Sterling continues upward march. The pound bashed through $1.36 against the dollar on Friday (am 15/09/17) as the FTSE 100 falls back. Will it hold on to these gains?  

J D Wetherspoon reports. End of year accounts from J D Wetherspoon report sales and profits up! Profit before tax is reported at: £102.8 million (up from £80.60 million in 2016). Sales up by: 4% (like-for-like). Where else can you get such good value? J D Wetherspoon PLC (JDW) is …

Asian stock markets end the week subdued Investors appear to largely shrug off the latest provocation from North Korea as another missile is fired over Japan. Japan’s NIKKEI index closed up to end the week at: 19909 and South Korea’s KOSPI index closed up at: 2386. Hong Kong’s Hang Seng …

Electric car manufacturers join forces Electric car makers are combining efforts to cut costs. They intend to save billions by reducing duplicating business functions. Manufacturers: Daimler, Renault, Nissan, Lada, Mitsubishi and Infiniti etc. anticipate the production of 14 pure electric cars and a fleet self-driving taxis by 2022. Bandwagon It’s …

Sterling soars to one year high. The Bank of England’s strong hint that an interest rate rise could be sooner rather than later pushed the pound higher yesterday. Sterling continued to make gains against the dollar this morning and moved above $1.35. Its highest level since September 2016. Is a …

Dow does it again. The Dow Jones Industrial Average (DJIA) yet again set a new record high yesterday (14/09/17) to close at: 22207 This time Wall Street didn’t quite manage to set a trio of record highs as the S&P 500 and NASDAQ closed lower. For the last two days …