Struggling Dow transport stocks could be economic warning signal June 1, 2024 It's been a banner year for the major US stock indexes, but one economically sensitive corner of the market sticks out as a sore spot.
UK business confidence jumps to highest level since Brexit referendum May 31, 2024 Hann-Ju Ho, senior economist at Lloyds, said the results "highlight a notable improvement in business confidence."
FTSE 100 today: London markets set to open higher as yields retreat May 31, 2024 Asian stocks rise despite Wall Street slowdown, Nasdaq's biggest drop in a month. All eyes are on US PCE and Eurozone CPI data.
China’s factory activity unexpectedly shrinks in May, puts economic recovery at risk May 31, 2024 China's manufacturing activity unexpectedly contracted in May, adding pressure on policymakers in the world's second-largest economy.
Former FCA chair: Labour can rebuild ties with regulator after ‘depressing’ Tory turmoil May 30, 2024 The Labour party can rebuild ties with the City regulators if elected to government after a fractious breakdown in relations marked by “political point-scoring”, the former chair of the Financial Conduct Authority (FCA) has claimed.
General Election 2024: Business group calls for closer post-Brexit ties with EU May 30, 2024 The BCC also argued that a new government needed to introduce an industrial strategy with green innovation at its heart.
How much cash could a tax avoidance clampdown raise? May 30, 2024 Predictably both parties are reluctant to suggest they will raise taxes, but in recent weeks both have found a conveniently painless source of funding: clamping down on tax avoidance.
FTSE 100 today: London markets set to open lower as rate cut anxiety weigh May 30, 2024 Rate cut anxiety triggers Asian stock slump, mirroring Wall Street. Salesforce drops 15%. Focus shifts to US Q1 GDP and Auto Trader.
Pound Sterling climbs to it highest level against the euro since August 2022 May 29, 2024 The pound hit its highest level against the euro since August 2022.
Is the Bank of England’s quantitative tightening causing problems for banks? May 29, 2024 In a recent speech, Andrew Bailey, the Bank's Governor, said more banks were turning to the facility as the cost of liquidity in money markets rose relative to Bank Rate.