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Market Report: UK consumer confidence leaps up but Britain's borrowing costs grow £250bln in a year The Market Report with Katie Pilbeam FTSE 100 edged lower even though the widely followed Gfk retail survey showed an improvement in March with consumer confidence also improving. The blue-chip index shed 11 to 6,927.   Britain’s borrowing in March hit a new record of £28bn as the government continued to support the economy through the pandemic.  Total borrowing so far this financial year is now £303bn or £250bn higher than twelve months ago.   Joe Biden, meanwhile, is looking to sort ...

A glance at the day's highlights from the Proactive Investors newswire

UK close to Australian trade deal Louise Moon, Simon Foy Government borrowing hit £303.1bn in year ending March Retail sales jumped 5.4pc compared with February FTSE 100 falls flat, stays shy of 7,000 US market edge higher after a rise in factory activity 05:03 PM Sterling has a strong day Sterling has had a strong day today, rebounding from a sharp fall on Thursday after strong retail sales and PMI figures were a positive sign for Britain's economic recovery. It rose 0.07pc against the US dollar to $1.384, as the weak greenback continued a disappointing week ahead of the F...

23 April 2021 | 08:33am StockMarketWire.com - Publisher Bloomsbury Publishing said it had signed a sale and purchase agreement to acquire certain assets of Red Globe Press, the academic imprint, from Macmillan Education Limited, a part of Springer Nature Group, for £3.7 million. Under the terms of the deal, the company paid £2.1 million in cash at and up to £1.6 million would be paid on or post-completion, subject to assignment of certain contracts. Red Global Press has a backlist of more than 7,000 titles and publishes more than 100 new titles per year, with content including digital pla...

European stocks end week on a negative note Allfunds soars on market debut, companies post mixed earnings data about 6 hours ago The Euronext exchange in Amsterdam, Netherlands: Madrid-based Allfunds jumped on its Amsterdam market debuton. Photograph: Peter Boer/Bloomberg   European stocks marked their first weekly loss in eight on Friday as a surge in global coronavirus cases offset optimism about a strong earnings season, while Madrid-based Allfunds jumped on its Amsterdam market debut. Investor sentiment was hit following reports on Thursday that US president Joe Biden planned to raise i...