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Tag Archives: Financial

Brexit: 40% jump in companies in significant financial distress since referendum, report finds

The number of UK businesses in significant financial distress has jumped 40 per cent since the Brexit referendum to 489,000, insolvency specialists have found. Retail, property, construction and property firms are among those that have suffered most, according to Begbies Traynor. In the past year an additional 22,000 companies have fallen into significant distress, …

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Fund Managers Try Financial Planning as Indexing Cuts Profit

As investors flock to low-cost index funds that generate only modest revenue for fund companies, many asset managers are seeking new markets. What several companies, including some of the biggest, have hit upon is a form of financial planning, “a service for which investors are still willing to pay” high …

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What a Trump Impeachment Battle Means for Financial Markets

From the date burglars broke into the Democratic National Committee headquarters in the Watergate complex in June 1972 until the resignation of President Richard Nixon two years later, the S&P 500 fell 25 percent. That might seem to be evidence that impeachment battles and constitutional crises are bad for business …

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