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Blue chips boosted by miners and defence stocks as BoE chief warns on weak growth

Stocks in Europe were mixed on Tuesday afternoon, with London's blue chip index boosted by miners and defence as talks between the US and Russia continue, though the pound surrendered some earlier progress as the Bank of England governor warned on tepid economic growth.The FTSE 100 index rose 14.82 points, 0.2%, at 8,782.83. The FTSE 250 fell 34.80 points, 0.2%, at 20,903.88, and the AIM All-Share

Wood Group shares plummet after weaker-than-expected trading in fourth quarter

Shares down 70% over the past yearExpects negative free cash flow in 2025Deloitte review into firm continuesShares in John Wood Group (WG.) plummeted 30% in early morning trading as the Scottish-based oil and gas engineering and services firm reported weaker-than-expected trading in the fourth quarter.John Wood said it has taken actions to mitigate fourth quarter weakness by cancelling executive a

FTSE 100 closes down with British American Tobacco and Barclays leading the fallers

London stocks were mixed on Thursday, but European equities closed in the green on news of progress towards a possible peace deal in Ukraine.The FTSE 100 index closed down 42.72 points, 0.5%, at 8,764.72. The FTSE 250 ended up 35.64 points, 0.2%, at 20,916.14, and the AIM All-Share closed down 0.19 of a point at 723.20.The Cboe UK 100 ended down 0.5% at 877.79, the Cboe UK 250 closed up 0.3% at 18

Short sellers are targeting UK stocks at risk from Rachel Reeves’ Budget decisions

Professional short sellers are currently circling a small group of UK consuming-facing stocks with the goal of profiting from falls in their share prices, potentially caused by Rachel Reeves' Budget decisions.The UK outlook is getting worse by the day, with business and consumer sentiment weakening amid concerns the new government doesn't have an effective plan to accelerate economic growth.The ou

FTSE 100 jumps at midday but sterling slips after Bank of England cuts rates to 4.5%

London's FTSE 100 powered higher on Thursday afternoon, setting a new record high, after the Bank of England announced an interest rate cut.The BoE announced a 25 basis point reduction to bank rate to 4.50% from 4.75%. The move was expected.The FTSE 100 index added 129.37 points, 1.5%, at 8,752.66. The index set a record high shortly after the decision. The FTSE 250 surged 354.87 points, 1.2%, at
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