An astonishing £215bn sits in bank accounts earning zero interest after a bumper year of saving… and the markets estimate a 30% chance of a rate CUT in 2021 Markets pricing in 70% chance of no change in base rate / 30% chance of a cut Talks of negative rates partly placated by vaccine news … Read more
Brexit deal and Covid vaccines ‘to deliver £145billion boost to London stock markets’ Businesses have greeted Boris Johnson’s agreement with the EU with relief The deal was a ‘double dose of good news’ for the country along with vaccines Analysts had been predicting a crash in shares if a No Deal had happened By Mail … Read more
The London stock market crept up today as investors were buoyed by the UK and European Union being on the threshold of striking a post-Brexit trade deal. The FTSE 100 index rose by 0.48 per cent or 31 points to 6,527 in early trading this morning, while the pound was up 0.5 per cent against … Read more
Stock markets and pound set for fortnight of turmoil as Brexit deadlock and fresh wave of coronavirus threaten economy The FTSE 100 is down by 13 per cent this year and on course to finish in the red Even before the Tier 4 measures were announced, the Bank of England had warned that existing restrictions … Read more
From the Covid crash in February to this month’s vaccine breakthrough, investors have had quite the ride on the markets this year. But what can a novice investor learn from 2020? Though the markets have seen record falls – and some dramatic gains – a look at the whole year underlines the wisdom of cautious … Read more
Britain’s fastest-moving property markets revealed, with Falkirk, Bridgend and Waltham Forest coming top and family homes going quickest Bridgend in Wales and Waltham Forest in London were placed joint second on the list compiled by Zoopla The report said three-bed, semi-detached properties fly off the shelves the quickest At the other end of the scale, properties … Read more
The FTSE 100 started the week with a bang after another Covid vaccine announcement gave shares a shot in the arm. Stock markets across the world rallied after US company Moderna said its potential coronavirus vaccine was nearly 95pc effective. On the London Stock Exchange many of the companies hit hardest by Covid restrictions including … Read more
Ministers to examine plans to beef up Britain’s markets watchdog after furious intervention by its former chairman Lord Andrew Tyrie By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 14 November 2020 | Updated: 23:26 GMT, 14 November 2020 Ministers will examine plans to beef up Britain’s markets watchdog after a furious intervention by … Read more
Donald Trump has emerged odds-on favourite to win the US election as gamblers abandoned Joe Biden overnight to place a flurry of bets on the President. Trump was favourite at 4/5 early Wednesday, according to aggregate site Oddschecker, versus Joe Biden at 5/4. Biden was way ahead before the polls closed at 1/2, but that … Read more
Donald Trump has emerged odds-on favourite to win the US election as gamblers abandoned Joe Biden overnight to place a flurry of bets on the President. Trump was favourite at 4/5 early Wednesday, according to aggregate site Oddschecker, versus Joe Biden at 5/4. Biden was way ahead before the polls closed at 1/2, but that … Read more