(ShareCast News) - Boeing plans to open its first manufacturing plant in Britain, picking Sheffield to make critical parts for its best-selling 737 and 777 airliners. The company has earmarked the Northern city for a £20m investment where it will produce complex parts for "actuators" which move flaps on the jets' wings. The decision is notable as the US aerospace giant is bringing work in-house, rather than subcontracting it out to the supply chain as is common. - Telegraph
(ShareCast News) - Boeing plans to open its first manufacturing plant in Britain, picking Sheffield to make critical parts for its best-selling 737 and 777 airliners. The company has earmarked the Northern city for a £20m investment where it will produce complex parts for "actuators" which move flaps on the jets' wings. The decision is notable as the US aerospace giant is bringing work in-house, rather than subcontracting it out to the supply chain as is common. - Telegraph Yesterday
(ShareCast News) - Rising fuel and food prices are eating into household budgets as the impact of the Brexit vote on the value of the pound pushes up inflation, according to a Guardian analysis that casts doubt over how much longer consumers can continue to shore up the UK economy. Cracks are starting to show in the picture of economic resilience seen since last summer's vote to leave the EU. Wage growth is slowing just as people's living costs start taking off. Businesses are also feeling the pressures of the weak pound more intensely as it ramps up the cost of imported raw materials and energy while failing to provide the anticipated boon for exporters. - Guardian 2 days ago
(ShareCast News) - The City of London has warned that the loss of banking jobs to EU countries due to Brexit could threaten British and European financial stability. Interviews with more than half a dozen senior bankers and business leaders reveal growing certainty that the threat of losing single market access will force a wave of relocations this year and may cause an "unwinding" of a cluster of related businesses. - Guardian 3 days ago
(ShareCast News) - Allies of Tony Blair will attempt to frustrate Brexit in the House of Lords on Monday by urging peers to rally against the Government. The former Labour prime minister, last week urged people to "rise up" against Brexit and support a new movement to keep Britain in the European Union. - Telegraph 5 days ago
(ShareCast News) - Philip Hammond is set to get a boost from a bigger budget surplus at the start of 2017, giving the chancellor more leeway to cut taxes or increase spending in next month's budget. Hammond is under pressure to use his March budget to provide support to companies hit by sharp rises in business rates, as well as hand extra funding to the NHS, but after recent moves in government bond markets raised the Treasury's borrowing costs he will be likely to think twice about any big giveaways, the Sunday Times said. 6 days ago
(ShareCast News) - Business Secretary Greg Clark is travelling to Paris this evening for urgent talks with Peugeot executives and the French government about the future of thousands of Vauxhall employees in Britain. General Motors - the parent company of the Vauxhall and Opel - is in negotiations about a sale of the marques to PSA Groupe, the French owner of Peugeot. - The Daily Telegraph 8 days ago
They say “breaking up is hard to do” but in financial market break-ups spinoffs can be very profitable and give companies a new lease of life.
A spinoff is the creation of an independent company or in some cases more than one company through the sale or distribution of new shares of an existing listed company to shareholders holding the parent company at a certain date.
Three years ago I came up with the concept for a investment-focused podcast for the ShareTalk website I work on, called Conkers' Corner after my Twitter handle of @conkers3, and five months ago the first recording was made. Below are some of the lessons I have learned or have been reinforced during these years.
The concept of Conkers' Corner is very simple yet extremely educational and beneficial for all: the participants in the podcasts and interviews since I started in May 2016 have included shrewd investors/traders, ISA millionaires, high net worth individuals, business leaders, CEOs, highly respected fund managers and investment writers.
There’s a great debate in the financial industry about which type of analysis produces the best results for traders - is it better to be a technical trader or to rely on the fundamentals?
Is there a common ground between the two? We’ve all heard the phrase All roads lead to Rome. In this article we’ll explore whether this applies to the financial markets.
Graham Spooner, investment research analyst at the Share Centre, picks three top shares among the most popular purchases by equities clients in the last seven days.