WHSmith and Inchcape lead fall in retail stocks April 4, 2025 UK retail stocks have dropped in value this morning, led by a sell-off of WHSmith, Inchcape and AO World. Earlier today, tax body RSM said that price rises at UK retailers as a result of the tariffs were “inevitable”. “The tariffs announced by President Trump this week would in themselves be a blow to the [...]
Rolls-Royce: FTSE 100 giant sees shares crash as global trade war revs up April 4, 2025 Shares in FTSE giant Rolls-Royce sank as much as 10 per cent on Friday after fears of a global trade war exploded. Global markets tumbled after China announced a 34 per cent retaliatory tariff against the US. Rolls-Royce, which is a prominent exporter of aircraft and marine engines and power systems, saw its stock price [...]
HSBC, Natwest and Barclays shares plunge as FTSE 100 downturn deepens April 4, 2025 The FTSE 100’s ‘Big Five’ banks were back in the red on Friday as tariff woes intensified. Shares in Natwest and Barclays slumped nearly ten per cent after China announced retaliatory tariffs against the US, making them the index’s top fallers. HSBC lost over eight per cent. Lloyds and Standard Chartered were not far behind [...]
Trump’s tariffs trigger Wall Street’s biggest losses since 2020 April 4, 2025 Trump’s ‘Liberation Day’ tariff onslaught left global markets with some of their biggest losses since the pandemic. The FTSE 100 sank 1.5 per cent as banking and tech stocks across the globe dragged the index down. The FTSE 350 bank index fell nearly eight per cent, as Standard Chartered, HSBC, and Barclays all suffered heavy losses. Over [...]
S&P 500 and Dow Jones plunge as banks drive FTSE 100 slump April 3, 2025 The S&P 500 and Dow Jones joined the FTSE 100 in the red as US markets opened following Trump’s tariff onslaught. The S&P plummeted over three per cent in early trading, whilst the Dow slid nearly three per cent marking a loss of 1,200 points. The tech-heavy Nasdaq Exchange, which includes Tesla and Apple, slumped [...]
HSBC and Barclays shares plummet as tariff woes hit FTSE 100 April 3, 2025 Shares in Britain’s top lenders plunged into the red during early trading on Thursday as Trump’s tariff announcement hit London markets. Europe’s biggest lender HSBC was down over five per cent, with Barclays seeing a more than four per cent drop. Standard Chartered was the FTSE 100’s top faller, as the bank’s stock sank over [...]
FTSE 100 pharma giants GSK and Astrazeneca appear to swerve Trump tariffs April 3, 2025 FTSE 100 pharma giants GSK and Astrazeneca may have escaped the worst of US President Donald Trump’s tariffs, according to a City broker. Pharmaceutical goods appear to be exempt from higher-rate tariffs introduced by President Trump in his Rose Garden ‘Liberation Day’ address on Wednesday, but there is still uncertainty about the impact on the [...]
Currys upgrades outlook as sales outperform April 3, 2025 High sales growth at Currys has led the electrical retailer to increase its expected profit for the full year. Its share price rose more than 10 per cent in early trades. The company told markets this morning that adjusted profit before tax is now expected to be around £160m, versus previous guidance of £145m to [...]
Raspberry Pi shares rally despite profit drop in first annual results since IPO April 2, 2025 Raspberry Pi shares soared as the tech firm posted its hotly-anticipated annual results – the first since its IPO last year. The FTSE 250 company recorded a 57 per cent fall in pre-tax profit to just $16.3m (£12.6m) in 2024, driven by inventory issues. Despite this, shares rallied as much as 10 per cent in [...]
FTSE 100 close: ‘Trouble ahead’ as markets brace for Trump’s ‘Liberation Day’ April 2, 2025 The FTSE 100 joined European markets back in the red on Wednesday, as investors braced for Trump’s forthcoming tariff announcement. The UK’s flagship index closed at 8,608.48p, marking a 0.3 per cent dip. Rolls-Royce lost over three per cent, making it the index’s top faller. Vodafone and GSK also saw losses of around 2.5 per [...]