FTSE 100 on course for monthly decline as record GDP drop confirmed September 30, 2020 FTSE 100 flat as government figures confirm a masssive fall in UK GDP
FTSE 100 surges after restrictions ‘not as tough’ as feared but US stocks mixed September 23, 2020 The FTSE 100 jumped as it continued to recover from Monday’s rout, while US stocks were mixed as investors weighed up the chances of fresh stimulus. London’s blue-chip index was up 1.7 per cent at 5,926 points, edging it closer to the 6,000 threshold. The FTSE 250 was up 1.05 per cent. Read more: Coronavirus: [...]
Businesses voluntarily return £215m in furlough cash September 21, 2020 UK firms have voluntarily returned more than £215m of furlough money to the government either because they did not need it or they took it in error. HM Revenue & Customs (HMRC) figures released today showed that 80,433 employers have so far returned furlough cash totalling more than £215m handed to them to cover staff [...]
FTSE 100 jumps after global sell-off as pound slides September 7, 2020 The FTSE 100 and European stocks rose sharply as investors recovered their poise after a sharp sell-off in global stocks last week, with a falling pound boosting London’s blue-chip index. The FTSE 100 extended its morning rebound and was trading 2.46 per cent higher in afternoon trading. London’s FTSE 250 index of smaller firms also [...]
FTSE 100 rises but Wall Street falls again on job data September 4, 2020 The FTSE 100 reversed yesterday’s losses, closing in on the 5,900 point level this morning despite last night’s ferocious sell-off of US tech stocks dragging markets down overnight. By the early afternoon London’s premier index was 0.7 per cent up at 5,888.96. The FTSE 250 index of mid caps also rose 0.2 per cent. However, [...]
Watchdog opens probe into major homebuilders over leasehold practices September 4, 2020 The Competition and Markets Authority (CMA) today said it was opening enforcement cases against four of the UK’s biggest housebuilders over suspicions they may have broken consumer protection law in relation to leasehold homes. The CMA today said it was opening enforcement actions focusing on the practices of Barratt Developments, Countryside Properties, Persimmon Homes and [...]
FTSE 100 jumps as homebuilders cheer surge in UK house prices September 2, 2020 The FTSE 100 jumped as investors welcomed signs of an economic recovery, with homebuilders riding high after UK house prices hit a record level despite the coronavirus pandemic. The UK’s main stock index climbed 1.1 per cent to 5,929 points, having shed almost two per cent yesterday. The FTSE 250 index of smaller firms rose [...]
Barratt shares rise on strong forward sales despite Covid-19 hit September 2, 2020 Shares in Barratt Developments rose today as it announced strong forward sales despite taking a hit from the coronavirus lockdown. Forward sales at 23 August stood at 15,660 homes valued at £3.7bn, compared to 13,064 homes valued at £3bn last August. Barratt shares rose 5.7 per cent to 532p this morning. The company today scrapped [...]
Unilever to remove all fossil fuels from cleaning products by 2030 September 2, 2020 Consumer goods giant Unilever has today announced that it will remove all fossil fuels from its cleaning products by 2030 as part of a €1bn global investment programme. The Anglo-Dutch firm, which has seen demand for its products jump in recent months due to heightened health concerns brought on by the coronavirus pandemic, said it [...]
Markets live: FTSE 100 up but US stocks down amid stimulus hopes July 28, 2020 The FTSE 100 rose but US stocks fell as coronavirus cases climbed around the world and Republicans and Democrats prepared to debate a new stimulus package amid new vaccine trials The UK’s main stock index was 0.3 per cent higher in afternoon trading at 6,120 points after briefly slipping into the red. The FTSE 250 [...]