MoneyWeek portfolio of investment trusts – October 2013 update

Merryn Somerset Webb reviews our portfolio of investment trusts. What should you buy now, and which laggards should you drop?

By now you’ll have figured out that when I said I would review our investment trust portfolio every six months, I meant it not as a firm forecast but more as ‘forward guidance’. Just as Mark Carney might start to have a think about UK interest rates when unemployment falls to 7%, I start to look at our portfolio every six months. Neither of us promise to actually do anything. That’s why it has been [...]

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27 March 1963: Beeching recommends cuts to Britain's railways

On this day in 1963, Dr Richard Beeching produced his infamous report that saw many railway lines closed in favour of bus services.