Image source: Getty Images While a £20m SIPP (Self-Invested Personal Pension) may sound like fantasy, it can be a reality. However, the concept becomes more plausible when reframed over a very long timescale. The key is compounding, and the best time to start is at birth. Although a baby can’t open a SIPP themselves, a parent or guardian can do so on their behalf. Under current UK rules, up to £2,880 a year can be contributed to a child’s SIPP, and with tax relief this becomes £3,600. It may not sound like much, but this £240 (plus £80 from the…
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As President Trump’s tariff policy pans out, UBS strategists signal it won’t cause a recession or spell the end of a bull market. “Our base case remains that US tariffs will eventually settle around 15%,” Ulrike Hoffmann-Burchardi, UBS Global Wealth Management’s chief investment officer for Americas and global head of equities, wrote in a note on Monday morning. “While this would be the highest since the 1930s, and six times higher than when Trump returned to office, we do not expect it to cause a recession or end the equity bull market.” In recent days, Trump has unleashed a flurry…
Image source: Getty Images Everyone may be still talking about Rolls-Royce but I have my eye on a lesser-known FTSE 100 gem of a stock that has witnessed a meteoric rise. Since March 2024, the stock is up an eye-watering 248%. The stock in question is Mexican precious metals miner, Fresnillo (LSE: FRES). So, is it too late to join the party? H1 results Soaring gold prices helped propel the miner to report its best set of numbers ever. Revenues came in 27% higher at $2bn. Gross profit rose an astonishing 160% and earnings before interest, tax, depreciation, and amortisation…
Image source: Getty Images UK bank stocks have been lighting up the FTSE 100 this year. Lloyds (LSE: LLOY), for example, has seen its share price surge around 50%. Can these shares keep climbing? Let’s take a look at City analysts’ share price forecasts for Lloyds, Barclays (LSE: BARC), and HSBC (LSE: HSBA) to see what they think. HSBC Let’s start with HSBC because this is one of my favourite bank stocks. I like it because it’s focused on the high growth areas of Asia and wealth management. Currently, the average analyst price target here is 968p. That’s about 5%…
Image source: Getty Images The share price of FTSE 100 healthcare company Smith & Nephew (LSE: SN.) has popped today (5 August). As I write this, it’s up 14%. While that’s a big gain, I reckon there’s more to come from this stock. Here’s why I reckon it’s just getting started. This stock has been a dog This Footsie stock has been weak for a few years now (I’d know because I hold it in my ISA). Up until a few months ago, it was trading around 50% below its pre-Covid highs. This underperformance has been down to a few…
Analysis: Trump’s One Big Beautiful Bill Act will cost the government, you more money A new government report reveals that President Donald Trump’s One Big Beautiful Bill Act will add $4.1 trillion to federal deficits over the next decade, significantly more than previously projected. Updated: 6:47 AM CDT Aug 5, 2025 Editorial Standards ⓘ A new estimate from tthe nonpartisan Congressional Budget Office shows President Donald Trump’s tax and spending law, the One Big Beautiful Bill Act, will add $4.1 trillion to federal deficits over the next decade — a roughly $700 billion jump from a previous CBO projection from…
Many individuals and companies eager to reduce their climate impact purchase carbon “offsets,” paying for an equivalent amount of carbon to be removed via projects that protect or restore forests, wetlands, and other natural ecosystems that sequester carbon.But these schemes haven’t been as effective as hoped, in part because they create an incentive for quantity over quality of nature-based climate solutions, researchers argue in a new study published in the journal Nature.“Currently, nature-based climate solutions and forest carbon markets are struggling to deliver effective climate mitigation,” says study team member William Anderegg, a forest ecologist at the University of Utah.…
Image source: Getty Images If you follow the stock market, you’ll be aware that Rolls-Royce (LSE:RR) shares have surged around 1,000% over the past three years. It’s become the FTSE 100’s crown jewel. What’s more, its valuation is in line with its peers in the US — that doesn’t happen too often. It’s a reflection on the confidence investors have in this firm. One investment that has caught my eye in recent months in Melrose Industries (LSE:MRO). In fact, it’s now one of my largest investments. The company’s current position, characterised by an ongoing transition and beaten-down stock, reminds me…
Image source: Getty Images Reaching £13.23 per share, the Smith & Nephew (LSE:SN.) share price surged 14.6% on Tuesday (5 August), making it the best-performing FTSE 100 share today. The company — whose products include joint implants and wound care treatments — has swept higher after announcing forecast-beating profits for the first half. Not only that, but its data showed sales rapidly gain momentum as the period wore on. Smith & Nephew shares are now trading at their most expensive since February 2022. Is the Footsie business a great turnaround stock for investors to buy? Or is it now looking…
Image source: Getty Images Despite owning many of the most iconic brands in the beverages industry, Diageo (LSE: DGE) shares have been in free-fall for the past four years. Those investors who bought in thinking they were getting a bargain, have ended up owning a falling knife. After several years’ stock market experience, I liken the bottoming of a stock as more akin to a process, rather than as a definitive number. With some early signs of improvement and the stock in the doldrums, is now the time for me to invest? FY results Today (5 August) the company released…