Class of '66, take a bow
Article Abstract:
Investors who selected shares in line with a portfolio chosen in 1966 by Investors Chronicle should have seen the value of their investments rise by more than the All-Share index of shares from London, England. The main reason for this strong performance is that the recommendation included shares in companies involved in natural resources, such as Shell, Broken Hill Proprietary and Anglo American Corp. Some activities are not included such as software, but Bill Gates was a child in 1966.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Britain's wage inflation mystery
Article Abstract:
UK wage inflation has not been pushed up with a drop in unemployment. This has meant that profits have not risen, and interest rates have stayed low. Shareholders have seen higher dividends rather than employees obtaining higher wages. Unemployment has dropped partly due to early retirement and increased take-up of university study. There are also fewer long-term unemployed in the 1990s than there were in the 1980s, so less unemployment is needed to keep wage inflation low.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Comment about this article or add new information about this topic: