The FTSE 100 in the UK experienced a slight decline on Thursday, influenced by losses in the consumer staples and energy sectors, following the announcement of a substantial tax-raising budget by Finance Minister Rachel Reeves the previous day. The blue-chip FTSE 100 slipped 0.3%, while the domestically focused FTSE 250 nudged higher by 0.1%. Some Read More
London stocks experienced a slight increase in volatile trading on Tuesday as investors prepared for an eagerly awaited budget this week, anticipated to feature substantial tax measures, while important U.S. economic data also captured attention. The blue-chip FTSE 100 edged higher by 0.2% as of 10:50, while the FTSE 250 index of domestically oriented UK Read More
London equities experienced a significant decline, moving towards weekly losses. This downturn was driven by apprehensions regarding technology valuations and the Federal Reserve’s assertive approach, which unsettled global markets. Additionally, defense shares fell as indications of possible advancements toward peace in Ukraine emerged. As of 1222, the blue-chip FTSE 100 index fell 0.4%, erasing Thursday’s 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
On Thursday, London’s FTSE 100 saw a drop after a three-day run of record highs, mainly driven by the performance of financial and energy shares, as investors assessed the underwhelming economic growth data for the third quarter. The blue-chip index was down 0.6% as of 12:11, yet it remained close to the important 10,000 points Read More
