The UK Economy

The UK Financial Investments Limited, Britain’s manager of Government assets in the Royal Bank of Scotland (LSE:RBS) will vote against any proposal which would give bonuses to the bank’s executives up to twice as much as their salaries, the Board of the Royal Bank of Scotland told Friday. 81-percent government-owned RBS had earlier contemplated, in […]

(ISDX:CFCP) Capital for Colleagues, the ISDX-quoted investment vehicle focused on opportunities in the Employee Owned Business sector, has announced that is has made its fifth investment through a convertible loan of £100,000 to Midland Construction Supplies Limited, a UK based company with a ten year track record in the supply of accessories for the construction […]

The Pound Sterling ticked upwards after the Office for National Statistics released today, production index for February 2014 that exceeded economists’ estimates. Data gathered by ONS showed total production output increased by 2.7% in February 2014 compared to that a year ago, led by the manufacturing sector, that saw a rise of 3.8% – the […]

Worth nearly £1m Plexus Holdings PLC, an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has announced that it has received an additional purchase order from Centrica Plc to supply surface wellhead and mudline equipment services for a gas appraisal well in the Southern […]

The Board of Royal Dutch Shell has announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2013 interim dividend, which was announced on January 30, 2014 at US$0.45 per A ordinary share (“A Share”) and B ordinary share (“B Share”). Dividends on A Shares will be paid, by default, […]

Sources close to David Nish, CEO of Standard Life (LSE:SL.)have reported hearing him sing a new version of an old song behind his closed office doors of late. Today, he sang his song in public on the occasion of the publication of the company’s full year’s results for 2013. Standard’s share price fell by 1.17% today […]

As I begin this article we are just a few minutes away from a 2:00 pm Investor and Analyst Seminar presented by Tesco (LSE:TSCO) executives, outlining the company’s strategic priorities for “Winning in the new era of retail.” The presentation will be led by CEO Philip Clarke, UK Managing Director Chris Bush, Group Multichannel Director […]

The headlines are ablaze this morning perpetuating a rumor that RBS (LSE:RBS) will announce next Thursday (27 February) that it will be slashing 30,000 jobs. I initially ignored the hype as a basis for a story today for three reasons: It’s still only a rumor The rumor is spreading like wildfire I’ve got one eye […]

Every month is a part of a repetitious cycle of, among other things, waiting for job reports and central bank reports so that investors have some idea of what to do with their money. The longer I am associated with investing and the economy from a reporting perspective, the more this cyclical waiting and reacting […]

Yeah. I couldn’t find anything either.