FTSE 100 hits new ALL-TIME high of 7,906 after global stocks rally on signs of resilience in US and UK economies, while central banks hint at end to interest rate hikes The FTSE 100 index has reached a new all-time high level during trading today Boosted by jobs figures in US as well as signs … Read more
A senior FTSE 250 firm executive who was called an ‘old fossil’ by his younger boss and told he ‘did not know how to manage millennials’ has won a tribunal for age discrimination. Glenn Cowie was sacked and replaced with a younger woman after his company Vesuvius implemented a new policy that encouraged managers not … Read more
London shares hit a nine-month high as FTSE 100 rises by 0.9% or 60 points to 6,550 amid hopes coronavirus vaccine will help business bounce back FTSE 100 rose by nearly 1 per cent to its highest level since March 5 yesterday The rise took gains since the start of November to more than 17 … Read more
Dollar rises against pound and US bonds are in demand as investors seek safe havens amid ‘extended uncertainty’ of election Leading up to election day markets had been pricing in a Biden clear sweep Strength of US dollar now on the up as investors flock to ‘safe havens’ By Jane Denton For Thisismoney Published: 11:53 GMT, … Read more
London markets open down 1.3% by 77 points on 5,822 ahead of multi-billion pound ‘winter plan’ being announced by Rishi Sunak today FTSE 100 index of UK’s biggest companies falls 1.3% or 77 points to 5,822 today Frankfurt DAX 30 loses 1% and Paris CAC 40 drops 1.2% after falls in Asia and US Rishi … Read more
FTSE 100 claws back some losses after yesterday’s £51bn plunge with markets opening 0.3% up by 38 points to 5,820 after 10pm curfew was announced for pubs and restaurants Index was 0.3% in the green at opening today following yesterday’s huge fall Pub chains and airlines hammered as ministers warned of new lockdown rules Meanwhile, … Read more
Fears of a second coronavirus lockdown have shaken market confidence and set alarm bells ringing for businesses still in ‘survival mode’ from the first wave. The FTSE 100 suffered its worst plunge since June this morning and slumped 3.56 per cent to 5,812 as the public were warned about the accelerating spread of Covid-19. The government’s top … Read more
The BIGGER Apple! US tech firm is now worth more than the combined market value of Britain’s FTSE 100 businesses after rising above $2trillion milestone Apple’s share price has surged during coronavirus crisis amid economic freefall California tech giant has seen its price rise by more than 75% since start of 2020 Apple is now … Read more
More than half of senior managers who drove to work before the coronavirus lockdown are still working from home, a new survey has revealed amid growing concerns for the UK economy. A poll conducted by the AA found that some 54 per cent of professionals and senior or middle managers remain working from home for all … Read more
Staff are pouring back to offices at a string of top firms as others say they are considering plans to lure workers from their homes Many companies recorded an uptick in employees getting back to their desks High street chain Boots was among those recording a steady rise in attendance Alistair Cox said full-time remote working … Read more
Theresa May, Britain’s second female Prime Minister, has sounded off about the absence of women in company boardrooms in a recent report. By gender diversity group Pipeline, the report criticised the fact there are only 13 female chief executive officers at the top 350 FTSE companies. Mrs May thunders in the report: ‘Every single male … Read more
Hammer blow for The City of London as investment firm Schroders allows thousands of staff PERMANENTLY work from home By Darren Boyle for MailOnline Published: 11:19 BST, 15 August 2020 | Updated: 11:26 BST, 15 August 2020 An asset management firm with more than £525bn under its control has told its 5,000 workers they no … Read more
Business leaders today warned that Boris Johnson postponing a further easing of England’s coronavirus lockdown was a ‘hammer blow’ to the economy. The British Chambers of Commerce said businesses and consumer confidence will be damaged again after the Prime Minister warned the UK ‘cannot be complacent’ amid a rise in the Covid-19’s prevalance in communities. … Read more