As the deadline for PPI compensation finally arrived after eight years, banks were hit by a flurry of last-minute claims, which has had a knock-on effect on share prices. The misselling of Payment Protection Insurance has been one of the expensive scandals to hit British banking, costing over £50 bn in compensation. Ahead of the…

Is Uber stuck in a jam? Ride-sharing firms, Uber and Lyft have taken huge hits this week, with share prices reaching all-time lows, as a new California law looks likely to come into play. Uber shares were down to $30.70, a 5.7 per cent fall, and a 34 per cent slump from their closing peak…

Handbags at Dawn – fashion forward favourite eclipses rival with sales growth Fashion-forward online retailer, Boohoo, has hit the spotlight this week, announcing stellar sales growth guidance for the year of between 33 and 38 per cent. Share prices soared by 15.37 per cent to 280.7p in the wake of the news. The teen favourite…

Outlook for UK 100 : September 6, 2019 The UK 100 ’s long-term uptrend between 2011 and 2018 is evident (higher highs and higher lows). This uptrend is likely to have stalled in 2019 due to the presence of progressively lower highs.                       UK 100…

UK economy and business expectations over the next 12 months   The biannual Boardroom Bellwether survey published this week by ICSA, the governance institute, provides insight into the boardroom sentiments of companies about the UK economy over the next 12 months. The survey included 65 companies from more than a dozen sectors, reported that 69%…

Could The Mortgages Be Fooling You?   Consumer spending is generally expected to be an outcome of consumer confidence. British Retail Consortium’s July report followed by poor results posted by retail segment were well understood on the back of consumer confidence indices which were low probably due to hard Brexit fears along with global slowdown….