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

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

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...

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...

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...

FTSE 100 rises as UK PM Boris Johnson steps down.

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...

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...

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 ...

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...

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...