(Alliance News) - London's FTSE 100 opened lower on Friday, with a robust UK gross domestic product giving the Bank of England leeway to enact more hikes, while fears of higher rates were also evident across the Atlantic, after hawkish words from a US central banker. Read More
(Alliance News) - Persimmon PLC on Thursday reported a sharp drop in profit in the first half of 2023 as the housebuilder felt the bite of higher mortgage rates, the removal of Help to Buy and significant market uncertainty. Read More
(Alliance News) - London's FTSE 100 largely tread water on Thursday morning, though continental peers shot up, with European markets in a largely confident mood ahead of a US inflation report. Read More
(Alliance News) - London's FTSE 100 is called to open higher on Thursday, with all eyes on the afternoon's US inflation reading, the next risk event for global markets. Read More
(Alliance News) - abrdn PLC on Thursday said it has hired Jason Windsor as chief financial officer, poaching him from housebuilder Persimmon PLC. Read More
(Alliance News) - Stocks in London ended sharply higher on Wednesday after a cooler-than-expected inflation print in the UK raised hopes that the Bank of England won't have to hike interest rates as far and as fast as previously feared. Read More
(Alliance News) - Stock prices in London surged on Wednesday, with a cooler UK inflation reading lifting investor sentiment and taking pressure off the Bank of England. Read More
(Alliance News) - Stock prices in London rose sharply at Wednesday's open, with official figures showing signs that runaway UK inflation might be easing. Read More
(Alliance News) - Stocks in London ended firmly in the green on Tuesday, with the FTSE 100 lifted by a strong performance from housebuilding stocks and a very well-received update from online grocer and warehouse technology firm Ocado. Read More
(Alliance News) - London's FTSE 100 was ever-so-slightly higher heading into Tuesday afternoon, supported by gains for housebuilding stocks on hope UK inflation is easing, and grocer Ocado. Read More
(Alliance News) - Stock prices in London drifted into the red at Monday's open, as investors digested the latest set of concerning economic data from China, and awaited more earnings from big US companies. Read More
(Alliance News) - Stock prices in London closed higher on Thursday, and sterling hit the USD1.31 mark, as more data suggested that US inflation pressure is easing. Read More