London Stock Exchange boss Julia Hoggett: We’ll fight for everything September 4, 2023 The London Stock Exchange has had a tough couple of years. The bourse's boss Julia Hoggett reckons she can turn it around.
Wall Street edges higher following data that shows the labour market is cooling September 2, 2023 A choppy day of trading on Wall Street ended on Friday with slight gains for stocks, as the market notched its second straight winning week. The market got a boost early on from a closely watched government report that showed US job growth increased at a healthy but more moderate pace last month. The report [...]
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
Fed rate rise less likely? More jobs added but unemployment up and wages stabilise September 1, 2023 The U.S. added more jobs than expected in August, but a rise in the unemployment rate to 3.8 per cent, but the Fed may not hike rates again
FTSE 100 close: London ends week flat after house price slump and US payroll figures September 1, 2023 London's FTSE 100 index started Friday in the green on a quiet results day, as investors look to US payroll figures after lunch for signals of more rate hikes.
FTSE 100 Close: London finishes in red on fears of stubborn inflation August 31, 2023 London’s FTSE 100 was subdued today on fears of stubborn inflation keeping investors quiet, finishing in the red after being on one of its longest winning streaks in months. The capital’s premier blue-chip index finished 7,452.87, 0.28 per cent down, after spending all day in the green. By 2.30 it was at 7,488.29, about 0.2 [...]
FTSE 100 close: Prudential results give London markets a boost after US jobs data August 30, 2023 London markets finished higher on Wednesday with the capital’s premier FTSE 100 index given a lift by strong results from Prudential. The FTSE 100 index climbed 0.1 per cent to close at 7,473.67 while the mid cap FTSE 250 index rose 0.5 per cent to end at 18,564.52. Prudential was among the FTSE 100’s top [...]
Why listed companies and the City are calling for a red tape revolution August 30, 2023 The watchdogs tasked with imposing governance and reporting standards on financial firms walk something of a tightrope across the Square Mile - but experts want reform.
FTSE 100 close: London markets storm to two week high August 29, 2023 London’s premier index stormed to a two week high thanks as falling food inflation and hopes of a Chinese stimulus package lifted sentiment. The bluechip FTSE 100 ended 1.7 per cent higher at 7,464.99 while the midcap FTSE 250 rose 1.9 per cent to 18,468.59. Many markets around the world saw strong trading yesterday, when [...]
Rebel GAM shareholders cough up £18m and push through boardroom clearout after Liontrust deal implodes August 29, 2023 The rebel investor group that disrupted Liontrust’s takeover of GAM has agreed to cough up CHF 20m (£17.9m) and push through a total boardroom shake-up today.