Rolls-Royce Back Away From Turkish Jet Fighter Contract (March 22, 2019)

The British engine manufacturer, Rolls-Royce Holdings Plc, has backed away from a joint defence project between the UK and Turkey. Rolls-Royce said on Sunday that they were scaling back efforts to join Turkey’s Kale Group in the building of the new fifth-generation fighter jets. As part of a new UK-Turkey defence deal, amounting to over […]

Persimmon Stock Wobbles As Government Inquiry Looms (March 18, 2019)

Persimmon’s share price plummeted to a one-month low last month, as the house building firm came under fire from the government about profits accrued via the Help-to-Buy scheme. The FTSE 100 firm released its full-year trading report, which showed that its pre-tax profits reached £1.09bn last year, a 13 per cent year-on-year increase. Yet despite […]

Thomas Cook Selling Airline To Raise Cash (March 1, 2019)

The oldest travel company in the world, the Thomas Cook Group (TCG), is looking to sell its profitable airline business in an attempt to raise some much-needed cash. The announcement comes as the company has been plagued by a poor 2018 performance and a difficult financial forecast. TCG will hope that selling their airline will […]

Fullers Brewery Sold To Japanese Company Asahi (February 25, 2019)

The Japanese brewing company Asahi has purchased Fuller’s brewery, which produces the popular London Pride bitter. Fuller’s have said they will now focus attention on their pubs and hotels business, while the historic Griffin Brewery will be preserved in its Chiswick location. About The Deal Fuller’s achieved a price of £250m for the brewing business, […]

UK Economic Growth At Lowest Levels For Six Months (February 5, 2019)

The UK’s economy continues to decline, according to figures released by the Office for National Statistics (ONS). In the three months leading up to November, the UK economy grew by just 0.3%. This is less than the 0.4% growth seen in the three months leading up to October. Part of the poor performance of the […]

Is the British car industry in trouble? (January 28, 2019)

The Society of Motor Manufacturers and Traders (SMMT) has released data that has shown car production in the UK fell by nearly 20% in November. This is in comparison to the same time in 2017. The industry’s trade body commented that the weak demand in the UK and abroad is to blame for the dramatic […]

Top UK Economists Gloomy About 2019 Economic Growth (January 10, 2019)

An article in the Financial Times on 1 January 2019 has highlighted the Brexit opinions of some of the leading economists in the UK. All 80 top economists polled by the newspaper felt that 2019 UK business investment and consumer spending will be affected by the uncertainty surrounding Brexit. These experts feel this will still […]

Jaguar Land Rover Reports Fall In Profits (November 22, 2018)

The U.K. car manufacturer Jaguar Land Rover has reported a £90 million pre-tax loss in profits with poor sales figures resulting in Q2 revenues falling to £5.6 billion, a drop of 10.9%. The recent poor sales figures and financial results have seen the car manufacturer commence a major £2.5 billion capital deployment, with the aim […]

New Cryptocurrency Wallet Goes Live At eToro (November 12, 2018)

eToro, the global investment firm, have released their own cryptocurrency wallet. It will allow traders to buy and sell a range of cryptocurrency, and also let them deposit or withdraw into fiat currency – or exchange cryptos. eToro describe the wallet as: A Multi-crypto on-chain wallet with multi-signature security The mobile app will be available […]

Amazon And Alphabet Results Worry Tech Investors (November 8, 2018)

Amazon shares dropped almost 9% in a single day at the end of October, the most they’ve plummeted in 4 years. This came after the tech giant downgraded it’s forecasts for the holiday season ahead and missed key targets in recent earnings reports. Alphabet, Google’s parent company, also saw a share decline of approximately 2% […]

The HODL Crypto Mantra (November 1, 2018)

The first time you read “HODL” when researching cryptocurrencies, it causes you to stop reading. “Is it a misspelling?” Well, Yes! – at least it was mistyped originally. Now HODL has spawned a life of its own. It has evolved to represent a long-term trading strategy and philosophy for crypto investors. With the launch of their latest campaign, eToro have […]

Ferguson And Tesco Post Results (October 24, 2018)

Ferguson and Tesco share earnings Ferguson Ferguson is widely expected to achieve growth in its full-year earnings of up to 14 percent, to $4.39, with revenues expected to be up by around 8 percent to nearly $21 billion. Strong momentum in the U.S. has driven the firm’s performance, despite the introduction of higher tariffs and […]

Stablecoin Doubts Boost Other Cryptos (October 18, 2018)

The price of Bitcoin has started to rise again, following a blip experienced during the week commencing 8 October. This was due, in part, to share prices on Wall Street dropping. Trading in the cryptocurrency started off at £4,743.47 ($6,232.67) on 15 October and ended the day at £4,968.83 ($6252.78). Analysis Of Price Action The price […]

Is Bitcoin About To Rise Again? (October 11, 2018)

Many online analysts feel Bitcoin is on the verge of skyrocketing in price in the near future. Spencer Bogart, a partner with venture capital provider Blockchain Capital, says Bitcoin is: “…close to bottoming. We’re down about 70 percent from our highs, so I think that bitcoin is close to bottoming and so is the rest […]

Leadeship Change To Spark Volatile Alibaba Trading? (October 4, 2018)

Alibaba announces a change in leadership After near twenty years as executive chairman of one of the world’s biggest internet companies, Jack Ma has announced that he will be stepping down from Alibaba in one year. Billion $ Business The Chinese e-commerce business was co-founded in 1999 and made Mr Ma, a former English teacher, […]

Google Respond To Record Fine (September 27, 2018)

Earlier this year, the European Commission fined internet giant Google with €4.3 billion for abusing its vast monopoly in mobile phone operating systems, namely Android. It concluded that Google “…used Android as a vehicle to cement the dominance of its search engine” in a landmark case resulting in a record fine, calculated from Google’s revenue […]

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