FTSE ends the week in the green
The FTSE 100 ended the week with positive results, emerging from a turbulant period of trading to begin what is known as “earnings season” on the right foot. Sentiment has been high since the Federal Reserve and its chairman, Ben Bernanke, confirmed that the US central bank were still some way off cutting their monetary stimulus package More...
Burberry rises, FTSE 100 slips
The FTSE 100 declined on Wednesday as miners finally succumbed to the pressures being applied to their industry by the seemingly endless stream of negative data reports coming out of China. The situation in China More...
FTSE 100 rises for second successive day, US stocks also advance
The FTSE 100 advanced on Tuesday, clawing back some of its declines over the last month and a half as fears of quantitative easing slowly begin to take a backseat in the minds of investors in the markets appear More...
Rolls-Royce hit by quality concerns
British car maker Rolls-Royce have been hit with the worst type of negative PR possible for a luxury product producer after a damning account of their production methods was given in a US lawsuit. The lawsuit revolves More...
FTSE 100 rallies on Bank of England’s lack of action
The FTSE 100 advanced by 191.8 points, or 3%, ending the day at 6421.7 after the Bank of England announced that it would not be altering the 0.5% interest rate and brushed off claims that a rise in interest rates More...
Central Banks meetings to dominate tomorrow’s trading
Tomorrow morning the Bank of England and the European Central Bank will hold their monthly meetings. While the monthly meetings of two of the world’s largest and most influential financial institutions would More...
FTSE 100 declines again on concerns for political stability
The FTSE 100 fell by 1% during today’s trading for a wide range of reasons but the biggest impact felt came from Portugal and Egypt, where political stability is currently under threat for very different More...
FTSE 100 declines, ITV subject of takeover speculation
FTSE 100 closed that 6303.94 today, declining by 3.84 points, a fall of 0.06%. London’s blue-chip index fought back from earlier declines, peaking just above its previous closing price shortly before 3 PM More...
Ocado shows signs of growth yet losses increase
The online food retailer Ocado has filed losses of £3.8 million, despite showing growth in almost every measurable area. The company, which was recently bought out by Morrisons, attributed the losses to the opening More...
Best month for UK manufacturing in two years
The month of June saw the best performance in UK manufacturing for two years according to the Markit/CIPS purchasing managers index, also known as the PMI. The index concluded the month at 52.5, a peak that it More...