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      UK economy showing signs of ‘zombie apocalypse,’ says think tank

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Corporate News

  • Rolls-Royce: FTSE 100 giant raises profit guidance after £1bn boost

    Business

    Rolls-Royce has raised its profit guidance after a “strong start to the year” which saw its revenue surge by almost £1bn. The FTSE 100 giant has reported an underlying pre-tax profit of £1.68bn for the first six months of its financial year, up from the £1.03bn it posted for the same period in 2024. New [...]

    Rolls-Royce is headquartered in Derby and is a member of the FTSE 100 index on the London Stock Exchange. (Photo by Paul Ellis - WPA Pool/Getty Images)
  • Chetwood Bank surpasses £5bn after strong growth

    Banking

    Chetwood Bank’s balance sheet has exceeded £5bn for the first time, City AM can reveal, after growing by £1bn in just three months. The digital challenger bank surpassed the milestone in July, with chief executive Paul Noble noting the bank’s “great growth trajectory” and expanding customer base to the rise, after the balance sheet stood [...]

    Chetwood Bank has surpassed £5bn
  • FTSE 100 today: London markets brace for caution amid French election deadlock

    Markets

    Asian markets mixed, euro fell amid France election gridlock. Focus on UK GDP, Wall Street earnings, Fed Chair Powell's testimony, and US CPI.

    FTSE 100 today: London markets set to open lower amid weak global cues
  • FTSE 100 today: London markets set to open higher as Labour seen winning 

    July 5, 2024

    Asian stocks hit record highs; pound steady post-Labour win, gold traded higher; investors eye US jobs data.

  • FTSE 100 today: London markets to remain volatile amid election jitters

    July 4, 2024

    Asian markets reached 27-month highs, oil prices fell, and the US dollar held steady, with global focus now on the UK election.

  • FTSE 100 today: London markets to open lower on weak Asian cues, focus on elections

    July 2, 2024

    Asian markets mixed amid Trump re-election speculation, yen near 38-year low; Eyes on French election deadline and US Jolts.

  • FTSE 100 today: London markets set for muted open ahead of US PCE inflation

    June 25, 2024

    Asian markets quieted post-Wall Street tech sell-off, with Nvidia falling 6.68 per cent. All eyes are on US house price data and Fedspeak.

  • FTSE 100 today: London markets set to extend Friday’s losses, echoing weak global lead

    June 24, 2024

    Asian stocks dip on China-EU trade worries; gold rises on lower Treasury yields. Focus is on US PCE inflation and the US presidential debate.

  • FTSE 100 today: London markets set to open higher on growing rate cut bets

    June 3, 2024

    Asian stocks climb on rate cut hopes, oil prices dip despite OPEC+ extension. Eyes on ECB, BOC policy decision and US non-farm payroll data.

  • FTSE 100 today: London markets set to open higher as yields retreat

    May 31, 2024

    Asian stocks rise despite Wall Street slowdown, Nasdaq's biggest drop in a month. All eyes are on US PCE and Eurozone CPI data.

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