FTSE 100 CEOs: These are the men (and a few women) who run Britain’s biggest companies March 20, 2015 FTSE 100 Who runs Britain’s biggest companies What’s in a name? Well, quite a lot if you want to become the head honcho at one of the UK’s biggest companies. City A.M. research shows that the vast majority of the FTSE 100 are run by men with rather Biblical names. David comes out as the [...]
FTSE 100 closes above 7,000 as Europe agrees Greece deal March 20, 2015 The FTSE 100 closed about 7,000 points this evening, ending the day at 7,022 after breaching the "psychological" barrier for the first time this afternoon as Europe agreed a further bailout deal for Greece. It's the first time the index has ever risen as high as 7,000 – in 1999 it rose to 6,750, before [...]
From the solar eclipse and the Budget to the FTSE 100 hitting 7,000: Here’s what got us talking this week March 20, 2015 There was a solar eclipse and toxic smog. There was a red box. And there was a lesser-spotted yellow box. Here's what got us talking this week. 1. The FTSE 100 hit 7,000 for the first time After what felt like weeks of playing hard to get, the FTSE 100 finally gave it [...]
FTSE is lifted to a record high post-Budget – London Report March 19, 2015 BRITAIN’S benchmark share index touched record highs yesterday, with gold miners outperforming, after the US Federal Reserve and Bank of England both dampened prospects of interest rate rises in the near term. The FTSE 100 index rose as much as 0.5 per cent to a record high of 6,982.79 points, beating the earlier record of [...]
One chart showing how much the finance sector dominates the FTSE 100 March 19, 2015 The FTSE 100 is dominated by companies in the financial and retail sectors, with these making up 43 per cent of the UK’s top companies. There are 23 FTSE 100 companies in the financials sector – which includes 10 in insurance and five in banking. The largest of these companies is HSBC, with a market [...]
FTSE surges as oil and financial firms greet Budget moves – London Report March 18, 2015 BRITAIN’S top share index rallied yesterday as oil shares and financial companies drew a boost from changes announced as part of the government’s pre-General Election Budget. The FTSE 100 closed up 107.59 points, or 1.6 per cent, at 6,945.20, shy of its all-time high at 6,974 points hit earlier this month. Shares in investment company [...]
FTSE 100 market report: Budget goodies lift oil majors March 18, 2015 Britain's blue-chip index was 0.1 per cent higher this lunchtime as investors digested the chancellor's budget. Chancellor George Osborne unveiled £1.3bn additional support for the struggling north sea oil and gas industry. He said the Office for Budget Responsibility predicts this will boost production by around 15 per cent. Crumbling oil prices have made a [...]
FTSE rises ahead of Osborne’s pre-poll Budget – London Report March 17, 2015 BRITAIN’S top share index edged higher yesterday to extend a recent rebound from last week’s lows, with gains coming in ahead of key policy announcements from the UK and the US. The FTSE 100 rose 0.5 per cent to 6,837.61 points, as shares of natural-resources producers ticked up and utilities pushed higher, led by a [...]
FTSE boosted by miners on good Chinese figures – London Report March 16, 2015 BRITAIN’S top share index rebounded yesterday after its biggest weekly drop of 2015, with mining stocks boosting the market on expectations of steady economic growth in China, the world’s biggest metals consumer. The FTSE 100 closed 0.9 per cent higher at 6,804.08 points after dropping 2.5 per cent last week in what was its biggest [...]
Late afternoon commodity rise lifts FTSE index – London Report March 11, 2015 COMMODITY stocks in the FTSE recovered well yesterday afternoon, from falling sharply earlier in the session because of concerns about economic growth in China, to drag the blue-chip index up. The FTSE 100 index closed 0.28 per cent higher at 6,721.51 points after a choppy session, which saw the index rising as high as 6,738.95 [...]