UK stock market powers ahead again
The UK stock market has today pushed beyond the 5150 barrier as investors again latch on to optimistic economic data and comments from various companies. Despite the fact only a few days ago there had been indications that investors were running out of steam, the market has picked up again and appears to be going from strength to strength.
However, it is also worth remembering that a number of negative comments have also been released regarding the UK economy, with specific attention drawn to the latter part of 2010 which is a time when some analysts expect the economy to fall back. The situation is also further complicated by the forthcoming general election which many people believe will bring in a new government and a new style of economic management.
While it has to be said that the UK stock market has powered ahead over the last few months, there is also feeling that the underlying strength of the recovery may not be as deep as some people assume. We have in the recent past seen a number of disappointing company results and comments on the future which have, at least for a short period, unnerved some investors. Those who believe the worst is well and truly over and the skies are blue may well be in for a surprise!
Share this..
Related stories
Is the US car manufacturing crisis crossing to the UK?
News that Vauxhall workers have been offered the chance to take a sabbatical of up to 9 months on 30% pay has sounded the alarm bells for many car workers in the UK. The move by owner General Motors is seen as something of a knock-on effect from the US Congress vote which rejected a $14 billion bailout package for the US automotive industry at a time when the largest players are under serious pres...
Read MoreIs George Osborne handing the keys for the UK economy to Mervyn King?
Over the last couple of weeks we have seen mention of various changes on the UK regulatory front all of which appear to point to Mervyn King effectively becoming "kingmaker" in the UK. While there is no doubt that the Conservative party had always intended to pass regulatory control of the UK financial arena to the Bank of England, is George Osborne taking this too far? In simple terms, after t...
Read MoreSecured lending continues to increase
09/04/2015 Secured lending in the UK has seen its 40th consecutive month on month increase, as the latest Secured Loan Index from Loans Warehouse shows an increase of 10.5% in February. In February, lending figures reached £64,375,673 for secured lending. This is one of the highest levels of lending since October 2008, despite it being one of the shortest months of the year, and was an incr...
Read MoreHas the US recession been on the cards for a number of years?
As the US economy continues to stall at an alarming rate many observers are now convinced that the recession we are experiencing now has been coming for many years. A quick look back at the level of government spending in the US will show that spending as a percentage of GDP has been increasing for many years. In effect historic US governments have been mortgaging the future and now with tax incom...
Read MoreWhy has the EU Commission become so involved in UK banking sector?
After news that the EU Commission will be forcing Royal Bank of Scotland to downsize its operations, reduce its insurance division and treble its exposure to the asset protection scheme, many are now wondering why the EU commission is so heavily involved in the UK banking sector?
The problem is that the UK government, and all other EU members, effectively signed over control and reg...