Large companies with no female executive committee members ‘missed out on £47 billion last year’

Want to boost profits? Hire more women! Large companies with no female executive committee members ‘missed out on £47 billion last year’, research claims Research by The Pipeline found 15 per cent of major companies had no women in top roles  Companies with no women on highest committees had net profit margin of 1.5% Percentage … Read more

Coronavirus UK: FTSE 100 falls on opening after downbeat assessment from US Fed

London stock markets opened down this morning as hopes faded for a quick economic rebound following the coronavirus pandemic. The FTSE 100 index of Britain’s biggest companies fell by 89 points or 1.51 per cent to 5,815 in the first ten minutes of trading this morning. Fears are growing about a second wave of infections, … Read more

FTSE 100 opens up as investors welcome easing of lockdown

FTSE 100 opens nearly 0.5% up as it climbs 28 points to 5,882 as investors welcome easing of lockdown and Chinese exports rise quicker than expected FTSE 100 of Britain’s biggest firms rose by 28 points or 0.47% to 5,882 today Investors welcome plans to ease rules imposed under lockdown from Monday Analysts also react … Read more

FTSE 100 opens down 2.2% by 144 to 5757 points as data shows slump in UK housing market

FTSE 100 opens down 2.2% by 144 to 5757 points as data shows slump in UK housing market – after government put brakes on lockdown easing and Trump threatened $1trillion tariffs on China The FTSE 100 of Britain’s biggest firms opened down by 144 or 2.2 per cent  Newly released figures show house prices were … Read more

FTSE 100 falls amid poor economic data from Europe

London stock markets retreated today after revelations that the European economy shrank by nearly 4 per cent offset news of a possible breakthrough in the search for a coronavirus treatment. The FTSE 100 was down by 100 points or 1.64 per cent at 6,015 this afternoon, with sentiment also damaged by reports that Boris Johnson … Read more

Coronavirus UK: FTSE 100 opens flat on 5,846 points as oil prices continue to plunge

FTSE 100 rises 1.6% by 91 to 5,938 points as Asian and European markets rally on back of lockdown-easing measures – but oil prices continue to plunge FTSE 100 index of Britain’s biggest companies opens flat this morning at 5,846  BP posts a £3.5bn net loss in first quarter as pandemic crushes demand for oil … Read more

FTSE 100 opens up 1.4% by 83 points to 5,844 as death rates in some of worst-hit countries drops

FTSE 100 rises 1.6% by 91 points to 5,844 after Boris Johnson says UK is ‘turning the tide’ on coronavirus in first address to nation following recovery The index of Britain’s biggest companies is up by 83 points to 5,844 at open The positive start followed gains in Asia as leaders up plan to reopen … Read more

Coronavirus UK: FTSE drops again as it slumps due to gloomy prospects for new drugs

Stock markets fell today after a promising drug that experts hoped would become a breakthrough treatment for coronavirus flopped in its first key trial. The FTSE 100 index of Britain’s largest companies dropped by 86 points or 1.48 per cent to 5,740 this morning – the US Dow also dipped slightly. Investors had high hopes … Read more

Coronavirus UK: FTSE 100 down after global oil prices plunge below zero

Oil prices plunged below zero for the first time ever last night as demand for energy collapsed during the pandemic. The benchmark measure for crude in the US plummeted to minus $35.20 (£28.30) a barrel. It means the country’s oil producers are paying buyers to take the barrels off their hands. Much of the plunge was … Read more

FTSE 100 opens flat on 5,786

FTSE 100 opens flat on 5,786 after UK government’s traffic light lockdown exit strategy was revealed – as caution grips Asian markets ahead of corporate earnings data in wake of crisis Britain’s FTSE 100 opened flat at 5,786 today amid talks on ending lockdown The blue chip index remained unchanged after last weeks late rally  … Read more