[ad_1] British Steel saved China steps in Chinese industrial conglomerate Jingye Group will rescue British Steel in a deal that could save up to 4,000 jobs. Jingye said that it plans to invest £1.2bn in Britain’s second-biggest steelmaker over the next decade. In the new agreement, the group would also acquire subsidiary businesses FN Steel,…
[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…
[ad_1] Questor Income Portfolio: the prospect of a hard-Left government rightly instils fear in investors. But what is a suitable course of action? Does a possible Corbyn government represent an existential threat to our portfolio? In theory, any business based or listed in Britain is at some risk from a hard-Left government. Labour could, for example,…
[ad_1] Royal Mail strike Landslide victory Communication Workers Union members employed by Royal Mail (RMG) voted overwhelmingly to go on strike, in a move that could threaten the Black Friday and Christmas shopping periods. “The workforce has completely rejected the company’s plans to set up a separate parcels business,” CWU general secretary Dave Ward said…
[ad_1] Questor Income Portfolio: several of our holdings have fallen during this week’s bout of pessimism but we have no reason to fear for our income The stock market took a severe tumble on Wednesday and some of our stocks bore the brunt: Lloyds Banking Group and Legal & General both lost 3.3pc and Next fell by…
[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…
[ad_1] Questor Income Portfolio: we have a heavy domestic bias, which is doing us no favours when it comes to share prices, although our income is holding up nicely As it is the first Friday of the month we publish today our performance table for the Income Portfolio. It tells a familiar story: we are…
[ad_1] The UK stock market and the pound are already pricing in a mountain of political risk. Equities listed in London are under-owned by global investors and sterling is flirting with multi-decade lows. But, if Boris Johnson manages to get the election he wants, could a fractious campaign actually make things worse? While not exactly…
[ad_1] 4 September 2019, 14:38 Elton John shares heartfelt post to the late Princess Diana. Picture: PA Sir Elton John has used Instagram to post a tribute to his late friend Princess Diana. Posting a snap of the pair together to his 2.1 million followers, Elton gave a nod to their close relationship. The photo…
[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…