Category : Search result: FTSE


FTSE 100 Plummets as UK Economy Stagnates

The London Stock Exchange faces a sharp sell-off as new data reveals zero economic growth in April, fuelling concerns over persistent inflation and delaying hopes for a Bank of England interest rate cut.

Pets at Home CEO exits after two years, shares plunge

In a sudden move, Pets at Home CEO Lyssa McGowan steps down after a challenging two-year tenure. The surprise leadership shake-up triggers a sharp drop in the company's share price and raises questions about the pet retail giant's future strategy.

M&S Chairman Faces Major Shareholder Revolt

Marks & Spencer confronts a significant shareholder rebellion as nearly 23% of investors vote against the re-election of Chairman Stuart Rose, citing governance concerns over his combined role with the CEO.

Bank of England Holds Interest Rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Discover the immediate impact on mortgages, savings, and the UK housing market amidst ongoing inflation concerns.

FTSE 100 Tumbles Amid Global Tech Stock Plunge

The London Stock Exchange faced a sharp sell-off on Thursday, with the FTSE 100 dragged down by a global tech rout and disappointing corporate earnings. Key figures like Elon Musk face scrutiny.

Trump's New EU Tariffs Spark Market Sell-Off

Global markets reel as former President Donald Trump announces sweeping new tariffs on the EU, targeting key industries from cars to pharmaceuticals. The move sends the pound and euro tumbling and casts a shadow over Novo Nordisk's major UK investment pla

Ben & Jerry's Founders Decry Unilever Spin-Off Plan

Exclusive: Ben Cohen and Jerry Greenfield condemn Unilever's decision to exclude the iconic ice cream brand from its London listing, warning it risks destroying the company's founding ethical principles.

Anglo American Rejects £34bn BHP Takeover Bid

London-listed mining titan Anglo American has emphatically rejected a colossal £34 billion takeover proposal from Australian rival BHP, branding the bid 'highly unattractive' and opportunistic. The deal would have created a global mining behemoth.

FTSE 100 Crashes as UK Inflation Stays at 8.7%

The FTSE 100 suffered its worst day in two months as stubbornly high UK inflation data crushed hopes of a near-term interest rate reprieve, sending shockwaves through the mortgage market.

Lancashire Holdings reports major 2023 profit surge

Bermuda-based insurer Lancashire Holdings announces a significant rise in annual profit for 2023, driven by a robust performance in its insurance and reinsurance divisions. The company also confirms a final dividend for shareholders.

Dubai Fund Takes Major Stake in London Stock Exchange

Dubai's sovereign wealth fund secures a 10.3% stake in LSEG, marking a significant Middle Eastern investment in the heart of the UK's financial infrastructure and raising questions about foreign influence.

UK Bank Shares Plunge on Budget Windfall Tax Reports

UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto

FTSE 100 Reshuffle: Aviva, Anglo American Out, Auto Trader In

The London Stock Exchange's premier index, the FTSE 100, is poised for a significant quarterly reshuffle. Insurance giant Aviva and mining titan Anglo American are set to be demoted, while online car marketplace Auto Trader is on track for promotion, refl

FTSE 100: Rolls-Royce Soars, Mining Stocks Slump

London's FTSE 100 experienced a dramatic session with Rolls-Royce and Ocado leading gains, while mining stocks faced sharp declines. Get the full market analysis and closing figures.

JD Sports Shares Crash 20% After Nike Warning

JD Sports Fashion faced a severe market sell-off, with shares crashing over 20%, after its key supplier Nike issued a stark warning about slowing sales and a new cost-cutting plan, sending shockwaves through the London retail sector.

Asia Shares Fall as Powell's Jackson Hole Speech Looms

Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a

IWG Boss Dismisses Share Price Fall as 'Machine Selling'

IWG CEO Mark Dixon remains defiant as the flexible office giant's shares hit a five-year low, dismissing the plunge as automated trading and reaffirming confidence in the company's long-term strategy and booming profits.

FTSE 100 surges as market optimism grows

The FTSE 100 index climbs as investors react to positive economic signals. Discover which stocks are leading the charge and what it means for your portfolio.

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