FTSE 100 climbs another 25.9 points to 6,206.8 after Pfizer’s vaccine news

FTSE 100 climbs another 25.9 points to 6,206.8 after Pfizer’s vaccine announcement set market soaring to three-month high yesterday The FTSE 100 climbed some 22.58 points to 6208.87 in trading this morning IAG, EasyJet and Rolls-Royce adding to gains amid news of coronavirus vaccine  Britain’s bombed out stocks have staged a dramatic recovery after Pfizer … Read more

BA, easyJet and Rolls Royce shares SOAR while Ocado and Just Eat’s drop as Pfizer vaccine gives hope

Up, up and away! BA, easyJet and Rolls Royce shares SOAR while Ocado and Just Eat’s drop as Pfizer vaccine gives hope of a return to normality by 2021 Struggling travel firms British Airways and easyJet’s values rose after the reveal Vaccine announcement also saw share price in Rolls Royce accelerate But delivery firms like … Read more

US Election 2020: Pound sinks against US dollar amid uncertainty

Dollar rises against pound and US bonds are in demand as investors seek safe havens amid ‘extended uncertainty’ of election Leading up to election day markets had been pricing in a Biden clear sweep Strength of US dollar now on the up  as investors flock to ‘safe havens’ By Jane Denton For Thisismoney Published: 11:53 GMT, … Read more

MARKET REPORT: FTSE 100 in worst month since March

The FTSE 100 has suffered its worst month since March as fears of a second wave shook investor confidence.  Britain’s index of leading companies has slid by 282 points throughout October – most notably over the last week, as coronavirus cases have shot up and countries around Europe have begun to impose strict new lockdowns. … Read more

Robert Jenrick resists SAGE calls for another national lockdown

Robert Jenrick today resisted calls from the Government’s scientific experts for another national lockdown as he said ‘you can’t have a stop-start country’.  The Housing Secretary said it is the Government’s ‘very firm view’ that a nationwide ‘circuit breaker’ shutdown is not the right way forward as he insisted ministers intend to stick to their … Read more

FTSE 100 opens trading at six-month low after markets lost £37BILLION

FTSE 100 opens trading at SIX-MONTH low of 5,583 the day after markets lost £37BILLION amid fears coronavirus second wave will cause economic meltdown London market had topsy-turvy first 30 minutes as it rose, fell and rose again FTSE 100 index has not seen such low figures since it closed at 5,582 on April 6 … Read more

Don’t lock Britain down again, plead business chiefs, MPs and medics

Business leaders, campaigners and MPs last night pleaded with Boris Johnson to resist a devastating new lockdown. They warned that it would wreak economic carnage and devastate thousands of businesses. It came as scientists said up to 85,000 could die in a second virus wave. With Emmanuel Macron announcing a new national lockdown for France, … Read more

CBI’s first ethnic minority president leads FTSE 350 diversity drive 

A new drive to increase the numbers of black, Asian and ethnic minority directors sitting on the boards of UK companies is being launched today. The initiative is being spearheaded by Lord Bilimoria, the first ethnic minority president of employers’ organisation the CBI in its 55-year history. It comes as the British-Indian peer, who was … Read more

London markets open flat on 5,823 points

London markets open flat on 5,823 points as Rishi Sunak’s jobs rescue package fails to excite investors FTSE 100 opened flat in London this morning and was trading at 5,823  Shares in Asia advanced overnight cheered by a modest rally on Wall Street Rishi Sunak says virus’s resurgence poses a threat to ‘fragile’ economic recovery … Read more

London markets open down ahead of multi-billion pound ‘winter plan’

London markets reverse early losses to trade only 0.2% or 14 points down at 5,885 after Rishi Sunak reveals ‘winter plan’ to protect jobs FTSE 100 index of UK’s biggest companies falls 0.2% or 14 points to 5,885 today But it turned around early losses which saw it trading down 1.3% this morning   Rishi Sunak … Read more