FTSE Updates and News on London Stock Exchange

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LATEST FTSE NEWS AND LONDON STOCK EXCHANGE UPDATES

Scandal-hit property firm Home Reit kicks out charity tenant which rented the houses to homeless people but refused to pay rent in protest over their condition

30/05/24 13:39

29/05/24 01:55

Kemi Badenoch led the ridicule of Labour last night after the party published a letter from 121 business backers that did not include a single FTSE 100 boss.

28/05/24 17:34

The proposal was to excavate a 52-acre site - the size of 26 football pitches - that would sit just 160 ft away from some houses in Haddiscoe, Norfolk.

28/05/24 10:32

Rachel Reeves insisted the party had 'changed', arguing it was now the 'natural party of British business'.

13/05/24 11:47

Nicola Hinds was ignored by her boss and was so badly treated after she returned to work following the birth of her child she resigned and experienced 'suicidal ideation', the Cambridge hearing heard.

10/05/24 00:49

DAILY MAIL COMMENT: There were plenty of encouraging words from the Bank of England yesterday on the state of the British economy.

23/04/24 08:28

The index of Britain's leading publicly listed reached 8,071.12 points, surpassing a record 8,047.06 points struck in February last year.

23/04/24 00:49

After a painful spell on the ropes absorbing blows from Labour while simultaneously fending off bizarre mini scandals within his party, Rishi Sunak is finally throwing some punches.

05/04/24 23:03

In January, plans to build a major new nuclear power station were launched just weeks after Boris Johnson told Rishi Sunak to 'get on with it' .

05/04/24 18:34

Nicola Hinds (pictured), said she was left feeling 'completely worthless' by bosses at FTSE 250 giant Mitie who called her 'emotional and tearful' whilst she was expecting.

02/04/24 11:07

Nicola Hinds, 37, was 'inexcusably' ignored by her boss, portrayed as 'hormonal' and was so badly treated after she returned to work following the birth of her child she resigned.

19/01/24 11:16

Centrica boss Chris O'Shea, 50, who lives in a village near Reading, earned £790,000 in pay in 2022 plus an annual bonus of £1.4million and a £2.3million long-term share bonus.

17/01/24 07:35

The Office for National Statistics (ONS) said the rate of Consumer Prices Index (CPI) inflation rose to 4 per cent in December, up from 3.9 per cent in November.

04/01/24 01:20

By 1pm today - dubbed 'Fat Cat Thursday' - some executives will have taken just two-and-a-half working days into January to outstrip the yearly salary of many staff, said the High Pay Centre think-tank.

31/12/23 00:54

Our Fat Cat Files show that a typical chief executive of a FTSE 100 company is now paid £4 million, well over 100 times a full-time UK employee's average salary.

27/11/23 18:26

Three men in their late 20s and early 30s and a 20-year-old woman, were arrested after they smashed windows and threw paint over the Birmingham offices of FTSE-listed LondonMetric

07/11/23 12:07

Ryanair is set to make a record £1.8billion (€2.05bn) this year after hiking its air fare and charging passengers astronomical fees for luggage, speedy boarding and reserved seating.

09/10/23 02:44

On London's FTSE 100, oil groups BP and Shell were higher on the rising price of crude, up 2% and 1% respectively on Monday morning. Defence giant BAE Systems was the biggest gainer, ahead 5%.

07/10/23 01:23

Whitbread, the parent company of Premier Inn, has said men in their employment experiencing 'menopausal' symptoms are entitled to special considerations like flexible working

21/09/23 17:04

The High Street chain said six of the closures are happening because it expects the stores will not be able to reach their target margins.

14/09/23 08:41

Bernard Looney plunged the oil company into crisis by dramatically quitting his post after it emerged he had misled the board during a 2022 probe into allegations about his work relationships.

14/09/23 02:03

Bernard Looney resigned after saying he had not been 'fully transparent' during a probe in 2022 following allegations about his private life. BP's market valuation dropped after he resigned.

13/09/23 16:55

Mr Looney quit the oil giant after he admitted misleading the board over past relationships with colleagues. He has been paid £16.2million by BP including £13million in bonuses.

22/08/23 00:25

AstraZeneca's Pascal Soriot (pictured) was the best paid on the index with a salary of as much as £15.32million in 2022. The average salary for an FTSE 100 chief executive hit £3.91million in 2022.

05/08/23 22:36

BP's Bernard Looney (pictured) made around £10 million last year, which is a pay rise of 122 per cent compared to the previous year.

04/05/23 10:39

Julia Hoggett said compensation levels was a 'critical element' in making the country an attractive place for firms to base themselves.

17/04/23 22:42

The FTSE 100 hit its highest level for more than a month yesterday, briefly climbing above 7,900 for the first time since the start of March in early trading.

12/04/23 00:25

RUTH SUNDERLAND: Tony Danker's (pictured) departure as boss of the CBI after a sex and drugs scandal is not enough to stop the rot at what is meant to be Britain's top business organisation.

20/03/23 08:22

The FTSE 100 dropped more than 1 per cent after opening, to its lowest level since early November - but later clawed back the ground.

15/03/23 11:41

The FTSE 100 index tumbled by more than 2 per cent to below 7,500 over the morning, ahead of the Chancellor delivering his Budget.

13/03/23 21:03

The collapse of tech-focused Silicon Valley Bank sparked fears across Wall Street that the banking system was being crippled by a relentless cycle of interest rate rises.

13/03/23 16:27

The chances of the Bank of England inflicting further pain on mortgage-payers has been significantly downgraded after the collapse of Silicon Valley Bank in the US.

13/03/23 00:14

Top bosses say the Chancellor's planned increase in the corporation tax rate from 19 per cent to 25 per cent is the last thing they need amid surging inflation and interest rates.

27/02/23 15:42

Sterling leaped about 0.95% higher to 1.205 US dollars shortly after the 'Windsor Framework' was agreed between the Prime Minister and European Commission president Ursula von der Leyen.

24/02/23 00:00

Industrial giants Rolls-Royce and BAE Systems yesterday called on Jeremy Hunt to deliver 'the right tax policy' on business to boost the economy.

23/02/23 01:31

The FTSE 100 company, valued at £14 billion, said the UK was heading towards a 'cliff-edge deterioration in the tax environment for investment'.

09/02/23 00:01

The Confederation of British Industry said 'full expensing' - allowing firms to claim back the cost of investment against tax liabilities straight away - would help save the UK from a 'low-growth trap'.

03/02/23 16:54

The blue-chip index closed at 7,901 - topping the previous record finish of 7,877.45 from May 22, 2018.

23/01/23 13:55

Glenn Cowie was sacked from engineering firm Vesuvius and replaced with a younger woman in 2019. He won nearly £35,000 in compensation and will be awarded more at a later date.

02/01/23 01:42

The authoritarian regime in Beijing owns at least £45billion of assets in the UK through its sovereign wealth fund, the China Investment Corporation (CIC).

01/01/23 00:43

The widening gulf means the typical chief executive at a FTSE 100 company is paid more than 100 times the average worker's salary - with many pocketing far more.

18/12/22 22:00

The controversial LGBTQ+ group is guiding at least 19 of the biggest firms listed by the London Stock Exchange, such as B&Q owner Kingfisher, housebuilder Taylor Wimpey and Burberry.

27/10/22 16:42

The pound stood at 1.1594 against the Euro at 4.30pm - having rallied more than 0.5 per cent since trading opened on Thursday morning.

25/10/22 10:08

In his first speech as Prime Minister, Mr Sunak vowed to fix the 'mistakes' of Ms Truss's leadership as he braced the nation for 'difficult decisions' ahead.

24/10/22 15:32

The FTSE 100, which had down earlier today as a stronger pound weighed on multinationals, rose around one per cent in reaction to the news that Ms Mordaunt had failed in her bid to become PM.

20/10/22 13:56

Liz Truss's resignation as Prime Minister has seen the pound rally against the dollar and the FTSE 100 gain ground as her departure revitalised the markets.

17/10/22 08:57

Global markets have backed the new Chancellor's decision to axe many of the Prime Minister's tax cuts and spending plans as she fights for her political life.

05/10/22 13:21

Sterling had initially hit a three-week high against the dollar in early session trading, but soon slipped back amid ongoing fears over the Government's credibility.

22/09/22 19:36

Markets are showing little sign of proving recession fears wrong, as the FTSE 100 - which is made up of some of the country's biggest companies - ended the day down by 78.12 points, or 1.08 per cent.

19/09/22 11:50

Trading terminals in London are not opening today as a mark of respect to Queen Elizabeth II, whose state funeral is taking place.

04/09/22 01:34

Campaigners are angry that executives are raking in vast rewards while letting down customers who are piling up painful losses.

27/08/22 22:27

The bosses of Britain's biggest energy and utility companies pocketed an eye-watering £30million in pay between them last year as families nationwide face an unprecedented cost-of-living crisis.

07/07/22 10:25

The index, composed of the 100 largest companies listed on the London Stock Exchange, had gained 1.2 per cent by 8.30am - around thirty minutes before news emerged.

06/07/22 08:15

Britain's stock market recovered today despite investors bracing for months of political uncertainty and questions over Prime Minister Boris Johnson's survival.

10/03/22 22:24

Ministers labelled the Russian tycoon, who made his money in oil in the 1990s and is today worth £10.5billion, as an associate of Putin and froze his UK assets yesterday.

07/03/22 12:11

Miners and oil shares are the only names trading in positive territory, while travel and leisure stocks are taking the brunt of the market rout.

04/03/22 15:30

Trading on the Moscow stock exchange remained closed for a fourth day today at the rouble's losses continued against the dollar with the Russian currency now worth less than a cent.

01/03/22 13:37

Ministers accept Britain's sanctions regime will have some blowback for domestic consumers and companies, while experts are concerned about higher prices for commodities.

28/02/22 09:10

BP saw a huge chunk wiped off its value following the announcement about abandoning the 19.75 per cent holding in the wake of the invasion of Ukraine.

25/02/22 10:12

The FTSE 100 gained 1.1% just after opening, although it was still headed for a second straight weekly drop after geopolitical tensions triggered an equity sell-off.

24/02/22 08:23

The FTSE 100 saw its biggest one-day fall since June 2020 as investors reacted to the full-scale invasion of Ukraine, dropping 3.9 per cent to 7,207.01.

23/02/22 09:09

The FTSE in London was boosted today by strong earnings from Barclays which nearly tripled profits, and upbeat performances in mining stocks due to a rise in nickel and aluminium prices.

22/02/22 08:29

As Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine, the FTSE 100 benchmark index of Britain's leading companies dropped in London.

09/02/22 12:17

Glenn Cowie, 58, accused engineering firm Vesuvius of having an 'institutional and deep prejudice against older employees', a London employment tribunal heard.

18/11/21 23:48

The FTSE 100 consumer goods giant is selling off the unit that makes Lipton and PG Tips, which it has owned since the 1930s and 1980s respectively, to European buyout group CVC Capital Partners.

29/09/21 12:09

The London stock markets and the pound are being hit by the concerns which come amid the fuel and wider supply chain crisis threatening to slow economic recovery in Britain.

22/09/21 11:01

The indebted firm is heavily linked to China's broader economy and fears of contagion have kept global stock and bond markets on tenterhooks, similar to the Lehman Brothers collapse in 2008.

20/09/21 16:10

The blue-chip  index dropped 1.4% early before paring back some of the losses to reach 6,899 (-0.93%), helped by a 11% rise in British Airways owner IAG's share price.

25/08/21 11:11

Premier Foods, which also owns brands including Oxo and Bisto, said staff can work 'wherever they work best' from this month as part of a new hybrid model.

02/08/21 23:09

Business Secretary Kwasi Kwarteng is seeking guarantees from the American would-be buyer of Meggitt that it will keep the firm's operations in Britain under a proposed £6.3billion deal.

24/05/21 22:05

From care homes to high street shops, the steel industry and even vital defence firms, no corner of British business is safe from private equity raiders.

02/05/21 11:15

Investors based China or Hong Kong now own stakes in key infrastructure businesses such as Thames Water, Heathrow Airport and UK Power Networks, according to the Sunday Times.

08/04/21 09:28

The survey, which asked companies whether they have taken on more staff over the month compared to the one before, is one of the strongest signals yet that UK firms are confident of their prospects.

01/04/21 11:20

As the stock continued to sag on the second day of trading, the firm said it was disappointed but optimistic of a bright future on London's blue-chip index.

12/03/21 19:24

London mayor hopeful Shaun Bailey has vowed to work with the country's top companies to create apprenticeships that will help them uncover black executives if he wins the election.

04/03/21 15:13

London's leading index was down by 34 points to 6,641 by mid-afternoon after US stocks plummeted on Wall Street yesterday.

03/03/21 13:10

Hotel operator Whitbread, catering firm Compass Group and British Airways-owner IAG were among the top gainers on the index in London today, with banks having the biggest boost.

24/02/21 07:57

The final report from the Hampton-Alexander Review revealed that the number of women on FTSE boards in the UK has jumped to 1,026 - up from 682 in 2015.

22/02/21 16:17

The FTSE 100 index rose 14 points or 0.2 per cent to 6,616 in London in the half-hour after the announcement was made by the Prime Minister in the House of Commons.

05/01/21 08:41

The new lockdown measures in England are fuelling concerns the stuttering economic recovery could be jolted off course in the first quarter, but there is hope as vaccines are rolled out.

   

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