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After a quiet few years, the FTSE is set to welcome a wave of fresh blood. Alongside Dr Martens and Moonpig – both of which joined the FTSE this week – a number of multi-billion pound companies are preparing to ‘go public’. This will be the first time these companies will be open to retail … Read more
The Office for National Statistics this morning found the UK economy went into reverse in November, shrinking 2.6 per cent on October. Statisticians said new restrictions aimed at curbing the coronavirus, including a second national lockdown, were responsible for the hit to the economy. It means the UK economy is still 8.5 per cent smaller … Read more
MARKET REPORT: FTSE 100 has best-ever start to a year, and Wall Street opens at record high, as hopes for a rally in 2021 grow By Lucy White For The Daily Mail Published: 21:50 GMT, 8 January 2021 | Updated: 21:50 GMT, 8 January 2021 Just by looking at the stock market, one could be … Read more
By all measures, the FTSE 100 index had a terrible year in 2020. While Wall Street’s Nasdaq and S&P 500 flourished as America’s economy ailed, climbing 42 per cent and 15 per cent respectively, the value of Britain’s blue-chip index fell 14 per cent – its worst annual performance since 2008. Hope is on the … Read more
Lockdown gloom stifles FTSE: Market remains up 1.8% by 118 on 6,579 points as gains made on morning of Oxford jab rollout are lost amid fears UK is set for third national lockdown London’s top market gained more than 200 points as it opened this morning Brexit and rollout of Oxford University/ AstraZeneca jab encourages … Read more
FTSE closes down 0.7% or 47 points at 6,556 after approval for Oxford’s Covid vaccine and vote passing post-Brexit deal were overshadowed by three quarters of UK being plunged into Tier 4 lockdown FTSE 100 index of biggest UK firms down by 0.71% or 47 points at 6,556 today Fall comes despite PM’s post-Brexit EU trade … Read more
The London stock market soared by more than 2 per cent today as investors gave a thumbs-up to Britain’s post-Brexit trade deal with the European Union. The FTSE 100 was up by 2.23 per cent or 145 points to 6,647 this morning, in its first day of trading since the dramatic agreement was reached on … Read more
The London stock market crept up today as investors were buoyed by the UK and European Union being on the threshold of striking a post-Brexit trade deal. The FTSE 100 index rose by 0.48 per cent or 31 points to 6,527 in early trading this morning, while the pound was up 0.5 per cent against … Read more
BUSINESS LIVE: FTSE and pound slump as new Covid strain crisis grips the nation; Frasers Group warns on profits; Arcadia sells Evans to Australian firm By This Is Money Published: 08:40 GMT, 21 December 2020 | Updated: 08:40 GMT, 21 December 2020 The FTSE 100 and the pound are deep in the red this morning … Read more
More than £33billion was wiped off the FTSE 100 within minutes of opening today as panicked investors reacted to the devastating economic threat of a toughened lockdown, the new coronavirus strain and the continued Brexit deadlock. The index of Britain’s leading companies fell 1.8 per cent or 117 points to 6,410 shortly after opening in … Read more