NXT, ASC, MKS: Stocks to eye as households suffer due to rising bills
According to a new study by Consumer Group, Which?, the overall confidence of its consumers in the UK has taken a hit since the start of the Covid-19 pandemic.
- July 06, 2022 01:46 PM BST
- Priya Bhandari
BOOT, RDW, TW.: Homebuilders under investors’ lens amid signs of a slowdown
The recent fall in construction activity owed to a fall in the housing component.
- July 06, 2022 12:54 PM BST
- Rishika Raina
Five major challenges new UK Chancellor Nadhim Zahawi faces
Highlights:,Nadhim Zahawi has been appointed as the new Chancellor of the Exchequer after Rishi Sunak stepped down.,Amid the cost-of-living crisis, Zahawi faces a myriad of challenges.,In a major blow to Prime Minister Boris Johnson, Chancellor of the Exc...
- July 06, 2022 12:16 PM BST
- Abhishek Sharma
Rishi Sunak and Sajid Javid resign amid the UK’s economic downturn
According to the latest Financial Stability Report published by BoE, the condition of the UK economy has worsened considerably.
- July 06, 2022 09:17 AM BST
- Rishika Raina
CNA, SSE, YU.: Gas stocks to consider amid fears of shortage
Highlights:,Norweigan gas producer Equinor has announced that three sites in the country would halt production due to strikes by workers.,If the situation escalates, the gas supply to the UK from Norway may be shut off this weekend.,Gas prices in the UK h...
- July 06, 2022 08:10 AM BST
- Abhishek Sharma
FTSE 100 slides as BoE warns of UK’s deteriorating economic outlook
UK Market:,The UK stock market was trading in the red on Tuesday, with the blue-chip FTSE100 index losing over 2%. Amid recessionary fears, the Bank of England (BoE) has warned in its most recent Financial Stability Report that the economic outlook for th...
- July 05, 2022 03:03 PM BST
- Rishika Raina