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Investors' Chronicle

Companies & Markets Show: Blue-chip blues

On this week's Companies and Markets Show editor John Hughman talks to Phil Oakley about why the FTSE 100 is failing investors, why M&S may never regain its spark, and why the food industry may be facing lean times (and a couple of Phil's favourite shares to offset the gloom). 

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  • Love and money: A woman’s guide to financial independence

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    Relationships are an important aspect in anyone's life; a matter of the heart but also one for your bank account. In the second episode of Women and Wealth, a video podcast series from Investors' Chronicle, personal finance editor Val Cipriani and digital production journalist Madelaine Apthorpe look at what women should be thinking about as they find true love.Val looks at how women can protect their personal finance in entering a relationship and the important things to take into account as you move through the relationship stages of moving in with your beloved, getting married and having children. Madi discusses with Val how you should split the bills, whilst asking about rental contracts and what support is offered with the likes of Lisas and other savings accounts.Val also answers our reader's question about what financial considerations should be made as she weighs up getting married. Madi and Val look at whether married couple tax benefits offsets the ridiculous price of wedding flowers and how women can protect their personal finances as they enter into deeper financial ties with their partner.Women and Wealth is a six part podcast series from Investors’ Chronicle. You can listen and watch the episodes, alongside our other podcasts, on Apple, Spotify and YouTube and be sure to subscribe to Investors' Chronicle to get all your investing news and advice.
  • FirstGroup, Oxford Instruments & Blue Whale Growth: The Companies and Markets Show

    31:34|
    Valeria Martinez begins the show by unpacking FirstGroup’s (FGP) results. Valeria and Dan explore how the renationalisation of rail franchises is affecting the business, the timeline for other franchise nationalisations and how the company looks compared with its peers.Next, materials company Oxford Instruments (OXIG), which this week announced it was selling its quantum business for £60mn. Julian Hofmann looks at what it will focus on instead, its exposure to tariffs and more. Last up, Alex Newman joins to discuss Blue Whale Growth holding Philip Morris (US:PM). It differs vastly from the fund’s typical tech holdings, and the tobacco company is now considered an ESG stock by some. Listen to find out the latest investment case. Timestamps 1:46 FirstGroup12:42 Oxford Instruments21:38 Philip Morris and Blue Whale Growth
  • Why more women don’t invest and why they probably should

    27:13|
    Why don’t women invest more than they currently do? In this new podcast series from Investors’ Chronicle, personal finance editor Val Cipriani and digital production journalist Madelaine Apthorpe look into the financial decisions and issues facing women in the UK.In the first episode, Val and Madi look at the investment gap and why women should invest more. Boring Money research estimates that there are 3.3mn more male than female investors in the UK. In monetary terms, the gender investment gap in the UK is around £678bn, roughly the size of Switzerland’s economy. As of 2022, British men had on average about £93,000 more in total wealth than women, a gap of 35 per cent.Val and Madi explore why women tend not to invest as much as men, looking at the research that suggests that when women do invest, they’re often better at it. Val explains how to approach your appetite for risk and what women who are considering investing should do as first steps.Women and Wealth is a six part podcast series from Investors’ Chronicle. You can listen and watch the episodes, alongside our other podcasts, on Apple, Spotify and YouTube and be sure to subscribe to Investors' Chronicle to get all your investing news and advice.
  • Women...Why aren't we investing?

    01:04|
    Welcome to Women and Wealth, the new six part podcast series from Investors' Chronicle, looking at the world of investing and personal finance issues facing women. Join personal finance editor Val Cipriani and digital production journalist Madelaine Apthorpe as they explain and advise on everything from how to invest to asking for pay rise at work in the video podcast series.Across the six initial episodes, Val and Madi will discuss the investment gap; as men vastly outweigh women in investing, how to look after your finances in a relationship and moving in with your partner. Looking at the gender pay gap and how women can make sure they're getting fair pay for their work, Madi speaks with The Financial Times' Isabel Berwick about pay and work on tips to getting a better pay check.Other episodes look at the single women penalty, how to make the most of retirement as a woman and in an episode looking how motherhood can affect your personal finances, Val sits down with Alice Guy, a chartered accountant and mother of four.Women and Wealth is a six part podcast series from Investors' Chronicle. You can listen and watch the episodes, alongside our other podcasts, on Apple, Spotify and YouTube.
  • Chemring, Latin American funds & Paragon Banking: The Companies and Markets Show

    27:46|
    In the week the UK launched its strategic defence review, Dan Jones is joined by Christopher Akers to discuss the latest half-year figures from UK defence specialist Chemring (CHG), which have come in ahead of analyst consensus and reveal a record order book of £1.3bn. We then move further afield to Latin America, where stock markets have bounced back after a difficult 2024. Holly McKechnie joins the show to talk about the funds making the most of the rally.Moving back to the UK, companies editor Mark Robinson then joins Dan to discuss another company that has done well in recent days and weeks, Paragon Banking (PAG). What differentiates it from its peers?Timestamps1:17 UK Defence Spending11:30 Latin America19:11 Paragon BankMore on these topics:Chemring points to strategic defence review benefits as order book swellsThe Latin American funds with the most potentialParagon Banking beats expectations and upgrades outlook
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    We start with FTSE 250 retailer Pets at Home (PETS), whose veterinary arm is now making more than the retail business. Mark Robinson unpacks why this may be, the outlook for the year ahead and the valuation case.Our cover feature on 25 years of volatility is next. Julian Hofmann shares a quick recap of the more serious issues investors have dealt with over this period, the lessons learnt and more. Last up, BT (BT). The business's revenue declined year-on-year, but both Ebitda and normalised free cash flow were on the rise. Dan Jones and Mark Robinson unpack what’s been going on at the company. Timestamps1:25 Pets at Home14:31 25 years of volatility23:14 BTMore on these topics Pets at Home boosted by higher-margin vet servicesInvesting lessons from the past 25 yearsBT’s rationalisation boosts cash flows
  • Global trackers, Diploma & cobalt: Companies and Markets Show

    39:16|
    Diploma’s latest results proved that investors’ confidence in the company is justified. Valeria Martinez joins Dan Jones to unpack the case for the specialist manufacturer, and whether its valuation is becoming stretched.  Alex Newman, author of this week’s Big Read on global tracker funds, discusses the contradictions that exist in the popular products and what investors can do to overcome them.We wrap up with Alex Hamer on why it might be the end of the road for the cobalt bull run, and China’s role in this shift.Timestamps1:28 Diploma10:49 Global stock market trackers25:58 CobaltMore on these topics:Diploma hits all-time high after raising guidanceGlobal trackers are broken – here’s how investors can fix themIs it finally time for cobalt to make a comeback?
  • Investing to travel, Experian & Imperial: The Companies and Markets Show

    31:50|
    We start with Experian’s (EXPN) latest results. Host Dan Jones and Julian Hofmann unpack what went right for the business, how it could fare in the event of a US slowdown, and whether investors should get involved. Next up is Imperial Brands (IMB). Chris Akers shares what led to the big share price reaction, how it compares with other competitors in the tobacco industry and what the main attraction is for investors.Last up, Val Cipriani discusses her personal finance feature on investing to travel the world. Listen to find out everything you need to know, from what to do with your home to what kind of portfolio you should build.Timestamps1:28 Experian13:16 Imperial Brands22:33 Investing to travel the world
  • Tariffs, trade deals & investing life lessons: Lee and the IC

    39:09|
    The period since the last episode of Lee and the IC has been eventful to say the least, and the pair begin by unpacking Donald Trump’s tariffs, the subsequent market sell-off, and how it compares to similar eras in market history. The episode follows in typical fashion, and Lord Lee updates listeners on changes he has made to his portfolio in the period following “liberation day”, including Treatt (TET), and reveals why he believes PZ Cussons (PZC ) is a severely underrated stock.To wrap up, Alex queries Lord Lee on how he may use his M&G dividend, and Lord Lee shares why he has been involved in the stock market for over half a century. Timestamps 1:12 Liberation Day reaction3:33 Lord Lee’s opinion of the turn the world is taking5:41 Did Lord Lee expect a climbdown6:51 April’s selloff compared to others in history 9:49 Market rebounds to a downturn11:26 UK and US trade deal 14:04 Lord Lee’s portfolio during the tariff-induced downturn17:29 Lord Lee’s view on holding cash19:09 Treatt22:12 Christie Group 25:44 Workspace29:13 Vianet31:03 PZ Cussons 34:12 Dividend season35:15 Investing for over half a century