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Investors in FTSE 100 companies had a tough year as more than half of those firms cut, deferred or cancelled over £37billion of dividend payments in response to the Covid crisis, new research shows. But while dividend cuts have been the story of 2020, the outlook for 2021 is more positive, according to analysts – especially … Read more
Warnings of a no-deal Brexit saw the value of the pound plummet today against the euro and US dollar as the financial implications of Boris Johnson’s failed negotiations began to show. The British currency at 9am was 1.3213 dollars compared to 1.3293 dollars at the previous close. Meanwhile the euro was 0.9177 pounds compared to 0.9116 pounds … Read more
London shares hit a nine-month high as FTSE 100 rises by 0.9% or 60 points to 6,550 amid hopes coronavirus vaccine will help business bounce back (but will there be a ‘Santa Rally’?) FTSE 100 rose by nearly 1 per cent to its highest level since March 5 yesterday The rise took gains since the … Read more
The FTSE 100 hit its highest level since June after the UK became the first country to approve Pfizer and Biontech’s Covid vaccine. The jab will be rolled out from next week to pave the way for mass vaccination and could herald a return to ‘normal’ life by next summer. Elderly people in care homes … Read more
The London stock market opened flat today as fears over a No Deal Brexit overshadowed news of Britain becoming the first country to approve the Covid-19 vaccine from Pfizer and BioNTech. The FTSE 100 index of Britain’s biggest companies hardly moved from its opening price of 6385 in early trading today. It came after thousands of non-essential stores … Read more
Rishi fails to rally FTSE with pledge to splash MORE cash: London markets tumble with 42-point slide by 0.65% to 6,390 as Spending Review lays bare Britain’s grave economic state FTSE 100 down at 6,390 soon after Rishi Sunak began speaking in Commons Index of Britain’s biggest companies had been up at 6,464 in early … Read more
Stock market creeps up 0.49% or 31 points to 6,382 after Oxford and AstraZeneca announce vaccine success with Boris Johnson set to reveal details of new Covid winter battle plan later today City awaits Boris Johnson’s plans for a strengthened three-tier system of rules FTSE 100 index of Britain’s leading firms up by 0.49% or … Read more
BUSINESS LIVE: FTSE rises as Astrazeneca confirms vaccine 90% effective; Cineworld secures extra liquidity; AA receives £210m offer By This Is Money Published: 08:10 GMT, 23 November 2020 | Updated: 08:21 GMT, 23 November 2020 AstraZeneca’s vaccine trial and Prime Minister Boris Johnson’s speech today outlining the loosening of lockdown restrictions that will happen after … Read more
We’ve been here before – most recently coming up to a year ago when Boris Johnson bounded into power – only to be left disappointed. But in recent days some respected investment experts are again beginning to make positive noises about the UK stock market. They believe it could move up sharply in the coming … Read more
Gambling sharks’ pandemic payday: Paddy Power owner raked in £15million a DAY as punters got bored at home during coronavirus lockdown Paddypower revealed punters lost £15million a day from July to September The figure was nearly a third higher than it was before the Covid-19 pandemic Raised fears that the boredom of spending more time … Read more