London open: Markets slip as Sainsbury falls, Mothercare plummets
8th Jan 2014 08:46
- FTSE 100 pulls back from two-month high - Sainsbury, Mothercare, Majestic fall after updates - Risk events on tap, traders stay cautious techMARK 2,781.79 -0.27% FTSE 100 6,735.41 -0.30% FTSE 250 16,033.22 -0.22% UK stocks pulled back on Wednesday morning ahead of a number of key 'risk events' o
Read moreLondon close: UK markets hit two-month high as banks gain
7th Jan 2014 16:24
- FTSE 100 at highest level since November 4th - Eurozone inflation ramps up interest-rate speculation - Banks helped by funding data - IAG reports strong December traffic figures techMARK 2,789.43 -0.10% FTSE 100 6,755.45 +0.37% FTSE 250 16,069.19 +0.12% UK markets finished with decent gains on
Read moreSector movers: Banking stocks rise, Lloyds leads gains
7th Jan 2014 15:48
Banking stocks were the best performers on Tuesday after data showed that funding conditions for British lenders had eased in the fourth quarter of 2013. Stocks in the sector have traded broadly sideways over the past two weeks of so, taking a breather over the festive season. However, Lloyds has
Read moreLondon midday: Stocks gain, ECB in focus as inflation eases
7th Jan 2014 11:31
- Eurozone inflation eases to 0.8 per cent - ECB in focus ahead of meeting on Thursday - Banks lift Footsie into positive territory techMARK 2,796.28 +0.14% FTSE 100 6,761.20 +0.45% FTSE 250 16,076.04 +0.17% After a slow start, markets pushed into positive territory by Tuesday lunchtime as an unex
Read moreTuesday newspaper round-up: Barclays, Tesco, Greece...
31st Dec 2013 06:45
Antony Jenkins, Chief Executive of Barclays, has admitted it could take as long as a decade for the bank, which has been implicated in a number of banking scandals, to regain customer trust. Barclays was the first bank to be implicated in the Libor scandal in which traders rigged a key interbank len
Read moreLondon close: Second week of gains for FTSE as confidence grows
27th Dec 2013 16:35
- Sixth day of gains for FTSE - Retailers and miners drive gains - US stocks ease after recent rally techMARK 2,786.92 +0.65% FTSE 100 6,750.87 +0.85% FTSE 250 15,878.10 +0.60% Stocks have registered a sixth day of gains as confident investors took riskier moves in a day of light trading following
Read moreUK to pilot new method of paying in cheques
27th Dec 2013 14:41
It was revealed over the Christmas period that a new method of paying in cheques has been proposed. The new method, which is set to undergo a pilot test in the UK this year, involves the customer of the cheque being able to photograph it before sending it to the bank electronically. The governmen
Read moreFTSE 100 movers: Carnival, ARM Holdings
23rd Dec 2013 14:00
Cruise operator Carnival topped the FTSE 100 after last week reporting better-than-expected trading and saying it predicts the first quarter will beat market forecasts. Despite recent sharp gains, however, the stock is still stuck within a broad sideways trading range, technical analysts at Sharecas
Read moreLondon midday: Markets jump one per cent after Fed taper
19th Dec 2013 12:01
- Fed tapers monthly asset purchases by 10bn dollars - Markets rise, Wall Street hits record high - Annual growth of UK retail sales misses estimates techMARK 2,732.70 +1.31% FTSE 100 6,556.63 +0.99% FTSE 250 15,576.80 +1.37% UK markets had held on to their gains by Thursday lunchtime as investors
Read moreLondon open: Fed taper sparks 'Santa Rally' as stocks jump
19th Dec 2013 08:17
- Fed cuts monthly bond buying to 75bn dollars - Commits to near-zero rates, depending on inflation - Pharma peers AstraZeneca, GSK making gains techMARK 2,727.60 +1.12% FTSE 100 6,553.38 +0.94% FTSE 250 15,550.52 +1.20% UK markets opened around one per cent higher on Thursday morning in the after
Read moreLondon close: Stocks pull back as investors await Fed decision
17th Dec 2013 16:36
- US inflation data in focus ahead of Fed meeting - UK inflation falls, Eurozone inflation picks up - Supermarket fall on competition from discounters - Car insurance is too high, claims Competition Commission techMARK 2,684.75 -0.05% FTSE 100 6,486.19 -0.55% FTSE 250 15,348.56 -0.23% UK markets p
Read moreFTSE 100 movers: Supermarkets drop, Admiral hit by car insurance concerns
17th Dec 2013 16:08
Supermarkets stocks were registering losses on Tuesday afternoon after a report from Kantar Worldpanel revealed that over half the UK shopped in either Aldi or Lidl during the 12 weeks to December 8th for the first time in history. The panel found that all of the Big Four grocers and with the Co-o
Read moreLondon midday: Markets pull back as investors prepare for Fed meeting
17th Dec 2013 11:24
- US inflation in focus ahead of Fed meeting - German sentiment rises; UK inflation eases - S&P downgrades RSA, Fitch lowers outlook - Cable & Wireless Comms gains on bid speculation techMARK 2,690.49 +0.16% FTSE 100 6,499.13 -0.35% FTSE 250 15,419.43 +0.23% Markets across Europe were trading in t
Read moreLondon open: Markets pull back as investors await Fed outcome
17th Dec 2013 08:22
- Markets pull back after 1.3 per cent surge on Monday - Investors await US inflation data ahead of Fed meeting - RSA hit by two credit ratings downgrades techMARK 2,680.51 -0.21% FTSE 100 6,489.08 -0.51% FTSE 250 15,329.78 -0.36% After a strong surge the day before, UK markets opened with moderat
Read moreBarclays moves to block US energy market fines
17th Dec 2013 08:09
Barclays has called for the US courts to block energy regulators from collecting 488m dollars of fines for electricity trading market manipulation. Lawyers from the UK bank have argued that the US Federal Energy Regulatory Commission (FERC) was wrong to order the fines as the actions of the Barcla
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