The focus of this paper will be on the role played by post-"Brexit", "Global Britain" in the face of the continuing conflict in Ukraine. Emphasis will be placed upon the background of public opinion and the current political climate in the UK and on how Britain's role on the international scene...

This paper uses the well known pre-holiday stock market anomaly to clarify the uses and limitations of the academic approach to testing for such anomalies with respect to the differing requirements of academics and investors. The approach is not designed to produce information suitable for...

SUMMARY Market structure and individual rationality remain at the centre of a debate as to which is the main driving force in market performance. We examine the role of individual rationality, comparing zero‐intelligence traders with traders with different levels of intelligence using a...

This study considers the risk and return of stocks following price innovations of all sizes on UK data. The results indicate that over a long period of time it has been possible to estimate, to some extent, the expected returns and the variance of returns on a given day from the return on the...