US Election 2020: Pound sinks against US dollar amid uncertainty

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 ahead of multi-billion pound ‘winter plan’

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 plunges three per cent or 194 points down to 5,813 amid new Covid lockdown fears

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

Staff are pouring back to offices at a string of top firms as others try to lure workers to return

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

ANDREW PIERCE: Theresa May’s muddle over women at the top table

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

FTSE falls after Boris Johnson halts further easing of lockdown

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