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FTSE dives below 7,000 as coronavirus fears mount

FTSE dives below 7,000 as coronavirus fears mount

The FTSE 100 has slumped more than 100 points to fall below the 7,000 mark as fears over the spread of the coronavirus continued to take their toll on global stock markets. The UK blue-chip index lost 102 points, or 1.5%, to trade at 6,916, dropping below the 7,000...

LEBC profits wiped out after turbulent year

LEBC profits wiped out after turbulent year

[UPDATED] National advice firm LEBC has seen its profits wiped out after a turbulent 2019 which saw it abandon a planned float, struggle with Brexit uncertainty and agree with the FCA to stop DB transfer business.  In its financial statement for...

Scottish Mortgage: Tesla shares could double from here

Scottish Mortgage: Tesla shares could double from here

It’s official. Tesla has displaced Amazon as the top holding in Scottish Mortgage (SMT), accounting for 10% of its £9.5bn assets at the end of January, according to newly published figures. And no, James Anderson and Tom Slater, fund managers of...

Builders and miners buoy FTSE as coronavirus spread slows

Builders and miners buoy FTSE as coronavirus spread slows

The FTSE 100 has rallied as a fall in the number of new coronavirus cases buoyed investors while shares in house builders were lifted by upgrades from analysts at HSBC. The UK blue-chip index rose 59 points, or 0.8%, to 7,441, as the number of new coronavirus...

Hargreaves overlooks Woodford as it rules own funds offer value

Hargreaves overlooks Woodford as it rules own funds offer value

Hargreaves Lansdown said its multi-manager fund range has delivered value to investors, despite large positions in Neil Woodford’s failed Equity Income fund hit hampering In a 78-page disclosure  issued under newfund value assessment rules, the...

Mercantile’s Anderson on why he is overweight tech stocks

Mercantile’s Anderson on why he is overweight tech stocks

The UK is not known for creating great technology companies, but for Guy Anderson, manager of the Mercantile investment trust, the sector is ripe with opportunities. ‘Technology isn’t something with which the UK is usually associated, but looking over the last five...

Q1 Guide to the Markets with Karen Ward

Q1 Guide to the Markets with Karen Ward

Join Karen as she delves deeper into the 2020 investment outlook and uses charts from the new Q1 Guide to the Markets to discuss the key themes shaping global markets in the coming year.