The MPC is meeting next week (announcement16 December). It is expected that Bank Rate will be held at 0.1%. GDP rose by a less-than-excepted 0.1% (MOM) in October and was… The post Bank expected to hold rates, and growth disappoints in October appeared first on London Business News | Londonlovesbusiness.com.
After a decent start to the week, come Friday and the FTSE 100 had run out of breath, falling 0.2% to 7,305. Only the basic materials sector was able to… The post FTSE runs out of breath appeared first on London Business News | Londonlovesbusiness.com.
Telecommunications and security systems integrator Optilan, has appointed a new member onto its Leadership Team following an internal promotion. Craig Atkin has been promoted to Engineering and Technology Director from… The post Optilan appoints new engineering and technology director appeared first on London Business News | Londonlovesbusiness.com.
B&M European Value Retail’s declaration of a 25p-a-share special dividend will mean this is the third year in a row when the firm has rewarded shareholders for their support with… The post B&M European Value Retail uncorks FTSE 100’s twelfth special dividend of 2021 appeared first on London Business News | Londonlovesbusiness.com.
Recent trading at Primark has beaten expectations, owner AB Foods said this morning. AB Foods’ other divisions of grocery, sugar, ingredients and agriculture have matched expectations since the start of… The post Primark owner ABF reports upbeat sales appeared first on London Business News | Londonlovesbusiness.com.
The FTSE 100 continues to tick higher but its momentum has been checked slightly by the reintroduction of restrictions in the UK which suggest the market’s more relaxed attitude to… The post Weak pound lifts FTSE but renewed restrictions sink travel and hospitality stocks appeared first on London Business News | Londonlovesbusiness.com.
Night Tube services on the Central and Victoria lines are set to be disrupted by planned RMT strike action again this weekend, with customers advised to check before they travel… The post Night Tube services set to be disrupted by RMT strike action again this weekend appeared first on London Business News | Londonlovesbusiness.com.
Only a third of active equity funds (34%) beat a passive alternative this year, according to our latest Manager versus Machine report. Active outperformance was particularly sparse in the US,… The post Passive funds beat active investing in 2021 as virus dampens sentiment appeared first on London Business News | Londonlovesbusiness.com.
Mercer forecasts combined bulk annuities, longevity swaps and new risk transfer solutions to reach £60bn during 2022. The growth is expected to be driven by a variety of factors, including… The post Mercer forecasts UK risk transfer activity to hit £60bn in 2022 appeared first on London Business News | Londonlovesbusiness.com.
The FTSE 100 continued its winning streak, rising a further 0.4% to 7,368 as investors brushed off fears over the Omicron variant and regained their appetite for risk. Russ Mould,… The post Markets continue to rally appeared first on London Business News | Londonlovesbusiness.com.
