Stock markets start the year on a high as China raises spending
[ad_1] Royal Mail forecast a surge in returns of products bought online, with volumes predicted to be 72pc higher on January 2 than the average number of … [ad_2] Source link
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Labour victory would wipe £367bn from UK shares and hit millions of pension savers
[ad_1] A Labour Government would wipe £367bn off the value of Britain’s listed companies and send the pound plunging, economists warned ahead of Thursday’s General Election as polls showed the race is too close to call. The party’s plan to hike business taxes to one of the highest rates in the western world would knock the market…
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Dividend payouts hit by global headwinds
[ad_1] The slowdown in dividend payouts by the world’s biggest companies continued in the third quarter as waning profit growth hit shareholder payouts. Investors are bracing for further headwinds in 2020 as the global economic picture darkens. The US-China trade war is thwarting economic growth, and major economies such as the UK and Germany only…
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Market report: Growing profit figure at Games Workshop sees it hit shares record
[ad_1] Games Workshop shares hit a record high a quarter of a century after making their market debut after the miniature wargame manufacturer forecast a sharp increase in profit. The maker of Warhammer fantasy figurines led the FTSE 250 risers and closed almost a fifth higher at £53.75, up 869p. In a brief update, the…
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Bank of England set to hold interest rate as it braces for Brexit — live updates
[ad_1] Coming up today Next, says Hargreaves Lansdown’s Emilie Stevens, “remains defiant in the face of the high street storm”. The company recently bucked the sector trend by upgrading its forecasts after rising sales. The retailer – like many of its rivals – is trying to move more of its sales on to online channels…
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‘I’ve stopped shorting the pound and am now investing in Britain’
[ad_1] Hedge fund billionaire Crispin Odey has hit back at criticism that he is betting against Britain, arguing that he has ended his wager against the pound and has invested several hundred million pounds in UK companies. Mr Odey told The Sunday Telegraph that he was “no longer short on the pound” and has spent…
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‘Cliff edge’ fears for union talks send Royal Mail shares tumbling
[ad_1] Fears of an escalation of hostilities with workers’ unions delivered a blow to investors in Royal Mail on Tuesday. The former state postal monopoly has reached a “cliff’s edge” in its relationship with the Communication Workers Union, analysts at JP Morgan said, adding that the outcome of mediation was uncertain. Workers’ representatives and the FTSE…
