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FTSE dips from its highs by midday with UK elections in focus | 6 May 2021 - Vimarsana News

FTSE dips from its highs by midday with UK elections in focus | 6 May 2021

6 May 2021 | 12:06pm StockMarketWire.com - The FTSE 100 was up 0.2% to 7,053.80 by midday as investors weighed some positive corporate updates and potential political uncertainty linked in particular to elections in Scotland. First quarter sales at clothing retailer, Next, were down 1.5% on two years ago resulting largely from the closure of its retail stores during the Covid-19 pandemic. The growth in online sales of NEXT Homeware, third-party brands (through LABEL) and NEXT Childrenswear, along with increasing sales overseas, served to make up for the sales lost in stores, the group said. ...

FTSE at 14-month highs after BoE holds rates | 6 May 2021 - Vimarsana News

FTSE at 14-month highs after BoE holds rates | 6 May 2021

6 May 2021 | 16:37pm StockMarketWire.com - The FTSE 100 gained 0.5% to 7,076.17 by the close after the Bank of England kept rates on hold and lifted UK growth expectations. In the US the S&P 500 was up 2.7 points to 4,170.64 by 4.30pm UK time. First quarter sales at clothing retailer, Next, were down 1.5% on two years ago resulting largely from the closure of its retail stores during the Covid-19 pandemic. The growth in online sales of NEXT Homeware, third-party brands (through LABEL) and NEXT Childrenswear, along with increasing sales overseas, served to make up for the sales lost in stores...