'Quality investing' is the style pursued by the world's most famous investor Warren Buffett and Terry Smith, arguably the best-known British fund manager who runs the five-star Morningstar-rated Fundsmith Equity (B41YBW7) and consistently favours quality firms. Quality investing has generated strong long-run returns for its practitioners, including Buffett, but how do the leading fund managers off

The unveiling of a new British ISA helped give domestic stocks a modest lift after its announcement in the Budget.The £5,000 limit on the new tax wrapper, which can only be invested in UK assets, will be in addition to the existing £20,000 ISA allowance.The key test will be whether this provides a meaningful boost in terms of flows into UK equities and helps improve what has been a very difficul

NI cut by 2% as predictedFuel and alcohol duty frozenTobacco tax increaseWith the UK having recently experienced a technical recession after two quarters of negative growth to December last year, and the spectre of a general election looming, today?s Budget decisions are ?more critical than ever? says the AccountancyAge website.?This budget is anticipated to navigate the tightrope of stimulating e

Vaping supplier shares down over 6%UK ban on disposable vapes announcedVape sales have grown in recent yearsShares in vaping supplier Supreme (SUP) were down over 6% to 98.50p and Chill Brands (CHLL) fell more than 20% to 3p in morning trading as the UK government announced its intention to ban disposable vapes.Last year prime minister Rishi Sunak said at the Conservative Party conference that he

US regulatory approval for high-level disinfectant Puts company in 'unique' competitive positionOpportunity could be worth 117p to 315p per shareInfection prevention specialist Tristel (TSTL:AIM) has secured US regulatory approval to sell its proprietary chlorine dioxide technology as a high level disinfectant in non-invasive ultrasound scans, sending the shares up 15% to 416.8p.The company estima

Having described Rolls-Royce (RR.) as a 'burning platform', new chief executive Tufan Erginbilgic has wasted no time in getting the share price roaring since he joined at the start of 2023.Rolls-Royce was a jewel in the crown of UK engineering but over the last 10 years it has lost its way, struggling to generate sustained cash flow with the pandemic merely exacerbating its problems given its mate

- Shares gain as company returns to growth- US FDA clearance decision expected mid-2023- Parker Labs royalties renegotiated upwardsShares in infection prevention specialist Tristel (TSTL:AIM) jumped 6% to 330p on Monday as investors welcomed a return to pre-pandemic growth with underlying first-half revenues up 21% and adjusted pre-tax profit up 41% to £3.1 million.Prior to the pandemic and Brexi

Aircraft engine maker Rolls-Royce (RR.) has been pulled higher in the slipstream of a recovering aviation sector in recent months to trade within sight of 52-week highs.Rolls is reliant on lucrative spares and repairs revenue on an installed base of aircraft engines. This revenue stream is directly linked to the number of hours planes are in the air.However, its new CEO Tufan Erginbilgic sounded a

- Jefferies upgrades to buy- Price target increased from 90p to 125p- Material upgrades to cash flow forecastsAn improvement in expected cash flow performance is a key driver for Jefferies analyst Chloe Lemarie to upgrade aviation engineer Rolls-Royce (RR.) from 'hold' to 'buy' with an enhanced 125p price target.Shares in the company responded to the broker upgrade with a 6.6% gain to 99.4p. Thoug

- Strong order intake- 2022 guidance maintained- Investing in R&D, new facilitiesDefence firm BAE Systems (BA.) was on the front foot as its latest trading update showed increased military spending globally was translating into strong order intake for the company.The shares were up 3.1% to 748.8p, extending its year-to-date gains to 35%, as BAE Systems noted many of the countries it operates in ha

- Engine deliveries and maintenance visits at lower end of range- Rolls sticks to full year guidance- Record order intake in Power SystemsThe last trading update from Rolls-Royce (RR.) under current chief executive Warren East may have seen it stick to full-year guidance but there are still plenty of challenges piling up for his successor Tufan Erginbilgic.Shares in the company fell 4.4% to 79.4p

Shares in premium drinks maker Diageo (DGE) are down 8% year-to-date amid worries over a global recession and soaring raw material costs. Also weighing on the price have been fears that drinkers might trade down to cheaper beverages as inflation squeezes consumer budgets, at least in the short term.Yet over the long term, Diageo is ideally placed to prosper from growth in premium drinks. With Diag

A recovery in aviation may have helped aircraft engine maker Rolls-Royce (RR.) so far in 2022 but despite a fairly upbeat trading statement the market remains pretty sceptical on the shares.In an update ahead of its AGM, Rolls confirmed financial performance had been in line with expectations and kept full year guidance unchanged but it also said it was 'well positioned' for growth in its end mark

Stocks in London ended the first day of the week on a mixed note, with Rolls-Royce falling from Friday's highs and a drop in the price of Brent oil sending BP and Shell into the red.In the latest developments, the Kremlin said talks between negotiators from Moscow and Kyiv have so far made no major breakthroughs on the conflict in Ukraine as the delegations prepare for a new round of talks in Ista

Shares in aircraft engine-maker Rolls-Royce (RR.) sank 11.3% to 97.7p on Monday morning.In doing so they reversed a good chunk of Friday's gains on bid speculation as investors became increasingly sceptical over claims on financial blog site Betaville of a looming 'significant corporate transaction' with an unidentified party.Rolls-Royce shares have endured significant turbulence in the wake of th

For now, the escalating conflict in Ukraine shows no signs of easing. After the initial shock, markets were hopeful the economic impact of the war might be contained as the West's opening salvo of sanctions in response to Russia's invasion (24 Feb) were weaker than some had anticipated.However, any relief soon dissipated as Ukraine put up stiff resistance against the Russian invaders and sanctions

Shares were lower and oil prices were elevated again on Tuesday, as Russia stepped up its attack on Ukraine, in defiance of tightening sanctions.Russian forces struck cities in eastern Ukraine and massed armoured vehicles and artillery near the capital Kyiv on Tuesday, as Western powers promised further sanctions to bring down Russia's economy. On the sixth day of Russia's invasion, officials in U

The dramatic tightening of sanctions against Russia for its invasion of Ukraine hurt stock prices on Monday and sent oil prices back above $100 a barrel, but the shares of arms makers were rising after Germany said it will step up its military spending.The US and EU said they would exclude some Russian banks from the international bank payments system Swift and personally targeted Russian Presiden

European market opened deeply in the red on Monday, after Western nations ratcheted up their sanctions against Russia for its invasion of Ukraine.However, makers of military gear were rising after Germany reversed a long-standing policy against exporting weapons to combat zones.At the weekend, the US and EU said they would exclude some Russian banks from the international bank payments system SWIF

Very strong cash generation, a solid growth forecast for 2022 and a backdrop of war in Ukraine helped BAE Systems (BA.) to be a rare market riser on Thursday, up 2.7% to 617.2p.For the year ended 31 December 2021, pre-tax profit rose to £2.11 billion from £1.60 billion year-on-year as revenue grew £0.2 billion to £19.52 billion as margins improved.Order intake increased by £0.6 billion to £2