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FTSE falls while gas and oil prices soar after Russia invades Ukraine
London’s FTSE 100 fell 4% while the price of gas, oil and other commodities soared as spooked financial markets reacted to Russia’s invasion of...
New Black Monday for FTSE 100 – £124bn wiped off shares
London’s stock market has plummeted amidst fears of a global recession caused by the coronavirus with £124 billion wiped off the value of the...
Coronavirus – FTSE 100 records biggest fall in 4 years
The FTSE 100 has recorded its biggest fall in four years as concerns about the economic impact of the coronavirus hit global markets, wiping...
FSTE 100 sets record high; 20 Tory rebel MPs threaten Sunak’s majority
London’s FTSE 100 stock index set a record closing high on Friday (Feb 3) finishing up more than 1% at 7,901.8 points - beating...
Government to blame for pre-Christmas rail strikes, says Lynch
Union leader Mick Lynch is blaming the government for a new round of 48 hour rail strikes that will paralyse the network in the...
Paris takes over from London as Europe’s biggest stock market
London has lost its crown as the home of Europe’s largest stock market to Paris for the first time since records began in 2003.
Stock...
Pound hits historic low while split in Tory party deepens
The pound has plummeted to its lowest ever level against the US dollar after the new Conservative government’s mini-budget collapsed confidence in the UK’s...
Pound plummets as markets react to £45bn tax cuts for rich
The pound and UK stock markets have plummeted providing an immediate reaction to chancellor Kwasi Kwarteng’s mini-budget aimed to stimulate economic growth.
The £45 billion...
UK wage gap to widen as Kwarteng set to scrap banker bonus cap
The disparity in pay across the UK is growing. For many workers, pay increases have failed to keep up with rising costs, but for...
Government and industry ‘wargames’ threat of energy blackouts
UK energy suppliers are preparing to “wargame” emergency plans to avert blackouts this winter with warnings that low gas supplies could see power stations...