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

RUTH SUNDERLAND: Why Boeing worries BoJo

RUTH SUNDERLAND: The scandal over Boeing’s ‘flying coffin’ 737-Max jets could not have come at a worst time for the airline sector – or for Boris Johnson Boeing’s lack of real competition other than Airbus breeds arrogance CEO Dennis Muilenburg retires with £64m in shares, a pension and options There could also be an impact … Read more

SMALL CAP SHARE IDEAS: Circassia Pharmaceuticals one for the recovery portfolio as sales pick up

Investors have had to be patient waiting for AIM-listed biotech Circassia Pharmaceuticals to come good, but things might now be turning in its favour. A recent trading update highlighted good sales growth while cash – another key metric for any early-stage biotech – was healthier than expected. Circassia was caught up last year in the … Read more