Market Report
Sunday share tips: Fenner, Compass Group, Morgan Sindall
Fenner shares were a 'buy' for the Sunday Times' Inside the City column. The plastics engineering group specialises in the manufacture of conveyor belts, industrial seals, medical device components and other bespoke polymers in its Precision division. Having sunk to a six-year low early last year, as its traditional coal markets waned amid the green energy revolution, the stocks has rebounded in style along with crude oil prices.
Sunday newspaper round-up: Brexit, no confidence, Budget changes, HSBC, Sky
A “disorderly Brexit” is now seen as almost inevitable by the world’s biggest banks — ranking on a par with a global cyber-attack as a threat to the international financial system, the City of London Corporation has warned. In a letter to the chancellor sent, Catherine McGuinness, chairwoman of the policy and resources committee at the City’s ruling body, offers her “detailed observations on institutional concerns” following three days of meetings with Wall Street bosses and policymakers in New York and Washington DC.