Market Pulse
Sunday share tips: Persimmon, Vodafone, McBride, Telford Homes
Now might be the right time to sell Persimmon shares, said the Sunday Times' Inside the City column, with a trading update due on Thursday. Investors in the house builder have seen the price triple in the last three years and received £800m in dividends. Persimmon was one of three residential builders to figure in the top ten FTSE 100 price risers over the year, and one of four sector-mates in the blue chip index, which is unprecedented and hints at a bubble.
Sunday newspaper round-up: Aldi, house prices, BG-Shell, retailers
If competition in the UK supermarket sector was not hot enough, the Big Four grocers will be sweating even more heavily at plans of German retail invader Aldi to open a record 80 new stores in 2016, 23 per cent more than last year. With fellow discounter Lidl planning 50 openings this year, the Mail on Sunday reported, Aldi's plans will take the chain to more than 700 stores and refute hopes from established players that its pace of growth may slow.
Oil industry faces another year of investment cuts
Oil giants are expected to further increase debt to preserve dividends as the price of a barrel of crude oil scrapes along below $40.
FCA scraps banking and insurance probes
The UK financial regulator has scrapped a series of major reviews into banking and insurance, in what is being read as a significant softening of the government's stance on financial regulation.