The Conservative victory has seen sterling bounce back and UK domestic stocks rally as investors regain confidence in the market. The pound surged to $1.35, the highest level since May 2018 while it also reached a three-year high against the euro, climbing to €1.20. This helped the FTSE 250 trade …
Read More »The winners from the Boris bounce: domestically focused shares and investment trusts soar
The reaction from markets to the landslide victory for the Conservative Party has been broadly favourable for two reasons: the risk of a Corbyn-led Labour government has disappeared, while the strength of the Tories in Parliament now gives more clarity around Brexit. The Conservative Party have won 364 seats (with …
Read More »West Midlands Tourism Awards 2020 – the 43 finalists revealed
From country pubs to stylish B&Bs to some of the best known attractions in the world. The West Midlands is home to a fantastic array of visitor attractions, which helped to bring more than 131 million visitors to our region in 2018 – a 2.6% increase on the previous year. …
Read More »Guernsey issues stamps for 50th anniversary of postal independence
By Dingguo Dai On Oct. 1, Guernsey Post issued two commemorative stamp sets to mark the 50th anniversary of postal independence. One set focuses on developments in postal operations, and the other set depicts stamp-on-stamp designs of Guernsey’s stamps from the past 50 years. In a press release, Guernsey Post …
Read More »Result will help business prepare for post-Brexit future
The Black Country Chamber of Commerce’s chief executive, Corin Crane, said: “Our message for the Government is simple: businesses need confidence in the political system to unlock capital investment and to drive growth. The last two-and-a-half years have seen businesses holding back, concerned about cash flow and often unable to …
Read More »The Markets Cheer a Tory Victory—Pound, Bonds and Bluechips Soar in the UK and Beyond
Shares in Royal Mail, also singled out for nationalization if Corbyn had won the … Banks also performed strongly, boosted by hopes of a stronger U.K. … Source link
Read More »Relief rally boosts former Labour nationalisation targets
Billions of pounds was added to the value of businesses from BT and Centrica to National Grid as relieved investors drove up their share prices after the UK election extinguished the threat of Labour nationalisations. Shares in BT opened up 8 per cent at 200p on Friday as investors welcomed …
Read More »43 finalists for West Midlands Tourism Awards 2020 revealed
From country pubs to stylish B&Bs to some of the best known attractions in the world. The West Midlands is home to a fantastic array of visitor attractions, which helped to bring more than 131 million visitors to our region in 2018 – a 2.6% increase on the previous year. …
Read More »Mail, rail, water stocks turbo boost UK markets post election
Stocks in companies that would have been dented by a Labour party win surged on Friday in the wake of prime minister Boris Johnson’s emphatic election victory. While the FTSE 100 (^FTSE) made only modest gains, shares in UK banks, rail firms, the utilities sector, and the construction industry rose …
Read More »Shares of Corbyn’s Nationalization Targets Soar After He Quits
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Shares of companies targeted by Jeremy Corbyn for nationalization surged as the Labour leader said he would stand down after a heavy defeat to Boris Johnson’s Conservatives at the U.K. general …
Read More »