Looking to enter the stock market? If you’re a newbie to stock trading, it’s important to start slowly and learn the basics of how to trade stock. There are various resources to assist you in understanding the ins and outs of the market. Once you’re more comfortable, you can begin to increase your activity level. The first thing you should know is how the stock market works. The stock market is where investors buy and sell shares of publicly traded companies. When you purchase stock, you become a shareholder in the firm. There are two main ways to trade stock: buying and selling. When you buy stock, you’re purchasing a share of ownership in a company. This enables you to vote on certain corporate decisions as well as earn dividends, which are payments provided by the firm to its shareholders. Selling stock is when you sell your shares back to … Read more
Liz Truss has been elected leader of England’s ruling Conservative Party and succeeds Boris
Johnson as the country’s prime minister.
Truss, age 47, had previously served as England’s foreign secretary and was the front-runner in
the race to replace Johnson. She also previously served as minister for the environment, justice,
and international trade.
Truss won the Conservative leadership race by appealing to right-wing hardliners as a tax-
cutting candidate who would take a hard line in future dealings with the European Union (EU).
She beat former Finance Minister Rishi Sunak by a vote of 57% to 43% in the leadership
contest. She assumes the top job heading into a potential winter energy crisis, widespread
union strikes, and an economic recession in England.
As leader of Britain’s largest political party, Truss will be appointed prime minister by Queen
Elizabeth II at Balmoral Castle in Scotland later today (September 6). Truss becomes … Read more
Supermarket shelves could be left lacking certain food and drink items this winter if smaller companies go bust amid high energy bills, a food industry leader has warned MPs.
It will be a “really difficult winter,” Karen Betts, chief executive, Food and Drink Federation (FDF) told MPs at the Business, Energy and Industrial Strategy Committee on Tuesday morning.
The food industry was “caught in the eye of a pretty powerful storm” with businesses battling to stay viable while also trying to keep products affordable for consumers, she said.
If small firms are forced into collapse this winter due to rising energy costs, there would “absolutely” be a “tightening of supply of certain products.”
Companies would feel “reassured” by having “a more detailed conversation” with government about what happens in the event of a disruption to energy supplies over the winter, Betts added.
“As we go through the winter, we will … Read more
Do you have a fantastic idea that you know can turn into a successful business? Like many, you may dream of starting your own gig but are held back because of a lack of resources. Opening a company, even a small one, costs money, and if you don’t have enough to keep the business afloat before it becomes profitable, it may crash and burn quickly.
While it’s an excellent idea to self-fund a part of your business, it’s not advisable to sink all your savings into it. Whether your new business will be a side hustle to compliment your 9 to 5 until it takes off, or if you’re taking the plunge and quitting your job to focus entirely on it, it’s essential to have some money in savings.
Businesses take a while to become profitable, so you will need money to live off, and even if you … Read more