What is driving the FTSE 100 surge? Investing The FTSE 100 has hit a new all-time high today, with the index within touching distance of 8,500 for the first time. Since the start of the week, London’s main index has grown almost three per cent, outperforming the Nasdaq, the S&P 500, and the Dow Jones. The strong performance from the FTSE 100 came [...]
FTSE 250 closes down four per cent in worst week since 2023 Markets The FTSE 250 fell almost four per cent this week, experiencing its worst week since August 2023 as fears mount over the stability of the UK economy. With pound sterling sinking and UK gilt yields rising to decade-long highs, investors have begun to panic that the UK economy and government are coming under pressure. “The [...]
Why Raspberry Pi had a FTSE Christmas boost Investing Raspberry Pi has held up the FTSE 250 on the first trading day after Christmas, with its stock price surging as much as 18 per cent today, pushing it to become a £1bn company. The Cambridge-based tech firm’s share price had been languishing just below £4 since the firm floated on the London Stock Exchange [...]
FTSE bosses should be paid like top footballers, says ICAP founder December 11, 2024 Bosses of London-listed firms should be paid like the best footballers without facing a backlash, Michael Spencer has argued. The founder of brokerage ICAP and former Conservative party Treasurer said that to attract top talent to run major companies, the UK needed to tackle the “political hot potato” of FTSE bosses’ pay. “We don’t mind [...]
FTSE 100 rises as Assad’s overthrow in Syria drives oil prices higher December 9, 2024 The FTSE 100 ticked up on Monday morning as oil prices jumped after rebels overthrew the regime of Syrian President Bashar al-Assad over the week. Britain’s blue-chip index gained 0.28 per cent to 8,331.88, while the mid-cap FTSE 250, which is more closely aligned with the health of the UK economy, traded mostly flat at 21,047.56. Brent [...]
Which companies are set to join the FTSE 100? November 26, 2024 Three UK companies are expected to be promoted to the FTSE 100 next month, with Games Workshop set to move to London’s top index for the first time. The Warhammer-maker has seen its stock price jump 35 per cent since the start of 2024 after reporting revenue that was ahead of expectations. St James’s Place [...]
Scrap FTSE 250 share tax to save small UK companies, says City October 17, 2024 Urgent measures like cutting stamp duty on FTSE 250 shares are needed to save smaller British companies, a group of City heavyweights have argued. In seven of the past 10 years, more listed small companies have left the UK stock market than joined it, and this trend will continue unless serious action is taken, a [...]
FTSE 100: London gains as Iran’s attack on Israel sends oil prices higher October 2, 2024 London markets made gains on Wednesday after an unprecedented missile attack on Israel by Iran that sent oil prices higher and shook global stocks.
London Stock Exchange set to decline in coming years, FTSE boards warn September 19, 2024 Slightly more than half of FTSE 350 company boards believe the London Stock Exchange will decline in the coming years, according to a new survey, in a blow to the UK government's plans for capital markets reform.
Goldman-backed Petershill announces bumper dividend after pick-up in dealmaking September 17, 2024 Petershill Partners has announced a special dividend of 9 cents (7p) per share after a flurry of deals and a successful asset raising round helped the private equity firm return to growth. The Goldman Sachs-backed firm, which floated on the London Stock Exchange three years ago, generated a total income of $146m (£111m) in the [...]