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FTSE 100 Closes Down 0.75% After Rate Hike; Ocado Surges on Bid Speculation - Vimarsana News

FTSE 100 Closes Down 0.75% After Rate Hike; Ocado Surges on Bid Speculation

The FTSE 100 Index closed Thursday down 0.75% to 7502 points, reaching a three-week low as investors weighted the impact of more rate hikes on the U.K. economy, IG Group Chief Market Analyst Chris Beauchamp says in a note.

Spirax-Sarco Engineering to take an ownership stake in Kyoto - Vimarsana News

Spirax-Sarco Engineering to take an ownership stake in Kyoto

Spirax-Sarco Engineering to take an ownership stake in Kyoto

BOE Signals Willingness for Further Tightening, Despite Recession Fears - Vimarsana News

BOE Signals Willingness for Further Tightening, Despite Recession Fears

BOE Signals Willingness for Further Tightening, Despite Recession Fears 1222 GMT - The Bank of England will raise rates at least once more in August, with rates unlikely to come down until the second half of 2024, Ruth Gregory, deputy chief U.K. ec...

London midday: Stocks stay down amid China growth concerns - Vimarsana News

London midday: Stocks stay down amid China growth concerns

London stocks were still weaker by midday on Monday amid concerns about China’s growth prospects, and as investors eyed another rate hike by the Bank of England this week.

London close: Stocks weaker on globally subdued day - Vimarsana News

London close: Stocks weaker on globally subdued day

London's stock markets closed in the red on a globally subdued Monday, with investors eagerly anticipating the Bank of England's monetary policy decision expected later this week.