FTSE 100 rises and gilts recover but Reeves isn’t out of the woods just yet Markets Chancellor Rachel Reeves was dealt some welcome good news after a surprise drop in inflation that saw gilt yields fall at the fastest pace in over a year on Wednesday, but some economists fear the development represents a temporary reprieve with inflation at risk of rebounding in the coming months. New figures from the Office [...]
JP Morgan: UK policy credibility ‘coming under pressure’ Markets Gilt yields, which reflect the cost of government borrowing, have increased significantly in recent weeks.
Pound sterling suffers as traders pare bets on Fed rate cuts Markets The sell-off comes after a bruising week for UK assets last week, with sterling falling over three per cent and gilt yields picking up to the highest levels in decades.
Resurgent inflation fears drive global sell-off in government debt January 8, 2025 Government bonds suffered a major sell-off on Tuesday as fears about the potential persistence of inflation continued to build.
Pound sterling slumps to $1.24 in the face of dominant dollar January 2, 2025 Sterling's sell-off was accentuated by data out from the US, which showed a smaller increase in the number of jobless claimants than had been anticipated.
FTSE 100 climbs into the green on the back of weaker pound January 2, 2025 The shaky start comes amid widespread uncertainty about the path for the global economy in the new year.
Firm slams City as it plans to leave the London Stock Exchange December 31, 2024 DG Innovate has announced plans to cancel its listing on the London Stock Exchange due to a lack of investor demand for early-stage companies. DG Innovate is an R&D company specialising in sustainable transport and energy storage. Although the firm said it has made “significant operational progress” over the past year, it has still struggled [...]
Canal+ IPO offers hope for troubled London Stock Exchange December 16, 2024 French media giant Canal+ will list on the London Stock Exchange this morning in an early Christmas present for a bourse battered by a string of exits this year.
London Stock Exchange suffers biggest exodus in 15 years as former boss sounds alarm December 15, 2024 The former head of the London Stock Exchange Group has warned its flagship bourse has become "deeply uncompetitive" amid its biggest exodus since the financial crisis.
London Stock Exchange owner sells Euroclear stake for £455m December 12, 2024 The owner of the London Stock Exchange has sold its minority stake in financial markets infrastructure provider Euroclear for £455m. The London Stock Exchange Group (LSEG) said on Thursday that it completed the divestment of its 4.92 per cent holding in the Belgium-based firm. It sold the stake to TCorp, the investment and financial management [...]