The euro has shed more than 9% against the British pound since the start of the year, marking one of the biggest slides for the currency over the past 5 years. While this is great news for holidaymakers and those looking to buy a bolthole on Continental European shores – the weak euro could also pose an investment opportunity for some investors.
UK online-only retailer, Asos has reported an impressive 20 per cent increase in sales over the past four months. This is welcome news for the former AIM-listed fashion shop after what was a pretty dismal year in 2014.
“The Competition and Markets Authority is expected to say this week that it will not force the Big Six energy firms to break up, and that the vertical integration structure under which the Big Six operate does not result in higher prices. The announcement is to follow after a year-long review which was fuelled by the significant increases seen in energy bills over the past few years.
It took a three-year long review but it seems increasingly likely that the UK is to get a third runway for its largest airport.
The Alternative Investment Market (AIM) is turning 20 today and to celebrate FE Trustnet is looking at the top and worst performing UK smaller companies funds over the past 5-years.