Finance
UK Markets React to First Interest Rate Cut Since 2020
The UK’s financial markets are currently digesting the first cut in interest rates since 2020, as the Bank of England trimmed rates by 0.25...
Edinburgh Worldwide Investment Trust Rides the SpaceX Wave: An Analysis
The latest valuation of Elon Musk's SpaceX at $210 billion (£161 billion) has breathed new life into Edinburgh Worldwide Investment Trust, offering a glimmer...
European Stocks Slump as Burberry Leads Declines; US Markets Rally Amid Political Turmoil
The start of the week saw European stocks opening in the red, driven by a mix of disappointing corporate news and geopolitical uncertainties. Leading...
Navigating Uncharted Waters: The Resilient Surge of the S&P 500 Amid Political and Economic Turbulence
As the political drama unfolds with the latest election cycle, the S&P 500 has showcased remarkable resilience, continuing its upward trajectory in nine of...
Historic Merger Shakes Up the £273bn Investment Trust Sector
In a landmark move within the £273bn investment trust sector, two of the largest listed global funds have announced a historic merger. Witan, a...