FTSE opens down 0.5% by 35 points on 6,154 as cautious investors await Rishi Sunak’s mini-budget

The FTSE 100 has creeped up slightly following Rishi Sunak’s post-coronavirus budget but still remains down 0.19 per cent. London’s blue-chip stock market reacted meekly to the Chancellor’s spending bonanza aimed at creating jobs for young people after lockdown. The index was down 11.50 points to 6,178.40 immediately after the minister finished in the House … Read more

Only 14 FTSE 100 firms have raised dividends for each of the last 10 years

Just 14 FTSE 100 firms have managed raised their annual dividend payments for each of the last 10 years Ashtead Group has had the highest total shareholder return in the last decade  Oil giant Royal Dutch Shell cut its dividend for the first time since 1945 this year ABF, Prudential and BAE Systems have all … Read more

FTSE 250 oil services firm Hunting to cut 25% of its global workforce

FTSE 250 oil services firm Hunting to cut 25% of its global workforce after pandemic slashes demand for oil By Daily Mail City & Finance Reporter Published: 21:51 BST, 29 June 2020 | Updated: 21:51 BST, 29 June 2020 FTSE 250-listed oil services firm Hunting will cut more than 700 jobs by the end of … Read more

MARKET REPORT: Trade jitters and corona fears wipe £50bn off FTSE 

Almost £50billion was wiped off the FTSE 100 after a toxic cocktail of coronavirus fears and rising trade tensions triggered a sell-off. Bourses around the world slipped into the red as the World Health Organisation forecast worldwide cases could hit 10m within the next week. In Europe, France’s Cac 40 and Germany’s Dax fell by … Read more

Ugly FTSE 100 forecast of 16% fall in dividends this year

Income investors face a 16 per cent drop in dividends from Britain’s top companies this year as they attempt to weather the Covid-19 crisis, a new forecast shows. Nearly half of FTSE 100 firms have now cut or suspended shareholder rewards as the coronovirus pandemic takes a dramatic toll on business activity. The other half … Read more

MAGGIE PAGANO: Slavery’s shameful legacy haunts the FTSE 100

When the British government abolished slavery in 1833, around 47,000 individuals involved in the slave trade were compensated for the ‘property’ they had lost overseas. The property in question referred to the men, women and children whom they owned as slaves, as well as the plantations. To compensate for their loss of slaves, the UK … Read more

Investors endure a £60m blow as 48 FTSE firms slash their dividends

Investors endure a £60m blow as almost half of FTSE firms slash their dividend payouts By Francesca Washtell For The Daily Mail Published: 21:50 BST, 11 June 2020 | Updated: 21:50 BST, 11 June 2020 Forty-eight FTSE 100 firms have slashed dividends – in a huge blow to investors and savers. Chemicals giant Johnson Matthey … Read more

Four big firms expected to enter the blue-chip FTSE 100 index

The new-look FTSE 100: Avast, GVC, Kingfisher and Homeserve promoted to the blue-chip index as Covid crisis reshuffles the stock market Each quarter firms drop into and out of the FTSE 100 index as they change size  EasyJet, Carnival, Meggitt and Centrica exit the index as they shrink Avast, GVC, Kingfisher and Homeserve step up … Read more

Centrica, Easyjet and ITV face FTSE 100 relegation

Centrica, Easyjet and ITV face relegation from FTSE 100 after coronavirus pandemic sends their shares plunging By Hugo Duncan And Matt Oliver For The Daily Mail Published: 22:20 BST, 31 May 2020 | Updated: 22:20 BST, 31 May 2020 Some of Britain’s biggest business names face relegation from the FTSE 100 after the Covid-19 pandemic … Read more