When cheap is not cheerful

Centrica focuses on investment: Lower energy prices weighed on Centrica’s full-year earnings for 2025, which fell 40% from a year earlier, says Rachel Millard in the Financial Times. The owner of Brit

Last year was a good one for investment trusts. They saw a total return of 16.1% (as measured by the FTSE All-Share Investments index, which excludes 3i) – well behind the All-Share index total return

The adage that “elephants don’t gallop” – as the late investor Jim Slater put it – has become accepted wisdom. Yet for many years, large caps have comfortably outstripped smaller ones. The Numis Small

Transport Select Committee report on investment exposes years of inconsistency and uncertainty in key areas

Nick Train, Terry Smith, James Anderson and Harry Nimmo are among the most celebrated British fund managers. All four built outstanding records in their respective styles by employing a high-convictio

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