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London open: Stocks edge up as inflation jumps past BoE target London stocks edged higher in early trade on Wednesday as higher-than-expected UK inflation fuelled expectations the Bank of England will refrain from cutting rates next month. At 0840 GMT, the FTSE 100 was up 0.2% at 8,114.03. Data from the Office for National Statistics showed that […]

London open: Imperial Brands leads gains after results London stocks rose in early trade on Tuesday, with Imperial Brands leading the gains after well-received results. At 0845 GMT, the FTSE 100 was 0.3% higher at 8,133.50. Matt Britzman, senior equity analyst at Hargreaves Lansdown, said: “UK markets have a spring in their step with the FTSE 100 up […]

London open: Stocks edge up as investors mull Rightmove data London stocks edged up in early trade on Monday as investors mulled the latest house price research from Rightmove and looked ahead to earnings from US tech giant Nvidia this week. At 0900 GMT, the FTSE 100 was up 0.2% at 8,079.56. Richard Hunter, head of markets at Interactive Investor, […]

London open: Stocks fall as UK growth slows London stocks fell in early trade on Friday as data showed that economic growth in the UK unexpectedly slowed in the third quarter. At 0820 GMT, the FTSE 100 was down 0.4% at 8,038.45. Figures released earlier by the Office for National Statistics showed the economy grew by 0.1% […]

London open: Stocks flat ahead of US PPI; Burberry surges London stocks were steady in early trade on Thursday as investors sifted through a raft of corporate news and looked ahead to another US inflation reading. At 0905 GMT, the FTSE 100 was flat at 8,029.02. On the macro front, the US producer price index […]

The BRICS nations, at their recent summit in Kazan, unveiled plans for a new multicurrency payment system designed to reduce reliance on the US dollar and integrate digital assets with traditional financial networks. Russian Finance Minister Anton Siluanov provided insights into the system’s functionality. He explained that the new system will bypass traditional banking intermediaries...

London open: FTSE nudges up ahead of US inflation reading London stocks nudged higher in early trade on Wednesday, steadying after heavy losses in the previous session, but with gains muted ahead of the latest US inflation reading. At 0830 GMT, the FTSE 100 was up just 0.1% at 8,032.97. Susannah Streeter, head of money […]

London open: Stocks fall as investors mull jobs data; Convatec surges London stocks fell in early trade on Tuesday as data revealed an uptick in unemployment and a cooling in wage growth, and as investors sifted through a raft of corporate releases. At 0840 GMT, the FTSE 100 was down 0.6% at 8,078.40. Figures released […]

London open: Stocks rally as investors eye jobs data; Croda, Burberry gain London stocks rose in early trade on Monday as investors eyed the release of key jobs data later in the week. At 0830 GMT, the FTSE 100 was up 0.7% at 8,129.91. Kathleen Brooks, research director at XTB, said: “In the UK, labor market […]

London open: Stocks dip; Vistry tumbles on profit warning London stocks dipped in early trade on Friday at the end of an eventful week, as investors mulled rate cuts by the Bank of England and the Federal Reserve. At 0840 GMT, the FTSE 100 was down 0.1% at 8,134.88. On Thursday, both the BoE and […]