Finance

DOW Jones hits another new record

DOW Jones hits another new record The DOW Jones Industrial Average yet again today (03/08/17) closed at another new high of 22024 That’s seven days of record breaking highs!

Finance

FTSE 100 closes higher

FTSE 100 closes higher The FTSE 100 closed higher on Thursday (03/08/17) – up 63 points to close at: 7475 Best FTSE 100 performer was: NEXT PLC (NXT) – shares up by 9.7% on the day. Worst FTSE 100 performer was: ConvaTec Group PLC (CTEC) – down by 6.4%

News

A list of electric car manufacturers

A list of electric car manufacturers Here is a list of some of the electric vehicles currently available – (no hybrids) – and by no means not an exhaustive list:- Tesla: Model X, Model S & the new Model 3 BMW i3 Volkswagen: e-Golf & the e-Up! Renault Zoe Renault …

Finance

What is the relationship between interest rates, consumer spending & debt?

Interest rates, consumer spending and debt What is the relationship between interest rates, consumer spending & debt? If personal debt levels are rising to abnormal levels again and if the UK recovery is relying on the consumer to spend more – surely the UK’s low interest rate policy is simply …

Finance

£ Pound falls back

£ Pound falls back The £pound has fallen back against the $dollar to £1.31 (earlier, before the BoE interest announcement, the £pound was at $1.325). The FTSE 100 has climbed to 7450 after the Bank of England news.

Finance

UK Interest rate on hold at 0.25%

UK Interest rate on hold at 0.25% The Bank of England (BOE) holds UK interest rate at 0.25%. Growth forecast cut as economy predicted to remain ‘sluggish’.

News

Hyperloop One completes latest test

Hyperloop One completes latest test Just seen this on Hyperloop One website – take a look. Hyperloop One has successfully completed a test of its high speed vacuum tube and pod transportation system. The pod was tested in a 500 metre vacuum tube reaching a speed of 192mph. See link …

Finance

Sterling trading up

Sterling trading up The £pound was up against the $dollar at $1.325 – as traders await the Bank of England policy decision due at midday 3rd August.

Finance

Asian markets fall

Asian markets fall The Japan NIKKEI Index was down 0.4% – The Hang Seng fell by 0.28% – The China A50 Index was also down 0.47% Notably, South Korea KOSPI Index had the largest fall of 1.7% The DOW Jones Industrial Average breaking through the 22000 milestone didn’t appear to …

Markets

Mixed bag for NEXT PLC

Mixed bag for NEXT PLC NEXT PLC (NXT) reports sales at its stores were down but online sales through its NEXT Directory were up! Overall sales for period May – July 2017 were up by slightly less than 1% at 0.7% NEXT PLC share price was up 7.8% (03/08/17 at: …