James Cummings

The Bank of England (BoE) is the central bank in the UK. As stipulated in its official duties, this bank contributes to a healthy British economy by striving to promote and maintain monetary and financial stability. The European Central Bank (ECB) on the other hand, is charged with administering the monetary policies of the 17 […]

In the midst of increasing economic decline and uncertainties, the US stock market has been able to spread some serious waves by simply delivering a good performance for the year. Much of this unexpected reinvigoration is probably due to stimulus efforts initiated by the world’s central bank as well as the country’s Federal Reserve Bank. […]

The FTSE 100 is the acronym that is commonly used to refer to the Financial Times Stock Exchange 100 stock index. This index is essentially a share index of the most highly capitalized UK companies listed on the London Stock Exchange (LSE). In other words, the FTSE follows the overall value of the largest 100 […]

The leading shares of the 100 companies listed on the LSE suffered their worst week since August last year, just as the air of the Eurozone crisis began to blow even harder, with more escalated discussions on whether Greece would dump the euro, and Spain coming back into the ‘limelight’. As talks intensified over the […]

The pound recently hit a one-month low against the dollar following economy worries in the United Kingdom. The dollar index was surprisingly higher after an unexpected drop in the US unemployment rate which gave investors some confidence with respect to the US economy, thereby leading them to begin to reassess the potential measure and duration […]

It is no longer news that the United Kingdom’sfinancial industry has suffered a major decline in business volume over the three months leading to September;and this fall happens to be the first since July 2009. Furthermore, the industry also witnessed a drop in profitability, with financial companies reporting considerable cost increasesand employment cuts. With this […]

Shares in BAE Systems (LSE:BAE) recently dipped by 1% to 325p, after one of the company’s investors, Invesco, slammed the management for the planned merger with EADS (PA:EAD).  The company had earlier stemmed up plans to merge with European Aeronautic Defense and Space Company, EADS, in a bid to expand its market share. Invesco, which […]

Inflation is a condition in a country’s economy in which the prices of goods and services climb towards the high side. Usually, when there is inflation, the prices of things are often so high that more money is needed to purchase fewer goods or get fewer services. According to experts in the economic field, the […]

As far back as the beginning of civilization, physical silver has constituted a unique medium of exchange as well as a store of value. With the introduction of fiat currencies by various sovereign governments – the US dollar, the euro, and so forth, silver is now viewed moreas an instrument of investment that offers a […]

Mytrah Energy (LSE:MYT), a Hyderabad-based wind energy company recently announced that it expects to make profit before tax that will be running to almost $10 – $12 million on a projected revenue of $28 – $30 million in the first half of the current financial year, which is also the company’s first operational period. The […]