Economy news

• Scottish Mortgage Investment Trust is on a roller coaster

  24-10-2026 09:00 via Latest from MoneyWeek
  
  Shareholders of Scottish Mortgage Investment Trust (LSE: SMT) have been on an extraordinary roller coaster. In the five years to November 2021, the share price almost quintupled before falling nearly 60% in the next 18 months. Since then, they have risen 150% to a new all-time high, putting them easily at the top of the performance table of global funds over three years.Recent attention has focused on SpaceX, in which Scottish Mortgage invested in 2018 at a valuation of $31 billion. Following an
  
  Read more

• What's wrong with the UK stock market?

  24-10-2026 08:00 via Latest from MoneyWeek
  
  In 2000, the UK stock market was the second largest in the world, accounting for 10% of the global total. Now, it constitutes just 3% and is either the sixth or ninth largest, depending on the source of measurement. With an absence of growth stocks (technology accounts for just 1% of the All-Share index), an absence of issuance either from existing companies or new flotations, and a relentless stream of takeovers and emigrations, there is no doubt that the UK's position will drop further.Floatat
  
  Read more

• US executives quit $25bn gas venture over claims of secret Russian control

  24-10-2026 02:22 via Global Economy
  Former CEO of Polar Train LNG tells FT that gas giant Novatek financed and controlled strategic Alaska project without US approval
  
  Read more

Follow @Economy_UKnws on Twitter!