UK inflation hits 2% target boosting market confidence
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
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
Fidelity Special Values PLC (LON:FSV) has published its monthly factsheet for July 2024. Portfolio Manager Commentary After a brief pause in June, UK equities resumed their upward trajectory in July. The
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
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
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
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
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
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
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
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