LSE Market News

High street retailer sees strongest quarterly sales growth in the last two years Leading UK retailer Marks and Spencer has announced its strongest sales growth in two years following a 3.1% rise during the first quarter of 2013. Figures released by the company revealed that increased food sales were the central factor for the company’s […]

Vince the Cable Guy is much more refined than his American cousin, Larry, but he is certainly no less opinionated.  In fact, he has managed to grab quite a few headlines in the last several days as he flexes his muscle as Britain’s Business Secretary in attempts to correct all that he perceives is wrong […]

Sefton Resources (LSE:SER), the tin pot oil company that its suing me for libel because I pointed out how on a serial basis it has misled investors ( down 99.9% since IPO) over the years admitted after hours (5.44 PM) yesterday that it misled investors 24 hours ahead of a placing last month – as […]

We are lucky to have a speaker already lined up at the UK’s top investor show which takes place this Saturday April 13th who knew Margaret Thatcher well. In fact we have several but in light of the sad demise of Britain’s greatest Prime Minister we have moved Christopher Booker, the founder of Private Eye […]

UK mining share prices rallied today with a a long list of gainers on the F3MNG Index.  The entire sector was up by just under 3.0% at mid-afternoon, it’s biggest gain in a month. Kenmare Resources (LSE:KMR) was up 5.46% to 29.85.  Hochschild Mining (LSE:HOC) was up 4.82% to 280.50.  Petropavlosk (LSE:POG) gained 4.91% to […]

The share price of Xcite Energy (LSE:XEL) jumped as much as 8.25% to 117.25 by 13:00 today on news that its Bentley Oil Field holds much more in reserves than originally thought. It was just over a year ago (20 February 2012) that Xcite announced that preliminary research indicated that the field contained some 550 million […]

This is so blatant. I cannot see how the authorities are failing to tackle Sefton Resources (LSE:SER). If the company’s uber expensive City lawyers Pinsent Masons wish to bully me again go ahead – you know where to send your letter and you know where I will file it.  But once again Sefton has been […]

It’s that time again and despite being a shortened week post-Easter it has been a busy one. Disappointing Manufacturing updates from Japan, China and the US while we were scoffing chocolate were offset on our return by slightly better figures from Europe which saw the week start on the front foot and the UK flagship […]

Regulator Ofgem finds failures “at every stage of sale process” UK energy sector regulator Ofgem is to fine SSE £10.5million for numerous breaches of its obligations relating to telephone, in-store and doorstep sales activities. In a statement Ofgem said the “level of fine reflects the seriousness and duration of breaches, the likely substantial harm that […]

AIM listed joke company of the year 2001-2013, Sefton Resources (LSE:SER) has this morning released an independent valuation of its Kansas reserves which can only be described as laughable. It is back to its old pal Dr Onat for this corker. It defies belief that anyone should fall for this baloney but here goes. Sefton […]