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Markets rebound to start the week on the front foot

European markets started the week on the front foot, with US inflation figures to be in focus this week, ahead of the Federal Reserve's rate call next Wednesday.The FTSE 100 index rose 89.37 points, or 1.1%, at 8,270.84. The FTSE...

09 September 2024
Blue chips in the green at midday

London's FTSE 100 was higher at midday, although Burberry suffered, ahead of US inflation figures and the latest round of central bank interest rate calls.The FTSE 100 index traded up 49.96 points, or 0.6%, at 8,231.43. The FTSE 250...

09 September 2024
Entain jumps 9% to top FTSE after strong trading update

Strong Q2 trading continued into second halfUK digital returns to growth earlier than expectedNew CEO Gavin Isaacs stated on 2 September 2024Gambling and sports betting group Entain (ENT) jumped 9% to top the FTSE on Monday after...

09 September 2024
FTSE 100 heads lower on US jobs data, AstraZeneca facing China probe

Stocks in London drifted lower by the close on Thursday, as more weak US jobs data tested nerves ahead of Friday's nonfarm payrolls data.The FTSE 100 index closed down 27.89 points, 0.3%, at 8,241.71. The FTSE 250 ended down 46.11...

05 September 2024
UK markets soft despite construction rebound as investors stay cautious

Stock prices in London were lower at midday ahead of US jobs data, but alongside news that the UK construction sector is recovering from a 'difficult start' to the year.The FTSE 100 index was down 16.37 points, or 0.2%, at 8,253.23....

05 September 2024
ASOS rallies 15% on refinancing relief and Topshop stake sale

Sales remain weakTopshop and Topman brands sold to Bestseller£150 million reduction in debtOnline fast-fashion retailer ASOS (ASC) has sold a majority stake in the iconic Topshop and Topman brands for £135 million to Heartland, an...

05 September 2024
Why investors have dumped Dollar General stock

Discount retailer Dollar General (DG:NYSE) was supposed to thrive during a period of higher interest rates, the rationale being its ultra-low price points would attract a broader cohort of customers during a cost-of-living crisis....

05 September 2024
Gym Group raises outlook ahead of first-half results

Low-cost gym operator Gym Group (GYM) looks to be in good shape ahead of its first-half results, due to be released 11 September.In a pre-close statement on 10 July the company raised its full-year profit expectations to the top end...

05 September 2024
Burberry exits FTSE 100 after 15 years but EasyJet looks to have dodged relegation

Luxury goods brand Burberry (BRBY) has ended its 15-year sojourn in the FTSE 100.The relegation comes after dramatic share price falls for the company in 2024. EasyJet (EZJ), which had been on course to suffer the same fate, looks...

05 September 2024
Five sneaky ways you could be hit with tax on your savings

Cash interest rates have risen, more people are being pushed into the next tax bracket and millions of people are expected to pay tax on their savings income this year. While lots of people are using ISAs to protect their money from...

05 September 2024

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