FTSE 100 stages tentative recovery after sweeping losses April 8, 2025 The UK’s blue-chip FTSE 100 opened 1.5 per cent higher this morning, recovering some of the losses recorded over the past three trading days amid the fallout of US president Donald Trump’s sweeping tariffs. Yesterday, the FTSE 100 slumped more than four per cent as global stock markets digested the effects of a potential global [...]
FTSE 100 plunges as global trade war ramps up April 4, 2025 The FTSE 100 nosedived today after China announced a 34 per cent retaliatory tariff against the US. Trump’s ‘Liberation Day’ assault has continued to linger over markets, with the UK’s flagship index closing on a 4.9 per cent loss at 8,063.12. This was the FTSE 100’s biggest loss since the beginning of the pandemic on [...]
FTSE close: Trump triggers global market sell-off ahead of ‘Liberation Day’ March 31, 2025 Investors across the globe braced for Trump’s ‘Liberation Day’ on April 2 as they hastily retreated from stock markets. Trump will unveil a new set of tariffs on Wednesday, including a 25 per cent levy slapped on all automotive imports in the US, which has already been confirmed. The tariffs, which the President said are [...]
Deliveroo: Will Shu lined up for massive pay day March 20, 2025 The founder and chief executive of Deliveroo could be in line for massive pay day in the wake of the FTSE 250 delivery giant making its first annual profit. The company could hand Will Shu a pay packet of more than £5.6m after adding the CEO to its long-term incentive plan and if Deliveroo’s shares [...]
Jake Greenberg firm Cobalt Holdings set for London listing March 10, 2025 The co-founder of uranium firm Yellow Cake’s new venture, Cobalt Holdings, is looking to float in London as early as May. The Times reports that Jake Greenberg’s firm is looking to raise £180m to buy up $200m (£155m) of Cobalt from Glencore in a six-year supply deal. Glencore is set to be a cornerstone investor, [...]
Glencore: FTSE 100 miner mulls ditching London February 19, 2025 Glencore became the latest company to warn it could ditch its London listing today in a move that has been described as a “sucker punch” to UK markets. Speaking to the media after the miner’s results today, Glencore chief Gary Nagle said that questions had been raised over whether the UK was the right place [...]
Glencore launches $1bn buyback programme despite profit fall February 19, 2025 Glencore has launched a $1bn (£792m) share buyback programme despite recording a 16 per cent drop in adjusted earnings before interest, tax, deprecation and amortisation (EBITDA) in 2024. The firm’s EBITDA fell to $14.4bn, down from $17.1bn in 2023, while adjusted earnings before interest and tax (EBIT) fell by a third. Despite the fall, the [...]
Former Trump ally Mike Pompeo joins London-listed copper firm January 30, 2025 Former US secretary of state and one-time Trump ally Mike Pompeo has joined London-listed copper miner ACG, bolstering its board as it plots a deals offensive and international expansion. ACG, led by a former executive at Russia’s biggest aluminium miner, said the former CIA director would join as a non-executive director and bring “valued strategic [...]
What is driving the FTSE 100 surge? January 17, 2025 The FTSE 100 has hit a new all-time high today, with the index within touching distance of 8,500 for the first time. Since the start of the week, London’s main index has grown almost three per cent, outperforming the Nasdaq, the S&P 500, and the Dow Jones. The strong performance from the FTSE 100 came [...]
FTSE 100 hits all-time high as investors bet on interest rate cuts January 17, 2025 The FTSE 100 has hit a new all-time high this morning, surpassing the previous peaks it reached in spring last year, as investors ramp up their bets on an interest rate cut by the Bank of England next month. The value of London’s 100 largest listed companies has grown 3.2 per cent in the last [...]