Weekly Investment Update

Frenkel Topping Group Plc (LON:FEN), a specialist independent financial advisor and asset manager focused on asset protection for vulnerable clients, has today announced its interim results for the six months ended 30 June 2019. Financial Highlights   HY

Global News Brexit/UK Parliament suspended – This week, Prime Minister Boris Johnson had a request to suspend parliament between 10th September to 14th October approved by the Queen. When MPs return from their summer recess next

Global News Italian Prime Minister Conte – Italy’s Prime Minister, Guiseppe Conte, announced his resignation this week. This comes as the coalition’s deputy Prime Minister Matteo Salvini, who leads the right wing Lega party, recently called

Global News Recession signals – Fears over the global growth slowdown increased this week, after disappointing economic data came out of China and Germany. The increasing fears encouraged investors to sell risk assets and move into

Global News US-China trade war – The trade war between the US and China escalated further this week, as China’s central bank fixed the yuan midpoint above 7 per US dollar, which is a key threshold

Severe Disability Premium Backdated benefit payments are to be paid to more than 13,000 disabled people after the government accepted a court ruling over universal credit. For those in receipt of the Severe Disability Premium then

Global News Bank of England – The Bank of England (BoE) Governor, Mark Carney, announced that the Monetary policy committee voted unanimously to kept interest rates at 0.75%, which was widely expected. The BoE also forecast

Global News Prime Minister Johnson – Boris Johnson took the reins from Theresa May this week, and became the UK’s Prime Minister. After a long battle to gain control, PM Johnson got to work straight away,

Global News Chinese GDP data – China’s economy slowed this quarter, setting the weakest pace since records began in 1992. The world’s second largest economy grew only 6.2% year on year in the second quarter, which

Global News US Federal Reserve – Federal Reserve chair Jerome Powell testified to the ‘House Financial Services Committee’ and the ‘Senate’ this week. Last Friday US job’s data was released, beating market forecasts, causing global equity

Richard Fraser, Chief Executive Officer of Frenkel Topping said: “We acknowledge today’s announcement from the Lord Chancellor, setting the discount rate at a level which recognises that claimants should receive appropriate amounts of compensation, particularly in

Global News European Central Bank – Mario Draghi’s time as the President of the European Central Bank is coming to an end, and the successor has been chosen. The chair of the International Monetary Fund, Christine

Global News US-Iran sanctions – US President Donald Trump announced a new set of “hard hitting” sanctions on Iran, partly in retaliation after the downing of a US drone last week in Iranian airspace. The sanctions

Global News Central banks – This was the week that securities markets were waiting for, as major central banks announced their monetary policy plans going forward. The European Central Bank’s (ECB) President, Mario Draghi, stated that

Global News Hong Kong protests – Hong Kong’s government attempted to pass a law, that would for the first time ever, allow extraditions to mainland China. Opponents of the new law are concerned that this could

A leading barrister recently revealed that elderly people, particularly those who suffer from dementia, are particularly likely to be financially abused. Ruth Hughes from 5 Stone Buildings Chambers spoke at the London Deputy Day 2019 conference,