Liquidity Crisis at Woodford Equity Fund Is Symptomatic of Systemic Problem, Bank of England Warns by Nick Corbishley • Jul 12, 2019 • 29 Comments $30 trillion of assets globally are held by similar open-ended funds.
In Escalation of Trade War With Switzerland, EU Risks Balkanizing Europe’s Financial Markets by Nick Corbishley • Jul 10, 2019 • 34 Comments “Weaponizing” Europe’s financial services, with an eye on the UK after Brexit?
Liquidity Fears Hit Other UK “Equity Funds” as Investors Remain Trapped in Woodford Fund by Nick Corbishley • Jul 8, 2019 • 31 Comments Shares of one fund plunged 22% on Friday. Other funds under pressure, raising serious questions about just how liquid “equity funds” in the UK are.
UK Auto Sales Drop to Five-Year Low in First Half by Nick Corbishley • Jul 5, 2019 • 29 Comments Driven by Diesel Death-Spiral, “decline in buyer confidence,” plunging sales of plug-in hybrids. But EV sales soar.
About this Biggest Plunge Since 2002 in Manufacturing in the UK by Don Quijones • Jun 11, 2019 • 30 Comments It was a doozie, but it shouldn’t have come as a surprise. Here’s why.
Another UK Outsourcing Giant Teeters, Collapsed Shares Add to Woes of Woodford Fund that Just Froze Withdrawals by Don Quijones • Jun 5, 2019 • 35 Comments Kier shares are one of the biggest holdings of Woodford Equity Income fund.
Jaguar Land Rover Books its Biggest-Ever Annual Loss. Sales Collapse in China by Don Quijones • May 21, 2019 • 22 Comments China deliveries in its fiscal year: -34%. And not getting better: in April, -45%.
Vacation Giant & Airline Thomas Cook Verges on Collapse by Don Quijones • May 17, 2019 • 32 Comments Citi Group analysts slashed their price target to zero.
UK Banks Double Down on High-Risk Mortgage Products to Prop Up Housing Market by Don Quijones • May 16, 2019 • 50 Comments Like the mortgage crisis never happened.
After Shares Collapse, Mini Bank-Run Begins as UK Lender Counts Cost of Broken Trust by Don Quijones • May 13, 2019 • 28 Comments This time it’s about the safe deposit boxes at Metro Bank.
