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Why Ashtead shares are down 6% despite record results

- Shares down 6% amid concern about US economy- Record results reported - Business 'has clear momentum'Concerns about the US economy and higher net debt overshadowed the latest record set of results from equipment hire business...

14 June 2022
FTSE 100 rises 0.3% despite latest Wall Street rout as focus turns to central banks

European share prices were mixed to higher early Tuesday, mostly holding their ground despite another rout on Wall Street overnight, as investors prepare for US interest rates to rise by three-quarters of a percentage point in one...

14 June 2022
FTSE 100 falls 1.5% as investors fear elevated recession risks

Stocks in London plunged on Monday, with hotter-than-expected US inflation and renewed lockdown measures in China lifting fears over the fate of two of the world's biggest economies.The FTSE 100 index closed down 111.71 points, or...

13 June 2022
FTSE falls on toxic combination of contracting GDP and rising US inflation

A weak reading on the UK economy early Monday, following a hotter-than-expected inflation figure for the US on Friday, was seeming to confirm market fears of 'stagflation', sending share prices tumbling and lifting the dollar...

13 June 2022
Stocks dive as US inflation hits 40-year high

Stocks in London closed firmly in the red on Friday following the highest US inflation reading since 1981, fuelling fresh fears over central bank tightening and consumer confidence.The FTSE 100 index closed down 158.69 points, or...

10 June 2022
Wall Street Week: 40-year high US inflation puts the squeeze on stock markets, Spotify talks up $100 billion revenue projection

To say US investor sentiment soured over the past week would be something of an understatement. If the OECD's global growth forecast cut wasn't enough spiking May inflation tipped the balance and Wall Street stocks ended the week...

10 June 2022
Mitie shares surge on strong results as acquisitions boost growth prospects

- Earnings helped by Covid-related contracts- Underlying business performing ahead of expectations- Solid balance sheet means acquisitions are back on the agendaShares in outsourcing firm Mitie (MTO) jumped as much as 12% to 69p in...

09 June 2022
What the latest FTSE reshuffle means for the UK's leading shares

British Gas owner Centrica (CNA) and student property company Unite (UTG) look set to be promoted into the FTSE 100 index following the latest quarterly reshuffle of the blue-chip index. The changes become effective on 20 June...

09 June 2022
Three ways to boost your retirement savings

Increasing life expectancy means we are living for longer than ever before. According to Office for National Statistics data, people aged 65 in 2020 on average can expect to live for another 20 years or more, and for those in very...

09 June 2022
Oil stocks help stem FTSE 100 losses as growth forecasts cut

Stocks in London closed down on Wednesday as gloomy economic growth forecasts from the OECD lowered the mood, however the FTSE 100 was saved from steeper losses thanks to oil giants BP and Shell as well as positive updates from...

08 June 2022

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