Pound gains ground as May looks for fresh Brexit deal
The pound gained ground on Monday as traders pinned their hopes on a fresh Brexit deal being presented to Parliament this week.
FTSE
FTSE 100 boosted by oil price rise after ‘dreadful’ week
Top-flight stocks in London were boosted by rising oil prices in Friday trading, but observers said a recovery could not make up for the "dreadful" week on the markets.
FTSE 100 pulls back from all-time high as profit-taking hits European stocks
The FTSE 100 fell back from all-time highs as investors cashed in on a strong week for European stocks.
Sterling falls to 13-week low following Brexit comments from May and Merkel
Sterling fell to a 13-week low against the US dollar on Tuesday as Brexit comments from Prime Minister Theresa May and German Chancellor Angela Merkel continued to weigh on currency markets.
FTSE 100 soars to new record high after May’s ‘hard Brexit’ hint
London’s top-flight index pushed to an all-time high after sterling collapsed following hints from Prime Minister Theresa May that Britain may opt for a so-called “hard Brexit”.
New Year to be just as rocky after markets ride out bumpy 2016
Stock markets worldwide rode out a tumultuous 2016 after a barrage of political shocks and experts are warning the year ahead will be every bit as volatile and unpredictable.
Rising oil prices on FTSE help commodity firms
London’s FTSE 100 Index surged close to a new all-time high as the traditional Santa rally gave blue chips a boost.
Concerns over oil supply meeting drag FTSE 100 index down
London’s top-flight index remained in the red as investor jitters over the Italian referendum and Wednesday’s crunch meeting on global oil supply continued to dog the market.
FTSE energy stocks boosted by OPEC deal hopes
Energy stocks shot to the top of the FTSE 100 as oil prices jumped on hopes that Opec was one step closer to reaching a supply cut deal that would buoy floundering prices.
FTSE 100 plummets 2% on Trump victory before rallying
The UK’s blue-chip index plunged on opening as Donald Trump’s victory in the US presidential election spooked markets, before paring back losses.
Oil price drops on global supply glut concern
London’s top flight index swung into the red after investors soured to Lloyds Banking Group’s plans to hive off another £1 billion for the mis-selling of payment protection insurance (PPI).
FTSE 100 nears record high as ‘hard brexit’ fears hit pound
The pound took a further hit after leaked documents warned a “hard Brexit“ could cost the UK more than £66 billion a year, but London’s FTSE 100 Index hovered near record highs.
FTSE 100 Index soars but pound falls after PM sets date for kick-starting Brexit
London’s premier index soared to a 16-month high and the pound came under pressure as Prime Minister Theresa May vowed to kick-start the Brexit process by the end of March next year.
FTSE 100 index tops 6,900 mark after OPEC deal
Oil majors led the charge as the London market burst back through the 6,900 mark following investor cheer over an output-limiting deal struck by the Opec oil cartel.
Global markets plunge as Brexit affect bites back
Global stock markets sunk into the red as last week’s post-Brexit relief rally unravelled while the pound also sunk to fresh 31-year lows against the dollar.
Sterling plunges to new 31-year low on Brexit fears
Sterling plunged to a fresh 31-year low as the Bank of England said it would boost lending by up to £150 billion to help ease the economic pressure caused by the Brexit vote.
Brexit: Stock market pulls back as BoE acts to calm markets
London’s top flight index pulled back from its 7% plunge after the Bank of England pledged to intervene to help shore up the markets.
Oil and FTSE rise as votes go to polls in EU referendum
The London market broke through the 6,300 barrier as voters headed to the polls to cast their ballots in Britain’s referendum on the European Union.
FTSE flat as investors wait to see result of EU vote
London’s premier index was flat as investors paused for breath ahead of Thursday’s vote on Britain’s membership of the European Union.
Oil gains and pound bounces back as Brexit concerns ease
Sterling and the London market swung back into positive territory on Friday morning amid easing concerns over a British exit from the European Union.
Shell surges amid flat FTSE 100 performance
Royal Dutch Shell was in the ascendency after investors cheered on plans to trim investment and cut costs in the face of lower oil prices.
Higher oil prices help FTSE into positive territory
London’s FTSE 100 Index edged back into positive territory amid higher oil prices as investors focused on a crunch meeting between members of the Opec cartel.
FTSE 100 index rises slightly as oil price drop hits commodity stocks
London’s top flight index struggled for direction as commodity stocks came under pressure after the strong dollar sparked a drop in the price of oil.
Oil and mining stock hikes give FTSE a boost
The London stock market rose strongly, driven by mining and oil stocks which clawed back much of yesterday’s heavy losses.
Stock market ends tough week on high note
The London market ended a bruising week edging higher despite warnings over global economic uncertainty from Holiday Inn owner InterContinental Hotels Group (IHG) and disappointing US jobs data.