Time for investors to take a look at post-Brexit U.K.

2020-01-30

More than three years of pre-Brexit uncertainty have taken a heavy toll on the U.K. economy, with gross domestic product some 3% lower than it would have been otherwise, according to most estimates. And the stock market, as measured by the FTSE 100 index UKX, -0.75%, has massively underperformed itsRead More →

U.K. gambling operators pressured by credit-card ban

2020-01-14

Shares of U.K. gambling companies slumped Tuesday after a ban on credit-card use was announced. The slump, which hit companies including 888 Holdings 888, -1.51%  , GVC Holdings GVC, +0.17%  , William Hill WMH, -1.08%  and Flutter Entertainment FLTR, -0.02%  , came as the U.K. Gambling Commission announced a banRead More →

Queen Elizabeth issues statement on Harry and Meghan: ‘We would have preferred them to remain full-time working members of the royal family’

2020-01-13

Britain’s Queen Elizabeth issued an unprecedented statement on the future of Prince Harry and Meghan Markle. “Today my family had very constructive discussions on the future of my grandson and his family,” the queen wrote in a statement. “My family and I are entirely supportive of Harry and Meghan’s desireRead More →

‘Meghan Markle found out she would be a civil servant in a tiara.’ The royal couple’s American adventure will make them rich beyond their wildest dreams

2020-01-10

It’s been said that behind every great man is a great woman. In Prince Harry’s case, it’s three wealthy and media-savvy women. Prince Harry receives income from Prince Charles, but they have vowed to become “financially independent.” Prince Harry owes his fortune to three famous women: his mother, the lateRead More →

UK economy caught between Brexit and a hard place

2019-12-17

Now that his conservative party has won the UK election in a landslide victory, triumphant prime minister Boris Johnson can turn his attention and energy to the economy. And the next five years will be marked by the opposing effects of his party’s policies, which on the upside should boostRead More →

Tullow Oil cuts guidance for oil production and CEO resigns

2019-12-09

Tullow Oil PLC said Monday that it has cut its production forecast for the near term after 2019 output fell significantly below expectations and Chief Executive Paul McDade has resigned with immediate effect. The energy company TLW, -58.67%  said that despite a solid financial performance, it expects net production inRead More →