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 the previous record set in May, 2018 when the FTSE 100 closed at 7,877.45. Investors are reportedly backing the UK’s blue chip firms to benefit from the weak pound combined with […]
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The London FTSE 100 index has fallen further following concerns raised about the effectiveness of Covid vaccines against the new Omicron variant. The CEO of pharmaceutical giant Moderna has predicted a “material drop” in the efficacy of current vaccines and warned that “all the scientists I’ve talked to [about the new variant] … are like, […]
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Boris Johnson and his secretary of state for transport laughed during Monday’s Downing Street press conference held to update the nation on the escalating chaos caused by Covid, Christmas and Brexit combining in a tumultuous storm. More than 40 countries have banned air and rail links to Britain as fears grow about the mutant coronavirus […]
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The prime minister has announced the UK has moved to phase two ‘delay’ in its fight against the coronavirus, calling the outbreak “the worst public health crisis for a generation.” Boris Johnson warned the disease will “spread further” and “many more families are going to lose loved ones before their time.” The latest figures show […]
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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 FTSE 100 blue-chip index. The FTSE 100 closed 7.69% down on Monday – the fifth biggest single day fall in the index’s 36 year history and its worst drop since the […]
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The FTSE 100 has recorded its biggest fall in four years as concerns about the economic impact of the coronavirus hit global markets, wiping billions off the value of the world’s biggest companies. In London, the UK’s FTSE 100 saw £62 billion lost as the share index plummeted 3.3% – the steepest drop since January […]
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