Banks, homebuilders and retailers in focus as London markets brace for Labour election victory June 30, 2024 The UK general election is in focus this week as investors brace for a widely expected Labour landslide that could share price moves across the FTSE 100.
Persimmon ‘on track’ to build 10,500 homes this year as property market recovers April 25, 2024 Persimmon said it is on track to build between 10,000 and 10,500 properties this year, in the latest signal of green shoots emerging in the market despite interest rates remaining high.
FTSE 100 close: Rising oil prices and struggling housebuilders hit London indexes September 6, 2023 London markets fell early on Wednesday as rising oil prices raised the prospect of continued inflationary pressures.
FTSE 100 close: Easing in wage growth gives London markets a lift October 17, 2023 London's FTSE indexes climbed in early trade after new figures from the Official for National Statistics showed that pay growth was beginning to ease.
FTSE 100 live: London markets rise after UK GDP contracts by less than expected July 13, 2023 London markets rose this morning, despite housebuilders slumping, after official figures showed that the UK economy contracted by less than expected. The FTSE 100 was trading 0.18 per cent higher at 7,429.68 while the midcap FTSE 250, which is more aligned with the health of the domestic economy, climbed 0.13 per cent to 18,604.03. Sentiment [...]
FTSE 100 close: Mixed messages from China and housing rout sends London markets into the red August 21, 2023 London’s FTSE indexes fell amid a housing sell-off and a limited policy intervention from the Chinese central bank to boost its creaking economy. The FTSE 100 index slipped into the red to trade at 7,258.03 while the midcap FTSE 250 index fell 0.87 per cent to 17,938.91. Indexes in Paris and Frankfurt saw gains however. [...]
FTSE 100 close: London markets rise after inflation surprise raises prospect of rates being left on hold September 20, 2023 The FTSE 100 climbed 0.6 per cent to trade at 7,705.34 while the FTSE 250 rose 1.2 per cent to hit 18,655.75.
FTSE 100 close: London markets given a lift as hopes rise for Chinese recovery September 11, 2023 A return to inflation will be welcomed by policymakers in the Chinese communist party, who are attempting to reignite growth in China's stumbling economy.
Shares in banks and housing firms rise on sharp inflation slowdown December 20, 2023 Shares in banks and housebuilders jumped on Wednesday morning after fresh inflation data came in lower than expected, boosting hopes for interest rate cuts in the first half of next year.
Nearly half of tenants struggle to pay rent with millions now facing ‘financial vulnerability’ July 14, 2023 Nearly half of tenants are struggling to pay their rent, with millions now spending more of their disposable income on renting costs than homeowners. As the cost of living crisis has led many landlords to up the costs of rent, some 21 per cent of tenants report spending a higher proportion of their disposable income [...]