Image source: Getty Images Burford Capital (LSE:BUR) shares surged by as much as 20% on Tuesday (1 July). This was driven by two major developments that have lifted clouds of uncertainty and reignited investor optimism in the litigation finance specialist. US threat lifted The first catalyst for Burford’s rally was a significant legislative reprieve in the US. For weeks, investors had been on edge over proposed tax changes targeting litigation finance, which could have undermined Burford’s core business model. The US Senate parliamentarian has now ruled that these tax changes cannot be included in the latest budget reconciliation bill. This…
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Were you one of the winners in July’s National Savings and Investments (NS&I) premium bonds draw? Once again, two lucky players won £1m each this month. The first winning bond number drawn was 224LR913240 and is held by a winner based in Norwich. The winner has £50,000 in premium bonds and purchased their winning bond in June 2014. This marks the fifth jackpot win for the region. The second winning bond number drawn was 083EP714276 by a new millionaire from Nottingham. The winner holds £49,100 in premium bonds and purchased the winning bond in October 1997. This marks the 11th…
raw material and mineral rare earth news Source link
Image source: Getty Images The Glencore (LSE: GLEN) share price has been a horror show. At least it has been for me. Bargain hunters might see a thrilling buying opportunity instead. Analysts certainly do. I bought the FTSE 100 mining giant in 2023 when it was deeply unloved. Little has changed since. The share price is down 37% over the past year. Still, longer-term holders will be a little more upbeat. Glencore shares are up around 65% over five years. Cyclical industries like mining often suffer big swings. When demand and prices are high, profits surge. When the economy slows and…
Investors betting on a near-term plunge in interest rates may be mistaking political theater for monetary policy reality. President Donald Trump’s renewed pressure on Federal Reserve Chair Jerome Powell has stirred speculation in the bond and futures markets. But history — and Powell’s own posture — suggest that such expectations are misplaced. Past confrontations between presidents and Fed chairs rarely produce immediate policy shifts. The lesson: wagers on dramatic rate cuts rest more on wishful thinking than sound economic reasoning. Trump’s variety of moral suasion might strike investors as unconventional. “I call him every name in the book trying to…
Image source: Getty Images Dividend stocks can be a great source of passive income. However, pick the right stocks, and you can potentially enjoy both income and capital gains – a magical combination. Here, I’m going to highlight two UK shares that have the potential to deliver both income and gains in the years ahead. In my view, both are worth considering as long-term investments as we enter July. A strong set-up as we start H2 I’m going to start with a stock that’s a little on the adventurous side and that’s IG Group (LSE: IGG). It’s a financial trading…
Image source: Getty Images Investing in so-called value shares requires patience. These stocks tend to trade at low valuations, often because they operate in unloved sectors or face temporary challenges. That means investors have to wait for sentiment to shift and fundamentals to improve before the shares respond. But when they do, the gains can be worth it. Value shares typically boast low price-to-earnings ratios (P/E) and high dividend yields. They rarely grab headlines, but they can offer long-term rewards for those prepared to hold steady when others walk away. Recovery stocks I took a punt on that idea with…
PBSTrump says U.S. will get rare earth minerals from China and tariffs on Chinese goods will total 55% under new trade frameworkTrump didn’t fully spell out what concessions the U.S. made. Beijing has not confirmed what the negotiators agreed to, and Chinese President Xi Jinping and….3 weeks ago Source link
When you are planning to raise a personal loan, it is vital to remember that being unsecured, a personal loan tends to carry a higher rate of interest.Therefore, it is recommended to compare the interest rates charged by different banks so that you can choose the one which gives a better deal to borrowers. A small tiny difference of 50 basis point in interest rate for even ₹10 lakh loan, repayable over five years, can cost you an extra financial burden of ₹14,760 during the duration of loan.Let us check how different banks are charging different interest rates from borrowers.Personal…
Image source: Getty Images The Barclays (LSE: BARC) share price has been on a tear lately, rising more than 60% over the last 12 months and an eye-popping 200% across five years. Those are dramatic numbers, especially for a FTSE 100 bank, and they inevitably raise questions about whether the shares can maintain this momentum. But with strong earnings, hefty capital returns and improving investor sentiment, the outlook remains bright. Slower progress ahead? Barclays isn’t offering the highest income in the sector. Its trailing dividend yield is just 2.5%, which lags behind FTSE 100 rivals like Lloyds and NatWest, both yielding around 4.5%. HSBC pays 5.6%.…