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Promotions attracting punters but not to spend

Research by KPMG has found that while discount days and special events are attracting punters it’s not necessarily spurring them to spend.

Substantial job losses in the City and fears of more to come hit consumer confidence hard.

Retail sales in central London in November were 0.4% lower than a year earlier, on a like-for-like basis, stronger than the 2.6% decline in the UK as whole.

Retail footfall in November was weaker than in the past few months but still just higher than a year ago, in contrast to the year-on-year decline in the UK as a whole.

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Adviser Matrix gears up for 2009 rush

Adviser Matrix, a free independent research service for brokers says it is anticipating an increase in directly authorised mortgage and independent financial advisers looking to join networks in 2009.

SPECIAL FEATURE: Over the Hedge

To the outside world, hedge funds have historically been seen as closed organisations that seem to make a lot of money – though, granted, most people haven’t the foggiest how they do it. Well now could be the time for more clarity.

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Neptune video: UK economy: a sustainable recovery?

After years of a slowly brewing economic recovery, the UK has seen a strong rise in growth in recent months. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses the strength of this recovery and whether it is sustainable.

In the video, Martin addresses the following:

• Structural features supporting the UK economy
• UK mid-caps and the potential for M&A activity
• Valuations and opportunities in house builders

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