What a tin of battered beans can tell us about behavioural finance April 25, 2019 "Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular, and do well.” Those are the words of one of the greatest investors of our generation, Warren Buffett. The investment guru got me thinking: why is the stock [...]
DEBATE: Is the uproar over Donald Trump’s state visit to the UK in June unwarranted? April 25, 2019 Is the uproar over Donald Trump’s state visit to the UK in June unwarranted? Freddie Jordan, a freelance writer, says YES. President Trump’s visit has unleashed the same public mania as would Lord Voldemort’s. He may be unctuous, and some might prefer to watch his comedy of errors play out from afar, but to throw a childish [...]
Tesla pledges a return to black as profitability fails to materialise April 25, 2019 A return to profit escaped Tesla chief Elon Musk for a second consecutive quarter last night. The electric car maker reported a widening $494m (£382.5m) loss after a record drop in deliveries. Tesla posted a deficit per share of $2.90 for the first three months of 2019, compared to the average analyst estimate of a [...]
Inside Huawei: Spies, spin and billions at stake April 24, 2019 The journey from Paris to Verona takes just two minutes. The small, replica Swiss train trundles past imposing French chateaux and gothic German castles, sliding effortlessly through 12 European cities before ending up, after just under eight kilometres of newly-built track, back in Paris. On Huawei’s new Ox Horn campus, not far from the Chinese [...]
What the next Bank of England governor’s CV needs to look like April 24, 2019 With less than a year until Mark Carney steps down, the government today kickstarted the search for a new Bank of England governor. We’ve already compiled a list of candidates tipped to replace the American when he departs the post in January 2020, but chancellor Philip Hammond has put out a job ad anyway. Read [...]
Tory party divided over Huawei’s involvement in parts of 5G network April 24, 2019 Senior Tory MPs have slammed Prime Minister Theresa May’s “short-sighted” decision to allow Huawei to participate in parts of the UK’s 5G network. The Chinese firm will be banned from core parts of the network, but will be allowed to supply equipment to non-core areas such as antennas, despite warnings from UK spooks about flaws [...]
Why playing a different version of ourselves at work can cause stress April 24, 2019 Just be yourself. It’s a mantra that’s been drummed into us since we were kids. Yet when you leave the comfort of home and school life to start your first job, it can feel like a completely different story. People often adjust their personality in the workplace. Sadly, research indicates that over half of employees [...]
Backbench Tory MPs table further talks on Theresa May leadership challenge April 24, 2019 A group of influential Tory MPs will meet again today to discuss the possibility of ousting Theresa May as Prime Minister after talks last night failed to reach a decision. The 1922 committee is mulling a change to the party rulebook that would allow them to launch a fresh challenge against May, despite her winning [...]
Theresa May breaks the record for most unpopular Conservative minister April 24, 2019 Theresa May has broken the record for the least popular Conservative cabinet minister to date, as ranked by Tory party members, over her decision to postpone Brexit. The Prime Minister’s net satisfaction rating plummeted to -73.5 this month from -51.2 in March, according to a poll by Conservative Home. Read more: Theresa May seeks new vote [...]
Runners and riders: Meet the candidates who could replace Mark Carney as the Bank of England governor April 24, 2019 Speculation has begun over the next governor of the Bank of England after the Chancellor Philip Hammond launched the hunt for Mark Carney’s successor this morning. Carney’s tenure began amid post-crisis reform of financial system regulation but his latter years have been characterised by Brexit, which his successor will also have to navigate through. Read [...]
