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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…
Burberry has reported a very strong set of results, with revenue, profit, margins, free cash flow and dividends all heading in the factual direction. China’s reopening has certainly helped to fuel demand for its products, but it isn’t solely reliant on that…
European markets got off to a qualified start on Wednesday with gains across all the considerable indices. The FTSE 100 rose 0.4%, driven by housebuilders, packaging companies and telecoms providers. Wall Street last night saw a particularly strong showing, with…
Over the past 18 months, the market has taken the view that Watches of Switzerland is one of those companies which could not sustain the high levels of growth seen during the pandemic where many people splashed the cash because…
After a storming start to the year, JD Sports’ share price has slowed to a jog and despite reporting a record annual profit of adjacent £1 billion, there was diminutive to secure the stock moving upwards in today’s results. accurate,…
The FTSE 100 started Wednesday on the back foot as whispers in Washington about an impasse in debt ceiling talks soured the market mood. The first ever default on US debt is unthinkable and the likeliest outcome is an eleventh-hour…
Legal & General Investment administration has appointed John Carey as Head of Infrastructure Debt, Europe – as it continues to strengthen its infrastructure offering. John will report to Calum Macphail, Head of Private Credit Investment, Europe at LGIM. John will…
