Ryanair Called On To Compensate Customers

Ryanair staff have officially reigned in strike rhetoric, with little public response by the company. However, the independent watchdog of the airline industry in the UK, the Civil Aviation Authority (CAA), has declared that Ryanair should financially compensate any and all passengers who have been affected by the previous strikes. Cancelled Flights Due to strikes, […]

OPEC Keeps Oil Output Steady With Prices Set To Rise

Saudi Arabia, Russia and OPEC have all refused to increase oil production, despite calls from U.S. President Donald Trump’s calls to increase volume. This has led to a four-year oil price high of over $81 per barrel. Oil Price Highs Brent crude oil has reached it’s highest price since November 2014, peaking at $81.16 per […]

Ten Years On, Four Risks Remain In The Financial World

Ten years since the financial crisis that shook the world, Mark Carney, the Governor of the Bank of England, has warned that at least four major risks remain and the financial community should not become complacent. Household Debt The first risk he identified was the high levels of household debt, which a recent study found […]

Footasylum Shares Plunge

Newly-listed sports retailer Footasylum has seen its value nearly halved as shares plunged on Monday. After difficult trading this summer, the “athleisure” brand blamed weak consumer sentiment and warned that the next financial year would see more modest annual earnings. Another High Street Casualty? The retailer said that there was no chance of recovery on […]

Wetherspoons Reports Record Annual Sales And Profits

Wetherspoons is a staple of the UK pub industry. Founded in 1979, and now owning almost 1000 outlets, the company is a prominent figure on both the London Stock Exchange and the FTSE 250. Earlier this month, it announced that like for like sales had risen by 5% between 29th July 2017 and 29th July […]

Paul Pester Steps Down As Head Of TSB

After seven years at the head of TSB, chief Paul Pester is to step down. The news comes after a major IT failure at the bank in April, when customers were left without access to online banking for several weeks, a problem which is still causing minor disruption to the IT systems today. Interim Appointment […]

Coca Cola Buys Costa In Landmark Deal

Drinks giant Coca Cola has agreed to buy the UK’s biggest coffee chain, Costa, for a landmark deal of £3.9bn. Whitbread, Costa’s current owners, bought the coffee company for £19 million in 1995, when it had only 39 outlets. Over the years, it has grown the business into over 2,400 shops and 1,400 outlets in […]

Shareholder Revolts Hit The FTSE

Bosses of FTSE companies are increasingly facing the wrath of shareholders, as they become increasingly angry with issues such as the behaviour of company directors, pay, diversity and performance. Disputes Rise 25% The Investment Association analysed AGM votes and found that over the past year, shareholder revolts concerning major decisions rose by 25%, with 237 […]

Which Broker Has Fewest Losing Traders?

This is a question that most traders think about and yet seems unanswerable… How and why would brokers reveal this information? Thanks to the ESMA (European Securities and Markets Authority), brokers are now bound to disclose their percentage of winning/losing traders. This increased transparency has the potential to disrupt the market for binary options, CFDs […]

Bank of England Announces Highest Mortgage Approval Figures For Five Months

On Monday 30th July, the Bank of England released data that has shown that mortgage approvals in the UK housing market during the month of June hit a five-month peak, representing a healthy performance in the sector. The announcement by the Bank of England will not be a surprise to most within the industry, as […]

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