The FTSE 100 recorded its sharpest weekly decline in eleven months. The benchmark index closed 129 points lower on the day at 10,284, a fall of 1.24%.
BoE keeps rates on hold at 3.75% after narrow 5–4 decision
Oh wow indeed — that is a really close call from the Bank of England.
Bank of England cuts rates as UK economy stagnates
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.
BoE ‘too slow’ on rate cuts as inflation retreats
The Bank of England risks falling behind the curve on interest rate cuts and may be forced to “play catch-up” next year if it delays action as inflation continues to
Easing inflation clears path for Bank of England rate cut
UK inflation fell by more than expected in November, strengthening the case for the Bank of England to cut interest rates this week, according to official data.
Goldman Sachs warns of £30bn tax rise in Reeves’ Budget plans
Rachel Reeves is expected to raise taxes by around £30bn as she prepares to lift the two-child benefit cap, according to new forecasts from Goldman Sachs.
The FTSE 100 is set for another attempt at thawing out on Thursday
The FTSE 100 is set for another attempt at thawing out on Thursday, with sentiment improving after Nvidia’s stronger-than-expected earnings lifted global markets overnight.
The FTSE 100 is set to claw back a sliver of yesterday’s heavy losses on Wednesday
The FTSE 100 is set to claw back a sliver of yesterday’s heavy losses on Wednesday, after fresh data showed UK inflation cooled slightly last month.
FTSE 100 poised for a heavy fall at the open
The FTSE 100 looks set for a bruising start on Tuesday, with futures pointing to a sharp 135-point drop — less a gentle dip and more a full-throated plunge. It’s
UK Stocks Flat After Income Tax U-Turn Sparks Market Turmoil
UK equities steadied on Monday after last week’s dramatic sell-off triggered by the Chancellor’s U-turn on raising income tax. The FTSE 100 was largely unchanged in early trading at 9,698.32,
FTSE 100 Set for Slight Dip After Heavy Sell-Off, With Fresh Data in Focus
London equities were poised to open slightly lower on Monday, with the FTSE 100 expected to fall around 10 points at the open following Friday’s triple-digit slump. Traders are bracing
FTSE 100 Closes Lower as Budget Turmoil Shakes Markets
The FTSE 100 ended the session firmly in the red on Friday, closing down 1.1% at 9,698.37 points, as mounting uncertainty over the public finances rattled UK markets.