UK construction activity tumbles as pressure builds for interest rate cut today; Nissan-Honda $60bn merger ‘basically over’ – business live
Rolling coverage of the latest economic and financial news, as UK share index bursts over 8,700 points for first timeBank of England poised to cut interest rates amid UK economic gloomEvelyn de Rothschild left bank in 2004 after sexual misconduct complaintBritain’s blue-chip share index has hit a new all-time high at the start of trading, as investors anticipate a cut in UK interest rates today.The FTSE 100 index has gained 0.8% to a new intra-day peak of 8,695 points, up 72 points today, above the previous record of 8,692 points set last month.After a severe allergic reaction on Monday after the tariff news, markets continued to be relatively sedated yesterday as investors continued to price out the chance of aggressive tariffs. Continue reading...
Rolling coverage of the latest economic and financial news, as UK share index bursts over 8,700 points for first time
- Bank of England poised to cut interest rates amid UK economic gloom
- Evelyn de Rothschild left bank in 2004 after sexual misconduct complaint
Britain’s blue-chip share index has hit a new all-time high at the start of trading, as investors anticipate a cut in UK interest rates today.
The FTSE 100 index has gained 0.8% to a new intra-day peak of 8,695 points, up 72 points today, above the previous record of 8,692 points set last month.
After a severe allergic reaction on Monday after the tariff news, markets continued to be relatively sedated yesterday as investors continued to price out the chance of aggressive tariffs. Continue reading...
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