The FTSE 100, Britain’s leading stock market index, fell 0.42% to 9,138.90 on August 15 after achieving a record high the previous session.
Standard Chartered led losses, dropping over 7% amid fresh U.S.
scrutiny, while miners and oil majors such as Anglo American and BP advanced.
The market’s strong performance this summer was punctuated by volatility stemming from global trade uncertainties, recent U.S.
political developments, and a pause in property tax incentives.
In merger news, AB Foods confirmed a bid for bread maker Hovis, seeking to merge with Kingsmill.
Despite the monthly gain of 2.38% and yearly increase just under 10%, pressure remains for retail and consumer sectors, with risks of supermarket closures following rate hikes on large stores.
The index’s resilience is notable amid volatile commodity prices and global trade shifts, but analysts caution that autumn's budget and corporate earnings releases could trigger sharper movements.
Shares in UK power company Drax Group PLC fell sharply after the Financial Conduct Authority (FCA) initiated a probe into the firm's accounting practices regarding its 'renewable' fuel sources.
UK retail stocks, including major names like Associated British Foods (Primark) and Kingfisher, experienced a sell-off following a bearish note from Deutsche Bank about a slowdown in discretionary spending.
Medical products company Convatec has seen its shares surge after announcing a new share buyback program of up to $300 million.
The FTSE 100 index reached a new closing high, boosted by hopes of a resolution to the Russia-Ukraine conflict and strong performance from retailers.
Nanoco Group has stated that it expects to exceed market forecasts for revenue, a positive signal for the London-listed technology company.
Revolution Beauty has issued a profit warning, stating that its adjusted EBITDA will be lower than expected after a revision to its stock provisions.
Revolution Beauty has issued a profit warning, stating that its adjusted EBITDA for the last financial year will be significantly lower than initially forecast.
London stocks rose on hopes that a diplomatic solution to the Russia-Ukraine war is on the horizon, boosting investor confidence.
The boss of flexible office group IWG has dismissed a 17% fall in the company's share price, calling it 'not rational' and blaming 'machine selling'.
The CEO of flexible office group IWG has dismissed a recent 17% fall in the company's share price, attributing the decline to 'machine selling' by automated trading systems.
Analysts at Berenberg have increased their target price on the bookmaker Entain, stating that the group's valuation remains 'attractive'.
Shares in JD Sports surged after Deutsche Bank raised its price target on the stock, citing the company's strong performance and growth potential.
An explainer has been published on 'Pisces', a potential new UK stock market that could provide an alternative to the London Stock Exchange's main market.
A US lawmaker’s call for a probe into Standard Chartered pressured London-listed financials late in the week.
The FTSE 100 briefly set a fresh intraday high on Friday and looked set for weekly gains, even as defence stocks lagged.
The fast-fashion giant’s UK sales hit $2.8bn in 2024, highlighting continued pressure on legacy apparel retailers.
London’s blue-chip index set a record close as defence and financial stocks advanced after UK growth surprised on the upside.
UK equities advanced as softer US inflation buoyed risk assets, though domestically focused names underperformed.
UK stocks hit new highs as investors shake off trade worries; inflation and unemployment rise.
Shares in UK-listed gambling operators fell sharply after market rumours of potential tax increases on the sector in the upcoming budget.
London Stock Exchange Group (LSEG) announced robust H1 2025 performance, with significant income growth and plans for further share buybacks.
The FTSE 100 reached a record high, driven by optimism over a US-EU trade deal and strong corporate earnings.
Londoners are purchasing the lowest proportion of houses outside the capital in over a decade due to stalling local prices and the shift back to office working.
FTSE 100 property developer Berkeley Group has warned of a housing slowdown in London, forecasting further decline unless the government addresses regulatory and tax hurdles.
Amazon offers 45% discount on L'Oreal Paris Laser Renew Anti-Ageing Triple Action Eye Cream.
UK borrowing costs for 30-year debt reached 5.72%, a 27-year high, raising fears of economic decline.
Poundland plans to close up to 68 stores in 2025 following financial difficulties and restructuring.
Chancellor Rachel Reeves announced the autumn budget for November 26, aiming to address a £30 billion deficit with growth measures.
Financial expert Martin Lewis has issued a strong warning against criminals who use his name and deepfake technology in 'disgraceful' online adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
The Powerball jackpot has soared to an estimated $1.3 billion, the fifth-largest in the lottery's history, after no winning ticket was sold in the latest drawing, marking the 41st consecutive drawing without a winner.
