News

No Pleasure Without Spain: Holiday Confusion Batters Travel Stocks

It goes without saying that 2020 has not been a positive year for the travel sector. With most of the world locked down from March to June, holidays and business trips abroad were well and truly placed on the backburner. And, while this was undoubtedly an essential move so as to minimise the spread of […]

JD.com Skyrockets In Hong Kong Share Sale

Chinese e-commerce company JD.com raises nearly $4bn after its stock market debut at the Hong Kong Stock Exchange on Thursday 16th July 2020. In early trading, the online retail group gained as high as 5.8 per cent to reach HK$239 ($30.84) per share. This event marks the second-largest share sale this year. Who Are JD.com? […]

COVID Travel Drop Puts Strain On FirstGroup

Public transport firm FirstGroup, which operates train and bus franchises, has warned its future is looking uncertain as the coronavirus crisis has heavily impacted passenger numbers. Its shares have taken a dive on the news as the collapse in passenger numbers has caused a heavy dent in the firm’s revenues. The company runs numerous bus […]

Shopping Centre Giant Intu Collapses

Shopping centre giant Intu has collapsed into administration following speculation that the company’s debts have overwhelmed its day to day operations. The announcement comes after the company failed to reach a conclusion in financial restructuring negotiations with its lenders, prompting them to call in administrators. Shares Suspended All shares in the company, which are listed […]

Take A Punt On A Pint? Brits Set To Spend £210m On Booze

Pubs, bars and restaurants are preparing to welcome 1.5 million extra customers as establishments in England re-open. Drinking venues were open once again for business from Saturday, but coronavirus safety measures mean they won’t feel quite the same. Research by The Centre for Economics and Business Research (CEBR) suggests that 33% of British adults will be taking […]

Attractive Shares Following Recent Market Volatility

The market volatility that the COVID-19 pandemic caused has opened up some fantastic opportunities to invest in FTSE 100 shares that haven’t really been on the radar for some time. Certain stock prices have been trading very low recently, and some great companies currently have shares at very attractive prices. Though caution is important, the […]

Which Industries Will Bounce Back Quickest After The Pandemic?

Choosing stocks that are going to do well is a tricky business at the moment; the Covid-19 pandemic has hampered the confidence of many investors, and companies going from strength to strength six months ago are now struggling for air. Investors must be particularly clever when choosing stocks at the moment, because the risk profile […]

UK Banks Warned By FCA To Prepare For Coronavirus Loan Debt

The Financial Conduct Authority (FCA) told UK banks to be prepared for an onslaught of debt brought on by coronavirus borrowing. Since the pandemic started earlier this year, 860,000 UK businesses have received government-backed loans, but many business owners may not be able to pay them back. Since the government launched the Coronavirus Business Interruption […]

As Shop Queues Build, Retail Confidence Is Sure To Follow

On the 15th of June, UK retailers that hadn’t previously been deemed as essential were permitted to open up physical stores once more, after the coronavirus death toll saw a continual decrease. This alone would be a positive sign for the UK retail sector, but with it came floods of returning shoppers, all looking to […]

Nasdaq Composite Enjoys New Highs While The Dow’s 6-day Winning Streak At Risk

Gaining 1.1% on Monday, June 8, the Nasdaq Composite finished the trading day strong, hitting a new closing high not seen since February 19. The S&P 500 index ended 4.5% short of its highest close seen on February 19, while the Dow was 7% off its closing record on February 12. Recession Official Then, on […]

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