LSE Market News

That is the news as of tonight. On a day when two more PLCs signed up to present ( Ariana Resources and The Innovation Group) we did our sums and there are now just 50 seats out of 2,500 left unallocated for what is clearly the UK’s leading investment show It is hardly surprising that […]

There can be no doubt that AIM listed Minoan Group (LSE:MIN) was one of my worst tips for my 12 years at t1ps.com. 241 tips over 12 years delivered an average gain of 42.7% but some tips were not that good and Minoan was in that category. For that I can but apologise. But following […]

CEO Ian Gorham explained that investment firm Hargreaves Lansdown has benefited, at least in part, from the dubious schemes of the London banks.  He boldly said that the company’s six month results “demonstrate that a reputable company can, even in this climate, add genuine benefit to the UK economy and public, whilst paying its taxes […]

Option to issue RBS sharesto UK citizens remains “open”. Vince Cable, the UK’s Business Secretary, has argued that government-held Royal Bank of Scotland shares could be divided amongst UK citizens. Speaking in an interview with the BBC Dr Cable said whilst there was “no immediate prospect” of the troubled bank returning to the private sector […]

The importance of emerging and frontier markets in today’s economic climate is on the rise.  Investment security and room for growth are at the forefronts of investors’ doubtful minds. Where better place for long-term growth than emerging markets? Or better yet – frontier markets. Centamin, the Egyptian based Gold mine dropped 3% on Tuesday amid […]

Centrica has pulled out of plans to build the first in a new wave of UK nuclear power plants. The UK government’s energy plans have been put into doubt following a decision by energy giant Centrica to pull out of plans to build the first in a new wave of nuclear power plants. Arguing that […]

A week before it releases its full year results for 2012, Barclays plc (LSE:BARC) announced it has set aside an additional £1 billion to cover for the bank’s redress over mis-sold payment protection insurance (PPI) and interest rate hedging products sold to small and medium-size enterprises, UK’s second largest bank said on Tuesday. The bank, […]

For the most hideously overvalued company on AIM, Zoltav Resources (LSE:ZOL) the end is nigh. Today saw news that it has drawn down the second and final £250,000 tranche of a £500,000 loan facility made available by its largest shareholder. That suggests that net cash was down to pretty much sod all. And that makes […]

Oil giant BP plc (LSE:BP.) will report less oil production by the end of 2013 compared to that in 2012 as the company continues to reshape its portfolio in line with its ten-point strategic plan to become a “safer, stronger company”, the London-listed firm said Tuesday. The statement came along with the company’s 2012 full […]

As I write, the self styled top chartist in the UK,  Zak Mir is seeking assistance from his five year old to spell the long words correctly as he puts the finishing touches to a new report: “The Ten cheapest oil and mining stocks on AIM to buy Today.” God knows, there are enough of […]