UK investors seized the bull market last year, as statistics from the Investment Association last week revealed investors ploughed a record net £63bn into funds, ending 2017 at an all-time high of £1.2 trillion. Of particular interest, though, is mounting evidence that investors are seeking to put their money into ethically sound businesses (ethical investing).
The main body representing landlords’ interests has reacted angrily to government plans to introduce mandatory three-year tenancies, with a six-month break clause, to give tenants more security. The National Landlords Association (NLA) says that the new proposals will be too “rigid” and that it has been “misled” (Property Investment).
Bitcoin has broken the $6,700 mark after a few days of hovering above the $6,500 mark. This price level is particularly significant given that it was the first drop level after the 10% dip in mid-June 2018. Many analysts had identified $6,700 and $6,900 as crucial resistance points in the march towards $7,000 (Bitcoin).