The UK Economy

The GBPUSD continued its bullish trend and is expected to this week, this pair continues to build the bullish road. GBPUSD is forming a lower high pattern, below the resistance level at 1.5200. We must be cautious at current levels, because the GBPUSD made ​​a strong bearish movement and this might indicate a change in […]

Unknown what effect this will have on red elastic bands, late deliveries and job prospects for black and white felines. Royal Mail has welcomed the Government’s announcement today that it intends to relinquish overall control and achieve minority ownership in Royal Mail. The Government intends to dispose of a majority stake in Royal Mail this […]

Opened by the Liberal Democrat Business Secretary Vince Cable The £350 million Vivergo bioethanol plant in Hull was officially opened today by the Rt. Hon Vince Cable MP, Secretary of State for Business, Innovation and Skills. The new plant is the UK’s biggest bioethanol producer and largest single-source supplier of animal feed providing valuable commodities […]

All change for Libor NYSE Euronext Rate Administration Limited, a subsidiary of NYSE Euronext (NYX), today announced that following a rigorous selection process conducted by the independent Hogg Tendering Advisory Committee, NYSE Euronext Rate Administration Limited has been appointed as the new administrator for LIBOR. The transfer of the administration from BBA LIBOR Ltd, the […]

Some progress in General Merchandise and an excellent performance in Food • Group sales +3.3% * • Total UK sales +2.7%:Food +4.5%; GM +0.5% • Like-for-like UK sales +0.3%:Food +1.8%; GM –1.6% • International sales +8.7% * • M&S.com sales +29.9% Marc Bolland, Chief Executive that the company’s “General Merchandise business showed some improvement this […]

We have had a massive rally on the legacy portfolio and a nice spike on the specimen portfolio. Get the details on my premium newsletter: Diary of a Contrarian Investor.

One headline in particular blew me away this morning – “Banks Urged by Regulators to Adopt Tougher Internal Auditors.”  Well, duh.  While I am reasonably certain that the Chartered Institute for Internal Auditors expects its members to adhere to the highest possible standard of ethic and conduct, the way that the news is being reported. […]

The GBPUSD is in a strong bearish trend and is very likely, that falls continue in the medium and long term. The GBPUSD is forming a higher low pattern, having fallen over 400 pips last week. The cable is below the 200 day moving average and this strengthens the current trend bearish GBPUSD. The economic […]

The Football Conference and BT Sport have agreed a two-year deal for the new channels to show 30 live matches a season from the Conference Premier. BT Sport will host live broadcasts from the grounds for 25 league matches, plus both legs of the play-off semis and the Promotion Final at Wembley, from the start […]

The share price of Lloyd’s Banking Group moved from up .01 pence to down .27 pence in the time it has taken to write this sentence.  Given Lord Levene’s accusation before the Treasury Select Committee that the Group’s leadership has been “disingenuous” in communicating the facts of Lloyds proposed divestiture of the 632 branches referred […]