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British new car registrations jumped 26% in February from a year ago, raising the prospect of nearly half a million plug...
06/03/2023

British new car registrations jumped 26% in February from a year ago, raising the prospect of nearly half a million plug-in cars joining the roads by the end of this year, according to industry data released on Monday.

The upcoming spring budget on March 15 should include setting out a long-term plan for investment in charging infrastructure to meet demand from battery electric vehicles and plug-in hybrid cars, the Society of Motor Manufacturers and Traders (SMMT) said in a statement.

The industry body also called for a review of the Vehicle Excise Duty premium that it said would unfairly penalise buyers switching to the more expensive electric vehicles.

Proactive Investors - As signs of spring emerge, London's results season is still going strong, with results this coming...
06/03/2023

Proactive Investors - As signs of spring emerge, London's results season is still going strong, with results this coming week from life insurers Aviva and L&G, to bookmaker Entain, cybersecurity specialist Darktrace and sausage roll maker Greggs .

In macro matters, there are two major central bank decisions (Japan and Canada) plus some illuminating economic data likely to inform the central banks of England, the US and EU the week after - most notably the US jobs report at the end of the week.

Twilio (NYSE:TWLO) shares gained more than 5% on Tuesday after CEO, Jeff Lawson, disclosed that he purchased 158,081 sha...
05/03/2023

Twilio (NYSE:TWLO) shares gained more than 5% on Tuesday after CEO, Jeff Lawson, disclosed that he purchased 158,081 shares, or about $10M worth, at $62.459-$64.059.

Shares were bought indirectly through the Lawson Revocable Trust. He now owns 226,397 shares indirectly and 184,032 shares directly.

The company reported its Q4 earnings last month, with both EPS and revenues coming in better than the consensus estimates. However, two days after the beat announcement, CFRA downgraded the stock to Buy from Strong Buy with a price target of $96.00, erasing the significant share price gains following the beat.

Anyone arriving illegally in Britain will be prevented from staying, Prime Minister Rishi Sunak said in an interview pub...
05/03/2023

Anyone arriving illegally in Britain will be prevented from staying, Prime Minister Rishi Sunak said in an interview published on Sunday, ahead of new legislation which is expected to be set out next week.

Under pressure from his own lawmakers to find a solution to the flow of migrants arriving in Britain across the channel from Europe, Sunak has made stopping small boats one of his five key priorities.

"Make no mistake, if you come here illegally, you will not be able to stay," Sunak told the Mail on Sunday newspaper.

Under current practice, asylum seekers who reach Britain are often able to remain in the country to have their case heard.

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