FTSE 100 Live: UK Stocks Set to Hold Near Record High
Growth downgrades and the rise in bond yields in recent months have wiped out the £9.9 billion margin that Reeves left in her Budget in October against her “stability rule” that day-to-day spending must be covered by taxes.
FTSE 100 closes higher, Wall Street slides as rising US inflation spooks markets
US economists are looking for monthly headline CPI at 0.31%, which would keep the year-on-year rate at 2.9%. Core CPI is forecast to come in at 0.28%, with the year-on-year rate ticking down a tenth to 3.1%.
FTSE 100 Live: Index slips from record; House prices hit record; L&G surges
The FTSE 100 headed lower as trading got underway on Friday, in line with a drop for heavyweights AstraZeneca PLC (LON: AZN) and GSK PLC. London’s blue-chip index slipped 18 points to 8,708 initially, having hit a record high of 8,767 on Thursday.
FTSE 100 Live: Pound Drops, Bond Yields Jump After US Inflation Data
Speaking to the Financial Times, Mann said that demand conditions in the UK are “quite a bit weaker” than before. That impacts consumer spending and the ability of companies to raise prices, therefore easing inflation risk. Mann was among the most hawkish policymakers at the bank but last week switched to vote for a 50 basis point rate cut.
FTSE 100 notches another record while US inflation rises
The FTSE 100 reached a record high at the close of trading for a third consecutive day on Wednesday. London’s biggest stock index gained 30 points to finish the day at 8,807, or a 0.3% rise. Most of the FTSE’s biggest names rose in value on Wednesday,
FTSE 100 Live 12 February: Mortgage rates cut, Barratt Redrow surges on new guidance
Barratt Redrow today bolstered profit guidance amid resilient levels of customer demand at the start of 2025. The ...
FTSE 100 closes higher and US stocks tepid as Powell says 'no hurry' for rate cuts
The FTSE 100 was higher and European markets were mixed on Tuesday morning as the EU said it would respond to new US tariffs on steel and aluminium imposed by Donald Trump. The FTSE 100 ( ^FTSE) rose ...