The UK Economy

Goldplat (LSE:GDP), the AIM listed gold producer in Africa, has announces that it has appointed Mr. Hansie van Vreden to the Board of Goldplat as an Executive Director, with immediate effect. In a statement the company said that “This Board appointment is in line with the Company’s strategy of succession planning and strengthening its team, […]

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP  friction-grip method of wellhead engineering, has held its Annual General Meeting.  Jerome Jeffrey Thrall, Plexus’ Chairman, made the following statement at the AGM: “For the twelve months ended 30 June 2013, for the third consecutive year, Plexus […]

The share price of FTSE 250 member Telecom Plus (LSE:TEP) took off this morning like a rocket and has continued to climb at mid-day to 1747.0.  That is nearly a 16% increase on the yesterday’s close of 1507.0.  The intraday increase was powered by the TEP’s acquisition of Electricity Plus Supply Ltd and Gas Plus […]

The Confederation of British Industry has today published its business vision for a reformed EU. After an in-depth study of the UK’s global future the CBI argues that with emerging markets become increasingly dominant that “the UK must maximise openness to global trade – and the best way of achieving this is as part of […]

Lloyds Banking Group (LSE:LLOY) share price is currently trading 78.19 pence, down slightly from the 80 pence mark it had reached at Friday’s close.  The share price has been climbing steadily through this calendar year, in effect, doubling in value from one year ago.  If the share price continues to remain above 73.6 pence for […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This week saw the UK’s FTSE100 Index add a further 100 points (1.5%) to revisit 6,700 as risk appetite remained supported by the US fiscal resolution (albeit short term, be prepared for a re-run), a welcome rebound in China […]

In the early days following the birth of his company, a CEO friend of mine who demanded a minimum 15% sales increase  year-on-year during each period, paradoxically warned his staff to maintain a low profile because “The higher you raise your flag, the more people there are who will shoot at it.”  Nick Robertson, CEO of […]

I was browsing through the financial headlines this morning, when two in particular caught my eye, reminding me of the lengths to which are all inclined to go to find a reasonable explanation for things that have happened although we rarely understand the cause of the effect.  This happens because we tend to believe that […]

When I settle in to my office on a typical morning, Londoners have already had lunch and are ready for afternoon tea.  This sometimes works to my advantage, when I manage to catch the late-breaking stories.  At other times, I feel like I have been left with the scraps left over from my prolific colleagues, […]

Remarkable things are happening at Hargreaves Lansdown (LSE:HL.).  By his own admission, CEO Ian Gorham agrees that “The first quarter of the financial year is traditionally the quietest.”  “However,” he went on to say this morning that, “We are pleased to report exceptional activity in the first quarter of the 2014 financial year.”   HL’s […]