UK shares experienced a slight increase in a widespread rally on Thursday, as investor sentiment strengthened following U.S. President Donald Trump’s decision to withdraw tariff threats associated with Greenland and his declaration against using military force to acquire the autonomous Danish territory. On Wednesday, Trump reconsidered the imposition of tariffs on U.S.-bound exports from eight Read More
On Wednesday, London’s FTSE 100 remained stable, as weaknesses in the banking and industrial sectors, exacerbated by renewed trade tensions associated with Greenland, overshadowed several positive earnings reports. The blue-chip FTSE 100 was flat at 22,997.66 points by 1045, emerging from a three-day losing streak. Market sentiment deteriorated this week following U.S. President Donald Trump’s Read More
London shares fell on Monday after U.S. President Donald Trump’s warning of tariffs on Britain and seven other European nations unless the U.S. was allowed to buy Greenland, causing unease among investors and putting recent trade agreements at risk. The blue-chip index was down 0.6% as of 1038. The domestically focused mid-cap index fell by Read More
London equities experienced a decline on Friday, moving towards weekly losses, as gilt yields rose sharply following reports indicating that the UK government had scrapped plans for income tax increases in the forthcoming budget. The blue-chip index FTSE 100 fell 1.9% as of 12:13, on pace to log its steepest one-day decline since April 9, Read More
