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City

FTSE claws back some lost ground from tough Monday

After briefly looking like it might recover a large part of the ground lost on a tough Monday, the FTSE 100 closed up modestly on Tuesday. The City’s top index gained 26.64 points, or 0.4%, by the end of the day, ending at 7,243.22. It had traded as ...

10 May 2022 at 18:55

City

‘Muted’ UK sanctions on Russia and what impact they have on UK businesses

The sanctions imposed on five banks and three Russian businessmen are unlikely to have a significant effect on British businesses or the economy. But global sanctions and stricter ones being threatened by the Prime Minister could have a greater ...

22 Feb 2022 at 16:25

Oil prices surge and stock markets under pressure as crisis mounts in Ukraine

Stock markets tumbled worldwide and oil prices soared to their highest level for seven years after Russia ordered troops into two breakaway regions of Ukraine. Brent crude surged to its highest level since September 2014, reaching 99.5 US ...

22 Feb 2022 at 11:55

Markets tumble and oil soars after Putin launches war with Ukraine

Markets across the globe slumped and oil prices soared to levels not seen in eight years as Russian President Vladimir Putin launched a full-scale invasion of Ukraine. Trading was suspended on the Moscow Stock Exchange before reopening ...

24 Feb 2022 at 09:55

London Stock Exchange suspends trading in eight more Russian firms

The London Stock Exchange has suspended trading in eight more Russia-based companies due to the ongoing invasion of Ukraine. It comes a day after the financial markets operator said 28 Russian companies had been blocked. The update ...

04 Mar 2022 at 10:55

City

FTSE continues week-long malaise, but falls ease

Investors hoping for a bounceback after days of malaise on London’s markets were treated to a rollercoaster session on Tuesday. The FTSE 100 finally settled at 7,187.46 after falling as low as 7,135 earlier in the day, its lowest ...

14 Jun 2022 at 18:13

Local News

As temperatures soar, loughs Agency issues advice to local anglers

The Loughs Agency is advising anglers to help preserve salmon and trout stocks in rivers following prolonged periods of hot weather across both the Foyle and Carlingford catchments. The extreme weather conditions have led to low ...

11 Aug 2022 at 16:33

City

Markets slump on poor showing for retailers after Wall Street fall

European markets were sharply lower on Thursday on the back of a dreadful session for retail stocks. Sentiment in the sector slid after a profit warning by US retail giant Target on Wednesday led to the worst day for the S&P ...

19 May 2022 at 18:30

Home

Inshore fishery “on its knees” - Jerry Early

Major disagreement regarding salmon stocks emerged at a recent meeting of Donegal County Council Fisheries committee. Fisher representative, Jerry Early, from Arranmore, said the shellfish, lobster and crab fisheries were ...

16 May 2022 at 14:33

Made.com ends sale process after search for rescue bid fails

City

Made.com ends sales process after search for rescue bid fails

Teetering furniture seller Made.com has abandoned hopes of finding a buyer to save it from the cliff edge a day after suspending sales to new customers. Bosses said they have realised there is “no reasonable prospect” ...

27 Oct 2022 at 10:56

City

Made.com suspends customer orders after funding talks collapse

Online furniture retailer Made.com will not take any new orders from customers after attempts to secure a bail-out fell flat. Bosses said they have decided to “temporarily suspend new customer orders” to preserve ...

26 Oct 2022 at 09:02

City

FTSE 100 drops despite eased restrictions in China as health firms dip

The FTSE dipped as it was impacted by weaker health stocks and caution over global political and economic uncertainty. The easing of China’s zero Covid measures failed to make major inroads into the markets at ...

07 Nov 2022 at 18:11

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