(Alliance News) - Stock prices in London were trading in the red at midday after UK Chancellor Jeremy Hunt announced plans to raise taxes and cut spending. Read More
(Alliance News) - Burberry Group PLC on Thursday reported a strong rise in interim profit and revenue, but maintained its near-term guidance amid a "challenging" economic environment. It also lifted its interim payout by 42%. Read More
(Alliance News) - Stocks in London were mixed at the open on Thursday, but sterling was rising, ahead of the long-awaited autumn budget from UK Chancellor Jeremy Hunt. Read More
(Alliance News) - Stock prices in London closed mixed, as a sell-off in defensive stocks drove the FTSE 100 into the red, while the FTSE 250 added to a strong week. Read More
(Alliance News) - China exposed stocks led the way in London on Friday morning, while the pound continued to get a boost from a cooler-than-expected US inflation reading, despite glum UK economic figures. Read More
(Alliance News) - Stock prices in Europe bounced back on Friday, putting Federal Reserve hawkishness to one side for now, as hopes of a reversal of zero-Covid policies in China lifted the mood. Read More
(Alliance News) - Stock prices in London closed higher on Tuesday, shaking off some early weakness in New York, boosted by hopes that China will deviate from its economically-bruising zero-Covid policy. Read More
(Alliance News) - The FTSE 100 was outperforming its European peers on Friday as sterling was sliding back towards parity with the US dollar as the Conservative party continues to unravel. Read More
(Alliance News) - The FTSE 100 moved into the green in afternoon trading on Wednesday, reversing the losses seen earlier in the session, after the Bank of England announced it will be temporarily buying long-dated UK bonds. Read More
(Alliance News) - London's FTSE 100 hit a near seven-month low on Wednesday but perked up in late morning trade, paring losses after the Bank of England moved to restore order to a wild gilt market. Read More
(Alliance News) - Burberry Group PLC on Wednesday said it has hired Daniel Lee, the former creative director of Italian luxury brand Bottega Veneta, to be its new design chief, as Riccardo Tisci steps down. Read More
(Alliance News) - European energy market worry, UK fiscal policy concern, and interest rate hike and inflation fear were piling up on markets on Wednesday morning. Read More
(Alliance News) - All eyes will be on the pound when traders in Europe return to desks on Monday, after the UK currency fell to an all-time low during the Asian session. Read More
(Alliance News) - Burberry Group PLC on Friday said Chief Operating & Financial Officer Julie Brown plans to step down at the close of its current financial year on April 1, 2023. Read More
