Brexit: Sterling falls as Boris Johnson and Jean-Claude Juncker remain at loggerheads September 16, 2019 The pound has shed half a per cent against the dollar this morning as worries grow that Britain and the European Union are no closer to reaching a new Brexit deal. Read more: PM Johnson tips deal in ‘weeks’ ahead of Juncker meeting Prime Minister Boris Johnson is in Luxembourg this morning to meet European [...]
US Election: Biden’s (almost certain) win: How it happened November 6, 2020 Live updates on the US Presidential Election 2020 as Donald Trump and Joe Biden go head to head. Rolling coverage as Americans vote.
Sterling blasts past $1.26 as EU leaders welcome Brexit deal progress October 11, 2019 Sterling rose by over one per cent today to smash past $1.26 as EU leaders welcomed signs that the Brexit talks deadlock could finally break. The British pound climbed 1.8 per cent to $1.267 against the dollar as both European Council president Donald Tusk and EU chief negotiator Michel Barnier reacted positively to talks between [...]
British tech tax to tie up Trump trade talks December 3, 2019 Tech bosses have warned that a digital services tax, included in the Conservative manifesto, could blow future US–UK trade talks off course. US President Donald Trump this week threatened to impose tariffs of up to 100 per cent on some French goods, including cheese and wine, in retaliation to a similar tax passed into French [...]
Helena Morrissey among candidates in running for Bank of England governor job September 22, 2019 Prominent City veteran Dame Helena Morrissey is in the race for the top job as Bank of England governor. The high-flying financier could become Threadneedle Street’s first female boss after making it into a shortlist of candidates being considered to replace Mark Carney next year. Read more: Big banks shift just 1,000 jobs since Brexit [...]
US stock markets hit all-time highs on trade war optimism November 4, 2019 The US’s three biggest stock markets hit all-time highs today as growing optimism about a US-China trade deal and loose global monetary policy caused investors to snap up risk assets. Read more: Donald Trump reveals ‘phase one’ trade agreement with China The benchmark S&P 500, the Dow Jones industrial average, and the tech-heavy Nasdaq had [...]
FTSE 100 loses ground to cap a miserable week February 9, 2018 UK shares shed around one per cent today, capping a disappointing week for investors. The FTSE 100 closed down 1.3 per cent, the mid-cap FTSE 250 was 0.8 per cent lower and the All-Share fell 1.2 per cent. After losing ground on Friday opening, London-listed equities almost recovered during mid-morning activity. Apost-lunchh sell-off prompted another [...]
Cairn Energy to pay out special $250m dividend after Senegal sale December 17, 2020 Oil firm Cairn Energy today said it would pay shareholders a special dividend worth a combined $250m (£188m) on completion of the sale of its Senegalese assets. The one-off payment will see the exploratory firm pay out 32p per share to investors, it said in a statement. The payout, which is expected on 25 January, [...]
Listed firms need public flogging January 31, 2020 The £18.5 trillion in assets managed by members of the Investor Forum would cover a fair few shopping trips to Poundland, and buy its parent’s shares hundreds of times over — but will public market shareholders get the chance? That’s one of the questions indirectly prompted by the forum’s latest annual review, which highlights the [...]
Jeremy Corbyn ‘investment blitz’ pitch to businesses draws frosty response November 18, 2019 Jeremy Corbyn has said an “investment blitz” would create “immense” opportunities for businesses under a Labour government in a pitch to corporate Britain. Speaking at the CBI’s annual conference in London, Corbyn sought to appeal to firms by saying Labour’s Brexit policy would provide “the certainty of a customs union and access to the single [...]