Rolls-Royce’s CEO pay: windfall gains or losses?
The High Pay Centre’s annual review of FTSE 100 chief executive pay reveals that the largest increase last year was at Rolls-Royce (RR.): £13.6mn in 2023, compared with £3.8mn in 2022. This analysis is based on the “single figure of total remuneration” as mandated by government regulation and published in each company’s annual reports. While […]
Next 15 comes unstuck, but was the sell-off overly severe?
Next 15 (NFG) faced a major setback on 6 September when news broke that one of its biggest clients, Mach49, would not be renewing its contract after the initial three-year term. This led to a drastic 50% drop in its market value in a single trading session, resulting in an £80 million hit to its […]
Will wage growth muddy the path to lower rates?
The FTSE 100 has seen significant milestones this year, with the index surpassing and then retracting from the 8,400 mark. Despite various forces influencing the market, a proposed boost from a new British Isa allowance will not be a contributing factor. Initially, city brokers advocated for an additional £5,000 Isa allowance specifically for London-listed companies, […]
Is Warren Buffett taking profits ahead of a tax rise?
The anticipation surrounding Berkshire Hathaway’s third-quarter update is palpable, especially considering the significant cash holdings the conglomerate currently boasts. With $272 billion in cash and US Treasuries as of June, a 67% increase since December 2023, Warren Buffett seems to be preparing for a potential economic slowdown in the US. The recent August update sparked […]
The British Isa is dead – but what of its niche counterpart?
The government’s decision to abandon plans for a dedicated individual savings account (Isa) for UK shares has sparked discussions about the complexity of the Isa landscape for private investors. However, another type of Isa that already exists, the innovative finance Isa (Ifisa), is facing its own challenges and dwindling popularity. Introduced in 2016, the Ifisa […]
Pets at Home: value trap or trapped value?
Pets at Home: The Evolution of Pet Ownership and Retail A few years ago, a lunch conversation in Valencia sparked a debate about the changing dynamics of pet ownership. The discussion revolved around the increasing willingness of pet owners to go to great lengths to care for their furry companions, even at significant financial cost. […]
A blue-sky growth story worth watching
Nvidia, a market darling, once again surpassed its analyst consensus earnings in its recent report. While analysts expected $28.7bn in revenue for the third quarter, Nvidia reported sales just above $30bn. Despite this positive news, the stock initially dropped before rallying and closing lower for the day. This discrepancy highlights the challenge of trading when […]
Why Europeans can't afford AI
The recent decision by Meta not to release its advanced artificial intelligence model, Llama, in the EU due to regulatory concerns has raised questions about the profitability of tech companies in the European market. Compared to the US, many European countries have high GDP per capita figures, with Norway and Denmark leading the pack. However, […]
The taxes investors need to start worrying about
The upcoming Budget on 30th October is causing quite a stir, with Labour sending out a wave of warnings about the state of the nation’s finances. It’s unclear whether the new government is preparing the public for unexpected tax increases or laying the groundwork for significant changes. Prime Minister Keir Starmer’s recent speech hinted at […]
Does it really pay to ‘buy what you know’?
Investment guru Peter Lynch is well-known for his ‘buy what you know’ philosophy, which emphasizes investing in companies within industries that you have expertise or experience in. This approach has proven successful for Lynch, particularly during his time managing the Fidelity Magellan fund. One of Lynch’s most successful investments was in companies like Phillip Morris […]