PUNT OF THE WEEK: Watches of Switzerland sees profits rise 112%, but is it wise to invest luxury companies? By City & Finance Reporter for the Daily Mail Published: 22:01 GMT, 13 December 2019 | Updated: 10:33 GMT, 14 December 2019 What is it? The international luxury watch retailer is the UK’s biggest seller of … Read more
A whole host of fund managers have blamed Brexit uncertainty and Westminster’s intense political wrangling for their problems over the past year. Just this week, former Neil Woodford protege Mark Barnett was fired from managing the £1.1billion Edinburgh Investment Trust. The board of the £700million Perpetual Income and Growth investment trust, another fund he runs, … Read more
1. Add a password for your Wi-Fi – and one that hasn’t been hacked before If your car has its own WiFi connection, create your own password as soon as possible; previous hacks, including the case of the Jeep Cherokee, was made possible by the weak default WiFi password supplied by the manufacturer. There was … Read more
The stock market surged today after the decisive election win for the Conservatives, but will the Boris bounce continue in the months to come? As Boris Johnson secured an 80 seat majority, there was no shortage of property market pundits claiming that the stalemate in the market would soon be unlocked, while investment industry experts … Read more
Investors, businesses and City insiders woke up to a thumping Conservative win this morning, with the threat of nationalisation and socialism under a Corbyn Government nothing more than a bad dream. The FTSE 100 closed up 1.1 per cent at 7,353.4 today, having traded up 2 per cent at one point. Meanwhile, the more domestically-focussed … Read more
ELECTION MARKETS CLOSE: Pound at $1.33 and shares leap as Tories win big majority and investors chase the Boris bounce By This Is Money Published: 07:14 GMT, 13 December 2019 | Updated: 17:13 GMT, 13 December 2019 The FTSE 100 closed up 79.97 points at 7353.44 and the pound was at $1.33 against the dollar, … Read more
Futura Medical endured a bitter-sweet week following a surprising result from a phase III clinical trial of its erectile dysfunction gel. In a nuanced read-out from the trial, the company’s MED2005 treatment showed strong efficacy, safety and rapid speed of onset. Surprising was the fact the placebo produced a ‘highly statistically significant’ impact on the … Read more
Housing was a huge policy debate during the election and the private rented sector was no exception. Both major parties put forward proposals to shake up the sector and though landlords may be breathing a collective sigh of relief that they’ve been spared the prospect of Labour rent controls, many will still be braced for … Read more
Damage to Woodford investors will be revealed in January: Payouts will start with 56% of the stricken fund sold and £1.65bn raised so far Hundreds of thousands of investors face losses following collapse of the fund They will be told what they are to receive in their first payout on January 13 These will start … Read more
The property market is forecast to bounce in the New Year as the decisive election result releases some pent-up demand – but sellers have been warned not to get greedy. Sellers and buyers who have put home moves on ice due to political uncertainty have been tipped to return to the market and deliver a … Read more
Asda has once again taken the lead by cutting the price of fuel at its 322 filling stations across the UK. Effective today, unleaded with be trimmed by 2p a litre while diesel will come down a penny to reflect shrinking wholesale prices. Drivers filling up at any Asda petrol station will pay no more … Read more
British tech tycoon Mike Lynch branded ‘thoroughly unreliable witness’ as £4bn Autonomy fraud trial enters final stages By Matt Oliver For The Daily Mail Published: 21:51 GMT, 12 December 2019 | Updated: 10:47 GMT, 13 December 2019 Mike Lynch was accused of telling ‘lie after lie’ in court yesterday as the £4billion Autonomy fraud trial … Read more
Some European destinations have seen flight prices fall dramatically in the last year, meaning travellers can bag a bargain in spots across the continent, perhaps in destinations never visited and to tick of the bucket list. Travellers could find themselves a European bargain in Shannon, Frankfurt and Malaga among other locations, according to data from … Read more