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Top StoriesBritain Looks at post-Brexit Boost to Company Listings
Top StoriesUK Police Issue 126 Fines as Downing Street ‘partygate’ Inquiry Ends
Top StoriesLondon Stocks Recover; Set for Weekly Drop as Slowdown, Inflation Fears Linger
InvestingLondon Stocks Slide as Downbeat Gdp, Hot U.S. Inflation Data Weigh
Analysis: Deal-Making Frenzy Comes to London’s West End
Date: May 10, 2022
By Iain Withers and Andres Gonzalez LONDON (Reuters) – The exclusive cadre of landlords that run London’s bustling West End cultural and entertainment district is about to get one smaller. Neighbouring developers Shaftesbury and Capco outlined a 3.5 billion pound ($4.31 billion) merger deal over the weekend, as the threat of recession accelerates a rush...
Consumer Staples, Banks Lift UK’s FTSE 100 After Sharp Selloff
Date: May 10, 2022
By Bansari Mayur Kamdar (Reuters) – UK’s FTSE 100 rose on Tuesday, boosted by consumer staples and banking stocks, a day after worries around growing recession risks, higher interest rates, and extended COVID-19 lockdowns in China triggered a bruising selloff on the blue-chip index. The FTSE 100 index climbed 0.7% in morning trade, after falling...
London Stocks Slid as China Growth Concerns Dent Global Risk Appetite
Date: May 9, 2022
By Bansari Mayur Kamdar (Reuters) – UK shares tracked Asian and European markets lower on Monday, as tightening lockdowns in China added to investors’ concerns about a recession amid the Bank of England’s dour economic outlook last week. The commodity-heavy FTSE 100 index fell 0.7% in early trade, with miners leading losses as metal prices...
Queen to Attend UK Jubilee Celebrations, but Snubs for Andrew and Harry
Date: May 6, 2022
By Michael Holden LONDON (Reuters) -Queen Elizabeth plans to attend major celebrations to mark her 70 years on the British throne next month, Buckingham Palace said on Friday, but two out-of-favour royals, Princes Andrew and Harry, will be excluded from one traditional event. The 96-year-old, Britain’s longest-reigning monarch, marked seven decades as queen in February,...
Buckingham Palace Parties Return, Without Queen Elizabeth
Date: May 5, 2022
LONDON (Reuters) – Members of the British royal family will stand in for Queen Elizabeth when the traditional garden parties return this summer at Buckingham Palace, her office said on Thursday. Mobility issues have meant that the 96-year-old monarch has been forced to cut back on public engagements, and the Palace said members of the...
Global Rally Lifts UK Shares Over 1% Ahead of BoE Decision
Date: May 5, 2022
By Bansari Mayur Kamdar (Reuters) – UK shares rose on Thursday after the U.S. Federal Reserve’s widely expected rate hike triggered a relief rally in global markets, with investor focus now on the Bank of England’s meeting amid concerns over Britain’s cost-of-living crisis. The Bank of England looks poised to raise interest rates later in...