Greggs shares are on fire, but can it last? May 24, 2019 | City Talk By Graeme Evans from interactive investor. After some great results, shares in fast-growing Greggs have taken just seven months to double in value. Thanks to a social media frenzy and masterclass in PR, the Greggs vegan sausage roll is now surely a thing of stock market folklore. The transformation of the Greggs (LSE:GRG) brand and [...]
With rail closures planned this weekend, here’s how we should revamp our chugging transport system May 24, 2019 This week, consumer watchdog Which revealed that rail passengers lost four million hours to train delays last year, with an average of 660 cancellations per day. It’s hardly surprising. Any regular commuter will have experienced a delay, cancellation or disruption recently – perhaps you’re experiencing one right now, in fact. Read more: Nearly 4m hours [...]
Two common errors that investors make…and how to overcome them May 24, 2019 | City Talk The past six months have highlighted two common errors that investors frequently make. The first relates to a misunderstanding about the way investments compound over time and the second is the way that emotions can cloud our judgement. Both can be remedied relatively easily. The impact of compounding In relation to the first, the US [...]
China trade war? No worries May 23, 2019 | Sponsored Mike Kerley, fund manager for Henderson Far East Income, gives update on the fund’s portfolio activity and why the US-China trade war poses little threat to the fund.
Marks & Spencer pension scheme transfers £1.4bn to two insurers May 23, 2019 Troubled retailer Marks & Spencer (M&S) has transferred £1.4bn in pension scheme liabilities to two insurance companies, bringing the total insurance coverage to two thirds. Phoenix Group has insured £460m of liabilities, covering 5,000 pensioners, while Pension Insurance Corporation (PIC) has insured £900m of the £10bn pension scheme. Read more: M&S braced for fresh decline [...]
How long will luck last for Centrica’s 13% dividend yield? May 23, 2019 | City Talk Times are hard and the yield screams danger, but Centrica has not cut the payout. Next results are key. The press was awash with stories predicting a nasty cut to Vodafone (LSE:VOD) dividend before it published full-year results. Few would be surprised. But BT (LSE:BT.A) kept shareholders on side by committing to its generous payout, and Centrica (LSE:CNA), one of [...]
Memory tricks and tips to help you win at business May 23, 2019 Even in the age of Google, remembering certain things can give you a huge advantage in business. In fact, your ability to remember can become one of your most valuable assets. The bottom line is this: people want to do business with smart people, and we view people who have a razor-sharp memory as being [...]
Small businesses will be collateral damage in Corbyn’s war against the rich May 23, 2019 A new word was coined earlier this month. Joining the terms “Brexit” and “omnishambles” in the English lexicon, we now have “Corbygeddon” to describe the abject fear of a hard-left Labour government led by Jeremy Corbyn, that’s set to drive the uber-wealthy (or at least a proportion of their assets) out of the country in [...]
Wealthsimple grabs $100m in new funding round from Allianz May 22, 2019 Digital wealth giant Wealthsimple has raised a CA$100m (£58.8m) investment round, led by the investment unit of insurance firm and asset manager Allianz. The Canadian fintech, which operates in the UK and US alongside its home country, manages an online investing service and a commission-free stock trading app, with over $4.5bn of assets under management. Read more: [...]
RBS-backed digital banking startup Loot enters administration May 22, 2019 Loot, the digital current account for students, has called in administrators after it was unable to secure funding following the collapse of a potential sale to the Royal Bank of Scotland (RBS). RBS owned a 25 per cent stake in the fintech firm through Natwest’s digital bank Bo, which is currently under development and invested [...]
