FTSE 100 Live: Stocks to dip after Asian markets hit with tech jitters; Oil falls as OPEC+ ups output
FTSE 100 close: Strong Barclays results fails to lift London due to China concerns February 20, 2024 Caution gripped the air as investors continued to fret over the prospects of the world's second largest economy.
FTSE 100: London creeps into the green, Currys soars as takeover battle looks likely February 19, 2024 On the FTSE 100, Astrazeneca rose to the top of the index after its Tagrisso drug received positive clinical trial results.
European stagnation showing up in company results as continent falls behind US rivals February 19, 2024 According to analysis from Liberum, S&P 500 listed firms who have reported results for the fourth quarter have seen revenue growth of 3.7 per cent year-on-year.
Leaving interest rates on hold risks deepening recession, Haldane warns February 19, 2024 Leaving interest rates on hold for too long risks deepening the UK's recession, the Bank of England's former chief economist has said.
Financial services jobs ‘highly exposed’ in globalisation shift, report warns February 19, 2024 The share of trade across the economy as a whole has increased from 53 per cent of GDP in 2000 to 65 per cent in 2023.
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.
‘Swiftonomics’: How Taylor Swift’s UK Eras tour could boost the UK economy February 17, 2024 "There is already strong anecdotal evidence suggesting there will be a strong increase in hotel and restaurant inflation while Taylor Swift is performing".
Inflation still the number one concern for London Businesses, LCCI finds, but confidence improves February 16, 2024 | City Talk Inflation is still the number one concern for London firms found the London Chamber of Commerce andIndustry (LCCI). In its CAPITAL 500 London Quarterly Economic Survey, published on January 24 th, found that 66 per centof companies said they were more concerned about inflation in Q4 of 2023 than previous quarters,while four in 10 (41 [...]
Recession or rebound: Where is the UK economy after blockbuster week of data? February 16, 2024 The UK is in recession, but there are also signs of a rebound. Inflation lower was than expected but wage pressures remain strong. What does it all mean?
Monthly insolvencies tick up again as firms feel the brunt of the Bank of England’s interest rate hikes February 16, 2024 According to figures from the Insolvency Service, there were 1,769 company insolvencies in January, five per cent higher than in the same period last year driven by an increase in forced closures.