FTSE 100 hits one-year high and FTSE 250 erases post-Brexit losses as UK economy grows by 0.6pc
Jul27

FTSE 100 hits one-year high and FTSE 250 erases post-Brexit losses as UK economy grows by 0.6pc

FTSE 100 Source: FTSE 100 hits one-year high and FTSE 250 erases post-Brexit losses as UK economy grows by...

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FTSE 100 bolstered by ITV and UK growth data – BBC News
Jul27

FTSE 100 bolstered by ITV and UK growth data – BBC News

The FTSE 100 hits its highest level for nearly a year, as better-than-expected results from ITV and strong UK growth data boosts sentiment. Source: FTSE 100 bolstered by ITV and UK growth data – BBC...

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Hold your nerve, it’s not all doom and gloom
Aug26

Hold your nerve, it’s not all doom and gloom

The FTSE 100 bounced back from 10 days of continued losses yesterday, overcoming fears of a Chinese-led global slowdown that had caused it to fall 4.67% on Monday. By Yesterday’s close, the FTSE index was up 182 points or 3% to 6,081. The rise was boosted by news that China had cut its main interest rate by 0.25 basis points to 4.6%. Surprisingly the top gainers of the day was dominated by mining stocks which have been hit badly...

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Euro freefall – let it continue
Jun29

Euro freefall – let it continue

Greek banks will be closed until Tuesday, 7 July as part of capital control measures announced last night (28 June). Greece’s creditors were forced put forward a fresh set of reforms over the weekend after European officials rejected the Greek government’s proposals on Friday (26 June). With neither party willing to budge on reforms, Greece’s Prime Minister Alexis Tsipras has called for a deferral of Tuesday’s €1.6 billion...

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Grexit imminent
Jun27

Grexit imminent

Greece on the way out, as Eurozone finance ministers reject their request to extend a bailout programme beyond 30 June. A Eurogroup statement said Greece had broken off negotiations over a new bailout deal “unilaterally”. Late on Friday, Greek PM Alexis Tsipras called a surprise referendum for 5 July over the terms of any new deal. Greece has to pay €1.6bn (£1.1bn) to the IMF on Tuesday. Without new funds, there are fears...

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UK government borrowing falls in May
Jun19

UK government borrowing falls in May

A rise in income tax and VAT receipts helped to cut UK government borrowing in May, official figures have shown. UK government borrowing fell to £10.13bn in May, the Office for National Statistics (ONS) said, down from £12.35bn a year earlier. It was the lowest borrowing figure in May for eight years. Public sector net debt excluding public sector banks now stands at £1.5 trillion, the ONS said, which is 80.8% of gross domestic...

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