Sterling takes fright from Conservatives’ shrinking election lead
Sterling has suffered its biggest fall since April after a poll suggested the Conservative party’s lead in the UK general election had diminished.
FTSE 100
-
-
FTSE 100 surges after Shell and HSBC report
The FTSE 100 smashed the 7,270 mark on Thursday morning after Shell reported earnings growth and HSBC’s profits beat analyst expectations.
-
BT slapped with £42m fine; FTSE 100 falters while sterling bucks up
The week kicks off with BT in hot water, a Trump-fuelled fall in the FTSE 100 and a redemption moment for sterling.
-
Aberdeen and Standard Life shares skyrocket on merger deal
News of Standard Life’s agreement to purchase Aberdeen Asset Management has seen shares in both companies take off, with the former climbing to its highest value in over a year.
-
RBS still in ‘purgatory’ as FTSE 100 falters
The FTSE 100 fell 0.7% to 7,221 as RBS rounded off a busy week of UK bank results with a staggering £7bn loss, while Standard Life failed to wow with weaker gross inflows.
-
Barclays shares slip back despite reporting profit spike
Shares in Barclays were a fraction of a percent down at 234p by midday on Thursday despite the bank reporting full year profits close to three times the amount recorded the previous year.
-
PA ANALYSIS: Buckle up for bank results week
This week a raft of results releases from the major United Kingdom banks and some other financials should provide valuable insight into the health of the financial sector, and perhaps the UK economy in general.
-
Unilever’s shares spike 14% after rejecting Kraft Heinz approach
Shares in Unilever reached an all-time high Friday afternoon of 3,838.5p after it declined a $143bn (£112bn) takeover bid from the Kraft Heinz Company.
-
AXA’s Thomas: Market stability? It’s ‘wishful thinking’
AXA IM’s Nigel Thomas believes market stability in 2017 is “wishful thinking” with equities to continue to behave unexpectedly as geopolitics remain in a state of flux.
-
AstraZeneca continues to flounder – Edentree IM
AstraZeneca’s shareholders will have seen little in this morning’s Q4 results statement to cheer them, according to EdenTree Investment Management fund manager Ketan Patel.
-
PA ANALYSIS: Next’s not-so-cautionary tale for UK equities investors
Is Next’s share price plummet a signal to run for the hills, or typical of the buying opportunities that the Brexit bears may create?
-
Lloyds shares climb on credit card deal
Shares in Lloyds Banking Group climbed 3% on Tuesday to 64.5p as markets received news it has struck a deal to acquire credit card business MBNA.
