FTSE 100 down 144 points, FTSE 250 down 300 points after Trump wins US Presidential election November 9, 2016 The markets opened London with huge drops as Donald Trump wins the US presidential election. The FTSE 100 was down 144 points, around two per cent to 6696.3, and the FTSE 250 opened down 300 points. However, later much of it was recovered. The prospect spooked US investors, as traders move to shift stocks. Gold has risen around 4.9 per cent [...]
Hillary Clinton has conceded to Donald Trump November 9, 2016 Hilary Clinton has conceded defeat to rival Donald Trump who is now officially the next US President John Podesta, chairman of the Clinton campaign took to the stage earlier at its headquarters and told supporters to "head home, [and] get some sleep" and that Clinton nor the campaign would have anything more to say until [...]
Take a deep breath. Here are some of Donald Trump’s policies, pledges and promises November 9, 2016 As Donald Trump closes in on victory in the race for the White House, here are some of the policies he has promised: The wall Possibly Trump’s most infamous pledge, the Republican wants to build a wall between the United States and Mexico. Not only that, he wants the Mexicans to pay for it. Read [...]
US Presidential election 2016: Global markets “in a bloodbath” as Donald Trump looks set for White House victory over Hillary Clinton November 9, 2016 As Donald Trump looks set to be named President of the US, analysts have issued dire warnings on global markets – with one expert describing a "bloodbath" as the election results roll in. Trump is currently leading the race for the White House with 244 electoral college votes against Hillary Clinton's 215. The Mexican peso, [...]
US Presidential election 2016: Peso plunges to record low as Donald Trump moves towards the White House November 9, 2016 The Mexican peso has plummeted 11.5 per cent early this morning, as Republican candidate Donald Trump moves towards victory in the US Presidential election. Mexico's central bank has announced it will hold a news conference this morning after the peso hit its lowest levels in history. Economists have said the bank is likely to raise its key [...]
Canadian immigration website crashes as Donald Trump victory over Hillary Clinton looms in US Presidential election November 9, 2016 The Canadian immigration website has crashed this morning as Donald Trump looks increasingly likely to take the White House. Trump is fast approaching the number of electoral colleges he needs to claim victory over rival Hillary Clinton, with 244 to the Democrat's 215. "Moving to Canada" was an option stated by several Americans when asked what [...]
LIVE UPDATES: Hillary Clinton to address the world after Trump victory November 9, 2016 As Hillary Clinton prepared to confront a Donald Trump victory this morning, the US markets opened. More: Live coverage: Follow our live blog of market news, reactions and views here "Time to bind the wounds of division": Watch the video or read the full transcript of Trump's victory speech Markets have been surprisingly calm after [...]
US Presidential election 2016: Donald Trump is the 45th President of the United States November 9, 2016 Donald Trump has been declared the 45th President of the United States. Hillary Clinton has conceded the race, and Trump is currently giving his victory speech. "I say it is time for us to come together as one united people," Trump told his supporters in New York. "To those who have chosen not to support me [...]
Unpredictable and punitive taxation is threatening the competitiveness of UK banking November 9, 2016 Winston Churchill famously claimed that “for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle”. But for banking – Britain’s biggest export sector – the handle is still being pulled. New figures published today by the BBA show [...]
The government reveals Panama Papers taskforce has yielded criminal investigations and new leads November 8, 2016 A government taskforce launched in the wake of the Panama Papers leak earlier this year has "added greatly" to the understanding of offshore tax evasion structures, the chancellor Philip Hammond said today. The "Panama Papers Taskforce" was launched in April to analyse the information that had been released by the International Consortium of Investigative Journalists (ICIJ). The [...]