Market updates

FTSE 100 falls with BoE’s intervention to reach £65 billion

 FTSE 100 falls with BoE’s intervention to reach £65 billion

. Moving in line with the drops on continental European bourses, London’s FTSE 100 also took a hit.

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FTSE 100 slides despite GDP improvement, retail stocks surge

FTSE 100 slides despite GDP improvement, retail stocks surge

Retail stocks rallied after the GDP news gave them a confidence boost.

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UK markets slump as retail sales fall for third straight month

UK markets slump as retail sales fall for third straight month

UK Market News:,The UK markets on Tuesday extended losses as an analysis by the British Retail Consortium (BRC) and KPMG showed that retail sales in the country declined by 1% in June. The sales fell for the third consecutive month as households slashed d...

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UK Market down as China COVID worries weigh on miners

UK Market down as China COVID worries weigh on miners

UK Market News:,The UK stock market started the week on a sombre note, with the blue-chip FTSE 100 index as it was drag down by miners amid worries about fresh COVID-19 curbs in China and the energy crisis in Europe hurt sentiment, denting the outlook for...

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UK market trade cautiously, as job growth slows in June

UK market trade cautiously, as job growth slows in June

UK Market News:,The UK stock market had a mixed reaction on Friday, with the blue-chip FTSE 100 index adding around half a percent after Boris Johnson announced his departure. However, the index underperformed as compared to its peers due to weakness in m...

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FTSE 100 moves up as PM Boris Johnson steps down

FTSE 100 moves up as PM Boris Johnson steps down

FTSE 100 rises as UK PM Boris Johnson steps down.

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FTSE 100 recoils despite political uncertainty and economic worries

FTSE 100 recoils despite political uncertainty and economic worries

UK Market News:,The UK stock market rebounded on Wednesday, with the blue-chip FTSE 100 index gaining over 1.5% to recover from its worst session in three weeks despite political uncertainty in the country and economic worries. Sterling slumped near two-y...

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FTSE 100 slides as BoE warns of UK’s deteriorating economic outlook

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...

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FTSE100 moves to green as oil prices strengthen

FTSE100 moves to green as oil prices strengthen

UK Market,: The UK stock market stood in green on Monday, with the blue-chip FTSE 100 gaining over 1% during the day. The index was boosted by oil stocks, with energy giants like Harbour Energy, BP, and Shell rallying. Fuel prices have continued to touch ...

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FTSE 100 shrinks as global markets post unwelcome stats

FTSE 100 shrinks as global markets post unwelcome stats

UK Market:,The UK stock markets continued to decline on Friday, with the blue-chip FTSE 100 slipping 0.3% by noon. The fall was led by mining stocks as precious metal prices lost ground following cautious Asian trading. The index saw its worst monthly per...

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Housing stocks drag FTSE 100 lower amid recession fears

Housing stocks drag FTSE 100 lower amid recession fears

UK Market:,The UK stock market was trading in the red on Thursday, with the blue-chip FTSE100 index losing over 2%. Housebuilding stocks, including Barratt and Persimmon, pulled the index lower after Nationwide reported that the house price growth has slo...

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