Bank of England leaves interest rates on hold after August inflation surprise September 21, 2023 The Bank of England hiked interest rates by 25 basis points.
FTSE 100 close: Pound slumps after Bank of England leaves interest rates on hold while Ocado plummets September 21, 2023 The blue-chip FTSE 100 dropped 0.37 per cent to trade at 7,703.03 while the mid-cap FTSE 250m index fell 0.42 per cent to hit 18,632.97.
Disney shares dip after it doubles park investment September 20, 2023 Shares in Disney have slipped more than 3.6 per cent after the Mickey Mouse creator announced plans to double investment in its theme parks.
FTSE 100 close: London markets rise after inflation surprise raises prospect of rates being left on hold September 20, 2023 The FTSE 100 climbed 0.6 per cent to trade at 7,705.34 while the FTSE 250 rose 1.2 per cent to hit 18,655.75.
London house prices are falling – these are the boroughs where prices are down the most September 19, 2023 London’s housing market is gearing up for “key selling season” with a reduction in prices, before an uptick in activity is anticipated during the autumn months. Fresh data in Rightmove’s House Price Index shows there has been an overall monthly seller asking price rise by 0.4 per cent this month, which is 0.2 percent lower [...]
Eurozone inflation revised slightly down – but it’s still twice the ECB’s target September 19, 2023 Eurozone consumer inflation in August was slightly lower than initially estimated, the European Union’s statistics office Eurostat said on Tuesday, but still remained more than twice the European Central Bank’s target. Eurostat said inflation in the 20 countries sharing the euro was 0.5 per cent month-on-month in August and 5.2 per cent year-on-year, lower than [...]
FTSE 100 close: Strong results from Hargreaves Lansdown and Ocado tip index into green September 19, 2023 Strong performances from Hargreaves Lansdown and Ocado helped tip the FTSE 100 into the green despite concerns around inflation.
Oil prices continue rally amid OPEC cuts with $100 per barrel in sight September 18, 2023 Oil markets have consolidated last week's hefty gains, with growing expectations of a widening supply deficit this year.
FTSE 100 close: London markets fall as central banks take centre stage again September 18, 2023 Markets were in a watchful mood as traders anticipated decisions from the US Federal Reserve, Bank of England and Bank of Japan later this week.
Plans for City’s future delayed until next year as investors warn of ‘report fatigue’ September 18, 2023 A major report looking to draw up a "new market model” for the City has been delayed until next year as fears grow of “report fatigue” setting in across London, City A.M. can reveal.