A fresh retail-trading frenzy is reshaping financial markets
I nvestors love an acronym. In recent months they have embraced the TACO (Trump Always Chickens Out) trade. They once swooned over the FAANG stocks (Facebook, Apple, Amazon, Netflix and Google). During Europe's sovereign-debt crisis of the 2010s traders fretted over the PIIGS (Portugal, Italy, Ireland, Greece and Spain). A good memory for initials takes a financial historian a long way. Stocks Finance & economics
A deal with America chooses certain tariffs over risky retaliation
Foreign companies are sharing the load. For now
Hegemons should care about even puny countries
A fierce battle is under way in China
The more useful stablecoins and tokens prove to be, the greater the risk
There are advantages to the old-fashioned working day
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Scottish Sun
9 hours ago
- Scottish Sun
The areas of Scotland where house prices are rising the most – and where owners are LOSING value
Read on to find out which areas have the highest and lowest increases HOUSE THAT The areas of Scotland where house prices are rising the most – and where owners are LOSING value Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) HOUSE prices in Scotland have risen at almost double the rate of the rest of the UK in the last year. The Scottish housing market has remained "buoyant" despite concerns over the struggling economy and a slower than expected drop in interest rates. Sign up for Scottish Sun newsletter Sign up 3 House prices in Scotland have risen at almost double the rate of the rest of the UK Credit: Alamy 3 There were 12 areas which recorded an average price above £10,000 Credit: Alamy Average house prices rose £10,654 in Scotland over the last 12 months, according to analysis of the latest statistics by lettings and estate agency DJ Alexander. Latest data from the monthly house price index shows that between June 2024 and May 2025 average house prices in Scotland increased from £181,273 to £191,927. This was an annual increase of 5.9 per cent compared to a rise of 3.1 per cent in England and Wales over the same period. Across Scotland there were substantial variations in price rises, with East Lothian recording the highest increase of £27,946, Midlothian rising by £19,700, Perth and Kinross up £18,938, Edinburgh increasing by £18,691 and East Dunbartonshire up by £17,962. There were two areas that recorded a dip in average prices, with Aberdeenshire dropping by £5,690 and South Ayrshire falling by £3,376. The next three lowest increases were in Aberdeen, which rose by £625, West Dunbartonshire, which increased by £1,055, and Moray, which was up by £3,161. There were 12 areas which recorded an average price above £10,000. The most expensive place to buy a home in Scotland is East Lothian, with an average price of £297,042, while the cheapest area is Inverclyde at £113,679. David Alexander, chief executive officer of DJ Alexander Scotland, said: "The Scottish housing market remains buoyant with an average increase of £10,654 – equivalent to a 5.9 per cent rise over the year – at a time when interest rates have fallen at a slower pace than anticipated alongside continuing concerns over the performance of the economy. "Particularly striking is that the Scottish increase is almost double the percentage in England and Wales, where average prices only rose by 3.1 per cent over the same period. Inside ex-Celtic and Scotland star's £3m property empire as free agent spends almost £1m on two properties in St Andrews "With 12 areas recording an increase of over £10,000, this is a clear sign that demand remains strong from Scotland's homebuyers. "However, the gap between the most expensive place to buy and the cheapest is concerning and could indicate a growing divergence between some more affluent areas and the rest of Scotland. "Overall, though, the Scottish housing market remains in remarkably good health with strong average price growth and demand remaining good. "Whether this continues remains to be seen because this level of annual growth is quite unusual historically. However, for the moment, these figures show a remarkable resilience on the part of Scottish homebuyers." Over the last five years, average prices in Scotland have risen by 27.9 per cent, reflecting a high level of sustained growth in the Scottish market. The average prices in England and Wales rose by 23.1 per cent over the same period. This means that for half a decade Scottish house prices have been rising at a faster rate than our neighbours across the border.
Economist
12 hours ago
- Economist
A fresh retail-trading frenzy is reshaping financial markets
Finance & economics | Meme stocks Photograph: Alamy Jul 29th 2025 | NEW YORK | 4 min read I nvestors love an acronym. In recent months they have embraced the TACO (Trump Always Chickens Out) trade. They once swooned over the FAANG stocks (Facebook, Apple, Amazon, Netflix and Google). During Europe's sovereign-debt crisis of the 2010s traders fretted over the PIIGS (Portugal, Italy, Ireland, Greece and Spain). A good memory for initials takes a financial historian a long way. Stocks Finance & economics A deal with America chooses certain tariffs over risky retaliation Foreign companies are sharing the load. For now Hegemons should care about even puny countries A fierce battle is under way in China The more useful stablecoins and tokens prove to be, the greater the risk There are advantages to the old-fashioned working day
Daily Mail
15 hours ago
- Daily Mail
Albanese government confirms whether YouTube will be allowed for under 16s as part of social media ban
The Albanese government has decided to include YouTube accounts in its ban on access to social media for those under the age of 16. The decision will be controversial with many social media users, especially young people, and face resistance from the company. YouTube, owned by Google, has threatened to sue if it were included in the ban. The government said in a statement that it was 'Informed by advice from the eSafety Commissioner'. The eSafety Commissioner, Julie Inman Grant, said in her advice to the Minister for Communications Anika Wells last month, 'YouTube currently employs persuasive design features and functionality that may be associated with harms to health, including those which may contribute to unwanted or excessive use'. Apart from YouTube, platforms that will be age restricted are Facebook, Instagram, Snapchat, TikTok, and X, among others. Platforms will face fines up to $49.5 million if they are found to fail to take responsible steps to prevent underage account holders using them. Young people would still be able to access YouTube through a search, but would be unable to set up an account. Argument has raged about whether YouTube should be included in the ban, with those opposed to capturing it arguing it has educational value to younger people. 'YouTube is a video-sharing platform, not a social media service, that offers benefit and value to younger Australians,' a YouTube spokesperson said in its defence. A range of online gaming, messaging apps, health and education services are being exempted from the ban. 'These types of online services have been excluded from the new minimum age obligations because they pose fewer social media harms to under 16s, or are regulated under different laws,' the government said in a statement. The ban comes into effect on December 10 this year. Age-restricted social media accounts are defined as services that allow users to interact and post material. 'Our government is making it clear – we stand on the side of families. Social media has a social responsibility and there is no doubt that Australian kids are being negatively impacted by online platforms so I'm calling time on it, the PM said. 'Social media is doing social harm to our children, and I want Australian parents to know that we have their backs.'
