Will the market turbulence of last week continue? Judging by market data this morning, it's a yes. The original cause for concern in the first full week of January was government borrowing costs, as measured by the effective interest rate on that borrowing, the gilt yield, which reached highs not seen in decades. Both the … Continue reading Market misery as UK govt borrowing jumps again, pound falls and oil price spikes
Some major companies that impact many people's lives in one way or another are today talking about how well they've been doing. The country's biggest housebuilder, Barratt Redrow, said cheaper and more widely available mortgages meant it was beginning to see more stable market conditions but "demand continues to be sensitive to the wider economy". … Continue reading UK market round-up: House builders and Heathrow report good news
The FTSE-100 has hit a second all-time closing high in as many days. The index of the UK's biggest 100 listed companies, having earlier hit a new intra-day high of 8,075.52 at just after 8.24am, finished the session up 20.94 points, around 0.26%, at 8044.81. It's worth noting, though, the Footsie has been a relative … Continue reading FTSE highs: Everything you should know
You must be logged in to post a comment.