FTSE 100 close: Wage growth fuels rate fears as M&S soars and B&M drops on Wilko speculation August 15, 2023 London’s FTSE 100 ended Tuesday down more than 1.6 per cent, as record-breaking wage growth fueled speculation of a 15th straight Bank of England rate hike. The capital’s blue-chip index was down 1.63 per cent by close of play to to 7,384.94, weighed down by listed investment firm Abrdn, down three per cent, alongside Pheonix [...]
FTSE 100 close: Bleak IMF UK recession warning knocks pound and London index January 31, 2023 London’s FTSE 100 dipped and the pound stumbled today, both driven lower by the International Monetary Fund (IMF) warning the UK is on course to be the only major economy to contract this year. The capital’s premier index fell 0.17 per cent to 7,771.69 points, while the domestically-focused mid-cap FTSE 250 index, which is more [...]
Severn Trent becomes first FTSE 100 firm to have female chair, CEO and CFO February 1, 2023 Boardroom history was made this morning as Severn Trent became the first and only FTSE 100 firm to appoint women to the company’s three top positions of chair, chief executive and chief financial officer. The water company announced the news with the appointment of Helen Miles as the firm’s new CFO, previously the capital and [...]
FTSE 100 close: Global banking rout weighs on index as budget does little to lift sentiment March 15, 2023 London’s FTSE 100 slumped this afternoon as the banking sector faced a major sell-off following concerns over the future of Credit Suisse. The capital’s premier index closed 3.83 per cent lower at 7,344.45 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, shed 2.63 per [...]
FTSE 100 nudges higher after BoJ tightening boosts UK banks December 20, 2022 London’s FTSE 100 nudged higher today after banks were boosted by yet more signals from the global central banking community that policy will keep tightening next year. The capital’s premier index added 0.13 per cent to close at 7,370.62 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of [...]
FTSE 100 dragged down by Persimmon tumbling after property market warning November 8, 2022 London’s FTSE 100 today was pulled down by house builder Persimmon tumbling after it warned rising rates will hit its bottom line. The capital’s premier index edged 0.08 per cent higher to 7,306.14 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0,75 per [...]
FTSE 100 close: Credit Suisse suffers £55bn outflow as BP and Shell claw back losses April 24, 2023 London’s FTSE 100 kicked off a new week in subdued style today, dragged lower by big industrial firms extending last week’s poor performance. The capital’s premier index slipped 0.02 per cent to 7,912.20 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, shed 0.22 per [...]
FTSE 100 close: London flat as investors await health check on UK economy, real estate merger creates £2.6bn fund February 12, 2024 Investors were largely sitting on their heads ahead of a packed calendar of data releases.
FTSE 100 close: Soft Lloyds Bank results spark sell off as Natwest tumbles after Alison Rose exit July 26, 2023 London’s FTSE 100 was dragged down today by investors ditching shares in Britain’s biggest banks after Lloyds posted a soggy set of results that dampened market sentiment. The capital’s premier index fell 0.19 per cent to 7,676.88 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]
FTSE 100 close: London index shakes off poor week as Ocado shines again January 23, 2023 London’s premier FTSE 100 index kicked off a fresh week in positive style today after registering its first five day loss of 2023 last week. The capital’s top index jumped 0.18 per cent to 7,784.68 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, rose [...]