Investing
FeedWhy your Sunday roast is set to soar
Adrian Holliday
Sep 3rd 2010
Filed under: Economy, Investing, Manufacturing, Retail
The price of Sunday lunch is going up. Or it will be if you haven't turned vegetarian. Lamb prices are at a near 40-year high. Pork prices have soared and beef prices are also rising fast. Even mince is rising. Something's clearly cooking - but not your roast dinner if prices continue like this.Thames River duo take over F&C funds
David Burrows
Sep 3rd 2010
Filed under: Company, Investing
The entire F&C fund of funds range, has been handed over to former Thames River duo Gary Potter and Rob Burdett. The pair who initially made their name at Credit Suisse, where they also ran multi-manager funds, will replace Dean Cheeseman, and his co-manager Oliver Sonnbichler who leave the firm by mutual consent.
Another manager quits Gartmore
David Burrows
Sep 3rd 2010
Filed under: Company, Investing
Gartmore has seen another high profile departure with fund manager Gervais Williams announcing he is to quit. Williams, a stalwart at the company and head of Gartmore's UK Smaller Companies team, has announced he will leave the company at the end of this month, requiring Gartmore to restructure one of its biggest investment teams.
MEPs to control EU super-regulator
Chris Wheal
Sep 3rd 2010
Filed under: Economy, Investing, Financial Crisis, Insurance, Banking
Brussels MEPs have voted to create almighty super-regulators overpowering national regulators such as the UK's Financial Services Authority (FSA). The EU supervisory authorities (ESAs) and the European Systemic Risk Board (ESRB) should be up and running by January 2011. The MEPs are rejoicing at their power. Industry is rightly scared. Tesco under fire in "secret" land deal
Adrian Holliday
Aug 31st 2010
Filed under: Economy, Small Business, Investing, Retail
Did Tesco buy a town centre through a front company then let it deteriorate so it could land a regeneration deal? Accusations of underhand tactics from UK major retailers aren't new. But a report in today's Times alleges a shopping centre in Linwood, Renfrewshire was deliberately let go to seed by Tesco via front vehicle Edinburgh-based Balmore Properties.Crossrail delay could see Boris quit
Adrian Holliday
Aug 30th 2010
Filed under: Company, Economy, Investing, Job Focus, Public Services
Will Crossrail survive the spending cuts? The 72-mile West-to-East London line could be held back another year in an effort to save cash. The issue is hugely significant for London mayor Boris Johnson - who could even resign if George Osborne delays on the £16bn project come his October spending review.UK dividends bounce back at last
Adrian Holliday
Aug 30th 2010
Filed under: Economy, Investing, Personal Finance, Banking
Inflation-busting dividends are back. Given historically low interest rates and worryingly high living costs, that's good news. Many companies reporting last week hiked dividends. And companies reporting this week - amongst them McBride, Bunzl and Hays - are likely to continue the trend.What defines a good fund?
David Burrows
Aug 30th 2010
Filed under: Investing
Every investor wants good returns on their stock market investment but what defines a good investment fund?
Firstly it is important that a fund clearly sets out its objectives – there should be no ambiguity, as Simon Lewis, chartered financial planner at Partridge Muir & Warren explains.
Almost 80, Warren Buffett Shows No Sign of Slowing
DailyFinance.com
Aug 29th 2010
Warren Buffett turns 80 on Monday, an age at which most people have been retired for a decade. This seems as good a time as any to take stock of a remarkable life in business.UK economy grows faster than thought
Adrian Holliday
Aug 27th 2010
Filed under: Debt, Economy, Investing, Markets, Budget 2010
The UK economy expanded at its fastest rate of growth - 1.2% - for nine years in the last quarter. The Q2 GDP figures are a surprise lift from the Office of National Statistics. So what's going on? A little pre-austerity cut binge? Or something more deep-rooted and longer lasting?Newsagents get poorer as paper sales die
Adrian Holliday
Aug 27th 2010
Filed under: Economy, Investing, Personal Finance, Retail
Your local newsagent is getting poorer. Whether it's Mr Patel or Mr Price, British newsagents are almost 15% worse off than they were 10 years ago. And, according to retail analyst Mintel, the pressure on newagents to make a living is getting worse. But how bad is it really? Let's take a look.Jupiter pulls out of cash and gold
David Burrows
Aug 27th 2010
Filed under: Investing, Markets
Jupiter star manager Philip Gibbs has moved out of cash and also sold out of gold. The manager of the massively popular Jupiter Financial Opportunities fund has chopped the the fund's cash position by more than two thirds over the last couple of months.
Bloodbath warning for equity investors
Adrian Holliday
Aug 27th 2010
Filed under: Economy, Investing, Financial Crisis, Energy, US
Société Générale strategist Albert Edwards has warned that global stock markets face a bloodbath. Excessive valuations based on too much unfounded optimism about an end to the economic downturn have all played their part he says. Bond yields will also be affected.Emerging market via blue chips
David Burrows
Aug 26th 2010
Filed under: Investing
Emerging market fund managers could soon be investing in blue chip stocks listed in the developed world.
This might seem a contradiction in terms but managers are seeing compelling valuations amongst large cap names listed on the major exchanges but with large business interests in the emerging markets.
Polly Peck tycoon prepares for UK trial
Adrian Holliday
Aug 26th 2010
Filed under: Company, Investing, Banking
The Serious Fraud Office (SFO) will shortly roll out the welcome mat out at Luton airport for fugitive Polly Peck tycoon Asil Nadir. Now almost 70, Nadir will land in a Turkish jet and then be electronically tagged. Back to argue his innocence against false accounting allegations, it's a bizarre twist to a saga that saw Nadir's £2bn FTSE-100 business obliterated back in 1990.
