MARKET REPORT: Builders hitting the right note as uncertainty clears

Borrowing the title of Johnny Nash’s 1972 hit, City broker Peel Hunt yesterday provided an upbeat commentary on housebuilders. In a note entitled ‘I Can See Clearly Now The Rain Has Gone’, it said December’s general election provided more certainty over Brexit, a swing factor for sentiment driving new home sales. ‘More consumer confidence and … Read more

Woodford management firm ‘let savers down’ by not raising alarm sooner

Woodford management firm ‘let savers down’ by failing to raise alarm earlier, says former City minister By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 The fund services business which oversaw Neil Woodford’s doomed investment empire is under fire for failing to adequately protect … Read more

Election jitters sent economy into reverse: Output fell 3% in November

Election jitters sent economy into reverse: Output fell 3% in November, latest figures show By Lucy White For The Daily Mail Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 The economy slammed into reverse ahead of the General Election as political uncertainty hammered business. Output fell by 0.3 per cent … Read more

Traveller flies to Mexico for the air miles – but ends up in jail at the hands of corrupt police

A frequent flyer claims he ended up in a Mexican jail at the hands of corrupt police officers during a trip he took to reach a special loyalty status with an airline. TV and internet producer Andrew Kimmel, from Los Angeles, tells of his extraordinarily rotten luck on his Twitter account – a tale so … Read more