What Labour’s Budget means for the UK economy
Rachel Reeves recently unveiled her Budget, walking a fine line between protecting public services, boosting investment, and maintaining fiscal credibility. With a pledge not to increase taxes on ‘working people’, Reeves emphasized the need to create “wealth and opportunity for all” through increased investment in the economy. One of the key announcements in the Budget […]
How the US election could affect markets
As we approach two major macroeconomic events this autumn, the anticipation and speculation are at an all-time high. With Labour’s first Budget in 14 years set to be announced on Wednesday and the upcoming US presidential election in November, the financial world is on edge. The Budget coverage this week has already begun to hint […]
JD Wetherspoon and the Tim Martin effect
Tim Martin, the founder of JD Wetherspoon, has had an incredible journey since opening his first pub in 1979. Originally named Martin’s Free House, the pub was later rebranded as JD Wetherspoon after a teacher who doubted his potential. Despite humble beginnings, the company now boasts 800 pubs and is valued at over £900 million, […]
Beware of neurotic companies – Investors’ Chronicle
Neuroticism, one of the ‘Big Five’ personality traits, can have a significant impact on how individuals respond to stress and perceive challenging situations. High levels of neuroticism indicate a decreased ability to cope with stress and a tendency to view obstacles as insurmountable. While there may be a genetic component to neuroticism, research suggests that […]
De La Rue offers a potential 30% upside
De La Rue (DLAR) has seen a positive trend in its share price since June 2023, starting from a low point. The recent news of the company selling its authentication division to US-based Crane NXT for £300mn has further boosted its valuation. This deal aligns with the valuation of the division done by Richard Bernstein, […]
Demystifying the oddness of corporate bonds
The bond market can often seem like a mysterious world for stockpickers. While equity sell-offs are often attributed to emotional reactions, bondholders selling can be seen as a calculated move or a way to exert pressure on issuers. The government bond market holds significant power, as the chancellor is ultimately answerable to bond buyers, who […]
Baby Boomers are about to start selling assets
The increasing ratio of net wealth to gross domestic product (GDP) in the United States has raised concerns about a potential asset bubble. In 1995, total US household net worth stood at $26tn, but today it has skyrocketed to $150tn, almost six times higher. This surge in net wealth has not been matched by a […]
How to solve London’s housing shortage
The focus of this year’s London Real Estate Forum was primarily on residential property, reflecting the current political climate and the potential for significant financial gain in the midst of the Great British Housing Crisis. As someone who rents a small flat in an outer London borough and dreams of homeownership, discussions about the necessary […]
BP is returning to type with its latest plans
The recent events in the Middle East have caused some turbulence in the global energy markets, with concerns rising about the potential impact on crude oil volumes passing through the vital Strait of Hormuz. This has led to an increase in valuations for major oil companies like BP and Shell, despite the latter recently announcing […]
Is there value bottled up in this whisky maker?
Artisanal Spirits (ART) made its debut in June 2021 with high hopes, riding on the wave of two major market trends. The first trend was the growing popularity of subscription-based business models, which suited Artisanal well as the sole owner of The Scotch Malt Whisky Society (SMWS), a members-only club for single malt enthusiasts. The […]