Commuter misery: Regulated rail fares to rise by up to 5.9 per cent from next spring December 22, 2022 Rail fares in England are set to surge as much as 5.9 per cent from spring next year, after calls for a fare freeze have fallen on deaf ears. Regulated fares will go up from 5 March, with the Department for Transport calling this “the biggest-ever government intervention” in prices for train tickets. However, campaigners [...]
One year on from Credit Suisse deal, $100bn UBS finally has the scale to take on Wall Street March 19, 2024 Swiss banking giant UBS has reinforced its status as one of the world's leading wealth managers after its market capitalisation sailed past $100bn shortly before the first anniversary of its landmark deal to acquire rival Credit Suisse.
A Tale of Two Forecasts: Investors back IEA’s hiked demand outlook over OPEC gloom August 11, 2022 Investors have backed the IEA's outlook for oil demand over OPEC's, with both organisations offering contrasting visions this year.
The Notebook: Victoria Scholar on stocks, China and Spiderman June 6, 2023 The notebook is a place where interesting people say interesting things. Today, it’s Victoria Scholar, head of investment at Interactive Investor The market mood is picking up with the S&P 500 enjoying its best week since March. The Dow surged over 2% on Friday, its biggest one-day gain since January and the Nasdaq Composite completed [...]
Moving markets: Five things shaping the FTSE 100 today February 22, 2024 Japan's Nikkei achieves record high, Nvidia sees over 9% surge after bell, oil prices climb; Fed exercises caution on rate cuts; attention shifts to UK, eurozone, and U.S. PMIs.
FTSE 100 today: London markets prepare for quiet start amid thin U.S. holiday trading February 19, 2024 Asia shares stumble while China sees modest gains. Oil dips in light U.S. holiday trade. China's central bank holds the key interest rate steady. All eyes will be on high-flying Nvidia's earnings report this week.
The Notebook: Victoria Scholar on the Fed’s new move, Adidas’s Yeezy problem and Shell’s AGM showdown May 23, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Interactive Investor’s Victoria Scholar. After 10 straight hikes, is it now time for a ‘Fed skip’? Forget the hike, pause and cut, the new word to enter the lexicon of central bank watchers is the ‘Fed skip’. US monetary policymakers [...]
Sky-high inflation slows UK private sector economy to ‘standstill’ August 1, 2022 Consumers reacting to scaling prices by cutting spending is expected to grind the UK economy to a halt, new surveys published today revealed. Private sector firms think they will squeeze out zero growth over the next three months, according to the Confederation of British Industry (CBI), the country’s largest business lobby group. Businesses are beginning [...]
Crypto ‘Wild West’: City regulator accused of pushing firms abroad April 16, 2024 The City watchdog has been accused of pushing British crypto firms abroad with its approach to regulation. Lars Mucklejohn takes a closer look at where the UK's digital assets industry is heading
Moving markets: Five things shaping the FTSE 100 today January 9, 2024 Asian markets surge amid weaker dollar, gold and oil prices climb, bitcoin surges, United Airlines uncovers loose bolts on multiple 737 max, eyes on U.S. inflation and JPMorgan chase/Citigroup earnings this week