JCDecaux marks 10 years of Nurture at London Stock Exchange after supporting 500+ UK growth businesses
What are the key factors that can sink M&A? September 21, 2022 | City Talk 2021 saw booming markets and the release of capital from investors that had built up during the pandemic. It was a record-breaking year for mergers and acquisitions (M&A) activity. This year, circumstances are quite different. Economies are now dealing with geopolitical issues like the Russia-Ukraine war, rising inflation and interest rates, and declining company valuations, [...]
London’s FTSE 100 edges higher ahead of central bank rate announcements September 20, 2022 London’s FTSE 100 slid yesterday, driven by traders bracing for a big week of central bank announcements. The capital’s premier index dropped 0.64 per cent to reach 7,190.16 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, slumped 1.48 to 18,519.69 points. The world’s biggest [...]
US dollar this year has become the only asset in town September 20, 2022 Investors have had an insatiable appetite for US dollars this year. According to the Wall Street Journal’s dollar index, which measures the greenback against a basket of some of the world’s top currencies, the dollar is its strongest for over a decade. One dollar will buy you the greatest amount of Japanese yen since the [...]
City braces for BoE rate hike and mini-budget September 19, 2022 The City is bracing for a bumper week of economic data and policy announcements in a trading week shortened by the UK bank holiday for The Queen’s funeral. London’s premier FTSE 100 index posted mixed performance last week, initially jumping higher before closing 1.56 per cent lower at 7,236.68 points. Its mid-cap domestically-focused counterpart, the [...]
Invest in precious metals September 16, 2022 | Sponsored As well as trading in bullion, Baird & Co offers CGT-exempt coins and produces its own bars in various sizes. Both can be used for investment purposes. Individual customers or businesses can purchase gold for an existing SIPP (self-invested personal pension) or SASS (small, self-administered scheme). Customers can take advantage of a loyalty scheme, as [...]
Pound Sterling tumbles to 37-year low against US Dollar after poor UK retail sales figures September 16, 2022 Pound Sterling tumbled to a 37-year low against the dollar this morning, pushed further down by disappointing retail sales figures. It plummeted to by more than one per cent to 1.1351, its lowest against the dollar since 1985, while continuing its 17-month poor run against the Euro also. The Euro rose to 87.66 pence, its [...]
London’s FTSE 100 bumped higher by investors pouring into UK banks September 15, 2022 London’s FTSE 100 bounced higher today driven by inventors pouring into banks on expectations of more interest rate rises from the Bank of England. The capital’s premier index rose 0.07 per cent to 7,282.07 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0.2 [...]
UK consumer confidence falls into negative territory for first time since 2020 September 15, 2022 Confidence among UK consumers has fallen into negative territory for the first time since June 2020, according to a survey. The Consumer Confidence Index from YouGov and the Centre for Economics and Business Research (Cebr) fell by 4.2 points in August from 103.0 to 98.8, the largest decline since the early stages of the pandemic. [...]
Shares in Naked Wines plummet following shock stock market announcements September 14, 2022 INVESTORS gave Naked Wines a sniff yesterday after two shock stock market announcements – and sent the sommellier back to the cellar. Shares were down almost 40 per cent yesterday after the firm this week announced the departure of a non-executive director after just two weeks and a worrying business update. Wayne Brown, an analyst [...]
London’s FTSE 100 dips after weaker than expected UK inflation September 14, 2022 London’s FTSE 100 dripped lower today after fresh figures revealed UK inflation is cooling. The capital’s premier index tumbled 1.47 per cent to 7,277.30 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, slid 1.66 per cent to below the 19,000 point mark. Traders were [...]