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City

FTSE 100 edges higher despite German recession fears

The London Stock Exchange’s FTSE 100 index rose slightly on Monday but bleak economic outlooks and rising rates continue to cause market jitters. The FTSE index closed at 7,306.30 on Monday, up by 0.41%, or 29.93 points, kicking off a busy week of ...

25 Jul 2022 at 18:37

Pound tumbles amid market fears for UK economy and impact of austerity budget

The pound has dropped sharply against the US dollar as financial markets fretted over warnings the UK is already in recession and fears Chancellor Jeremy Hunt’s austerity budget will compound the economic woes. Sterling dropped more than 1.2% to ...

17 Nov 2022 at 15:32

City

Stock markets rebound as Chancellor ‘stands ready’ after banking turmoil

Stocks have rebounded as the Chancellor said the UK Government “stands ready” to act if there is instability in the global markets as they adjust to a period of higher interest rates. It came as US Treasury Secretary Janet Yellen also signalled ...

21 Mar 2023 at 17:23

City

London market set for year of two halves after gloomy start to 2023, say experts

The London market kicks off 2023 with a gloomy backdrop as the UK is forecasted to plunge into recession and economies globally wrestle with sky-high inflation amid the energy and cost crisis. After the extreme volatility of 2022, the FTSE 100 ...

01 Jan 2023 at 09:00

City

FTSE 100 hits all-time high as shares rally holds strong

London’s FTSE 100 Index has soared to its highest level as the shares rally shows little sign of easing. The FTSE surpassed the previous intraday record of 8,047.06 from February last year, with investors in good spirits amid continued hopes ...

23 Apr 2024 at 17:03

City

Global stocks rebound as US and UK governments reassure over stability

Global stock markets have rebounded after the US and UK governments made fresh assurances over the stability of the banking sector following a string of bank failures. US stock markets opened higher after Treasury secretary Janet Yellen ...

21 Mar 2023 at 14:55

Three weeks of market chaos that toppled the chancellor

The pound hit its lowest point in history, the interest rate on Government loans rose to the highest for 30 years, and London’s shares crashed to a 19-month low – all in the three weeks since the former chancellor’s mini budget. The ...

14 Oct 2022 at 18:24

City

FTSE 100 touches above 9,000 for the first time

Britain’s blue chip share index surpassed the 9,000 level for the first time on Tuesday as European markets edged higher on hopes of a trade deal between the US and European Union. The FTSE 100 Index briefly rose above the record ...

15 Jul 2025 at 10:38

City

Bank shares bounce back as crisis fears ease

Bank shares have staged a bounce back as fears over a global banking crisis began to subside, but markets are expected to remain volatile ahead of central bank interest rate decisions. London-listed lending giants Barclays, ...

21 Mar 2023 at 09:26

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