London markets open down ahead of multi-billion pound ‘winter plan’

London markets reverse early losses to trade only 0.3% or 17 points down at 5,882 after Rishi Sunak reveals ‘winter plan’ to protect jobs FTSE 100 index of UK’s biggest companies falls 0.2% or 14 points to 5,885 today But it turned around early losses which saw it trading down 1.3% this morning   Rishi Sunak … Read more

FTSE opens up 1.19% by 57 points on 5,898

FTSE opens up 1.19% by 57 points on 5,898 – after business leaders blasted Boris Johnson for ushering office staff back to WFH due to Covid threat Britain’s blue-chip index stood at 5898.98 at the start of today’s session Came as Boris Johnson’s new coronavirus restrictions proved as expected Follows Monday’s £51bn plunge when traders … Read more

FTSE 100 claws back some losses after yesterday’s £51bn plunge

FTSE 100 claws back some losses after yesterday’s £51bn plunge with markets opening 0.3% up by 38 points to 5,820 after 10pm curfew was announced for pubs and restaurants Index was 0.3% in the green at opening today following yesterday’s huge fall  Pub chains and airlines hammered as ministers warned of new lockdown rules Meanwhile, … Read more

FTSE plunges three per cent or 194 points down to 5,813 amid new Covid lockdown fears

FTSE plunges three per cent or 194 points down to 5,813 after travel firms are hit by new Covid lockdown fears and banks are exposed in money laundering investigation London’s blue-chip stock exchange slumped 3 per cent to a two-week low  Markets have been spooked by reports PM is mulling a second lockdown  Another round … Read more

MARKET REPORT: ‘Rule of six’ policy spells more gloom for the FTSE 250

There was more gloom for the FTSE 250 as the Government’s ‘rule of six’ policy sent investors fleeing from pub, leisure and travel stocks. The mid-cap index fell for a second day as traders digested the news that crowds of more than six people meeting will be banned in England from Monday, to slow the … Read more

TOM UTLEY: I fear it’s my fault Apple’s outstripped the whole FTSE 100

Frankly, I blame Barbara for initiating me into the cult of Apple and sparking an addiction I’ve been unable to shake off since. It was six years ago this autumn when the PA, whose services I shared with a handful of colleagues, took one look at the antiquated mobile phone I’d been allocated by my … Read more

BUSINESS LIVE: FTSE 100 on the rise; Melrose warns of GKN job cuts

BUSINESS LIVE: FTSE 100 on the rise; Melrose warns of GKN job cuts; SSE fined £2m; Jet2 to add more flights Melrose says GKN Aerospace on track for ‘better performance’ in 2021  FTSE 100-listed firm Melrose said it plans to cut a ‘significant’ number of jobs  By Jane Denton For Thisismoney Published: 08:27 BST, 3 … Read more

Apple is now worth more than Britain’s FTSE 100

The BIGGER Apple! US tech firm is now worth more than the combined market value of Britain’s FTSE 100 businesses after rising above $2trillion milestone Apple’s share price has surged during coronavirus crisis amid economic freefall  California tech giant has seen its price rise by more than 75% since start of 2020 Apple is now … Read more

MARKET REPORT: ITV loses the plot as it drops out of FTSE 100 

MARKET REPORT: ITV loses the plot as it drops out of FTSE 100 after advertising slump sends share price into free fall By Francesca Washtell For The Daily Mail Published: 22:15 BST, 1 September 2020 | Updated: 22:18 BST, 1 September 2020 ITV will lose its place in London’s most prestigious stock market index after … Read more

BUSINESS LIVE: ITV set to drop out of the FTSE 100; Dunelm sales jump; STV slumps to a loss

BUSINESS LIVE: ITV set to drop out of the FTSE 100; Dunelm sales jump; STV slumps to a loss By This Is Money Published: 08:10 BST, 1 September 2020 | Updated: 08:10 BST, 1 September 2020 Broadcaster ITV  is set to be relegated from the FTSE 100 in today’s reshuffle after its shares suffered from … Read more