Shares surge as investors bet on Biden but did markets jump the gun? 

Shares surge around the world as investors bet on Biden… but did markets jump the gun? By Hugo Duncan for the Daily Mail Published: 23:15 GMT, 3 November 2020 | Updated: 23:15 GMT, 3 November 2020 Shares around the world rallied yesterday as American voters headed to the polls in one of the most divisive … Read more

FTSE 100 opens trading at six-month low after markets lost £37BILLION

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

The US election result isn’t what matters most to markets

US politics, as is often the case, is driving markets at the moment as President Donald Trump and former Vice President Joe Biden go head to head for the White House. The outcome this particular race is less important economically than another stateside political wrangle though. A fiscal stimulus package somewhere in the order of … Read more

Wealth manager Quilter sees assets rise by £2bn thanks to markets recovering

Wealth manager Quilter sees assets rise by £2bn thanks to markets recovering but new client money was largely absent Quilter’s assets reached £109.5bn in three months to end of September  Major migration of assets from existing platform to our new platform underway By Jane Denton For Thisismoney Published: 11:16 BST, 21 October 2020 | Updated: … Read more

MARKET REPORT: Second wave fears fuel global markets sell-off

Global markets tumbled as concerns grew about a second wave of the coronavirus and cities including London were hit by fresh restrictions. The FTSE 100 index of blue-chip companies fell 1.73 per cent, or 102.54 points, to 5832.52 as investors fretted about the damage the pandemic is doing to the economy. Millions in London, Essex … Read more

Foreign traders BANNED from Manchester Christmas Markets under Covid measures

Does that include Santa? Foreign traders will be BANNED from Manchester Christmas Markets under raft of Covid measures for locked-down city, reveal city health chiefs Locked-down Manchester’s world-famous Christmas Markets are ‘under review’  The city’s councillor Pat Karney said foreign market traders would be banned  Manchester is England’s Covid capital with infection rate higher than … Read more

London markets open flat on 5,823 points

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

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

Second coronavirus wave fear engulfs markets

As bosses warn new curbs will cripple economy, second coronavirus wave fear engulfs markets Business leaders pleaded with Prime Minister Boris Johnson for more support   Shares in housebuilders, pub groups and travel firms all fell sharply By Lucy White For The Daily Mail Published: 22:00 BST, 21 September 2020 | Updated: 22:07 BST, 21 September … Read more

Government’s controversial Internal Markets bill passes first Commons hurdle

The controversial Internal Markets bill has passed its first two House of Commons hurdles this evening as the Labour bid to get it thrown out failed – despite fears over it breaking international law and tearing up parts of the Brexit deal.  The ayes in favour of the Opposition’s amendment amounted to 213 votes, compared … Read more