London stocks rise on strong wage growth data

UK inflation reached the Bank of England’s 2% target for the first time in nearly three years, offering some relief to markets. The Office for National Statistics (ONS) reported that the Consumer Prices Index (CPI) fell

UK stocks enjoyed a positive session on Monday, with gains in the Mining, Industrial Metals & Mining, and Household Goods & Home Construction sectors driving the market higher. At the close of trading in London, the

On Friday, the UK’s FTSE 100 experienced a slight dip, declining by 0.2% by 0716 GMT. This drop followed five consecutive days of gains, setting the stage for a solid weekly performance. Despite the minor setback,

London stocks experienced a modest rise on Monday, following a turbulent week marked by declines. The blue-chip FTSE 100 index increased by 0.7%, while the mid-cap FTSE 250 index saw a 0.3% uptick by 0711 GMT.

Britain’s economy experienced stronger growth in 2022 than initially estimated, according to revised data from the Office for National Statistics (ONS). This revised data attributes the improvement to the oil and gas sector, which benefitted from

Britain’s domestically-focused stocks have reached a two-year high as traders bet on the Bank of England cutting interest rates for the first time in four years. The midcap FTSE 250 index climbed by 0.6% to 21,486.01,

In the second quarter of 2024, UK dividends reached a new record, according to Computershare’s latest dividend monitor. Total payouts, bolstered by special dividends, increased by 11.2% year-on-year, hitting an all-time quarterly high of £36.7bn. The

Investors are increasingly viewing UK markets as a potential haven amidst rising political uncertainty in the U.S. and other parts of Europe. This shift could mark a significant turnaround for a country that seemed to have

London stocks experienced a rise on Wednesday, largely due to gains from precious metal miners. Meanwhile, hawkish comments from the Bank of England’s Chief Economist, Huw Pill, reduced expectations of an interest rate cut in August.

Last week’s Labour victory in the UK election has brought a wave of optimism to the UK stock market and has bolstered the value of the pound. This outcome has instilled a sense of political stability,

The FTSE 100 is up 0.4% after a four-session dip, signalling renewed market optimism. The FTSE 250 also saw a rise, up 0.6% by 0730 GMT, while the pan-European STOXX 600 mirrored this momentum, rising by

UK stocks experienced a rise after the close on Monday, with gains in the Life Insurance/Assurance, Chemicals, and Tobacco sectors driving shares higher. By the end of trading in London, the Investing.com United Kingdom 100 had

London’s blue-chip stock surged to a near two-week high on Thursday, bolstered by the Bank of England’s decision to maintain current interest rates. This move, which aligned with market expectations, spurred traders to anticipate the potential

London has reclaimed its position as Europe’s biggest stock market, just two years after losing the title to Paris. This resurgence comes amidst significant turmoil in French markets following the surprise election called by President Emmanuel

Recent analysis by Energy UK, based on data from Oxford Economics, reveals that a swift transition to net zero could provide a significant boost to the UK economy. The report estimates this boost at £240 billion

On Thursday, British equities experienced a lift as investors looked forward to a widely anticipated rate cut by the European Central Bank (ECB), although gains were tempered by companies trading ex-dividend. The FTSE 100, a blue-chip