Lastest Finance News

FTSE 100 Stronger Following Poor US Jobs Data

24th May 2018

As we head into the new month, some of the first data to surface is the US non-farm payroll report. The data showed that the US non-farm payrolls grew by 164,000 during the month of April, and unemployment fell to 3.9 percent. ... Read More

FTSE Stable as Merger Mania Hits

24th May 2018

The FTSE 100 stood firm on Tuesday, as merger mania hit the news. Virgin Money gained 9% following the news that there had been a bid from CYBG, a rival bank. Meanwhile, Shire finally succumbed to a bid from Takeda, who had already made three prior offers for the company. Sky was also the subject of an offer, from US company Comcast. ... Read More

Imperial Brands Shares Gain Thanks to New Products

24th May 2018

Shares in Imperial Brands jumped on Wednesday, as the company reported that it was continuing to make significant progress in it’s next generation products, although profits and revenues were on the decline. ... Read More

Brexit Deadlock Leads to Postponed Votes

24th May 2018

Theresa May has postponed votes on some key Brexit Legislation, as allies played down the possibility of any immediate agreement being reached over customs policy. It appears that, for now, Britain is still in a state of paralysis regarding key elements of the Brexit negotiations. ... Read More

FTSE 100 Enjoys Best Weekly Streak in 13 Years

24th May 2018

The FTSE 100 enjoyed its best weekly winning streak in 13 years, as a flurry of M&A activity helped the index to inch up on Friday. Zoopla owner ZPG gained 30 percent following the news of the $3 billion deal, and the FTSE 100 achieved its seventh straight week of gains. ... Read More

Barratt Developments Reports Positive Yearly Outlook

24th May 2018

Barratt Developments has reported that it has seen a strong start to the year so far, and that it expects that its full-year (which runs to the end of June) will be in line with expectations. The company enjoyed a broker upgrade after the report, and the optimism spread to other housebuilders also. ... Read More

BOE Deputy Governor Warns the UK Economy Is ‘Menopausal’

24th May 2018

The Bank of England’s Deputy Governor has warned that the UK’s economy is entering a ‘menopausal’ phase. The comments, which were made as a part of a speech on the woes of UK industry, were met with a hostile response, with many calling them ‘lazy and sexist’. ... Read More

FTSE Strong In Run Up to Royal Wedding

24th May 2018

With the nation focused firmly on the royal wedding, the FTSE 100 performed well, ending the week at a 1.2 percent return, outperforming the wider markets. ... Read More

Glencore Facing Congo Probe

24th May 2018

The mining company Glencore saw its shares fall on Friday as more news surfaced over their dealings in the Congo. The company is facing a bribery probe into its copper operation in the Democratic Republic of Congo. ... Read More

FTSE 100 Hits Record High

24th May 2018

The FTSE 100 broke through the 7,800 barrier, hitting a record high on Monday, thanks to the news that the US - China trade war is entering a truce period. The UK’s leading index hit a new intra-day all-time high of 7,868 and while it shed some of those gains it still ended the day at 7,859.17 - an all-time intra-day high, boosted in part by a weakness in the pound. ... Read More

Marks and Spencer’s Failure to Adapt

24th May 2018

Marks and Spencer has announced falling profits. This has been an ongoing trend for the company in recent years, but what is it that has caused the company to flounder where others are succeeding? ... Read More

MPs Calling for Scrutiny of Supermarket Merger

22nd May 2018

MPs are putting increasing pressure on regulators regarding the Sainsbury’s and Asda merger, to scrutinise the deal and how suppliers might be affected. The Business, Energy and Industrial Strategy committee and the committee for Environment, Food and Rural Affairs have both written to the competition watchdog, amidst concerns that the deal could be harmful to the supply chain. ... Read More

FTSE Gains During First May Session

19th May 2018

The FTSE 100 got off to a strong start to the first session of the month, however there were some worries, with weak manufacturing stats raising questions about the state of the economy. ... Read More

Sainsbury’s and Asda Lose Market Share

19th May 2018

According to the latest Kantar market report, Sainsbury’s and Asda have lost market share, as their sails are trailing behind their rivals in the ‘big four’ over the 12 weeks leading up to April 22nd. ... Read More

FTSE 100 Proving Surprisingly Resilient

17th May 2018

In the face f mounting pressure against it, the FTSE 100 has proven to be surprisingly resilient, climbing from 6,888.69 a month ago, to 7,425 at the end of the week. The trajectory of the UK’s leading index is quite bullish, as shown by the strength of it in terms of short-term growth, however the year to date has not been as impressive as it could have been. ... Read More

FTSE Gains, But Shell Struggles

14th May 2018

The FTSE 100 made its best gains in a full week, but Shell’s shares declined, and Barclays also struggled. The UK’s leading index put in a strong performance, rising alongside European stocks, and returning to form after a poor performance on Wednesday. ... Read More

Shire and Takeda to Announce Deal

12th May 2018

Shire and Takeda plan to announce a preliminary deal. Takeda has already made several offers to Shire, and has been rebuffed on each occasion, however it has come back to the table with a greater cash offer, and Shire is expected to agree to an extension of the regulatory deadline for offers, that will give Takeda time to put in a firmer bid. ... Read More

FTSE Gains on City Optimism

11th May 2018

The FTSE 100 closed 30 points higher on Monday, boosted by hopes that the City could retain some of its benefits after the UK exits the EU. ... Read More

FTSE 100 Posts Fourth Week of Gains

9th May 2018

The FTSE 100 posted its fourth straight week of gains last week, but the overall picture was not entirely positive, with Reckitt and Shire both struggling. Friday saw the FTSE 100 profit thanks to a weak sterling, while Reckitt Benckiser slipped after disappointing results, and Shire also struggled as Allergan backed out of a bid to acquire the pharmaceuticals company. ... Read More

Cross Border Trade and VAT Questions Post Brexit

9th May 2018

The government is being called upon to explain the arrangements that it will be putting in place for VAT collection on cross-border trade following Brexit. Currently, the UK is a part of a single VAT area within the EU, and when a UK product gets exported to another country in the EU, the VAT is paid where the product is actually consumed. ... Read More

UK Markets Gain as Sterling Slips

6th May 2018

The FTSE 100 lost some ground during mid-morning trading, thanks in part to some confusion over the timing, or likelihood, of a May rate rise. Mark Carney of the Bank of England gave some mixed messages about the timing of any coming rate increase, leaving investors questioning whether they had read signals correctly. ... Read More

Government Suffers Two Brexit Defeats

3rd May 2018

Peers in the House of Lords have secured victory relating to two amendments to the EU Withdrawal Bill. The defeats have caused the government to claim that the House of Lords is attempting to prevent the UK leaving the EU. ... Read More

FTSE Under Pressure Thanks to Rising Pound

1st May 2018

The FTSE 100 got off to a weak start on Friday, as shares in Sage fell by more than ten percent after the opening bell, and a strong pound weighed on many international earners. ... Read More

FTSE Slips Following Syria Strike

1st May 2018

Shares in the UK’s leading index fell by more than 0.9 percent on Monday, with the news of Martin Sorrell’s resignation from a CEO position at WPP dominating the headlines, and U.S. hedge fund Elliott Management attracting attention by increasing its stake in Whitbread, the owner of numerous hotels and coffee shops. ... Read More

Mining Stocks Bolster FTSE 100

30th April 2018

Recovering mining stocks helped to bring the FTSE 100 up to a six week high on Tuesday, with concerns about global trade easing. The FTSE 100 gained one percent by the close of trading, and the FTSE 250 put in a similarly strong performance. ... Read More

FTSE 100 Latest
Value7,716.74
Change-71.70