The green rush? The UK’s cannabis industry is reaching dizzying new highs May 7, 2019 Predicting the emergence of the UK’s next billion-pound industry is the dream of any investor. Yet what if, unbeknown to many of its citizens, the UK were already competing as a global leader in that market? When it comes to the burgeoning legal cannabis market, this is already the reality. According to the UN’s International Narcotics [...]
Coca-Cola bottler sees strong first quarter growth May 2, 2019 Coca-Cola HBC AG – the world's third-largest bottler of the drink – today announced solid first quarter performance for 2019, as well as a special dividend for investors. Overall sales revenue rose 4.7 per cent to €1.41 bn (£1.21 bn) in the first three months of the year compared to the same period in 2018, [...]
Fixed income and global funds secure combined inflows of £1.5bn May 2, 2019 Fixed income and global funds saw combined net retail sales of £1.5bn in March, bucking the trend of mounting outflows sparked by Brexit uncertainty. Global funds secured net retail sales of £691m in March, making it the largest month of inflows into the sector on record, according to analysis by the Investment Association. Read more: [...]
DEBATE: At $1.5bn, is plant burger firm Beyond Meat over-valued? May 2, 2019 At $1.5bn, is plant burger firm Beyond Meat over-valued? Chris Beauchamp, a senior market analyst at IG, says YES. For many, Beyond Meat’s IPO would seem to mark the perfect “market top” moment. A company producing a cutting-edge product, with ongoing losses and the risk that it may never make a profit, is seeking to become [...]
Neil Woodford’s billion-dollar baby turns four May 1, 2019 | City Talk By Dzmitry Lipski from interactive investor. Late last month, Woodford Patient Capital turned four. Having weighed in at launch at £800 million, making it the second-largest UK investment trust launch ever after Smithson Investment Trust, according to the AIC, Woodford's middle child has had some high-profile teething issues along the way. Total assets today stand at [...]
Uber: Is it worthy of the price tag? May 1, 2019 | City Talk Underwhelming or canny? Uber may have learned something from Lyft after it announced it will chase a lower market valuation than previously forecast when it lists next month. Nevertheless, for a company that is burning cash at the rate it does and with no obvious path to profitability, it’s still asking rather a lot from [...]
Investors withdrew savings from UK funds in lead up to March Brexit deadline April 30, 2019 Investors withdrew savings from UK funds last month as the Brexit deadline date drew closer with no signs of a deal. Outflows from long-term investments reached £5bn, bringing the total outflows since April last year to almost £30bn. Read more: European funds hit 11th month of outflows Investors moved UK-based assets into European countries in [...]
Your guide to US results season Q1 2019 April 30, 2019 | City Talk By Jemma Jackson from interactive investor. Home or away? interactive investor comment as US earnings season kicks off ahead of expectations So far, the news has been generally positive, with banks having noted an improvement in Net Interest Margins (the difference between the rate at which they borrow and lend). Industrials have also provided a [...]
Don’t get stuck in your ways: How to cut carbon emissions without glueing yourself to buildings April 30, 2019 “You can't eat money” and “climate emergency” read some of the signs wielded by climate change protestors last week, as they glued themselves to the London Stock Exchange. As our planet heats up, so does the debate around global warming. Regardless of whether you agree with the tactics used by the protestors or not, there [...]
The material consequences of choosing sustainable fashion April 29, 2019 The textile industry – primarily the business of cloth and clothing – produces close to 100 million tonnes of fibres every year. This number is only set to grow as purchasing power in emerging markets rises. The industry – and its growth – has huge consequences for the environment and climate change, producing some 1.2 [...]
