Building on momentum or cracks in foundations? Next week sees the final batch of UK 100 companies reporting their earnings from the previous quarter; a host of names from a key sector to the British economy will announce financial figures to the market. The Housebuilders, bellwethers for the state of the UK economy, are traditionally…
In many ways this results season is no different to any other. We’ve had the usual mix of positive and negative company updates, and spicy share prices moves. But I’m still being asked the same old questions about share price reactions, to which my response never changes. “What will the shares do on results day?”…
Shares in SSE are now in the red having given up earlier gains of almost 4%. This after confirmation of a deal to de-merge its UK household and services energy business to combine it with Innogy’s own NPower, deigned to pool investment and deliver cost efficiencies. The arrival of “an efficient new independent energy supply…
Macro observations After a rollercoaster week of central bank updates, appointments and disappointments, it’s back to politics and macroeconomics to drive foreign exchange markets, with events across the globe likely to dictate sentiment throughout the week. Starting close to home, the ongoing Westminster sleaze scandal has gained further traction over the weekend, leading to another…
As it stands, a very respectable 34% of UK 100 blue-chips offer income-seeking investors a projected dividend yield of 4% or better. The Bank of England may just have raised interest rates for the first time in a decade, but reversing last summer’s Brexit referendum emergency 25bp cut to return to a UK base interest…
This week will go down in the history books, if not for the temporary disabling of Donald Trump’s Twitter account then at least for the first Bank of England rate increase in over a decade. As a result, the question that almost all of my clients have asked me is how might this affect the…