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The latest survey by S&P Global suggests that the economy is already in recession with the downturn expected to worsen into next year.
In stock markets abroad, London’s FTSE 100 fell 1.1% after the Bank of England paused its cuts to rates and kept its main interest rate unchanged on Thursday. The move comes as inflation there ...
The FTSE 100 closed at 6,984.59, a fall of 36 points, and the pound was a little higher than where it started. FTSE closes below 7,000 for first time in six months after late drop Skip to main content
The FTSE 100 Index with its 100 constituents [9] was launched on 3 January 1984. [9] [8] The market capitalisation weighted FTSE 100 index replaced the price-weighted FT30 Index as the performance benchmark for most investors. [10] The FTSE 100 broadly consists of the largest 100 qualifying UK companies by full market value. [11]
The UK’s production output is estimated to have fallen by 0.6% in October following a fall of 0.5% in September. This was caused by a 0.6% decrease in manufacturing and a fall of 3.1% in mining ...
The BoE hiked the key rate to 1.25% to keep a lid on runaway inflation, a day after the Federal Reserve announced its largest interest rate rise since 1994.
(Reuters) -Britain's main stock indexes hit session highs before paring gains on Friday after Prime Minister Liz Truss signalled a U-turn in part of the new government's large unfunded tax cut ...
Discounts are unlikely to save struggling retailers as consumers cut back spending by around £1.5bn in the last quarter of this year, according to new data.