UK economy is in a lot better shape, says fund manager

The FTSE 100 index has come under pressure in the wake of the multiple midsized bank failures in the US, and, not to mention, the inevitable sale of the beleaguered Credit Suisse. The index outperformed other major indices

HSBC has scooped up the UK arm of failed Silicon Valley Bank, securing the deposits of thousands of British tech firms that hold money at the lender. Had a buyer not been found, SVB UK would have been placed

UK Prime Minister Rishi Sunak and Science, Innovation and Technology Secretary Michelle Donelan have laid out a new initiative that will see in excess of £370 million being funneled into improving infrastructure, investment, and skills for growing UK

The FTSE 100 reached an all-time high this month, breaching its May 2018 record of 7,903 points. However, the latest Q4 GDP estimate did not reflect this optimism. A recession may have been avoided so far, but UK

Many analysts claim a lack of investment in new capacity should keep oil & gas prices high, but the Fidelity Special Values manager said this doesn’t automatically equate to higher returns. Fidelity’s Alex Wright has already sold out

It is not controversial to suggest that it may be a more favourable moment for value stocks. After a decade where low interest rates have flattered growth stocks, their value counterparts have outpaced them by around 14% over

The recent record high from the FTSE 100 seems to be at odds with the uncertain outlook for the UK economy. What’s more, this strong performance from blue-chip stocks has not been reflected across the market cap spectrum,

The UK’s FTSE 100 rose on Monday after upbeat earnings reports from Associated British Foods and Bunzl helped pull the index up from last week’s battering on worries about high U.S. interest rates. The blue-chip FTSE 100 (.FTSE) rose 0.8%,

The FTSE 100 was called to open six points higher at 7,888. CMC Markets analyst Michael Hewson said: “As we look ahead to another week, the main focus is going to be on tomorrow’s US January CPI report, along with

BP Plc shares rose for a second day to push the UK FTSE 100 index back to a record high after the oil giant on Tuesday pledged to hand more cash back to shareholders. The stock rose as

London stocks were set to rise at the open on Wednesday following a positive close on Wall Street, as investors digest the latest comments from US Federal Reserve chair Jerome Powell. The FTSE 100 was called to open

U.K. equities were higher at the close on Monday, as gains in the Food Producers, Industrial Engineering and Industrial Transportation sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.16%. The biggest gainers of the session on the Investing.com United