News

UK Government Announce 12 New Clean Energy Projects

New wind power projects that will be able to supply power to over 7mn homes were announced by the UK government on 20 September. The government says that these wind farms will generate electricity without any requirement for government subsidies and these projects are a breakthrough for renewables as they will be launched at costs […]

Next Share Price Plummets

Fashion retailer Next has blamed a sudden plummet in share prices on ‘warm weather’, which they believed caused decreased sales of their stock over the last quarter. The latest official data, released by the company in September, suggests that Next’s sales fell significantly in the second quarter, adding their name to an already lengthy list […]

Inflation Surprise Hits British Pound

On Wednesday 18 September the Office for National Statistics (ONS) announced that UK inflation has dropped to its lowest level since December 2016, with the Consumer Price Index (CPI) rising by 1.7% year-on-year in August. This defied economist predictions, which expected a dip to 1.9%, down from 2.1% in July. This sharper-than-expected fall has had […]

Crypto Investors Distraught By $10bn Drop In Bitcoin Value Over Course Of Just 30 Minutes

It seems analyst and investor hopes of a forthcoming upsurge in Bitcoin and other cryptocurrency prices could have been misplaced, as Bitcoin values dropped by $600 (£494) in just 30 minutes on Wednesday, 28 August 2019. The cryptocurrency markets have been extremely volatile through 2019, and this latest Bitcoin crash has caused a rethink about […]

Greene King Brewery And Pubs Business Sold To Hong Kong Buyer

Interested market observers may have wondered why Greene King shares increased by more than 50% in mid-August, the reason is because Hong Kong-based business giant CKA has taken over the business. Greene King is a major player in the UK’s brewery, pubs and restaurant sector, owning about 2,700 pubs, hotels and restaurants. The takeover gives […]

Turkish Pension Firm to Buy British Steel

British Steel, the doomed company that has been struggling to overcome its declaration of insolvency, has tentatively been bought by Turkey’s military pension fund. Jobs Saved In a deal announced in August, the Turkish Armed Forces Assistance Fund plans to buy the company out, potentially saving the jobs of around 5,000 people in its central […]

Semi-Autonomous Electric Scooters Launched By Segway-Ninebot

The electric scooter manufacturer Segway-Ninebot showcased their latest innovations on Friday 16 August which included electric scooters that take themselves back to charging stations. This electric scooter development is likely to be welcomed enthusiastically by the growing scooter-share sector. Growth Of Electric Scooters And Related Companies Electric scooters have become increasingly popular with commuters in major cities […]

Shares Dumped By Investors As Global Recession Worries Increase

Concerning figures from the New York Stock Exchange have shown that high-level investors are dropping key investments in global currency and assets for safer choices. As fears grow among American investors over the unresolved US-China trade war and a number of high profile economies reporting shrinkage over the second quarter, many are turning to historically […]

ASOS Shares Plunge In Value: Is The Online Shopping Bonanza Slowing?

Shares in the online clothing retailer ASOS dropped another 23% on 17 July following a second profits warning from the fashion giant. The first profits warning in December 2018 saw shares drop around 37%, and the company is now trading at just over £21. Is it worth buying shares in ASOS now? The two profits […]

Chinese Video Game Company Could Be A Winner

Most western video game fans and investors will not know about Changyou.com, but it is a great opportunity to acquire heavily discounted stock. It’s a Chinese video game developer and publisher that emerged from Sohu in 2009, and is famed in China for is RPG franchise TLBB. It’s a game series that is arguably past […]

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