FTSE climbs despite Bank’s wobble on interest rate cuts December 14, 2023 The FTSE 100 has climbed to its highest level for almost two months, despite caution from the Bank of England over expectations that interest rates will be slashed next year.
What is going on with Ocado’s share price? November 20, 2023 Ocado has found itself in the spotlight for a host of reasons this year including a rumoured takeover from Amazon and a tiff with M&S.
From frumpy fashion to TikTok trendsetter: How M&S regained its high street crown November 8, 2023 Marks & Spencer (M&S) has once again found itself back in fashion with investors and shoppers, posting a near £100m in rise in profits in its half year results. Shares in the company rocketed over 10 per cent this morning after the century-old business said its turnaround plan which intends to make the brand look [...]
M&S reinstates dividend and CEO Stuart Machin promises he’s not done yet November 8, 2023 Marks and Spencer (M&S) racked in hefty profits during the half year, as the firm’s reshaping programme continues to show signs of paying off. The Percy Pig maker posted profit before tax of £360.2m up nearly £100m on last figures of £205.5m. M&S also reported a 14.7 per cent rise in food sales as its [...]
These six bottles offer the perfect wine for winter November 6, 2023 These six bottles offer the perfect wine for winter, says our wine writer Libby Brodie
London FTSE 250 closes out stellar week as firms rise on Bank’s interest rate hold November 3, 2023 London’s FTSE 250 has surged to its best streak all year as markets reacted positively today to the Bank of England’s decision to hold interest rates at 5.25 per cent.
FTSE 100 close: London dips after disappointing US jobs data while 250 continues strong run November 3, 2023 FTSE 250, which is an index more aligned with the UK domestic market, was one cent up following the open, sitting handsomely at 17,945.48.
FTSE 100 close: London rallies after Bank of England holds interest rates November 2, 2023 The blue-chip FTSE 100 rose 1 per cent to 7,418.89 while the midcap FTSE 250, which is more aligned with the health of the domestic economy, rose 1.6 per cent to 17,465.50.
FTSE 100 close: London dips as Standard Chartered share price drops sharply October 26, 2023 Inflation across the eurozone has fallen since the ECB raised its deposit rate to a record 4 per cent last month.
FTSE 100 close: London markets fall deeply into the red after Bailey’s hawkish comments on interest rates October 13, 2023 The FTSE 100 managed to eke out some gains thanks to its oil giants, who benefited from rising oil prices.