: RIO) is down by 7.21% during the afternoon session on Thursday, and is the day’s worst performing stock on the FTSE 100. To the relief of investors in the mining giant, the move is a result of the company’s stock trading ex-dividend. If one […]

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White House The US government has called on OPEC and its allies to raise its levels of output in a bid to keep rising fuel prices under control, as inflation in America reaches its highest yearly growth rate in 13 years. While OPEC+ has recently increased its production levels, the White House is calling on […]

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The FTSE 100 was modestly lower, down 0.12% to 7,211.74, in early trading as weakness in the mining sector overshadowed some decent UK economic data. However, the index remains above the 7,200 mark and is in touching distance of yesterday’s post-pandemic highs. AJ Bell financial analyst Danni Hewson noted that “Rio Tinto shares slumped heavily […]

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Sunak says today’s figures show that UK economy is on the mend UK GDP grew by 4.8% between April and June, it was revealed on Thursday, as most businesses are at least beginning to find their feet again as lockdown restrictions have been eased. The Office for National Statistics showed that the expansion of the […]

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Bumble saw it total paying users jump by 20% to 2.9m in Q2 Bumble (NASDAQ:BMBL), the online dating app, surpassed quarterly revenue estimates as many turned to online dating during lockdowns. The firm, based in Texas, saw it total paying users jump by 20% to 2.9m in Q2. Online dating apps grew in popularity last […]

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Aviva’s adjusted operating profit up 17% to £725m Aviva (LON:AV) confirmed it will return £4bn to shareholders by next June as its new chief executive is carrying out big changes to the insurance business. The announcement comes as Aviva’s operating profit rose by 17% to £725m over the first half of the year. However, it […]

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Cineworld looking ahead to strong recovery in Q4 Cineworld has announced its H1 results, confirming the impact of lockdown restrictions on the company’s balance sheet. During the first half of 2021, Cineworld’s revenue fell by 59% to $292.8m, down from $712.4m the year before. The company confirmed an adjusted EBITDA loss of $21.1m too, compared […]

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Inflation at 5.4% and in line with analysts’ expectations in July The price of goods and services in America rose again in July, albeit in line with analysts’ expectations, on high levels of pent-up demand. The consumer price index increased by 5.4% in July year-on-year, as reported by the Labor Department, in a continuation of […]

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In an effort to upgrade America’s transport systems, the US Senate has passed a $1trn infrastructure bill. “After years and years of ‘infrastructure week’, we are on the cusp of an infrastructure decade that I truly believe will transform America,” Biden remarked at the White House following the vote. Over the next five years the […]

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Tesla Car Sales Tesla reported that shipments of its vehicles made in China dropped during July. Domestic China shipments of Tesla cars dived by 69% to 8,621 units last month, as reported by Bloomberg. With Europe-bound deliveries rising, overall shipments of Teslas made in China fell by 0.6% to 32,968 in July. Since its warm […]

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Deliveroo share price down by over 4% during morning session During H1 2021 Deliveroo (LON:ROO) doubled its orders despite the easing of coronavirus restrictions. The London-listed food delivery firm confirmed orders of 149.9m during the six months to the end of June, compared to 75.4m over the same time period a year ago. Deliveroo’s revenues […]

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The FTSE 100 added 0.39% on Wednesday morning, bringing the UK index to 7,188.84. “The FTSE 100 built on Tuesday’s gains to trade around a one-month high suggesting investors have moved on from the latest set of jitters over Covid variants for now,” say AJ Bell financial analyst Danni Hewson. “Progress on a huge US […]

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Coinbase has lowered its expectations for the coming quarter Coinbases’s (NASDAQ:COIN) revenue soared during Q2 of 2021, compared the year before, as volatility characterised crypto markets. The exchange’s revenue rose by more than 1,000% during the past quarter, although Coinbase warned against expecting that to continue as it lowered its expectations for the coming year. […]

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Richter hired by Greatland Gold in newly created role Greatland Gold (LON:GGP) confirmed the appointment of Otto Richter as Group Mining Engineer effective from Monday 16 August 2021. Richter comes to the role with over twenty years of experience in international mining and consulting roles. He has held key technical and operational positions with multiple […]

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Heathrow is pressing for UK travellers to go to America without restrictions Heathrow airport reported an increase in passenger numbers in July, while urging America to ease its restrictions on passengers travelling from the UK. During July, Heathrow dealt with 1.5m travellers, a 74% increase on the same month a year before, although the number […]

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China will keep its hawkish stance over the medium-term in order to protect the quality of growth China is set to release key economic data, including its GDP figures and inflation, which will give investors a better idea of where the world’s second largest economy stands. Analysts have suggested that the its growth could reach […]

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Deliver Share Price The Deliveroo share price (LON:ROO) jumped up by nearly 10% on Monday morning, after it was reported that German rival Delivery Hero acquired a 5.09% stake in the company. It was up by another 7% on Tuesday as news emerged that the London-listed food delivery company poached a leading technology executive from […]

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Family and friends are the first port of call for information on investing in crypto The number of people in the UK investing in cryptocurrencies has surged to 2m. Research has revealed that over a third of those British investors do not have a full understanding of how cryptocurrencies function. A survey put together by […]

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Barclaycard noted that pent-up demand from lockdown appears to be cooling off Consumer spending rose by 11.6% in July, compared to the same period in 2019, as improved weather and the easing of restrictions led Brits to get their wallets out, according to the Barclaycard report. More specifically, the entertainment sector saw growth for the […]

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EMK Capital, a UK-based private equity fund, will now take a majority stake in Outright Rockpool, the UK private equity firm, has confirmed the sale of Outright Games Limited from its portfolio, generating an ‘exceptional’ 12.7x net return to equity investors. In 2016, Rockpool took a majority stake in Outright, the video game publisher, provided […]

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The FTSE 100 was up, then down, early on Tuesday morning as the index struggled for direction. Having lost 0.12% at the time of writing, “investors weighed a weak session on Wall Street overnight and slowing growth in UK consumer spending,” says AJ Bell financial analyst Danni Hewson. “With the flood of big companies reporting […]

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Supply of new models remains low on shortage of semiconductor chips The UK’s used car market boomed during Q2 of this year, according to numbers released on Tuesday by the Society of Motor Manufacturers and Traders (SMMT). In its second best quarter ever, the market grew by 108.6%. Over the past three months 2,167.504 used […]

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Flutter Entertainment’s pre-tax profit rose by as much as 221% to £77m Flutter Entertainment (LON:FLTR), the parent company of Paddy Power, Sky Bet and others, announced it had increased its profits for H1 as the company exceeded its expectations. The FTSE 100 group’s pre-tax profit rose by as much as 221% to £77m. Flutter Entertainment’s […]

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Castillo Copper (LON:CCZ), the copper-focused metal explorer across Australia and Zambia, confirmed on Tuesday that all logistics are ready for drilling to commence at the prime Arya Prospect in September. In addition, Castillo’s geophysicist consultant has re-interpreted historical aero-electromagnetic and electromagnetic data, which shows the 130m-thick EGO1 anomaly is shallower than initially estimated and verifies […]

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Virgin held talks with City investors over the weekend Reports are circulating that Virgin Atlantic is in talks with institutional investors over the possibility of a float on the London Stock Exchange. Having first launched in 1984, Virgin Atlantic could be set to earn £160m as it positions itself for an IPO. At present, the […]

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Zephyr Energy Share Price The Zephyr Energy share price (LON:ZPHR) jumped by 10.18% on Monday as the company provided an update from the Paradox basin, Utah. It is the latest spike in what has been a volatile past two months for the oil and gas exploration company. However, over the past six months, the performance […]

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The amendment would specifically pose a threat to Ethereum The bitcoin price has reached its highest point in nearly three months as the cryptocurrency staged recovery over the past few weeks. At the time of writing, the price of bitcoin is at £32,968, having been close to £21,000 just three weeks ago. Other cryptos have […]

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Hargreaves Lansdown says the pandemic brought about a generation of lockdown investors The Hargreaves Lansdown share price fell by more than 11% on Monday morning as the investment platform warned the pandemic-induced boom in trading may not be here to stay. The FTSE 100 company added that the pandemic has, however, brought about a generation […]

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ORIT’s investment entitles it to around a 12% interest in Simply Blue Holdings Octopus Renewables Infrastructure Trust (ORIT) confirmed on Monday that it has invested €7.5m (£6.4m) into Simply Blue Holdings Limited. Simply Blue Holdings Limited is the parent company of the Simply Blue Group (SBG), a developer of sustainable marine projects focused on floating […]

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The FTSE 100 is down by 0.31% during the morning session on Monday after weak Chinese trade figures and with few other company or economic updates to funnel sentiment in any particular direction. ““Much of the action centred on the M&A arena. Tobacco giant Philip Morris launched a hostile takeover bid of more than £1 […]

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Ocado said that having the opportunity to work abroad was commonly requested at townhall meetings Employees at Ocado (LON:OCDO) have been told they are allowed to work from any location in the world for one month per year as the company looks to adapt its practices to the post-pandemic world. Thee groceries delivery company devised […]

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Over the course of the last month, gold is down by 5% Gold prices fell to their lowest point in four months on Monday morning as rumours fly that the Fed could be set to raise interest rates sooner than anticipated. After gold went below $1,750, it triggered a stop loss sale, bringing it down […]

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Brent crude has risen to around $70 per barrel after OPEC+ agreed to cut oil production Aramco, the Saudi Arabian energy giant, saw its profits surge by nearly 300% thanks to an increase in the price of oil as demand recovers across the world. The company, which is one of the biggest in the world, […]

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943,000 jobs added to US economy in July The unemployment rate in America fell to 5.4% on Friday as the US labour markets saw an additional 943,000 jobs in July. The news comes as a signal that worker shortages that have hindered the US recovery are beginning to ease. The non-farm payroll data far exceeded […]

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Airline Industry The Ryanair share price (LON:RYA), €16.82 at the time of writing, is set to close in the black for the third week in a row. The recent upwards move follows a positive set of results from the company and a brightening of the outlook of the airline industry more generally. However, while the […]

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It is the largest rises in energy bills in over a decade Energy bills for as many as 15m homes will increase by at least 15% from October as record-high gas costs mean the price cap will be lifted. Ofgem, the gas and electricity markets regulator, said that 11m households on standard tariffs will see […]

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A number of key markets in Europe and Asia were quiet on Friday, with the FTSE 100 slipping 0.0056% to 7,120 and Asian stocks gave away ground. “US non-farm payroll figures could put a bit of life in the markets later today, with forecasts for 925,000 jobs to have been added in July and unemployment […]

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Changes to the stamp duty holiday came into effect last month Average UK house prices rose in July by 7.6% compared to the year before, however, the rate of growth has slowed down. This is according to Halifax, the mortgage lender, which said that the average property price is now at £261,221. The July figure […]

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CyanConnode has signed a number of important partnerships CyanConnode (LON:CYAN), the IoT technology innovator, confirmed on Friday that its operating loss for the financial year to March 2021 narrowed by 57% to £2.7m. However, CyanConnode’s revenue jumped to £6.4m from £2.5m a year prior. The board of the company remains optimistic regarding its outlook approaching […]

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Investors are also unclear about China’s policies in dealing with the pandemic Asian stocks gave away ground on Friday due to the spread of the Delta variant of the coronavirus raising concerns over the country’s economic recovery. The move came as US stocks posted strong gains. Investors are also unclear about China’s policies in dealing […]

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Saxo, the online trading platform, revealed that its top performing equity-themed basket in July was ‘Cyber Security’, returning 5.1% last month. An equity basket, according to Saxo, is a collection of stocks thematically identified by the company’s analysts to isolate an area of the market and act as inspiration for investors. However, July was broadly […]

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Rolls-Royce Share Price The Rolls-Royce share price (LON:RR) is up by 3.46% on Thursday as the engineering company confirmed it returned to a profit. Unless there are some dramatically unforeseen circumstances, the Rolls-Royce share price will close out its third consecutive week in the black on Friday evening. The Rolls-Royce share price has struggled throughout […]

The post Rolls-Royce share price well positioned to take off again as travel sector recovers appeared first on UK Investor Magazine.

MPC says inflation is likely to reach 4% towards the end off 2021 The Bank of England confirmed on Thursday that there may need to be some “modest tightening of monetary policy” over the next two years in order to minimise the potential impact of high inflation. The Monetary Policy Committee (MPC) said that inflation […]

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Prime Minister Boris Johnson and Chancellor Rishi Sunak have penned an open letter calling on UK pension schemes to spur a UK ‘investment big bang’. The duo issued a call with the aim of igniting “an Investment Big Bang” that would “unlock the hundreds of billions of pounds sitting in UK institutional investors”. Johnson and […]

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Building materials have generally increased by 10 to 15% this year The construction sector could see a 10% rise in the cost of materials over the next year as it tries to keep apace with demand for new homes and infrastructure. A survey conducted by RICS, the Royal Institution of Chartered Surveyors’, of around 500 […]

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Thursday appears to be a calm day for markets as investors look to the Bank of England to confirm how and when it will begin tapering stimulus measures. The FTSE 100 is up by 0.048% to 7,127.30 with strength in utilities and real estate being offset by weakness in miners and consumer non-cyclicals. “WPP was […]

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Uber share price under pressure during after-hours trading Uber (NYSE:UBER) confirmed last night that its losses surpassed expectations as the company stepped up its efforts to entice drivers back to the platform. However, the online taxi service is regaining some of its momentum following the pandemic, as its revenue more than doubled compared to a […]

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Ashley plans to remain on the board as an executive director Mike Ashley, the founder of Sports Direct, has announced that he will be stepping down from his position at the head of the company. Ashley also confirmed that he will be passing the baton on to his son-in-law-to-be. Discussions are underway for Michael Murray […]

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Savills earned 36.4p per share, up from 3.9p the year before Savills (LON:SVS) revealed on Thursday that its profit soared during the first half of the financial year, as demand for its transaction advisory services rose to record-highs. The company’s pre-tax underlying profit rose by £52.9m, from £13.2m a year ago, to £66.1m. The company’s […]

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Miton Global (LON:MIGO), the deep value and special situations fund, is significantly outperforming its benchmark so far in 2021. The ‘Premier Miton UK Value Opportunities’ fund has returned 21.8% year-to-date, exceeding its benchmark, the FTSE All Share index, by 10.1%. The strong returns come amid a challenging environment for investors, as uncertainty plagues the world […]

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88 Energy Share Price The 88 Energy share price is flying on Wednesday as the oil company provided a field update. At the time of writing, the 88 Energy share price has added 18.49%, bringing its value to 2.87p. The move caps an outstanding week or so for the AIM-listed company, which made gains following […]

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Ether is up by 2.76% over the past 24 hours on Wednesday ahead of a technical adjustment to the Ethereum blockchain that will change the way transactions are processed. The transition will come into effect on Thursday, according to Reuters, slightly behind the initially planned date. The upgrade will technically have taken place once the […]

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Toyota did not upgrade its forecasts for the year Toyota (LON:TYT) posted on Wednesday a record $8.2bn profit for Q1 in a show of the car company’s robustness in the face of the challenges posed by the pandemic. For the same period a year ago the company recorded a profit of $127.4m. Its quarterly sales […]

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Rolls-Royce will keep €110m from the deal Rolls-Royce (LON:RR) has struck an agreement to sell Bergen Engines, its Norwegian maritime engine business, to Langley Holdings, the UK engineering group, for €63m (£53.6m). Rolls-Royce will keep €110m (£93.6m) as part of the agreement, €70m from the deal, as well Bergen’s current €40m cash holding. Bergen employs […]

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Recent rise of the Delta variant in China is causing concern Data emerging from China revealed that the nation’s service sector growth sped up in July, reaching its highest level since May. However, the ongoing spread of the Delta variant of the coronavirus remains a concern and is posing a threat to a full recovery. […]

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The FTSE 100 continues to fight back after a sell-off in mid-July, rising by 0.28% to 7,126 during the morning session on Wednesday. “If it can break the 7,217 intraday high seen on 16 June, then the index would be trading at levels not seen since February 2020 when global markets started to crash as […]

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Ryanair recently announced a recruitment drive for cabin crew for its UK bases Ryanair, the budget UK airline, released figures for its flight traffic on Wednesday, proving that travellers leapt at the opportunity to go abroad in July as restrictions on travel eased. 9.3m passengers took Ryanair flights during July, more than double the 4.4m […]

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Taylor Wimpey revenue surges by 191.1% to £2.1bn Taylor Wimpey (LON:TW), the homebuilder, has constructed a record number of homes over the past half-year, boosting the company’s revenue levels in the process. Over the last six months the FTSE 100 company completed 7,303 homes, a substantial increase from 2,771 during the same period a year […]

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Spot gold fell 0.11% to $1,810.74 Gold prices held steady on Tuesday, while the dollar was also subdued, as investors await US non-farm payroll data due this week. Spot gold fell 0.11% to $1,810.74 per ounce by 1534 GMT. Senior officials at the Federal Reserve suggested that it could start to reign in its support […]

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Argo Blockchain Share Price The Argo Blockchain share price (LON:ARB) is down by 3.47% on Tuesday as the bitcoin miner provided an operational update for July. Over the past five days of trading, the Argo Blockchain share price is hovering around the 130p level. It remains some way off its all-time-high of 284p reached in […]

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European stocks are currently best positioned to outperform the global equity market. That is the view of professional investors, ranging from pension, investment and hedge funds, according to data from Best Block and a Citigroup survey. For years, US securities have been known to outperform broad indices, however, there may well be a changing of […]

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Major banks each have Price-to-Book ratio below one Standard Chartered bank (LON:STAN) has reported a larger-than-expected increase in profits in the first half of the year, resumed interim dividend payments and confirmed a $250 million share buyback. Thanks to an improvement in bad loans and the recovery from the coronavirus pandemic, Standard Chartered saw its […]

The post Standard Chartered aligns with other major banks with new buyback and dividend appeared first on UK Investor Magazine.

Trident welcomes Paul Smith to the board as Non-Executive Chair Trident Royalties (LON:TRR) released its Q2 operating results on Tuesday, bringing attention to a number of projects in which it has royalties. In addition to asset level progress, the second quarter saw significant board changes and the strengthening of Trident Royalties’ balance sheet. Trident’s asset […]

The post Trident Royalties provides update on royalties with Q2 activities report appeared first on UK Investor Magazine.

The FTSE 100 rose 0.35% to 7,106 on Tuesday morning, led by BP swinging back into profit for its half year. “While there was the long-awaited news of a share buyback, confirmed at $1.4 billion, some investors may be disappointed at the paltry rise in the dividend. BP nudged up the shareholder payout by 4%, […]

The post Fears over Chinese regulatory interference aren’t going away as BP leads the way on the FTSE 100 appeared first on UK Investor Magazine.

Domino’s is expecting its sales to slow down during the later stages of 2021 Domino’s Pizza saw its sales more than double over the past half-year thanks to “strong trading” levels in the UK and Ireland. The food delivery company made a profit before tax of £41.3m for the six months ending in June, up […]

The post Domino’s profits surge on firm’s improving digital capabilities appeared first on UK Investor Magazine.

BP made an underlying profit of $2.8bn for the quarter to June BP (LON:BP) raised its dividend and committed to buying back shares after its Q2 profit surpassed expectations as oil prices rose and demand recovered. BP will give shareholders $1.4bn (£1bn) through share buybacks, while it will increase its dividend by 4% a year […]

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Greggs recorded an underlying pre-tax profit of £55.5m for H1 Greggs (LON:GRG) said on Tuesday that its profit will be ahead of expectations as the baker moved back into the black during the first half of the year. The announcement came about thanks to a strong recovery in sales following the easing of restrictions. The […]

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Kanabo Share Price The Kanabo share price (LON:KNB) is up by 6.68% on Monday after the medical cannabis company enjoyed a mini-surge over the past few days. The last five days saw the Kanabo share price rise by 28.06%. It came following a broad sell-off in cannabis stocks, which led to the Kanabo share price […]

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Barratt Share Price The Barratt share price is up by 1.05% on Monday after the homebuilder found some momentum during the second half of July. Despite a fall in June, the Barratt share price has performed well over the past 12 months, thanks to its strong fundamentals and a booming housing market. As the stamp […]

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The monthly purchasing managers’ index decreased to 50.3, down from 51.3 in June China’s manufacturing growth eased in July to a 15-month low while demand for exports slowed down as factories struggled to cope with supply issues, according to the China General Manufacturing PMI. The monthly purchasing managers’ index decreased to 50.3, down from 51.3 […]

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Sandstone has achieved returns of 28% per annum, over the past 25 years Sandstone, a UK-based private property investment company has launched the Sandstone Residential REIT, focused on traditional residential property across ten cities in the UK. The trust will allow a host of entities, including family offices, fund managers and private clients with SIPPS […]

The post Sandstone launches new REIT fund fuelled by property market growth appeared first on UK Investor Magazine.

Meggitt shareholders will stand to earn 800p per share, a 71% premium on last week’s close Meggitt, the British aerospace company, has agreed a takeover deal from Parker Hannifin, its American rival. It is the latest in a string of approaches for UK-listed companies from buyers based overseas. If the deal goes ahead, Meggitt shareholders […]

The post Meggitt agrees £6.3bn takeover by US tech company Parker-Hannifin appeared first on UK Investor Magazine.

The FTSE 100 is up by 0.98% to 7,100.99 during the morning session on Monday amid a new wave of takeover activity. The FTSE 250 hit a new record high of 23,305 as its cohort of mid-cap stocks is seen to be better hunting ground for takeover targets than the large cap FTSE 100 index. […]

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Byrne is a petroleum geologist with over 40 years’ experience in the industry 88 Energy (AIM:88E) announced on Monday that Philip Byrne has been appointed as Non-Executive Chairman and to the board of the oil exploration company. Byrne will replace Michael Evans, who retired after seven years in the role. The new 88 Energy Non-Executive […]

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HSBC’s pre-tax profit reaches $10.8bn (£7.8bn) HSBC confirmed on Monday its decision to pay an interim dividend after its pre-tax profit surged to $5.1bn during Q2. The FTSE 100 bank continued to cancel provisions made in order to cover credit losses during the pandemic as it saw an improvement in the economic outlook. HSBC’s profit […]

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Spain accounted for fewer than 2% of Deliveroo’s overall sales in H1 2021 Deliveroo (LON:ROO) is weighing up the possibility of ceasing its services in Spain because of the high costs involved in operating in the country. The food delivery company added on Friday that it may seek to focus its resources on other markets […]

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CPI reached 2.2%, surpassing expectations EU GDP surpassed expectations of 1.5%, reaching 2% for the quarter gone, according to Eurostat. Among the EU nations for which data are available for Q2 2021, Portugal, up by 4.9%, recorded the highest increase compared to the quarter before. Consumer price index (CPI), a measure that examines the weighted […]

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In recent years budgets have been postponed until March due to unprecedented events Rumours are circulating that chancellor Rishi Sunak will delay his budget until 2022. The speculation came after Sunak asked the Office for Budget Responsibility (OBR) to prepare an economic forecast to be put to parliament at the end of October. It is […]

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Friday appears to be a downbeat finish to the week and month for markets in the UK and abroad, as the FTSE 100 gave away 0.8%, falling to 7,022 points. “It’s looking like a soggy end to July both in meteorological terms and with the markets as so-so numbers from Amazon and a sell-off in […]

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The loan provides ‘operating flexibility‘ says Cineworld CEO Cineworld (LON:CINE) confirmed on Friday that it will receive £143m in loans to help secure its finances as the company looks ahead to a busy period of film releases for the remainder of 2021. The FTSE 250 company’s loan was agreed with already existing lenders and will […]

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UK government set for bumper payout from NatWest NatWest will return more than £3bn to shareholders via dividends and share buybacks over the coming years, as the FTSE 100 bank swung into the black on the back of the brightening outlook of the UK economy. The banking giant made a £1.6bn profit before tax for […]

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IAG will not provide a profit guidance because of the uncertainty surrounding restrictions IAG, the owner of British Airways, confirmed on Friday that it fell to a €2bn (£1.7bn) H1 loss as travel restrictions continue to work against the airline. The firm flew at a capacity of 21.9% during Q2, while it is expecting this […]

The post IAG makes £1.7bn loss in H1 as airline expects to double its capacity over next period appeared first on UK Investor Magazine.

Fresnillo Share Price The Fresnillo share price (LON:FRES) is up by 6.55% over the past five days as the FTSE 100 company divulged some positive news. The move comes on the back of a sustained downturn in the Fresnillo share price, particularly since November 2020 onwards. This was in part down to the fact that […]

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Anglo American Share Price The Anglo American share price (LON:AAL) is up by 4.91% during the afternoon session on Thursday as rising commodity prices helped the miner record its best H1 profits in its over 100-year history. Today’s movement is a continuation of a mini-surge over the past five days which has seen the FTSE […]

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Fed Chairman Jerome Powell said risks to economic outlook remain The Federal Reserve said on Wednesday that the economy is making forward progress thanks to the continued vaccine roll-out. Continuing to toe the line that inflation is mostly transitory, the Fed also kept its interests rates close to zero. The US central bank said that […]

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AstraZeneca acquires rare medicines business Alexion AstraZeneca (LON:AZN) saw its revenues surge during H1 thanks to its development of new medicines and sales of its coronavirus vaccine. The pharmaceutical company made $1.2bn in sales from the vaccine over the six month period ending in June, rising from $275m in Q1. It has been suggested that […]

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Lloyds resumes dividend as profits bounce back Lloyds (LON:LLOY) confirmed on Thursday that it swung to a H1 profit, as well as announcing an interim dividend. The news comes as the FTSE 100 bank is being supported by a surge in home buying and an improving economic outlook in the UK. Lloyds’ update closely follows […]

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The FTSE 100 advanced 0.65% to 7,062 on Thursday, with the top riser being ratcatcher Rentokil after it said its core businesses had all returned to growth. “The UK market saw investors flock to stocks that would benefit from economic expansion, principally commodities producers and banks,” says Danni Hewson, financial analyst at AJ Bell. More […]

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Everyman used the closure period to upgrade its facilities and improve its customer experience Everyman Media Group (LON:EMAN), the independent cinema company, confirmed on Thursday that the business returned to a profit following its re-opening. Admissions in the period since re-opening until 1 July reached 66% of 2019 levels, ahead of director expectations. This is […]

The post Everyman Media Group poised for strong recovery appeared first on UK Investor Magazine.

Diageo increased its dividend by 5% Diageo (LON:DGE), the alcoholic beverages company, confirmed on Wednesday that its net sales rose by 16% on an organic basis to £12.7bn. The company, which makes Smirnoff, Guiness and Gordon’s, saw growth in all regions, which it put down to its downturn in sales during the pandemic. Diageo’s underlying […]

The post Diageo poised for return of nightclubs but warns of volatility ahead appeared first on UK Investor Magazine.

Facebook revenue surpasses analysts’ expectations for the quarter Facebook (NASDAQ:FB) on Wednesday revealed that it expects its revenue growth to slow “significantly” in H2 of 2021. During the three months to 30 June the social media company’s revenue rose to $29bn (£21bn). The figure was up from $18.69bn compared to the same period a year […]

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Barclays Share Price Barclays (LON:BARC) topped the FTSE100 on Wednesday after its quarterly numbers sounded the right notes with news on dividends, share buybacks and a greater than expected release of provisions set aside to cover any potential loan losses relating to Covid. During the afternoon the Barclays share price is up by 3.74%, bringing […]

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Helium One Share Price The Helium One share price (LON:HE1) is up by 18.04% over the pst five days as the helium exploration company revealed some positive news regarding drilling results. The Helium One share price has been on an outstanding run since the beginning of the year, adding 223.1% in the period. Following a […]

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Just after lunchtime on Wednesday cable stands at $1.3869 The pound has sharply risen against the dollar over the past five days, with a big move coming yesterday afternoon. Covid cases fell in the UK, allowing the pound to win back some gains, while orders for durable goods fell short of Wall Street’s expectations, giving […]

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Oakley Capital Investments (LON:OCI) confirmed its portfolio strength drove an 11% NAV uplift as the investment company released a trading update for the six months ending in June 2021. NAV Growth Oakley Capital Investments’ (OCI) unaudited NAV at the end of June was £804m, amounting to a NAV per share of 445p. The total NAV […]

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Concern’s remain over ITV’s advertising revenue streams in the long-term ITV (LON:ITV) confirmed it received its highest advertising revenues in its near 70-year history as the UK broadcaster emerged from the coronavirus pandemic. The increase came about thanks to a combination of the Euro 2020 football championships, Love Island and the easing of lockdown restrictions. […]

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The FTSE 100 crept above 7,000 as UK markets opened on Wednesday, with strength among UK-facing banks offset by weakness in miners and pharma stocks. “Barclays topped the FTSE risers after its quarterly numbers sounded the right notes with news on dividends, share buybacks and a greater than expected release of provisions set aside to […]

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Santander’s revenue during Q2 rose by 6% to €11.3bn Strong demand for used cars in the US and homes in the UK allowed the Spanish Banco Santander to secure a strong increase in its Q2 profits. For the second quarter ending in June the banking giant reported a net profit of €2bn, compared to a […]

The post Santander boosted by strength of used car sales in US and UK housing market appeared first on UK Investor Magazine.

Music Magpie posted a pre-tax profit of £4m for the six months ending in May Music Magpie (LON:MMAG), the technology reseller, confirmed on Wednesday that its revenue and profit rose in it’s first interim results since its IPO in April. The retailer posted a profit before tax of £4m for the six months ending in […]

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Alphabet’s operating profits more than tripled to $19.4bn Google owner Alphabet (NASDAQ:GOOGL) announced record-breaking Q2 revenues on Tuesday evening as the firm continued to benefit from the pandemic. Alphabet far exceeded its expectations, recording second quarter revenues of $61.9bn, up 62% compared to the same period a year ago. The jump reflects a rise in […]

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Apple’s operating profits increased by $11bn to $24.1bn Apple (NASDAQ:AAPL) profits soared as the world economy comes away from the pandemic that served to benefit major technology companies last year. Q3 net sales rose by 36% to $81.4bn compared to the year before, while each location reported record levels of revenue. Apple outperformed market expectations […]

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TomCo share price The TomCo share price (LON:TOM) is up by 2.86% on Tuesday as the oil exploration company made an announcement regarding its proposed project in Utah. It is welcome news for the TomCo share price following a challenging month, as oil prices fell on OPEC+ negotiating its policy towards the commodity. However, the […]

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Tullow Oil Share Price Tullow Oil (LON:TLW) enjoyed a strong start to 2021, as demand picked up and OPEC+ kept its hand firmly on the supply of oil. However, the last month has seen a downturn in the Tullow Oil share price, falling by 20.8%. While the fate of oil over the remainder of the […]

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Zoopla says the average price of a property is now £230,700 UK house prices reached a new high last month, 30% above the peak prior to the 2008 financial crisis, according to property website Zoopla. Zoopla also said that the average price of a property is now £230,700, 5.4% higher than June 2020. The move […]

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The FTSE 100 is down by 0.92% during the morning session on Tuesday as Reckitt delivered a disappointing trading update, in addition to weakness among mining stocks. “It’s no surprise to see Unilever fall in sympathy with Reckitt as investors are likely to be questioning the true defensive characteristics of these consumer goods companies. Yes, […]

The post FTSE 100 feels the pressure from all angles on Tuesday appeared first on UK Investor Magazine.

Moonpig made an adjusted profit before tax of £92m Moonpig confirmed on Tuesday that both its annual sales and profits have doubled as the greetings cards company released its first set of results since its IPO in February. The company said it benefited from an increase in spending during the pandemic. Moonpig‘s revenue climbed to […]

The post Moonpig sales and profits double thanks to pandemic appeared first on UK Investor Magazine.

Tesla delivers a record 200,000 cars to customers Tesla (NASDAQ:TSLA) has revealed that its profits surged during the last quarter, despite supply problems caused by shortages of semiconductor chips among other issues. During the previous quarter ending in June, its sales rose to £8.6bn, up from £4.3bn the year before. Over the same time period […]

The post Tesla profit soars as car sales boom despite chip shortages appeared first on UK Investor Magazine.

Reckitt made £6.5bn in revenue over the past six months Reckitt (LON:RKT), the FTSE 100 consumer goods group, confirmed the impact of inflation on its Q2 results as commodity costs rose sharply. The manufacturer of Dettol and other such cleaning products said its sales slowed down as the high levels of demand seen at the […]

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Quantum Blockchain Technologies Share Price The Quantum Blockchain Technologies share price has soared by 40% on Monday as the crypto market staged a rally. Over the past month the crypto-focused company, listed on the AIM market, is now up by 22.5% per share to 1.20p. Investors will be hoping it is the beginning of a […]

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Scottish Mortgage Investment Trust Share Price The Scottish Mortgage share price is down by 0.87% following a further crackdown by China on its technology sector which caused a drop in the share price of Tencent, one of the fund’s prominent holdings. The set back comes as Scottish Mortgage was beginning to establish some momentum following […]

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The price of bitcoin surged by 11.07% overnight, reaching its highest point in over one month, above £28,000. It follows a reversal in the crypto market to a more bullish sentiment following mass sell-offs across April, May and June. Bitcoin’s rally coincided with other cryptocurrencies, including Ether, up by 8.14% in the past 24 hours, […]

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Monument Therapeutics will focus on applying digital biomarkers to neuroscience drug development Monument Therapeutics, the stratified medicine company, confirmed on Monday that it has raised £2.625m in seed funding to spin out of Cambridge Cognition. The new company’s focus will be on applying digital biomarkers to neuroscience drug development with the aim of matching patient […]

The post Monument Therapeutics raises £2.625m in seed funding from o2h Ventures appeared first on UK Investor Magazine.

Heathrow expecting pent-up demand for holidays to bring passenger levels up to 21.5m people in 2021 Heathrow Airport has called upon the UK government to open travel to to passengers who have been vaccinated as its pandemic-induced losses reached £2.9bn. Prior to the pandemic, Heathrow was one of the busiest airports in Europe. However, during […]

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The FTSE 100 faltered on Monday morning, down 0.4% to 6,9931, after mixed trading in Asia overnight linked to a further crackdown by China on its technology sector. “This set a downbeat tone to what could be a defining week for the markets as some of the biggest US companies report their second quarter earnings […]

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Castillo Copper share price well down during morning session Castillo Copper Limited (LON:CCZ) confirmed on Monday that the initial assays for drill-holes BO_315-317RC returned up to 9.19% Cu and verified extensions to known mineralisation at the Big One Deposit in Mt Isa’s copper-belt. Additionally, visual inspection of samples from drill-holes BO_322-27RC identified further copper mineralisation, […]

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Ryanair posted a €273m loss for the quarter between April and June Ryanair (LON:RYA) confirmed a sharp rise in bookings while the low budget airline raised its forecast for passenger numbers over the coming year as travel restrictions are being eased across the continent. However, the Irish company posted a €273m loss for the quarter […]

The post Ryanair raises forecast for passenger numbers amid heavy Q1 loss appeared first on UK Investor Magazine.

Vietnam Holding (LON:VNH), the closed-ended fund that invests in high-growth companies in Vietnam, is celebrating its 15th anniversary today. The London-listed investment trust, launched in 2006, has followed the Southeast Asian nation through its astonishing transformation since its inception. History The fund got off to a strong start in 2006, however, it was soon greeted […]

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IHS Markit UK composite PMI dropped to 57.7 in July UK private sector growth is at its lowest point in four months, a survey by IHS Markit revealed, while staff shortages dragged on the economic recovery this month. A phenomenon being referred to as the “pingdemic” is causing a number of healthy workers to isolate […]

The post Worker shortages cause slowdown in UK recovery amid ‘pingdemic’ appeared first on UK Investor Magazine.

The move caters to high demand for environmentally friendly investments The Bank of England (BoE) revealed on Friday that it plans to buy new green gilts issued by the UK government later in 2021. The move is part of the central bank’s asset purchase programme, which considers the gilts to be the same as other […]

The post BoE to make green gilts eligible for QE appeared first on UK Investor Magazine.

IAG Share Price The IAG share price (LON:IAG) is down by 11.84% over the past month as ‘Freedom Day’ and the ongoing relaxing of restrictions failed to support the airline in a sustained way. IAG has struggled to gain any momentum since the middle of March, when its share price looked as though it might […]

The post IAG share price dives ahead of H1 results next week appeared first on UK Investor Magazine.

The pound was 0.25% lower against the dollar early on Friday morning Sterling dipped on Friday as retail sales surpassed expectations, while uncertainty remains over rising Covid-19 cases and the impact on the UK economy. The reaction was muted in the FX market “with both EUR and GBP trying to recover some of the losses […]

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UK retail sales up by 0.5% month-on-month Retail sales jumped in June, as football fans eat and drank their way through the Euro 2020 football championship, following a slump in May. The Office for National Statistics revealed on Friday that month-on-month retail sales in the UK rose by 0.5% between May and June. The figure […]

The post UK retail sales see resurgence in June, boosted by Euros appeared first on UK Investor Magazine.

At the end of a tumultuous week, the FTSE 100 has managed to recover from all the weakness and is on track to end the five-day session marginally ahead. Less than a couple of hours into the morning session the FTSE 100 is up by 0.76% to 7,021, having opened the week at 7008.9. “Investors […]

The post FTSE 100 set to end the week in the green appeared first on UK Investor Magazine.

Vodafone said much of its growth was down to growth in Europe and Africa Vodafone (LON:VOD) said its sales increased during the last quarter as its consumer and business operations saw improvements. While the telecommunications company is not yet at pre-Covid levels, it made €11.1bn during Q1. Upon the update by the company, the Vodafone […]

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Hotel Chocolat expects to see its sales jump as restrictions ease further Hotel Chocolat, the British chocolatier, has raised £40m in a recent share placement as it eyes a new digital-based strategy. The share placing, led by Peel Hunt and Liberum Capital, was reportedly oversubscribed. “The £40m growth capital raised today will be invested in […]

The post Hotel Chocolat raises £40m to support ambitious growth plans appeared first on UK Investor Magazine.

The announcement comes after the ECB raised its inflation target to 2% The European Central Bank (ECB) committed to maintaining its low interest rates on Thursday, in addition to buying bonds, in an effort to move the eurozone economy away from slow-moving inflation. Lagarde said in here press conference that the ECB will persist with […]

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The post BHP share price rises as miner strikes deal with Tesla appeared first on UK Investor Magazine.

The digital currency has now traded above the £23,000 mark for the last 24 hours Bitcoin climbed higher on Wednesday as Elon Musk made a series of revelations regarding his rocket company SpaceX, bitcoin and a potential u-turn by Tesla. The digital currency has now traded above the £23,000 mark for the last 24 hours […]

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Following a strong showing on Wednesday the FTSE 100 is more reserved today, up by 0.10% to 7,005 during the morning session. “The FTSE 100 was pausing for breath on Thursday having done its best to pick itself off the canvas after being felled by Covid and inflation concerns at the start of the week,” […]

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Greatland Gold says results from Growth Drilling continue to support the potential for resource expansion Greatland Gold (AIM:GGP) reported continued ‘excellent’ growth drilling results at its Havieron gold-copper project in the Paterson region of Western Australia. The AIM-listed company said drilling activities since the last update include new results from the Growth Drilling programme, which […]

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Unilever’s underlying sales rose by 5% during the quarter ending in June Unilever surpassed its expectations on Thursday with its Q2 sales growth which was helped by rising prices and its sales of ice-cream and teas. However, the soaring price of commodities could narrow its operating margin at the end of the year. This was […]

The post Cost pressures weigh on Unilever’s margin guidance appeared first on UK Investor Magazine.

NatWest chairman says London office culture will never be the same The UK Treasury is set to sell more of its stake in NatWest over the coming 12 months as it confirmed a trading plan to decrease its holding in the bank. NatWest was rescued by the government on the back of the financial crisis […]

The post UK Treasury reveals plan to sell-off more NatWest shares appeared first on UK Investor Magazine.

The offer on the table by Fortress stands at 254p per share Morrisons (LON:MRW) confirmed on Thursday that its shareholders will be able to vote on the proposed £6.3bn takeover from a consortium led by Fortress Investment Group on August 16. A court meeting and a general meeting will be held on August 16, it […]

The post Morrisons shareholders will vote on Fortress offer in August appeared first on UK Investor Magazine.

Hurricane Energy Share Price The Hurricane Energy share price (LON:HUR) jumped by 16.01% on Wednesday following news that Crystal Amber, the activist fund, raised its holding in the oil company above 25%. At the beginning of July, UK Investor Magazine reported that Crystal Amber had raised its stake by nearly 9% to 23.09%. At that […]

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Stoxx Europe 600 up by more than 1% on Wednesday A strong start to the week for American companies fed through to European stocks on Tuesday, as the FTSE 100 is up by 1.64%, closing in on the 7,000 marker. The Stoxx Europe 600, an index of European stocks, also rose by more than 1%. […]

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Bitcoin Price The price of bitcoin is up by 6.17% over the past 24 hours, moving above £23,000. The jump comes ahead of Elon Musk’s appearance at the “The ₿ Word” event, alongside Jack Dorsey of Square and Twitter, and Cathie Wood of ARK Invest. A week ago the bitcoin price was approaching £26,000, and […]

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Figures show that women make up 10.9% of senior employees at hedge funds UBS has launched a portfolio that only invests in hedge funds headed up by women. The move is a part of the Swiss investment bank’s wider efforts to focus on diversity and identify untapped potential within the industry. UBS’s launch of the […]

The post UBS launches ‘Carmen’ portfolio to invest in women-run hedge funds appeared first on UK Investor Magazine.

UK public sector net borrowing was recorded at £22.8bn in June UK public borrowing fell in June when compared to the same month a year ago, as the economic recovery allowed for reductions in spending and increased tax revenues. The figure for public sector net borrowing was recorded at £22.8bn in June, down from £28.3bn […]

The post UK government borrowing falls in June on reopening of UK economy appeared first on UK Investor Magazine.

Next’s sales jumped by 18% over the past 11 weeks to July 17 Next raised its profit guidance on Wednesday as pent-up demand for its clothes combined with periods of warm weather saw it easily surpass its sales forecast over the previous 11 weeks. The UK fashion retailer’s sales jumped by 18% over the past […]

The post Next share price surges as retailer lifts profit forecast on summer sales boom appeared first on UK Investor Magazine.

The FTSE 100 is up by 1.48% on Wednesday as the index sustained positive momentum for a second day in a row. At 6,986.27 points, the FTSE 100 is closing in on the 7,000 marker again. “Yesterday’s market rebound was welcome, but also raised questions as to whether it was a dead cat bounce,” said […]

The post Positive company news lifts FTSE 100 appeared first on UK Investor Magazine.

Netflix set to move into gaming Netflix fell short of its growth forecast during the previous quarter. The streaming company put the news down to a fall in interest following the lockdown, as well as pandemic-induced delays in production. The American company increased its overall number of subscribers by 1.54m, 0.21m short of what analysts […]

The post Netflix falls short of growth forecast as doubts loom over near-term outlook appeared first on UK Investor Magazine.

Royal Mail parcel volumes retreat as online boom eases Royal Mail (LON:RMG) revealed its parcel deliveries slowed during the previous quarter as the pandemic-induced boom in online sales lost some momentum. However, the parcel delivery company also suggests that the trend established during the pandemic is here to stay. Royal Mail’s revenue during the quarter […]

The post Royal Mail anticipates permanent shift to online sales appeared first on UK Investor Magazine.

Lloyds Share Price The Lloyds share price (LON:LLOY) is down by 7.68% during the afternoon session on Tuesday. It is the seventh day out of the last eight that the Lloyds share price has been in the red. However, despite the recent dip, it has been a solid 2021 so far the the FTSE 100 […]

The post Short-term uncertainty could hold back the Lloyds share price appeared first on UK Investor Magazine.

600 Group Share Price The 600 Group share price (AIM:SIXH) surged by 12.8% on Tuesday as the engineering company said its order book rose, while its trading levels during Q1 of fiscal 2022 were robust. It caps of a busy period for the 600 Group share price. During the first few months of the year […]

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CVS Group’s like-for-like sales jumped by 17.4% for the full year CVS Group revealed strong full-year sales and upgraded its profit guidance on Tuesday as demand for pets soared during the pandemic. The British vet’s like-for-like sales jumped by 17.4% for the full year, as the company opened more clinics with the easing of restrictions. […]

The post CVS upgrades profit expectations was momentum continues post-lockdown appeared first on UK Investor Magazine.

The policy risks being an ‘intergenerational raid’ National Insurance (NI) contributions look set to rise by 1% to fund long-term care reforms, according to reports. Boris Johnson is expected to make the plans public soon, in a move that could raise £10bn annually from both employers and employees. It implies that the employee NI rate […]

The post Sunak and Johnson to propose 1% National Insurance hike to fund social care reforms appeared first on UK Investor Magazine.

The FTSE 100 added 0.75% during the morning session on Tuesday as its mood picked up following an underwhelming start to the week. “Investors appear to have taken the view that yesterday’s global markets sell-off was overdone and now it is time to buy some of the stocks worst hit,” says AJ Bell investment director […]

The post FTSE 100 rebounds after brutal sell-off on Monday appeared first on UK Investor Magazine.

Apollo could be involved as part of the Fortress offer Apollo, the American investment company, has pulled out of the running to acquire Morrisons, as the firm changed its mind. This stops the possibility of a bidding war in its tracks, as Fortress stepped up its own efforts in recent weeks. Earlier this month Morrisons […]

The post Apollo pulls out of Morrisons takeover talks appeared first on UK Investor Magazine.

EasyJet records £318m pre-tax loss in Q3 EasyJet (LON:EZJ) will increase the number of flights it operates to 60% of the amount seen before the pandemic. The budget airline will run 1,400 flights per day between July and September. The British company also confirmed in a trading update that during Q3 it made a £318m […]

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BP’s proposal could lead to thousands of new green energy jobs BP (LON:BP) is pledging to invest £10bn to construct an offshore wind farm in Aberdeen in a move that could bring about thousands of new jobs. Along with its partner, German energy company EnBW, the UK oil giant made a bid for a lease […]

The post BP submits £10bn plan to build offshore wind farm in Aberdeen appeared first on UK Investor Magazine.

Sareum Holdings share price The Sareum Holdings share price jumped by 10.29% on Monday, at the time of writing, after the company confirmed it raised £1m courtesy of a high-net-worth individual to move forward its drug development programmes. The drug discovery and development company has been on an excellent run as of late, just recently […]

The post Investment to improve drug development boosts Sareum Holdings share price appeared first on UK Investor Magazine.

Sumo Share Price The Sumo share price (LON:SUMO) is soaring on Monday as news emerged that Tencent, the Chinese gaming giant, is set to takeover the British video game developer. The Sumo Group share price is up by 38.13% on Monday and now stands at 494.50p per share. It is a continuation of a strong […]

The post Sumo share price jumps as Tencent says it is buying UK video game developer appeared first on UK Investor Magazine.

Brent crude oil is down by 2.26% to $71.64 per barrel OPEC and its allies have reached an agreement to increase oil supply in an effort to keep soaring crude oil prices under control. The group will now pump an additional 400,000 barrels per day each month during August, increasing output by 2m barrels per […]

The post OPEC+ reaches agreement over deal to increase oil supply appeared first on UK Investor Magazine.

The average price of a UK home now stands at more than £338,000 The average price of UK homes coming to the market increased by 0.7% between the middle of June and early July, compared to the month before. It is the biggest rise in UK house prices for the time of year since 2007, […]

The post UK house prices rise again as homebuyers seek outdoor space appeared first on UK Investor Magazine.

Freedom Day, 19 July, is finally here, but the UK stock market is not in a celebratory mood. The FTSE 100 is down by 1.94% during the morning session 6,872.38, well below the 7,000 mark it worked so hard to get above earlier this year. “There is no ticker tape parade, cheers from the rooftops […]

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Edison Group continues its expansion following a successful year Edison Group, the international research and investor relations consultancy, confirmed on Monday that it has hired Paul Miller as CTO and Kelly Perry as head of ESG Client Services. Paul Miller specialises in technology solutions, data management, e-commerce, and business process improvements, as well as founding […]

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The Morrisons store is portable and can be transported to other locations Morrisons (LON:MRW), the British supermarket chain, has opened a shop without tills, where customers can pick up their shopping and walk out with no assistance. The store is a test of a new concept being developed by the supermarket, based close by to […]

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Shanta Gold says it remains on track to become a mid-tier gold producer in Africa Shanta Gold (AIM:SHG), the East Africa-focused gold producer, announced its production and operational results for the quarter ended 30 June 2021 on Monday. The update is regarding its East African assets, including New Luika Gold Mine (NLGM) and Singida Project […]

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Argo Blockchain Share Price The Argo Blockchain share price (LON:ARB) is surging on Friday following a prolonged slump that began in the middle of February. As rumours circulated on Twitter that Argo Blockchain will go ahead with a secondary listing on the Nasdaq, the bitcoin miner’s share price climbed, and is now up by 18.32% […]

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Cineworld Share Price The Cineworld share price (LON:CINE) soared on Friday in a move that looks to be straight out of the AMC playbook. In the middle of the afternoon session on Friday, as the week draws to a close, the Cineworld share price is up by 9.53% to 62.78p per share. It follows a […]

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The investment is aimed at tackling childhood obesity BEPPS Snacks, the London based start-up aiming at tackling childhood obesity, has secured a £400,000 investment from the Good Food Fund. In addition to the funding, BEPPS will get support and guidance from Missions Venture, a company that nurtures scalable challenger brands. BEPPS Snacks offer an innovative […]

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The primary reason for Membership Collective Group going public is to pay debt down Shares in the Membership Collective Group, the parent company of the private members’ club chain, Soho House, took a dive on Friday, a day after its debut on the New York Stock Exchange. At the time of writing, shares in the […]

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The FTSE 100 is up by 0.49% during the morning session on Friday to 7,046.11 as concerns over inflation are spreading across the world. “It feels like fears over inflation have returned with a vengeance this week as central bankers increasingly struggle to mask their own nervousness about rising prices,” says Danni Hewson, financial analyst […]

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The projected is expected to commence in 2022 GSK (LON:GSK) has set out plans to construct a new life sciences campus in the UK, one of the largest in Europe, as the pharmaceutical company attracted £400m of private investment. The FTSE 100 company will raise the money by selling land in Hertfordshire and then turning […]

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Aboriginal traditional owners continue to put pressure on Rio Tinto over their conduct on previous mining expeditions Rio Tinto (LON:RIO) is struggling to reach its full-year guidance for its iron ore operations as a weather conditions, a shortage of labour and ongoing cultural heritage management issues dragged on the miner’s performance. The FTSE 100 miner […]

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The board dismissed concerns over Burberry’s performance in China Burberry (LON:BRBY) sales surged back during Q1 of its financial year as its locations opened back up on the easing of restrictions. The luxury fashion brand also noted that it is attracting younger customers, thanks in part to its collaboration with model Kendall Jenner. Burberry’s revenue, […]

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Ramsden also said the UK economy could get back to its pre-pandemic level during the current quarter Inflation could reach by the end of 2021 according to the deputy governor of the Bank of England, who also said the central bank may have to consider ending its stimulus earlier than anticipated. In a speech about […]

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PureGym has all but regained its membership levels from before the pandemic PureGym, the leading gym chain in the UK, is weighing up an IPO as it seeks to expand its operations further. With the support of Leonard Green & Partners, the American private equity company, PureGym is examining the best ways for the company […]

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Asos Share Price The Asos share price (LON:ASC) dived by 16.7% (at the time of writing) on Thursday as the online fashion giant warned of uncertainty over its sales as the pandemic continues. Prior to today, the Asos share price moved sideways for the past few months, as it was unphased by the company’s H2 […]

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Oxford Capital and Doehler Ventures led round Bower Collective, the sustainable consumer goods business, confirmed on Thursday that it has raised £2.1m in seed stage fundraising. The round led by Oxford Capital and Doehler Ventures is aimed at accelerating the growth of the business, the company said in a statement, allowing packaging innovation and new […]

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According to the ONS there were 862,000 job vacancies between April-June The UK unemployment rate fell in the past quarter as the continued easing of lockdown restrictions is helping to bring on an economic recovery. The unemployment rate fell by 0.2% between March and May to 4.8%, while the rate of employment increased over the […]

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The FTSE 100 is up by 0.13% on Thursday to 7,100.2, as the UK index failed to push on over the last month. “If the FTSE 100 was a swimmer asked to tread water for as long as possible, it would score a gold medal. The market is stubbornly refusing to make waves and has […]

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Experian is now expecting its revenue growth to fall between 13% to 15% Experian (LON:EXPN) revealed its upbeat quarterly trading update on Thursday, putting its results down to a stronger than anticipated recovery. For the three months ending on 30 June, the FTSE 100 company saw its total revenue grow by 31% at actual exchange […]

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Avast share price soaring on Thursday following announcement Avast (LON:AVST), the UK-listed cybersecurity firm, confirmed it is in “advanced discussions” with NortonLifeLock over the possibility of a merger between the two companies. The acquisition of its rival signals Avast’s intent of consolidating its position in the competitive cybersecurity market. While Avast said that there is […]

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All seven drill-holes completed in the campaign so far have appeared to intersect copper mineralisation Castillo Copper (LON:CCZ), the metal explorer focused on copper across Australia and Zambia, on Thursday reported significant copper mineralisation from drilling at its Big One Deposit in the Mt Isa copper-belt district of north-west Queensland. The company said its latest […]

The post Castillo Copper provides update on ‘outstanding’ drilling results at Big One Deposit appeared first on UK Investor Magazine.

Phoenix Copper Share Price The Phoenix Copper share price (LON:PXC) increased by 16% on Wednesday as the miner made an announcement regarding its Deep Sulphide core drilling programme. The move follows what has been a volatile past six months for the copper miner, which has added 6.55% over the time period. Unlike most companies in […]

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UK average house prices now at £255,000 Following a dip in April, house prices jumped in May, according to data revealed on Wednesday by the Office for National Statistics (ONS). The average house price in the UK increased by 10% over the year to May, surpassing the 9.6% and 9.9% figures seen in April and […]

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Tim Rumney will take the place of Rob Peterson as CEO later in June Best Western Hotel (BWH) Hotel Group announced on Wednesday that CEO Rob Peterson, who joined the company in 2018, will leave his position. Tim Rumney will take his place later in June, having been chairman of BWH Hotel Group for the […]

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The total value of the properties acquired by Triple Point comes to £14m Triple Point Social Housing REIT (LON:SOHO) confirmed on Wednesday that it has completed the acquisition of ten supported housing properties. Triple Point exchanged contracts on an additional two properties, bringing the total to 56 units at a cost of around £14m. The […]

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Despite falling between May and June in recent years, the price of second-hand cars also increased UK inflation soared to 2.5% in June, well above the Bank of England’s target of 2%. It is at its highest level since August 2018, which could refocus attention on the Bank of England‘s policies aimed at stimulating the […]

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Markets have not been in a great mood of late, and Wednesday is no different, as the FTSE 100 is down by 0.44%, trading at 7,093. “Yesterday we saw similar erratic behaviour with the index falling and then trying to claw back towards the end of the day,” says AJ Bell financial analyst Danni Hewson. […]

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Kanabo’s supply, production, and distribution chain now fully operational Kanabo (LON:KNB), the medical cannabis company, confirmed on Wednesday that its medicinal cannabis cartridges will soon be available for UK patients. In a significant moment for the company, its first order has now been shipped and will arrive in the UK next week. Proactive reported that […]

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Barratt house building levels not yet at pre-pandemic levels Barratt (LON:BDEV), the homebuilder, is expecting its profits to exceed expectations amid a booming housing market. The housing sector has continued to reap the benefits from increased demand for housing and tax holidays. The homebuilder built 17,243 homes during the year ended in June 2021. It […]

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The merger will bolster AstraZeneca’s offering of cancer medicines AstraZeneca’s (LON:AZN) £28m bid for rival pharmaceutical company Alexion has been approved by the UK’s competition watchdog and is now expected to close in a week. The merger will bolster AstraZeneca’s offering of cancer medicines, the company confirmed, and became subject to a review by the […]

The post AstraZeneca gets all-clear for £27.5bn Alexion acquisition appeared first on UK Investor Magazine.

Economists had initially forecast that the rate of inflation would be 4.9% The rate inflation rose again last month, going against the Federal Reserve‘s notion that recent high levels of inflation are ‘transitory’. In June, the consumer price index increased by 5.4% year-on-year, the quickest rate since August 2008, and well above the 5% figure […]

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JPMorgan Chase (NYSE:JPM) released its Q2 financial results on Tuesday, setting a marker ahead of earnings week in the US. The banking giant confirmed its profit during the second quarter more than doubled, while its revenue also beat expectations. JP Morgan‘s net income increased to $11.95bn, up from $4.69bn compared to same period a year […]

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Some parents took an an extra job or postponed their retirement to support their children Parents give their children close to £3,000-per-year to help their grown-up children with the cost of living. According to a study by Equity Release Supermarket of 1,000 parents, with children who had left home, 75% of them continued to give […]

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The lack of tourism and people working from home remain concerns for retail firms UK retail sales rose at the quickest rate since records began during Q2, as restrictions were eased across the UK. Other factors, including the European football championships and pent-up demand gave an additional boost to figures which were released today. The […]

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H1 results season for banks will commence towards the end of July The Bank of England has removed the restrictions on bank dividends and share buybacks which were instated as a result of the pandemic. The central bank’s decision comes as it views the banking sector as robust enough to stomach any additional economic setbacks. […]

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The FTSE 100 started Tuesday in decent form after last night’s confirmation that England’s Covid restrictions will be lifted on 19 July. A couple of hours into the morning session the UK index is up by 0.21% to 7,140. “Sentiment is also boosted by the removal of the remaining restrictions on UK banks’ dividends, booming […]

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Phoenix does not expect to see its solvency or long-term free cash positions materially impacted by the transaction Phoenix Group Holdings (LON:PHNX) announced on Tuesday that it has entered into an agreement to sell Ark Life Assurance Company DAC to Irish Life Group Limited for a total €230m (£197m). The cash consideration is payable on […]

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Avayler confirms first customer Halfords (LON:HFD) confirmed on Tuesday its launch of Avayler, a new company offering Halfords’ software to streamline delivery for companies that operate in various locations. Avayler confirmed its first customer, American Tire Distributors (ATD), a leading supplier of tyres, as well as owner of online retailer Tirebuyer.com. The software was developed […]

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Rent collection sees improvement on easing of restrictions British Land (LON:BLND) confirmed on Tuesday that its rent collection from retailers has risen as its sites have reopened on the easing of lockdowns. The FTSE 100 company said it collected 99% of rent due from its offices last month. The land owner added that since the […]

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GoldStone Resources Share Price The Goldstone Resources share price (LON:GRL) is up by 10.63% on Monday, one of the top three performing companies on the AIM, as the miner gave an operational update in addition to agreements reached with creditors. The jump comes following a sharp dip in the middle of June, and means it […]

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Inflation could be causing the real value of savings to fall NatWest conducted research which found that the majority of parents and guardians in the UK who are setting aside money for their children, are doing so with cash. This could be damaging for their savings as their money may not grow in value, especially […]

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The outlook for the airline industry remains bleak Compared to the same period in 2019, consumer spending rose by 11.1% in June, as improved weather conditions and the easing of restrictions led to Brits socialising more and going on holidays within the UK. Barclaycard data revealed that spending on essential goods rose by 14.7%, the […]

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Plus 500 revenue for H2 to June 2021 recorded at $346m Plus 500 (LON:PLUS) said its trading levels had fallen back since the early period of the pandemic, while the company reported ‘positive momentum’. The fintech company’s revenue for H2 to June 2021 came in at $346m, compared to $564m over the same period of […]

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ASOS will retain operational and creative control ASOS (LON:ASC) confirmed on Monday that it has agreed to a joint-venture with Nordstrom, the American retailer, which will invest for a minority position in Topshop, Topman, Miss Selfridge and HIIT. The partnership is aimed at driving growth between the two brands, and generating new ideas in an […]

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The FTSE 100 is down by 0.46% to 7,089 on Monday. It could have been a lot worse given how investors’ nerves were tested last week with a big sell-off linked to concerns over the strength of the global economic recovery. “There is a repeat of the same stocks driving down the market – banks, […]

The post Economic uncertainty continues to hold back UK stocks appeared first on UK Investor Magazine.

NFCDC is a volunteer-led, not-for-profit, local, community initiative EQTEC (AIM:EQT), a gasification technology company, felt ‘obliged’ to clarify certain issues in relation to North Fork Community Power (NFCP) project based in California. Following a board meeting at the end of June, minutes from the meeting published onto the EQTEC website made claims with respect to […]

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Lloyds Share Price The Lloyds share price is up by 2.07%, as the FTSE 100 recovered from a wave of negative sentiment that knocked it over on Thursday. It is been a difficult period for the major bank over the past month, amid creeping uncertainty over the strength of the UK’s economic recovery, as the […]

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Deliveroo Share Price The Deliveroo (LON:ROO) IPO turned out to be a huge disappointment as shares plunged 26% on the company’s debut back in March. Investors at the time were concerned about what the food delivery company’s dismal stock market debut meant for its longer-term prospects. However, following a long period of sideways movement, the […]

The post A flurry of good news has put the Deliveroo share price on a better path appeared first on UK Investor Magazine.

The Biden administration is making an effort to hold China to account says Reuters The US has again moved against China as it looks set to add additional companies to its economic blacklist because it believes the Chinese government is implicated in human rights abuses. Up to 10 business could be added to the list […]

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The FTSE 100 added 0.75% on Friday, taking the UK index to 7,083, as it recovered from a wave of negative sentiment that knocked it over on Thursday. “What may spook investors is that usually the concerns have centred around either inflation or the risk of Covid-19 tilting the recovery off course,” said Russ Mould, […]

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Passengers must still take Covid-19 test three days before their arrival back in the UK and a PCR swab a day after they return Flight bookings departing the UK surged as the government announced fully vaccinated adults and their children will be able return from ‘amber’ countries without needing to quarantine from 19 July, airlines […]

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UK GDP rose by 0.8% in May Despite the renewed easing of lockdown measures, the UK saw its growth slowdown in May, as its recovery lost some momentum. The Office for National Statistics (ONS) revealed that UK GDP rose by 0.8% in May, well below its expectations of 1.5%. The figure for May is lower […]

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Land Securities confirmed that its Q1 dividend for the 2021/22 financial year will be 7p Land Securities (LON:LAND) gave an update on its rent collection for the quarter ending in June, confirming that the property development company has collected 81% of £103m it is owed. Most of the rent collected was from offices, with 95% […]

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The pandemic has been the ‘catalyst’ for widening AGM participation says Lumi CEO Virtual AGMs are becoming more normal and the phenomenon is resulting in surging levels of shareholder engagement. That is according to data released by Lumi, the regtech company. Lumi’s research found that 90% of AGM’s conducted, or set to be conducted, in […]

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The ECB had previously chosen to keep inflation below, but close to 2% The European Central Bank has revised its own inflation target to 2% and confirmed its willingness to let it surpass this level at times. The announcement gives chiefs at the central bank the ability to keep interest rates down for a longer […]

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England ended a 55-year wait to play in a major tournament final on Wednesday night, beating Denmark in extra-time at Wembley courtesy of a Harry Kane goal. The Three Lions will now face an Italy side that has also impressed throughout, getting past a resilient Spain team in its previous game en route to the […]

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Persimmon full-year dividend payment to come in at 235p During the first half of the year Persimmon’s (LON:PSN) sales went above levels seen before the pandemic as the company reaped the benefits from a booming housing market. The FTSE 100 company confirmed that its revenues came to £1.84bn during H1 of 2021, above the figure […]

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WH Smith sales are recovering as Covid-19 restrictions ease WH Smith (LON:SMWH) announced on Thursday that its sales are recovering as Covid-19 restrictions ease, causing the firm to raise its guidance for the full-year. Another reasons for its improved outlook is its acquisition of of a number of former Dixons stores. WH Smith bought 17 […]

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The FTSE 100 fell by 1.36% on Thursday to 7,053 with miners and banks the principal sectors weighing on the index. This suggests that investors have started to worry again about the strength of the economic recovery says Russ Mould, investment director at AJ Bell. “You know it’s a bad day when only six stocks […]

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Entain’s growth in the US hinges on regulation opening up on a state-by-state basis Entain (LON:ENT), owner of Ladbrokes, increased its expected earnings for the full-year as it confirmed its revenues increased during Q2 on the easing of Covid-19 restrictions. The FTSE 100 company said re-opened store volumes increased to just 10% below pre-pandemic levels, […]

The post Entain raises guidance as Brits return to bookies appeared first on UK Investor Magazine.

Seven 7 new B&M UK stores opened during the first quarter while four closed B&M (LON:BME) confirmed on Thursday that its revenue grew by 3.1% during Q1 on a constant currency basis. The variety store company delivered two-year like-for-like revenue growth of 21.3% compared to pre-pandemic levels of FY20. On a one-year basis, like-for-like revenues […]

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Toon will join in a non-board role and will begin on Monday 12 July 2021 Greatland Gold (AIM:GGP), the precious and base metals exploration and development company, announced the appointment of Christopher Toon as chief financial officer on Thursday. Toon will join in a non-board role and will begin on Monday 12 July 2021. He […]

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Arrival Share Price Despite previously flirting with the $20 mark, the Arrival share price is now at $14.93, down by 25.42% over the past month. The electric vehicles manufacturer has been on a relative dry spell following a series of announcements in the months following its stock Market debut in March, while investors’ interest appears […]

The post Arrival share price retreats following relatively quiet June for the EV manufacturer appeared first on UK Investor Magazine.

Cora Gold Share Price The Cora Gold share price (LON:CORA) is soaring on Wednesday, up by 37.50% heading into the afternoon session as the gold-focused company announced its latest drilling results. It is the first price move of such a sudden nature in approximately a year as the Cora Gold share price has been trading […]

The post Cora Gold share price flies after company discovers ‘world class’ intersection in Mali appeared first on UK Investor Magazine.

Evidence suggests that investing in emerging markets could deliver favourable returns and opportunities for greater portfolio diversification longer-term Goods and services from emerging market economies are vital to the every day lives of people across the UK. However, despite this being the case, UK investors are not actively investing in companies from these economies. This […]

The post Brits wary of investing emerging markets despite regularly using their goods and services appeared first on UK Investor Magazine.

A number of firms reported supply shortages The construction sector grew at its fastest rate in 24 years in June, as demand for new build homes and commercial property continued to soar. That is according to the latest PMI data, which closely follows the construction industry. The IHS Markit/CIPS construction PMI surpassed expectations, rising to […]

The post Construction sector growth at highest point in 24 years appeared first on UK Investor Magazine.

The average price of a home is now £260,358 House prices in the UK fell by 0.5% in June compared to the month before, according to Halifax, the mortgage lender. It is the first time since January that house prices dropped. The yearly rate of growth is down to 8.8% from 9.6% in May, which […]

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The FTSE 100 made ground during the morning session today, up by 0.43%, or 30.77 points, to 7,131.65. “Resources stocks helped lift the FTSE 100 on Wednesday morning despite a mixed showing from Asia and last night in the US,” says AJ Bell investment director Russ Mould. “A positive update from Royal Dutch Shell and […]

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Shell confirmed that higher oil prices have reduced debt burden Shell (LON:RDSA) announced on Wednesday its intention to increase shareholder payouts as the world economy continues on its path to recovery. The FTSE 100 company confirmed that, as of its Q2 announcement at the end of July, its will raise its dividend to within the […]

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ORIT confirmed that demand for the issue exceeded both the target issue size and the maximum issue size Octopus Renewables Infrastructure Trust (LON:ORIT) announced on Wednesday the result of its issue, raising £150m, thereby achieving another oversubscribed fundraise. Having considered ORIT’s investment pipeline and investor demand, the company’s board was ‘determined’ to increase the size […]

The post Octopus Renewables Infrastructure Trust outlines results of share issue appeared first on UK Investor Magazine.

Wetherspoons warns against increase in food prices JD Wetherspoons (LON:JDW) confirmed on Wednesday that sales at its pubs haven’t risen as they would have hoped even though it has been able to reopen the majority of its locations. Wetherspoons said that out of its 860 pubs, 850 were open, with the closed pubs being located […]

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18% of people have adequate pension pot to retire ‘comfortably’ The average pension pot amounts to £42,651, according to a survey conducted by finder.com, the personal finance comparison site. When only accounting for non-retirees, the figure is lower, as they have £33,809 saved on average. Experts have recommended that someone retiring at 67 should have […]

The post Research suggests the UK’s average pension pot stands at just £42,700 appeared first on UK Investor Magazine.

Argo Blockchain Share Price The Argo Blockchain share price (LON:ARB) continued its steady decline throughout June, falling by 3.15% over the past month. From its high-point of 284p in the middle of February, the Argo Blockchain share price is down by well over 50%, sitting at 121.55p at the time of writing. While Bitcoin keeps […]

The post The Argo Blockchain share price dipped again in June as company provides monthly update appeared first on UK Investor Magazine.

Ukraine and London will be joining forces on 15 July for the first ever UK-Ukraine Fintech Summit. The event brings London, the financial centre of the world, together with Ukraine, which is emerging as a major world player in technology. Despite previous negative perceptions surrounding Ukraine, the country is steadfastly forging a new image of […]

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Retirees have higher confidence in their pensions but gender gap remains On the whole, British people are positive when it comes to their pension income prospects. This is according to the AJ Bell Retirement Income Index. AJ Bell recorded a score of 54 in the first ever AJ Bell Retirement Income Index, where anything above […]

The post There is a wide gender divide in retirement income confidence appeared first on UK Investor Magazine.

Oil prices rise to a three-year high after countries fail to reach an agreement Opec+ have postponed a decision on whether or not to ramp up oil production as major players within the cartel have failed to reach an agreement on supply levels. The Financial Times reported that it is unclear when talks will start […]

The post OPEC agree to disagree providing challenge to inflation consensus appeared first on UK Investor Magazine.

The FTSE 100 shrugged off volatility in Asian markets to trade flat on Tuesday morning, with the FTSE 250 retreating just slightly from the record highs it recently attained on reopening hopes. “Concerns over the Chinese tech sector and its relationship with the state probably feel quite remote to an index which is dominated by […]

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Supply@ME has restructured its board as the company enters “the next phase of its scalable growth” Supply@ME (LON:SYME), the fintech platform which provides the ‘Inventory Monetisation’ service to manufacturing and trading companies, confirmed on Tuesday that it has completed the acquisition of TradeFlow Capital Management. Supply@ME bought the company for £4m in cash and 813m […]

The post Supply@ME confirms completion of deal to acquire TradeFlow Capital Management appeared first on UK Investor Magazine.

Ocado reduced its half-year pre-tax loss by £17.3m to £23.6m Ocado is revelling as shoppers are increasingly buying their goods online, helping the grocer to record a 20% rise in sales. Ocado reduced its half-year pre-tax loss by £17.3m to £23.6m, as its revenues jumped nearly 20% to £1.2bn over the half-year period ending in […]

The post Ocado sales jump as pandemic sees surge in online grocery shopping appeared first on UK Investor Magazine.

Sainsbury’s raised its guidance for its full-year underlying pre-tax profit to £660m Despite the widespread easing of coronavirus restrictions, Sainsbury’s (LON:SBRY) sales surpassed its expectations as many people opted to stay at home to eat and drink. Over a 16-week period ending at the end of June, the FTSE 100 company’s sales rose by 1.6% […]

The post Sainsbury’s raises profit guidance on increased sales as customers stay home appeared first on UK Investor Magazine.

The post Rockfire share price surges on updates from copper and gold mines appeared first on UK Investor Magazine.

Zephyr Energy was one of the best performing UK stocks throughout the first half of the year Zephyr Energy (LON:ZPHR), the oil and gas company, confirmed on Monday that it will be able to commence drilling in line with its forecasted timetable as the company gave an update on the Paradox Basin, Utah. Zephyr announced […]

The post Zephyr Energy provides update on Paradox Basin following outstanding H2 performance appeared first on UK Investor Magazine.