Bristol,UK-based tobacco company Imperial Brands PLC(IMBBY) used to be called Imperial Tobacco Group PLC until recently. The company was founded in 1901 and is one of the largest tobacco makers in the UK and the world. The stock trades on the OTC market in the US and like its peers Imperial Brands has had a great run …
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FTSE 100, the benchmark index of the UK equity market peaked at 6,930 in December, 1999. After 17 years, the index closed at 6,125 yesterday, which is lower than where it was in 1999 – when the dot con mania was at the highest level. Does that mean the index has gone nowhere since 1999? Or …
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The OECD has released a report arguing against UK’s exit from the European Union. The report states that exiting the EU would lead to a decline in British GDP in the future with economic growth stunted. From the report: Membership of the European Union has contributed to the economic prosperity of the United Kingdom. Uncertainty …
Many developed European banks have been in a state of suspended animation for many years now. Though years have passed since the global financial crisis banks in Europe are still unable to recover and return to pre-crisis levels. British banks are no exception as well. Once known for their worldwide reach, excellent service and stable growth, …
The iShares UK ETF(EWU) is the wrong way to gain exposure to the UK economic recovery because of the unique structure of the British equity market.For most countries, the single country ETF such as the EWS for Singapore is the best way to gain exposure to that market. However that logic should not be be …