London shares hit a nine-month high as FTSE 100 rises by 0.9% or 60 points to 6,550 amid hopes coronavirus vaccine will help business bounce back (but will there be a ‘Santa Rally’?) FTSE 100 rose by nearly 1 per cent to its highest level since March 5 yesterday The rise took gains since the … Read more
The FTSE 100 hit its highest level since June after the UK became the first country to approve Pfizer and Biontech’s Covid vaccine. The jab will be rolled out from next week to pave the way for mass vaccination and could herald a return to ‘normal’ life by next summer. Elderly people in care homes … Read more
Rishi fails to rally FTSE with pledge to splash MORE cash: London markets tumble with 42-point slide by 0.65% to 6,390 as Spending Review lays bare Britain’s grave economic state FTSE 100 down at 6,390 soon after Rishi Sunak began speaking in Commons Index of Britain’s biggest companies had been up at 6,464 in early … Read more
BUSINESS LIVE: FTSE rises as Astrazeneca confirms vaccine 90% effective; Cineworld secures extra liquidity; AA receives £210m offer By This Is Money Published: 08:10 GMT, 23 November 2020 | Updated: 08:21 GMT, 23 November 2020 AstraZeneca’s vaccine trial and Prime Minister Boris Johnson’s speech today outlining the loosening of lockdown restrictions that will happen after … Read more
Dollar rises against pound and US bonds are in demand as investors seek safe havens amid ‘extended uncertainty’ of election Leading up to election day markets had been pricing in a Biden clear sweep Strength of US dollar now on the up as investors flock to ‘safe havens’ By Jane Denton For Thisismoney Published: 11:53 GMT, … Read more
The FTSE 100 has suffered its worst month since March as fears of a second wave shook investor confidence. Britain’s index of leading companies has slid by 282 points throughout October – most notably over the last week, as coronavirus cases have shot up and countries around Europe have begun to impose strict new lockdowns. … Read more
FTSE 100 opens trading at SIX-MONTH low of 5,583 the day after markets lost £37BILLION amid fears coronavirus second wave will cause economic meltdown London market had topsy-turvy first 30 minutes as it rose, fell and rose again FTSE 100 index has not seen such low figures since it closed at 5,582 on April 6 … Read more
Legal & General demands ALL FTSE 100 companies must have at least one board member from black, Asian or ethnic minority background by start of 2022 Financial services firm urges company bosses to hire ethnic minority director It says it will vote against firms unless they hire a BAME board member by 2022 Study in … Read more
A new drive to increase the numbers of black, Asian and ethnic minority directors sitting on the boards of UK companies is being launched today. The initiative is being spearheaded by Lord Bilimoria, the first ethnic minority president of employers’ organisation the CBI in its 55-year history. It comes as the British-Indian peer, who was … Read more
London markets open flat on 5,823 points as Rishi Sunak’s jobs rescue package fails to excite investors FTSE 100 opened flat in London this morning and was trading at 5,823 Shares in Asia advanced overnight cheered by a modest rally on Wall Street Rishi Sunak says virus’s resurgence poses a threat to ‘fragile’ economic recovery … Read more