Foreign takeovers tumble as rising rates and wild prices scupper London bargain hunt September 5, 2023 The number of foreign buyers swooping on UK firms tumbled sharply in the second quarter as a predicted deals raid sputtered out amid rising interest rates and volatile markets, official figures show.
FTSE 100 close: London markets falls after poor services PMI data raises risk of recession September 5, 2023 By the mid-afternoon, the FTSE 100 was trading around 0.3 per cent higher while the midcap FTSE 250 rose 0.1 per cent.
Bulk up ‘woeful’ pension pots and help save the stock market, UK firms told September 5, 2023 British firms should be forced to ramp up “woefully inadequate” contributions to pension pots in order to boost returns for savers and get money flowing back into London’s beleaguered stock market, a top think tank has said. In a new report today in partnership with Abrdn and Citi, think tank New Financial called for a [...]
FTSE 100 close: London markets slip into red as optimism from China stimulus wears off September 4, 2023 The blue-chip FTSE 100 index fell 0.16 per cent at 7,452.76 while the midcap FTSE 250 index fell 0.1 per cent to trade at 18,524.14.
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 [...]