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Despite the UK stock market having ground to a halt in recent weeks, there is no reason to panic. Year-to-date the FTSE 100 is up 4.4%. Annualised that would equate to an approximate 10% return, and if you add on…
current research from Ocorian, a specialist provider of alternative fund services and leader in entity administration, corporate and fiduciary services, shows alternative fund managers are optimistic about launches and fund raising over the next 18 months. More than eight in ten…
Nationwide will pay £340m directly into customer accounts for the first time, thanks to a rise in deposits and higher interest rates that pushed annual profits up 40% to record highs. The payout, which amounts to about 15% of its annual…
UK Prime Minister Rishi Sunak and his wife Akshata Murty saw their wealth descend last year, according to the Sunday Times Rich List. Their net worth is estimated at £529m this year, down from £730m in 2022. The prime minister’s…
Almost one in four adults in the UK is now struggling to pay their bills, after a dramatic leap in those falling behind on their payments in the past year. The number of people who believe missed at least half,…
“In darts, players know that trebles are for display and doubles are for dough and the equivalent in investment is that adjusted profits are for display, but cash flow is the ultimate measure of dough and in BT’s case, the…
The markets continue in a holding pattern with the FTSE 100 stuck in a tight range between 7,700 and 7,800 as investors await key economic data which could set equities on a path up or down. Today was a positive…
GfK’s long-running Consumer Confidence Index increased three points to -27 in May. All measures were up in comparison to last month’s announcement. Joe Staton, Client Strategy Director, GfK, says: “The cost-of-living crisis has been fraction of our daily financial reality for…
EasyJet has shrunk its losses as customers study to ‘safeguard’ their holidays in the cost of living squeeze. EasyJet reported a pre-tax loss of £415m for the six months to the halt of March, an improvement on the £557m loss…
More than 1.4 million taxpayers were charged interest by HMRC for late payment of tax in the 2020-21 tax year, a freedom of information request by investment platform AJ Bell reveals. The scale of interest payments and penalties for missing the tax return deadline illustrates…
