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UK Banks Rates Hike Benefit Likely to Be Limited 1005 GMT - The marginal benefit of further interest-rate rises to U.K. banks is likely to be limited and could become a headwind, Shore Capital says in a note after the Chancellor told lenders they a...
The FTSE 100 Index closed Tuesday up 0.1% to 7461 points pushed by banks and miners as hopes of state support for the Chinese economy backed commodity prices, AJ Bell investment director Russ Mould says in a note.
London Market Insurers' Underperformance Looks Overdone 1205 GMT - The underperformance of London-listed insurers is overdone and this provides a strong buying opportunity into Lancashire... | June 15, 2023
The FTSE 100 Index closed up 0.3% to 7628 points, outperforming its European peers after a hawkish rate hike from the European Central Bank, with gains in health care, energy and consumer staples helping to offset the weakness in basic resources and fi...
UK Online Retail Sales Continues to Lose Market Share 1157 GMT - The latest sales-monitor report from the British Retail Consortium showed that online channel sales in May continued to lose... | June 6, 2023