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[17 Mar 2011 | Comments Off | ]

Figures showing a greater than expected decline in UK economic growth over the last quarter of 2010 are minor and not likely to be indicative of the health of the UK recovery.
The UK economy was reported to have shrunk by 0.5% in the final quarter of last year, until revised figures were published showing a 0.6% dip – thought by many analysts to have been prompted by sluggish retail sales and severe weather conditions in the run up to the traditionally busy Christmas shopping period.
However, with other sectors of the …

Stock Market News »

[21 Feb 2011 | Comments Off | ]

A stark rise in production costs for UK businesses in January could lead to a suppression of profit margins if businesses don’t up their costs, leading to concern that the inflation could rise further over the coming months.
The costs of production for UK manufacturing businesses has risen by some 13.4% on the year to January, prompting fears that prices may be readjusted to account for the increased costs of production.
Rising fuel costs and other raw materials were said to account for the majority of the price growth, causing a rise …

Spread Betting News »

[24 Feb 2010 | Comments Off | ]

Yorkshire men and women are known for being canny, but it’s still some surprise to see that they are the top spread betting region in the UK.  Or more precisely Leeds is becoming the spread betting capital of the UK.
The betting company Capital Spreads has put out a report showing the range and change in spread betting across the UK Spread betting has grown rapidly across the country, increasing by a third.  However in Leeds it has increased by more than half.
Leeds has become …

Stock Market News »

[26 Jan 2010 | Comments Off | ]

FTSE 100 bounces back, despite plunging in the morning more that 1% on the GDP data from the Office for National Statistics.
It was a bumpy but upwards ride on the stock market today and day traders had another great day of volatility.
Are there any positives to take from today’s markets performances? The answer is more complicated that just a simple Yes or No as FTSE100 companies make most of their money abroad and with the rise of consumer confidence in the US it is no …

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