Krisztian Bocsi | Bloomberg | Getty Images LONDON — European markets headed for a higher open on Friday as investors weighed the outlook for the economy and looked to fresh data. The U.K.’s FTSE 100 was last on track to add around 4 points to 8,287, Germany’s DAX was set to rise by 47 points … Read more
LONDON, UNITED KINGDOM – 2020/07/16: Storefront of the Burberry store in the prestigious New Bond Street. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — British luxury fashion house Burberry Group dropped out of the U.K.’s FTSE 100 stock market index on Wednesday, as waning sales and … Read more
Commercial office buildings in the City of London, UK, on Monday, Aug. 5, 2024. Betty Laura Zapata | Bloomberg | Getty Images LONDON — European markets were higher on Friday as they looked to shake off recent choppiness and follow Wall Street and Asia-Pacific stocks higher. The pan-European Stoxx 600 was 0.09% higher at 2:48 … Read more
The U.K.’s center-left Labour Party has won a substantial parliamentary majority in the country’s general election, unseating the incumbent Conservatives after 14 years. Analysts from investment banks have named stocks and indexes that are likely to benefit as the transfer of power happens in the U.K. FTSE 100 versus FTSE 250 Citi’s European equity strategist … Read more
Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — Goldman Sachs on Friday upgraded its growth forecast for the U.K. after the Labour Party’s victory in the country’s general election. The investment bank said in a note released early Friday morning that it expected Labour’s … Read more
Shoppers and local residents on Church Street on June 02, 2024 in Godalming, United Kingdom. Jack Taylor | Getty Images News | Getty Images LONDON — European stocks are heading for a cautiously higher open Friday as investors monitor a slew of central bank decisions and data releases. The pan-European Stoxx 600 index is on … Read more
Jack Kellogg was only 19 and working as a car valet when he first heard about stock trading from a friend and decided to invest money in the market to make a profit. Watching his parents struggle financially instilled in him the goal of becoming economically secure beyond just earning a paycheck. Kellogg’s desire to … Read more
Labour leader Tony Blair arriving in Downing Street after his election victory with crowds waving flags in the background, 2nd May 1997. Jeff Overs | BBC News & Current Affairs | Getty Images LONDON — The U.K. is less than six weeks away from a General Election in which polls suggest the center-left Labour Party … Read more
U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking “very cheap.” The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher. In comparison, the U.S.’ S&P 500 … Read more
London’s FTSE 100 stocks index hit record highs on Tuesday, catching up with major global peers that have struck all-time peaks this year as inflation cools. Sentiment was upbeat across major world indices thanks to easing Middle East worries and hopes of interest-rate cuts, while traders are keenly awaiting the release this week of more … Read more
