ADVFN News Bulletin

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 […]

London open: FTSE gains as sterling slides to all-time low vs dollar London stocks rose in early trade on Monday, while sterling fell to an all-time low against the greenback amid concerns the swathe of tax cuts announced by chancellor Kwasi Kwarteng last week will do little to boost growth and will instead add to […]

London open: Stocks little changed ahead of mini-budget London stocks were little changed in early trade on Friday as investors eyed the mini-budget, with Chancellor Kwasi Kwarteng set to announce the biggest tax cuts since Margaret Thatcher was in No 10 Downing Street. At 0825 BST, the FTSE 100 was down 0.1% at 7,155.00, while […]

London open: Stocks slide after hawkish Fed, ahead of BoE London stocks slid in early trade on Thursday ahead of the latest policy announcement from the Bank of England, as investors digested another big rate hike from the US Federal Reserve and a hawkish stance. At 0825 BST, the FTSE 100 was down 1% at […]

London open: FTSE nudges up ahead of Fed announcement; housebuilders rally London stocks nudged higher in early trade on Wednesday, underpinned by strength in the housebuilding sector, as investors braced for another big rate hike by the US Federal Reserve. At 0835 BST, the FTSE 100 was up 0.2% at 7,205.10. Susannah Streeter, senior investment […]

London open: Stocks rise after late Wall Street rally London stocks rose in early trade on Tuesday following a late rally on Wall Street, as traders returned to their desks after the long weekend. At 0835 BST, the FTSE 100 was 1.2% firmer at 7,321.53. Markets were closed on Monday for the funeral of Queen […]

London open: Stocks gain despite dire GDP data London stocks rose in early trade on Wednesday despite confirmation that the UK economy has fallen into its worst recession on record. At 0845 BST, the FTSE 100 was up 0.6% at 6,190.29, while sterling was down 0.1% against the dollar at 1.3042. Figures released earlier by […]

London open: Stocks fall as investors mull inflation data London stocks fell in early trade on Wednesday, taking their cue from a weak session on Wall Street after a hotter-than-expected inflation print, as the latest reading on UK inflation showed an unexpected dip in August. At 0825 BST, the FTSE 100 was down 0.6% at […]