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London open: FTSE nudges lower as GDP data raises risk of recession London stocks nudged lower in early trade on Wednesday as the latest GDP data raised fears of a recession, with housebuilders under the cosh after Barratt Developments warned of a “less certain” outlook. At 0835 BST, the FTSE 100 was down 0.1% at 6,879.28. Meanwhile, […]

London open: Stocks in the red as BoE expands bond-buying scheme London stocks fell in early trade on Tuesday after the Bank of England intervened in bond markets once more, and as investors mulled the latest UK jobs data. At 0840 BST, the FTSE 100 was down 0.8% at 6,903.54, while the pound was 0.1% […]

London open: Stocks fall but DS Smith bucks trend after update London stocks fell in early trade on Monday following heavy losses in Asia, amid worries the US Federal Reserve will maintain its hawkish stance after a better-than-expected jobs report last week. At 0840 BST, the FTSE 100 was down 0.5% at 6,959.32, while the […]

London open: FTSE up but gains muted after Fitch downgrade London stocks were higher in early trade on Thursday, but gains were unspectacular after Fitch downgraded the UK’s credit rating outlook. At 0830 BST, the FTSE 100 was up 0.2% at 7,064.94, while sterling was 0.1% firmer versus the dollar at 1.1339. Late on Wednesday, Fitch downgraded […]

London open: Stocks fall as investors eye Truss speech, OPEC meeting London stocks fell in early trade on Wednesday following strong gains in the previous session, as investors eyed prime minister Liz Truss’s keynote speech at the Tory conference and an OPEC+ meeting on supply. At 0830 BST, the FTSE 100 was down 0.5% at […]

London open: FTSE gains as Kwarteng to bring forward details of debt-cutting plans London stocks rose in early trade on Tuesday following strong gains on Wall Street and as investors welcomed news that chancellor Kwasi Kwarteng plans to bring forward the publication of his debt-reduction proposals. At 0825 BST, the FTSE 100 was up 0.7% […]

London open: FSTE falls, sterling gains as govt ditches plan to scrap 45p tax rate London stocks fell in early trade on Monday as sterling got a boost after the UK government abandoned plans to cut the top tax rate. At 0825 BST, the FTSE 100 was down 0.8% at 6,838.36, while sterling was off […]

London open: FTSE slumps and pound slides; Next cuts guidance London stocks slumped and sterling was under pressure again on Thursday as investors continued to fret about the implications of last week’s so-called mini-budget, with a guidance downgrade from retailer Next adding to the downbeat mood. At 0835 BST, the FTSE 100 was 1.3% lower at 6,913.08, […]

London open: Stocks fall, sterling drops again as IMF criticises UK tax cuts London stocks fell in early trade on Wednesday, with sterling under the cosh again after the International Monetary Fund criticised the UK government’s tax plan. At 0820 BST, the FTSE 100 was 0.8% lower at 6,930.20, while the pound was down 0.6% […]

London open: FTSE gains as sterling steadies after record lows London stocks rose in early trade on Tuesday as sterling regained some poise after hitting a record low a day earlier. At 0845 BST, the FTSE 100 was up 0.6% at 7,063.34, while the pound was 1.1% firmer against the dollar at 1.0807, having fallen […]