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Investment fads of years gone by: Where are they now?

  • December 27, 2024
From the metaverse to meme stocks, investment fads have come and gone over the years, quickly disappearing out of the market’s collective memories. While AI might be the latest trend gripping the attention of stockpickers, it is worth remembering previous crazes in the market, to learn from (and laugh at) the mistakes of previous cycles. [...]
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Thames Water urges high court to accept restructuring plan

  • December 26, 2024
Thames Water has urged the High Court to accept its £3bn restructuring plan in a bid to avoid renationalisation. The company said today that over 75 per cent of creditors have backed the restructuring, and cited a new report claiming that no creditors will be worse off as a result of the plan. In October, [...]
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Badenoch accuses Farage of ‘fakery’ over Reform membership figures

  • December 26, 2024
Conservative leader Kemi Badenoch has accused Nigel Farage of “fakery” over Reform UK membership numbers, after his party claimed they had surpassed the Tories in signed-up members. Mrs Badenoch said Reform’s counter was “coded to tick up automatically”, but Mr Farage said he would “gladly invite” a firm to “audit our membership numbers” as long [...]
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Caution persists in London’s prime property market after Budget hit

  • December 26, 2024
A tense political and economic environment has left buyers of prime property cautious in the last few months of the year, with prices dipping in central London. House prices in Knightsbridge and Belgravia fell by two per cent and 1.5 per cent, respectively, while prices fell 0.8 per cent across the capital as a whole, [...]
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How Asian stock markets are dominating the UK on IPOs

  • December 26, 2024
Asian stock markets continued to surge in popularity in 2024, outperforming the languishing UK market in IPOs. Throughout this year, Asia has dominated on stock exchange floats, with over 600 IPOs throughout the year, more than two thirds of the 867 floats globally in 2024, according to data from Globaldata. In comparison, the UK market [...]
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Israeli air strikes on Yemen airport ‘were metres from WHO chief’

  • December 26, 2024
A new round of alleged Israeli air strikes in Yemen have targeted the Houthi rebel-held capital and multiple ports while the World Health Organisation’s director-general said the bombardment occurred nearby as he prepared to board a flight. “The air traffic control tower, the departure lounge — just a few metres from where we were — [...]
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