FTSE 100 Close: London finishes in red on fears of stubborn inflation August 31, 2023 London’s FTSE 100 was subdued today on fears of stubborn inflation keeping investors quiet, finishing in the red after being on one of its longest winning streaks in months. The capital’s premier blue-chip index finished 7,452.87, 0.28 per cent down, after spending all day in the green. By 2.30 it was at 7,488.29, about 0.2 [...]
FTSE reshuffle: Who’s been promoted and who’s got the boot? August 30, 2023 Marks & Spencer has climbed back on to the UK’s FTSE 100 four years after dropping off the top stock index, while housebuilder Persimmon has been demoted following a rocky patch for the housing market. The upmarket supermarket staged the return to the top tier after seeing its share price jump by more than two [...]
FTSE 100 reshuffle: M&S in, Abrdn out, but who else is coming and going? August 29, 2023 As the reshuffle of the FTSE 100 index approaches, several firms are vying for a coveted spot among the UK's top-tier stocks.
Tronador entitled to Max respect in Stayers Handicap August 22, 2023 IT QUITE often pays to follow National Hunt trainers in the big staying handicaps on the Flat. Willie Mullins and Nicky Henderson regularly win races like the Cesarewitch at Newmarket and Queen Alexandra Stakes at Royal Ascot, and another leading Jumps handler looks to have a big chance of winning the Stayers Handicap (4.10pm) today. [...]
Build me up: make ‘retrofit first’ a legal requirement to save London’s skyline August 22, 2023 Developers buying historic buildings should first be asked to try and restore it with a modern twist before they go full steam-ahead with demolition, writes Graham Clemett.
Let them join AGMs! Retail investors shouldn’t be stuck on the sidelines forever August 22, 2023 The tide is turning. For decades, influence over large company decision-making has been dominated by a handful of institutional investors. But recently, the number of everyday people who trade for themselves in small quantities – retail investors – has been steadily growing. Fuelled by the availability of DIY investing apps, the percentage of UK shares [...]
M&S digital chief exits amid business boom August 20, 2023 The top dog behind Marks & Spencer’s digital growth is reportedly leaving the retailer just months after being promoted. Chief digital and technology officer Jeremy Pee, who landed the position in January, is understood to be leaving the business to return to Canada. According to a report in The Sunday Times, M&S’s co-chief executive officer [...]
FTSE 100 live: London flat after inflation fall as Admiral and Aviva lead gains August 16, 2023 The FTSE 100 started Tuesday flat with investors still worried about a further rate hike by the Bank of England despite a drop in inflation. The capital’s premier blue-chip index opened low, fluctuating between 0 and 0.01 per cent in the first hour of trading, sitting at 7,388.08 by 09.45. Headline inflation dropped to 6.8 [...]
FTSE 100 close: Wage growth fuels rate fears as M&S soars and B&M drops on Wilko speculation August 15, 2023 London’s FTSE 100 ended Tuesday down more than 1.6 per cent, as record-breaking wage growth fueled speculation of a 15th straight Bank of England rate hike. The capital’s blue-chip index was down 1.63 per cent by close of play to to 7,384.94, weighed down by listed investment firm Abrdn, down three per cent, alongside Pheonix [...]
Faberge boss eggs on UK to bring back tax-free shopping to lure back wealthy tourists August 3, 2023 The boss of Faberge has joined calls for the UK to scrap the so-called ‘tourist tax’, which a new study has claimed is costing the UK over £10bn a year. Faberge chief Anthony Lindsay has urged for the return of tax-free shopping after a recent study by the Centre for Economics and Business Research (CEBR) [...]