Finance
‘No such thing as luck’ argue London’s small business owners
By Joe Mellor, Deputy Editor New Research shows 71% of London-based SMEs do not believe in luck in business, but almost one in three think it has a strong influence on success London business owners have poured cold water on the notion that you need to be lucky in order to be successful, according to new research conducted on behalf of online accounting and payroll software Sage One. The study of more than 1,000 small business owners across the UK...
Academic applauds CMA’s decision to investigate banks
By Joe Mellor, Deputy Editor A senior academic has shown his approval of the CMA’s decision to investigate High Street banks over a lack of competition. The big four High Street banks, which provide 77 per cent of current accounts and 85 per cent of business lending, may ultimately be forced to divest businesses and allow new competitors. Dr Steve McCabe, economist, lecturer and active researcher from Birmingham City University’s Business School, said: “Learning that the Competition and Markets...
Jonny’s Shares
Sports Direct move down under, Firstgroup have come to the end of the line whilst Halfords wheel off into a French frenzy For the last month I have been away on vacation in America though the FTSE has seemingly been pretty flat. However, if readers of my column invested in TSB prior to them going live on the FTSE you could have made over 10 per cent within a week, but they were offering a maximum stake of approximately £3,600....
This Week’s Stocks and Shares Advice
Betfair looks to bolster the books with US investments whilst Belways have seemingly bucked the trend after a stagnant time on the Governments Homes to Buy scheme! Last Week Review: Last weeks advice in relation to Synergy health was positive they were up 6.2 per cent on Thursday after a set of positive results. Currently I'm in America for three weeks so will be covering some goings on in the Nasdaq, and Dow Jones whilst keeping up to date of the...
Monday 26-05-2104
Quiet week on the FTSE with Severn Trent and AVEVA looking good investments Last Week's Roundup: Last week saw SSE announce their profits rose by 9.6 per cent, which was largely due to the price hikes discussed in last weeks article. The price rises were to cover outstanding costs and help preserve the longevity of SSE, but following this positive news about profits their share price declined on Wednesday. Investors will be concerned due to Ofcom tightening the regulations on...