News

A date with Apple

A date with Apple Diary at the ready – electronic or otherwise. The 12th September 2017 at 10am a BIG Apple announcement is due! Could it be the next-generation Apple iPhone? The next-generation Apple watch? 4K Apple TV? Or, something completely different – such as an Apple electric car? (Or …

Markets

FTSE 100 closed up

FTSE 100 closed up FTSE 100 closed up today (31/08/17) at 7430 a gain of 65 points. The best performer was: Mediclinic International PLC (MDC) at: 764.5p – up 2.9% There were seven companies in the top 10 risers that gained more than 2% At the other end of the …

Finance

FTSE 100 & FTSE 250 quarterly re-shuffle due

FTSE 100 & FTSE 250 quarterly re-shuffle due In the latest quarterly re-shuffle of FTSE 100 companies – Provident Financial PLC and Royal Mail PLC have been relegated to the FTSE 250. Companies moving out of the FTSE 100 Provident Financial PLC (PFG) & Royal Mail PLC (RMG) have been …

Finance

US data reduces chance of early rate rise

US data reduces chance of early rate rise Recent data released from the Commerce Department shows US consumer spending rose less than expected in July. Inflation increased at its slowest rate since 2015. Investors expectations are that the Federal Reserve may delay raising interest rates until December 2017. Will they, …

News

Hyperloop test sets speed record

Hyperloop test sets speed record watched by Elon Musk Tests held in a mile long test ‘tube’ near Los Angeles sees one of its pods propelled to 220mph (355km/h). Elon Musk first floated the concept of Hyperloop transportation system in 2013. The idea is for ‘pods’ to travel in a …

Markets

Voice activated shopping partnership between Amazon and Ocado

Voice activated shopping partnership between Amazon and Ocado Hot on the heels of Google and Walmart voice activated shopping partnership, Amazon and Ocado also announce their partnership. Ocado has launched an app using the artificial-intelligent Alexa voice assistant. Ocado is the first UK supermarket to partner with Amazon to offer …

Markets

Trumps tax reform agenda

Donald Trumps tax reform agenda is back in the limelight. He wants to reform the US tax system by reducing its complexity. The headline catcher is his renewed pledge to cut the US business tax (corporate rate) from 35% to 15%. Apparently no new tax plan was offered. His ‘America …

Markets

Wall Street lifts on GDP uplift

Wall Street lifts on GDP uplift Wall Street got a surprise boost yesterday (30/08/17) when Gross Domestic Product (GDP) figures were revised up. US annual growth rate for the second quarter was revised to 3% citing higher consumer spending and strong business investment as the reasons. The Dow Jones Industrial …

Finance

Warren Buffett bargain hunt

Warren Buffett bargain hunt The billionaire investor said that he is finding it harder now to get a stock market bargain. The share price rally has made stocks less attractive. Is this comment from Warren Buffett a significant sign that prices are now too high? As the worlds greatest investor …

Finance

UK consumer credit

UK consumer credit Latest figures from the Bank of England (BoE) show UK consumer credit rose by 9.8% and is now at £201.5 billion. This figure excludes mortgage lending. That’s high, even though it was the lowest since April 2016. Debt in the UK and globally is unsustainably high! Is …