U.K. stocks rose Thursday, as the FTSE 100 Index FTSE 100 Index closed up 0.19% at 7,483.58. Among FTSE 100 constituents, technical services company Intertek Group PLC Intertek…
Read more U.K. stocks break three-day losing streakThe Bank of England decision promised to be a cliff hanger, and it was, even for the nine people deciding what to do. Breaking a string of 14…
Read more At a peak? Bank of England makes 5-to-4 vote to pause interest ratesInflation in the U.K. surprisingly eased in August against expectations it would accelerate, a welcome showing for central bankers just a day ahead of an interest-rate decision. The…
Read more U.K. inflation surprisingly slips, making Bank of England decision a close callThe U.S. dollar is proving its haters wrong. Not only is the buck defying the expectations of Wall Street strategists who had anticipated that it would weaken this…
Read more U.S. dollar defies China, Russia and Wall Street skeptics as 2023 rebound continuesThe pound GBPUSD, -0.56% fell below $1.27 on Wednesday after worse-than-expected PMI data. The S&P Global/CIPS flash U.K. composite PMI fell to a 31-month low of 47.9 in…
Read more Pound slumps after flash U.K. PMI falls to 31-month lowEuropean stocks finished higher Friday, with the Stoxx Europe 600 index STOXX Europe 600 Index rising 0.34% to 469.00. The German DAX DAX increased 0.54% to 15,881.66, the…
Read more European stocks break two-day declining streakThe Bank of England on Thursday matched the U.S. Federal Reserve by hiking interest rates by a quarter percentage point. The 7-2 decision, the eleventh consecutive increase, brings…
Read more Bank of England hikes interest rates by quarter-point in 11th consecutive increaseU.K. consumer prices jumped 10.4% in February, from a 10.1% rise in January, the National Statistics Office reported Wednesday. The increase was higher than the 9.8% expected by…
Read more U.K. Feb. CPI climbs a higher-than-expected 10.4% from 10.1%, pound jumpsThe Bank of England on Thursday slowed the pace of interest-rate hikes down to a half point, as the U.K. central bank balances a need to fight inflation…
Read more Bank of England slows rate hike pace to a half pointThe Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote,…
Read more Bank of England matches Fed with 75 basis point hike in biggest move in three decadesRishi Sunak will become the next U.K. prime minister after his last competitor, Penny Mordaunt, withdrew, just minutes before a deadline to get support from 100 lawmakers. Sunak,…
Read more Sunak to be next U.K. prime minister as Mordaunt withdrawsU.S. stock futures gave up strong early-session gains overnight after Wall Street notched its best week since June. After initially surging about 300 points, or 1% on Sunday…
Read more U.S. stock futures give up early gains after Wall Street’s best week since JuneLONDON — Former British Prime Minister Boris Johnson announced Sunday he will not run to lead the Conservative Party, ending a short-lived, high-profile attempt to return to the prime minister’s…
Read more Rishi Sunak the favorite as Boris Johnson drops out of the running for Britain’s prime ministerU.K. bond yields tumbled on Monday ahead of a planned statement from new Chancellor of the Exchequer Jeremy Hunt laying out budget plans ahead of the Oct. 31…
Read more Bond yields tumble ahead of new chancellor’s budget statementU.K. bond yields continued to drop on Friday, on expectations the U.K. government will further backtrack on its tax cut plans and that U.K. Prime Minister Liz Truss…
Read more U.K. bond yields continue to drop as Kwarteng set to be fired with further tax-cut reversals expectedU.S. stocks dropped sharply Friday, with major indexes posting their lowest finishes since 2020 and logging a third straight quarterly decline as investors grew more fearful that aggressive…
Read more Dow falls 500 points Friday as stocks book third straight quarterly loss, set new 2022 lows
