FTSE 100 closes at new record after breaching all-time high April 23, 2024 "This positive showing is exactly what’s needed to help repair the reputation of the UK stock market," Russ Mould, investment director at AJ Bell said.
Bank of England officials say rate cuts are ‘closer’ but jobs market remains ‘very tight’ April 23, 2024 Last week figures showed that inflation fell to 3.2 per cent in March, a two-and-a-half year low. However, this was still slightly above what economists had expected.
Top British court orders Gazprom unit to drop £387m Russian claim against Italian bank UniCredit April 23, 2024 The UK's highest court has upheld a decision that England has the right to block a Gazprom unit's Russian lawsuit against Italian bank UniCredit
Strong services sector helps UK economy continue to ‘gain momentum’, but inflationary fears mount April 23, 2024 Although the manufacturing sector recorded a marginal decline in activity in April, output from the services sector climbed for the sixth consecutive month.
Chocolate and discount-loving Brits drive food inflation down for 14th straight month April 23, 2024 Grocery price inflation fell to 3.2 per cent over the four weeks to 14 April, marking the fourteenth monthly drop in a row, new figures by Kantar show.
Government borrowing ahead of expectations in blow for hopes of tax cuts April 23, 2024 Jeremy Hunt has said the Conservatives will cut taxes again in the autumn "if we can", with some reports suggesting he's considering another 2p cut to National Insurance.
The IMF says the UK is primed to benefit from AI – the next government must not waste this opportunity April 23, 2024 The UK economy is uniquely positioned to benefit from the roll out of artificial intelligence. Politicians on all sides should be championing policies that help secure these benefits as soon as possible, Chris Dorrell writes
FTSE 100 today: London markets set to reach fresh highs on increased speculation of BOE rate cuts April 23, 2024 Asian markets mirrored Wall Street's positive momentum, while oil prices rebounded and gold hovered near a one-week low. Bitcoin remained steady despite so-called halving. Investors eagerly awaited Global PMI data and Tesla's earnings report for market direction.
FTSE 100 closes at new record but misses out on all-time high April 22, 2024 The FTSE 100 set a new record closing price at the beginning of the week, although it fell narrowly short of its all-time intra-day high set last February.
If Sadiq Khan is serious about boosting the creative industries, he must work with the private sector April 22, 2024 London’s creative industries are world-leading. The mayor talks a good game on supporting them, but his manifesto is light on detail, says Phoebe Gardiner Despite launching at London’s Design District – a prominent creative hub in the capital – Sadiq Khan’s manifesto is rather sparse on his commitments to the creative industries. He is happy, [...]