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London open: FTSE edges down as borrowing jumps ahead of Budget London stocks edged lower on Tuesday as investors mulled the latest UK borrowing figures. At 0850 BST, the FTSE 100 was down 0.2% at 8,299.86. Derren Nathan, head of equity research at Hargreaves Lansdown, said: “The FTSE 100 has opened down this morning as a […]

London open: Stocks gain as miners rally on PBOC cuts London stocks rose in early trade on Monday, with miners pacing the gains as investors mulled the latest move by the People’s Bank of China and UK house price data. At 0840 BST, the FTSE 100 was up 0.3% at 8,385.07. Earlier, the PBOC cut […]

London open: Stocks fall as China growth slows; UK retail sales in focus London stocks fell in early trade on Friday after data showed that economic growth in China slowed, although UK retail sales figures were better than expected. At 0840 BST, the FTSE 100 was down 0.4% at 8,350.56. Data released earlier by the National […]

London open: Stocks flat ahead of expected ECB rate cut London stocks were flat in early trade on Thursday as investors eyed an expected rate cut by the European Central Bank. At 0830 BST, the FTSE 100 was steady at 8,326.32. Kathleen Brooks, research director at XTB, said: “There are two key events today, the ECB […]

London open: Stocks rise on rate-cut hopes after inflation slowdown UK stocks were putting in solid gains on Wednesday morning after a sharper-than-expected fall in consumer price inflation all but cemented a rate cut at the Bank of England’s next meeting. The FTSE 100 was trading 0.7% higher at 8,303.15 by 0845 BST, on track […]

London open: Stocks mixed on weaker UK wage growth London markets opened in mixed territory on Tuesday, as investors digested data showing continued weakness in the UK jobs market, after an upbeat session on Wall Street overnight. As of 0822 BST, the FTSE 100 was down 0.12% at 8,282.39 points, while the FTSE 250 gained 0.26% to 20,871.08. “The […]

London open: FTSE nudges lower as gambling stocks tank London stocks nudged down in early trade on Monday as investors eyed the release of key UK data points this week, with gambling shares under the cosh amid reports of a potential £3bn tax raid on the sector. At 0830 BST, the FTSE 100 was down […]

London open: Stocks dip as investors mull GDP data London stocks nudged lower in early trade on Friday as investors mulled the latest UK GDP data. At 0820 BST, the FTSE 100 was down 0.1% at 8,230.93. Figures released earlier by the Office for National Statistics showed the UK economy returned to growth in August. GDP rose […]

London open: Stocks gain ahead of US CPI; GSK surges on Zantac settlement London stocks rose in early trade on Thursday, taking their cue from an upbeat session on Wall Street, as investors eyed the latest US inflation reading. At 0820 BST, the FTSE 100 was up 0.3% at 8,269.93. Richard Hunter, head of markets […]

Back in 2011, Bitcoin was still in its infancy, barely two years old. Meanwhile, Charlie Lee, a former Google engineer with a bold vision, was busy crafting something new. Lee wasn’t simply following the trend of blockchain innovation. Instead, he sought to create a cryptocurrency that would work alongside Bitcoin rather than rival it. His […]