2 days ago
(ShareCast News) - Millions of people in their late 30s and early 40s look set to have to work for an extra year after an official review recommended pushing up the state pension age (SPA) more quickly than previously planned. The independent report said the SPA should rise to 68 by 2039 instead of 2046. It also recommended that the state pension "triple lock" is withdrawn in the next parliament. - Guardian
(ShareCast News) - Millions of people in their late 30s and early 40s look set to have to work for an extra year after an official review recommended pushing up the state pension age (SPA) more quickly than previously planned. The independent report said the SPA should rise to 68 by 2039 instead of 2046. It also recommended that the state pension "triple lock" is withdrawn in the next parliament. - Guardian 2 days ago
(ShareCast News) - Britain's high street banks processed nearly $740m from a vast money-laundering operation run by Russian criminals with links to the Russian government and the KGB, the Guardian can reveal. HSBC, the Royal Bank of Scotland, Lloyds, Barclays and Coutts are among 17 banks based in the UK, or with branches here, that are facing questions over what they knew about the international scheme and why they did not turn away suspicious money transfers. - Guardian 4 days ago
(ShareCast News) - Ministers from the world's leading economies have agreed to review banking regulations in a move that could start to unpick reforms made since the financial crisis. The decision was taken at the G20 meeting of finance ministers and central bank governors in Baden-Baden, Germany, over the weekend. - The Times 5 days ago
(ShareCast News) - Unilever is preparing a £6bn sale of brands including Flora and Stork as part of its response to the ill-fated takeover bid from Kraft Heinz. Chief executive Paul Polman will unveil a slew of cost-cutting and restructuring measures next month following shareholder pressure prompted by the unwanted $143bn (£115.3bn) bid from the American food giant. The bid fell apart amid trenchant opposition from Unilever's board. A strategic review, which the board had already started, is now being accelerated. Polman is expected to earmark the sale of the margarine and spreads business as one of a number of possible responses. - The Sunday Times 6 days ago
(ShareCast News) - Theresa May stepped up the pressure on Nicola Sturgeon, accusing the SNP leader of forcing a "fundamentally unfair" independence referendum that would damage Brexit negotiations. In an article for The Times, the prime minister toughens her stance against starting talks over a second independence vote before spring 2019 - the timetable set out by Ms Sturgeon in a surprise announcement this week. 8 days ago
(ShareCast News) - Energy companies are braced for a sharp political backlash on Thursday as MPs debate plans to intervene in energy tariff pricing to protect consumers who are slow to switch. Fifty MPs have backed calls from John Penrose, a Conservative former minister, demanding "immediate action" from Government to ease the pressure on 20 million households which are on standard energy tariffs. - Telegraph 9 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.