Alan Green joins the UK Investor Magazine podcast as we discuss Lloyds #LLOY Persimmon #PSN Corcel #CRCL Catenae Innovation #CTEA and Versarien #VRS

Alan Green joins the Podcast as we digest recent updates from FTSE 100 majors such as BP, WPP, Lloyds and Persimmon. The shares operate in some of the most cyclical industries including commodities, advertising, finance and house building. This broad spread means these companies provide vital insight into the health of the wider economy. While […]

Ian Pollard – Gooch & Housego #GHH Impacted by Microelectronic Headwinds

Gooch & Housego plc GHH updates that it is suffering from microelectronic headwinds despite which growth has continued. During the first four months of the financial year the business has seen a downturn in demand particularly from China. A cyclical downturn is also currently being experienced for industrial lasers.  2019 group trading performance is still […]

Lloyds – The UK Economy Is Resilient

Lloyds Banking Group LLOY produced a strong financial performance in the nine months to the 30th September with profits improved on both an underlying and on a statutory basis. Underlying profit rose by 8% and total income by 6%. The improvement continued into the third quarter which saw income rising by 8%. Statutory profit before […]

Lloyds Admits To “Positive Operating Jaws”

Lloyds Bank LLOY admits to having “positive operating jaws” which helped it to produce a strong first quarter financial performance and a significant improvement in statutory profit before tax, despite disagreeing with the house builders (see below) about the state of the UK economy, which the bank says still presents a challenging operating environment. As […]

Metro Bank – Providing A Service, Does Pay

Metro Bank MTRO Cheeky little Metro Bank is giving the big bad banks a lesson in growth and has now moved into profit for each quarter of the second half. Profit before tax in quarter 3 was a tiny £0.6m, increasing to £1.5m in quarter 4. Losses for the full year shrank from £46.4m in […]