Melrose Soars 10% as FTSE 100 Rises on Cooler Oil Prices
The FTSE 100 closed up 31.84 points at 10,886.16 as oil prices fell, with Melrose soaring 10% and investors awaiting Nvidia earnings and US inflation data.
The FTSE 100 closed up 31.84 points at 10,886.16 as oil prices fell, with Melrose soaring 10% and investors awaiting Nvidia earnings and US inflation data.
Households face a winter energy squeeze as Ofgem is expected to raise the price cap to a three-year high, with bills forecast to rise 4% from October.
NatWest has taken a step towards boosting its presence in the US after the Federal Reserve approved a representative office in Connecticut, following changes to UK ring-fencing rules.
The FTSE 100 closed 0.4% higher on Monday, outperforming European peers, as oil prices eased and investors awaited key US events including Nvidia earnings and the Jackson Hole summit.
Financial experts say £100,000 is no longer a high salary in the UK, with inflation and tax thresholds eroding its value. A new metric suggests high pay starts at £154,128, or £187,200 in London.
Five males, including a 16-year-old, died alongside two police officers in a wrong-way A66 crash near Middlesbrough; the IOPC is investigating.
Manchester United walked away from a move for Arsenal's Myles Lewis-Skelly after his valuation proved too high, while Aston Villa have made an early approach for Joshua Zirkzee.
Roy Keane has raised concerns over Manchester United's defence ahead of the new season, while backing the club's decision to pull out of deals for Mateus Fernandes, Sandro Tonali and Elliot Anderson.
Roberto De Zerbi says Lucas Bergvall is 100% staying at Tottenham, but admits uncertainty over Pape Matar Sarr's future amid Galatasaray interest.
Royal Mail missed Ofcom delivery targets again in Q1 but improved from last year, delivering 85% of first-class mail on time as it rolls out reforms.
Former Liverpool CEO Peter Moore believes the 38% sale of the club by FSG to 1892 Holdings will eventually pave the way for a full takeover by Amit Bhatia's consortium.
Liverpool’s £50m bid for Yankuba Minteh was rejected by Brighton. The 22-year-old winger could inherit Mohamed Salah’s vacant No. 11 shirt at Anfield if a deal is reached.
Worcestershire County Council has been warned it faces severe financial pressure and a widening budget deficit, despite receiving a £60m emergency government bailout.
Manchester United target Carlos Baleba for £65m as INEOS receive a boost from Willy Kambwala's potential Villarreal exit. Medicals booked for Arsenal-bound academy duo James Scanlon and Habeeb Ogunneye.
Atletico Madrid are finalising a loan deal for Chelsea striker Nicolas Jackson, with a £65m asking price set, as the Blues continue trimming their squad before the transfer deadline.
Newcastle United have announced a multi-year training kit partnership with fintech company SumUp, reported to be worth £5m per year, covering men's, women's and academy teams.
Atletico Madrid are now willing to sell Julian Alvarez to Arsenal, but the striker may block the move as he remains determined to join Barcelona instead.
Questions arise over who will pay for Harry and Meghan's security as they prepare to return to the UK and move into a non-royal residence just outside London.
Tottenham have agreed a deal worth up to £85 million for Manchester City winger Savinho, with the Brazilian set for a medical and a long-term contract.
Government borrowing rose unexpectedly to £1.8 billion in July, £700 million more than a year ago, adding pressure on new Chancellor John Healey ahead of his first Budget.
Atletico Madrid have agreed to sell Julian Alvarez to Arsenal for £130m, but the striker remains determined to join Barcelona instead.
UK retail sales volumes fell 0.5% in July, driven by a 2.7% drop in clothing and footwear sales, the sharpest decline since May last year, according to the ONS.
UK government borrowing unexpectedly rose to £1.8 billion in July, £700 million more than a year ago, presenting a fiscal challenge for new Chancellor John Healey ahead of his first Budget.
Arsenal finalise £51m Ezri Konsa signing. Man Utd medical for Carlos Baleba. Tottenham agree £85m Savinho deal. Liverpool bid rejected for Yankuba Minteh. Latest summer window moves.
Manchester United are set to benefit from a Willy Kambwala sell-on clause, while academy talents James Scanlon and Habeeb Ogunneye are close to joining Arsenal.
The number of UK businesses in critical financial distress jumped by almost a tenth in the second quarter, with leisure and hotel firms hit hardest.
Oxfam says it cannot guarantee the future of its high street shops amid reports of falling donations and a review of three warehouses, with up to 100 stores at risk of closure.
The USS Abraham Lincoln is returning to San Diego after nine months at sea, with families reporting deteriorating conditions and mental health issues among the 5,000 sailors and Marines on board.
Sam Allardyce has urged Newcastle United to sign Marcus Rashford from Manchester United, suggesting the club use funds from Anthony Gordon's sale to cover wages.
Liverpool have agreed three exits and Virgil van Dijk has issued an ultimatum to new arrivals as the Premier League season begins against Newcastle United.