NewsCoronavirus In The UK – A Recession But Not A Depression?
Coronavirus has had a significant impact on global markets. From stocks and shares falling across the world to the impact of broken supply chains, COVID-19 has shocked governments and economists alike with its sudden and drastic effects. Government reactions to the virus have been focused on stopping its spread. Measures such as self-isolating and social […]Is Now The Perfect Time To Invest In The FTSE?
Newspapers and websites are, quite understandably, full of stories focused on doom and gloom, especially in regard to the current state of stocks, shares and investments. Billions of dollars have been wiped off the stock market, companies are having to alter how they operate, and numerous CEOs and industry experts are predicting that continued uncertainty […]IQ Option Announce Innovative Introducing Broker Scheme
Introducing Brokers schemes are a growing sector of online marketing and investing. An Introducing Broker (aka IB), refers new clients to a broker delivering online trading or similar and is then paid for delivering that client or business. In simple terms, the introducing broker “introduces” the client to the trading platform or broker IQ Option has […]Will 2020 Be An Unstable Year For The Stock Market?
In early March, global stock markets took a significant hit. Primarily this was based on the uncertainty brought by the coronavirus, which has not only impacted towns and cities but has now put entire countries on halt, such as Italy. However, whilst coronavirus is one major factor, there are several other events in 2020 that […]Lloyds Banking, Virgin Money, And Direct Line To Slash Hundreds Of Jobs
Top UK banks Lloyds, and Virgin Money, and major insurance giant Direct Line all announced cuts to hundreds of jobs in the last week of February, creating further fears of a downturn in the UK economy. More About These Job Losses The Lloyds Group said it will cut 780 full-time jobs or their equivalents in […]High Street Shopping Crisis Impacts Major Property Stocks
It’s not just the major high street store brands that are facing financial troubles within the retail sector, landlords are having similar problems. This has been particularly apparent throughout 2020 for two of the main out of town landlords, Intu and Hammerson. Financial Difficulties Experienced By Intu And Hammerson In 2020 Hammerson and Intu are […]Laura Ashley Secures Bailout Loan
Struggling retailer Laura Ashley has secured funding to save its business and continue running day-to-day operations after days of speculation that it could be heading for administration. The company, which is primarily known for their distinctive home and lifestyle products ranging from furnishings to accessories, have made an initial deal with the American bank Wells Fargo […]The Pound Gains After Javid Departure
The pound saw a rise on Thursday (13th) afternoon when news broke that Sajid Javid was resigning from his position of UK Chancellor, to be replaced by Rishi Sunak, ahead of the first budget of the Boris Johnson government next month. Javid Departure Johnson took on the task of reshuffling his cabinet on Thursday, with […]Uber Sees 4% Share Price Hike Following Latest Financial Statement
Despite the fact that Uber lost its London licence in the past few months, the company looks set to move into profitability in 2020. Uber shares started trading on the New York Exchange in 2019, however, prices have fallen dramatically since the public offering due to concerns about business losses. Uber’s Future Profitability Despite the […]Pound Continues To Drop After Brexit Deal Woes Continue
The pound has continued to further decrease against the dollar after continued concerns about a Brexit trade deal. With the United Kingdom officially leaving the European Union last Friday, the government now has until the end of 2020 to negotiate a trade deal with the EU and their other major markets. However, uncertainty about what […]Older Posts