^FTSE - FTSE 100
| Previous Close | 7,599.74 |
| Open | 7,599.74 |
| Volume |
| Day's Range | 7,546.50 - 7,621.72 |
| 52 Week Range | 6,707.60 - 8,047.10 |
| Avg. Volume | 872,206,570 |
Yahoo Finance UKBanks tweak mortgage offers anticipating interest rate rises
HSBC, Halifax and Nationwide are among banks tweaking rates.
Yahoo Finance UKTrending tickers: Tesla | Carvana | Croda | Vodafone
Tesla, Carvana and Vodafone all saw swings in their stock price over the last 24 hours.
- Investing.com
European stocks weaken after weak Chinese data raises recovery doubts
This weak inflation data raised further questions over a slowing economic recovery in the country, the major growth driver in the region as well as a vital export market for many of Europe’s senior companies. Additionally, the European Central Bank is widely expected to increase interest rates next week, with a quarter-point increase fully priced for Thursday. The only real uncertainty is when the following quarter-point increase will come, i.e.
The GuardianWhat were they smoking in Woking? Council tax payers need to be told
Residents will no doubt have to pay a price for their authority’s risk taking and subsequent bankruptcy
Yahoo Finance UKFTSE: AI firm Palantir picks UK as Europe HQ as fintech CAB aims for £1bn London IPO
The British government is pushing for London to become the location for a new global AI regulator, modelled on the International Atomic Energy Agency.
Yahoo Finance UKTrending tickers: Wizz Air | Crest Nicholson | Vodafone | GameStop
The latest investor updates on stocks that are trending on Thursday.
Yahoo Finance UKFTSE in the red as eurozone falls into recession
The eurozone was hit by a combination of soaring inflation and rising interest rates, as household consumption declined, as well as Russia’s war on Ukraine which has pushed energy and food prices higher.
Yahoo Finance UKOil prices: Should you book your Christmas flights now?
Less crude to the global markets is likely to boost oil prices, which could result in more expensive flight tickets for consumers.
- Investing.com
European stocks drift lower; seeking direction ahead of central bank meetings
European stock markets edged lower Thursday, with investors searching for direction ahead of the release of eurozone growth data as well as next week’s key central bank meetings. European stocks appear to be something of a holding pattern ahead of the next week’s policy-setting meetings from both the European Central Bank and the U.S. Federal Reserve. The ECB is widely expected to raise interest rates by a further 25 basis points on Thursday week, with President Christine Lagarde saying earlier this week that inflation pressures remain powerful and borrowing costs will be raised further to tackle them.
Yahoo Finance UKTrending tickers: Tesla l AMD l 888 l Inditex
Tesla shares have gained nearly 30% in the past month as it approaches its next earnings release.
Yahoo Finance UKTime to buy Copper? Low price could offer investors opportunity
The price of copper continues to extend losses to November lows following weak economic data from China, which is normally the top metals consumer.
The TelegraphShell adverts featuring wind turbines and EV charging points banned for ‘greenwashing’
Shell has been banned from running “greenwashed” advertisements that overstated the amount of green energy the oil giant produced.
The TelegraphThis UK trust has drastically outperformed its benchmark since new management took over
A change in management can have a huge impact on company performance. For investment trusts, a new portfolio manager may implement a very different investing approach and strategy that prompts a material shift in share price.
- Investing.com
European stocks edge lower on global economic concerns
European stock markets retreated Wednesday, as investors digested worsening economic conditions ahead of next week’s key central bank meetings. Executive Board member Isabel Schnabel stated in an interview with De Tijd newspaper, published Wednesday, that “we have more ground to cover,” and “it will depend on the incoming data by how much more rates will have to increase.” There are a number of ECB officials speaking Wednesday, and investors will be looking to see how popular these hawkish comments are.
The TelegraphThis company is in a powerful position for capital returns
Shares in National Grid are ex-dividend as of last Thursday and 37.6p a share in cash will land with shareholders on Aug 9, to add to the healthy share price gain we have on paper following our latest look at the utility last November.
- Investing.com
European stocks drift lower; weak German factory orders hit sentiment
European stock markets drifted lower Tuesday, as investors fretted about slowing global growth and future central bank policy decisions. In corporate news, GSK (LON:GSK) stock rose 0.3% after the pharma giant's cancer drug, Jemperli, received approval from the U.S. Food and Drug Administration for use.
ReutersAnalysis-Smaller UK firms attractive targets for PE buyouts
Even as higher costs of borrowing continue to choke dealmaking, fund managers and bankers believe smaller UK-listed firms remain attractive to private equity players flush with unspent funds of nearly a trillion dollars. Central banks have been battling high prices by hiking borrowing costs for more than a year now and market participants expect the Bank of England to lift the benchmark rate to over 5%. While this has put pressure on dealmaking overall, Britain has recently witnessed multiple proposals for takeovers including Network International Holdings, Hyve Group and Medica Group.
ReutersEuropean shares in the red as downbeat U.S. data stokes growth concerns
(Reuters) -European shares dipped on Monday as investors took profits after last week's rebound, as news of weak U.S. business activity stirred up economic slowdown worries and eclipsed gains in telecom stocks. The pan-European STOXX 600 index ended 0.4% lower after a survey showed the U.S. services sector barely grew in May, while factory orders rose less than expected. "There's a bit of profit taking after some of the moves we've had recently," said Steve Sosnick, chief strategist at Interactive Brokers.
- Investing.com
European stocks edged higher; Lagarde speech could provide ECB clues
European stock markets edged higher in cautious trade Monday as investors focused on future central bank policies and a deluge of economic data. U.S. President Joe Biden signed on Saturday a bill suspending the debt limit until the start of 2025, removing the possibility of the U.S. defaulting on its debt obligations, a key source of anxiety for financial markets over the past month. With this in mind, attention turns fully back to what the European Central Bank, and the U.S. Federal Reserve, will decide upon in terms of interest rate hikes in the months ahead as growth slows.
Yahoo Finance UKNumber of young people not working due to ill-heath almost doubles
Worklessness due to ill health heavily concentrated among those with poor qualification levels.
The GuardianBritish energy developers to be told: speed up projects or leave queue for grid
Move expected to help reduce waits of up to 15 years to connect solar power installations
Yahoo Finance UKTrending tickers: Dechra | Wizz Air | Aviva | Lululemon
The latest investor updates on stocks that are trending on Friday.
- Investing.com
FTSE 100 Live: Sentiment boosted by U.S. debt ceiling progress
The U.S. Senate late Thursday passed legislation lifting the Federal government's $31.4 trillion debt ceiling, a day after the House of Representatives did the same.
- Investing.com
European stocks rise; French industrial production beat helps sentiment
European stock markets traded higher Friday after the U.S. debt ceiling bill passed through Congress, while the latest French industrial production data impressed. The U.S. Senate late on Thursday passed legislation that suspended the government's $31.4 trillion debt ceiling for two years, a day after the House of Representatives approved the bill. It now heads to the White House to be signed into law by President Joe Biden, just days before a June 5 deadline for a default which would have had severe economic consequences globally, thus ending a key source of anxiety for financial markets over the past month.
The TelegraphSouth West Water pays £112m to shareholders amid sewage leak backlash
One of Britain’s biggest water companies has paid investors a £112m dividend in what has been branded a “slap in the face” for communities hit by sewage dumping.
