FTSE 100 close: London rises on Fed official’s comments amid Israel-Gaza uncertainty October 10, 2023 London’s FTSE 100 index soared as markets reacted well to comments by a top official at the Federal Reserve, despite ongoing uncertainty looming due to the war with Israel and Gaza. The capital’s premier bluechip index closed 1.82 per cent higher at 7,628.21, lifted by Ocado, Anglo American and Flutter. Down the most since March, [...]
Waitrose eyes deal with Amazon to sell groceries online in latest sales push October 9, 2023 Waitrose groceries could be sold on Amazon as part of a new deal being discussed by the upmarket grocer and delivery giant. The pair are reportedly considering the tie-up after the John Lewis-owned supermarket cut ties with Ocado nearly three years ago, according to reports published in The Telegraph. Amazon has recently struck up a [...]
FTSE 100 close: London struggles to ‘regain mojo’ as US economy remains resilient October 3, 2023 London markets were uneasy this morning after strong data out from the US yesterday added to the impression that interest rates will have to stay higher for longer.
FTSE 100 close: London markets rise while pound rebounds after GDP revision September 29, 2023 London markets closed the week with a spring in their step as revisions to UK GDP figures were enough to send equities higher while the pound also strengthened.
FTSE 100 close: London markets dip as Ithaca share price up on Rosebank approval September 27, 2023 London’s FTSE 100 index dipped on Wednesday as the pound continued its losses, and the government approved the UK’s largest untapped oil field, Rosebank. The capital’s premier bluechip index dipped 0.46 per cent to 7,590.96, while the FTSE 250, which is more aligned with the UK domestic market, fell 0.6 per cent to 18,227.33. Markets [...]
FTSE 100 close: London markets flat as investors digest higher for longer message September 26, 2023 Markets opened lower on Tuesday as markets digested the implications of interest rates having to remain higher for longer.
FTSE 100 close: London climbs on softer pound after Bank of England holds rates September 22, 2023 London's blue-chip FTSE 100 index rose on Friday as it benefited from the weak pound in the wake of the Bank of England's decision to hold interest rates steady.
FTSE 100 close: Pound slumps after Bank of England leaves interest rates on hold while Ocado plummets September 21, 2023 The blue-chip FTSE 100 dropped 0.37 per cent to trade at 7,703.03 while the mid-cap FTSE 250m index fell 0.42 per cent to hit 18,632.97.
FTSE 100 close: Strong results from Hargreaves Lansdown and Ocado tip index into green September 19, 2023 Strong performances from Hargreaves Lansdown and Ocado helped tip the FTSE 100 into the green despite concerns around inflation.
Ocado: Signs of progress at last as firm looks to continue share price turnaround September 19, 2023 Upmarket grocer Ocado has reported a 7.2 per cent surge in revenues to £569.6m in the third quarter as turnaround plans under the guidance of its year old chief executive appear to show signs of paying off. The digital supermarket, which operates as a joint venture with M&S, said the average orders per week at [...]