As property prices rose on the other side of the pond, Americans used their houses as cash machines. They’ve been borrowing against the rising equity in their homes to fuel the spending spree that lifted …
“There are some things I would like to have inherited from my parents,” says Antonia Senior in The Times, “but a huge great mortgage is not one of them.” Last week, the Kent Reliance Building …
When Citywire AAA-rated Aled Smith first took the helm at the M&G Global Leaders Fund in September 2002, it was worth £115m. The size of the fund has since tripled, yet the little-known fund manager …
In a review of the book Big Coal , Rocky Mountain News is reporting on “The Black Side of Coal Dependency”: ‘America is the Saudi Arabia of coal. Whereas Saudi Arabia has more than 20% …
It’s been a summer that most airline executives would no doubt rather forget. First there was the World Cup, which kept air travellers glued to their television sets for the course of the tournament; then …
Wouldn’t it be nice if we could surf our way to energy independence? Complete freedom from fossil fuels is a pipe dream – for the next few decades, anyway. But maybe we can get to …
This feature is part of our FREE daily Money Morning email. If you’d like to sign up, please click here: sign up for Money Morning. The high street came back to life in August, according …
As travellers head off for the long bank holiday weekend, there are bound to be horrendous delays at UK airports. Increased passenger numbers and tighter security measures will generate lengthy queues. But does this have …
Mind the gap between small and large-cap valuations – it could be about to close For investors, big hasn’t been so beautiful. The divergence in performance between firms in the FTSE 100 and smaller ones …
This week, I have a nice balance between high- and low-risk tips. But as always, I do recommend that you assess how much risk you are prepared to take on, and what sort of returns …