Edition:
United Kingdom

Tricia Wright

Income funds turn sights on UK banks as end of PPI saga draws closer

25 Apr 2018

LONDON Huge payouts to customers mis-sold mortgage and credit card payment protection insurance (PPI) have cost British banks dearly for years, but the end may be in sight and income fund managers are starting to show renewed interest in the sector.

Graphic - Rocket science: will Inmarsat's wi-fi in the sky pay off?

29 Mar 2018

LONDON A satellite company wants to bring reliable internet to airline passengers worldwide. But some investors don't seem to be buying it.

Miners knock FTSE after soft China data

28 Feb 2018

LONDON British shares fell on Wednesday, dragged down by mining companies after weak factory data from China, while comments from U.S. Federal Reserve Chairman Jerome Powell reignited expectations of more interest rate hikes in the United States.

Boohoo investors see share slump as 'storm in a teacup'

09 Feb 2018

LONDON Large shareholders in British online fast-fashion retailer boohoo see market concerns over the company's profit margins as overblown and are making the most of a share price rout to add to their holdings.

Forget Bitcoin bubble - will Fevertree go pop?

19 Dec 2017

LONDON A carbonated drinks manufacturer is always in bubble territory.

Looking for Brexit-proof portfolios? Try drugs, alcohol and tobacco

30 Jun 2016

LONDON Health, safety and even some traditional 'sin stocks' have already shown signs of weathering Brexit-related storms in European equity markets over the past week.

Hedge funds hold fire on Tesco, eye rebound potential

01 Oct 2014

LONDON Some hedge funds are holding fire on Tesco in the wake of its accounting scandal and share price slide, with at least one fund cutting its short position as investors assess the potential for a rebound.

Hedge funds hold fire on Tesco, eye rebound potential

30 Sep 2014

LONDON Some hedge funds are holding fire on Tesco in the wake of its accounting scandal and share price slide, with at least one fund cutting its short position as investors assess the potential for a rebound.

FTSE weakens, Next weather warning hits retailers

30 Sep 2014

LONDON Britain's top share index dropped on Tuesday, with retailers falling after Next said it would have to lower its full-year profit forecast if the unusually warm weather continued.

FTSE pegged back by Asia-exposed stocks on Hong Kong unrest

29 Sep 2014

LONDON Britain's top share index ended flat on Monday as unrest in Hong Kong kept a lid on Asia-exposed stocks and concern over demand for metals hit miners.

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