On Friday, London’s FTSE 100 briefly printed a new intraday record before paring gains, leaving the index on track to end the week higher.
The move capped a week in which upside surprises in UK GDP and easing US inflation reinforced the ‘soft-landing’ narrative and buoyed risk appetite.
Sector performance was mixed: defence names traded lower into a high-level US-Russia summit that investors speculated could alter the geopolitical risk premium, while miners advanced on hopes for additional stimulus in China.
The mid-cap FTSE 250 outperformed intraday but remained on course for a weekly decline, reflecting the more challenging domestic demand backdrop.
For UK retail investors and ISA savers, the fresh high continues to highlight dispersion across sectors and the benefit of international revenue exposure prevalent in the FTSE 100.
Strategists cautioned that volatility may increase into upcoming data on inflation and the labour market, and that the Bank of England’s path after its August cut will remain a key driver.
Still, with earnings season delivering more beats than misses and global central banks inching toward looser policy, the technical picture for UK blue chips remains constructive into late summer.
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.
London stocks rose on hopes that a diplomatic solution to the Russia-Ukraine war is on the horizon, boosting investor confidence.
A US lawmaker’s call for a probe into Standard Chartered pressured London-listed financials late in the week.
UK's main stock index slips 0.42% post-record close, led by Standard Chartered loss and retail woes.
London’s blue-chip index set a record close as defence and financial stocks advanced after UK growth surprised on the upside.
The pound strengthened this week as traders priced Fed easing and reassessed BoE cuts after resilient UK growth.
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.
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.
The UK's long-term borrowing costs have reached a 27-year high, fueling speculation about the government's economic credibility and the future of Chancellor Rachel Reeves following a significant government reshuffle.
Experts caution that Premium Bonds winnings may lead to unexpected tax bills depending on how they’re used.
McVitie’s introduces a new caramel-flavoured Penguin biscuit available in major UK supermarkets just in time for autumn.
Despite a wider trend of decreasing car insurance premiums in the UK, a new report indicates that prices for drivers under the age of 25 have seen a recent increase.
A major government reshuffle has fueled speculation about the future of Chancellor Rachel Reeves as the UK's long-term borrowing costs reach a 27-year high amidst broader European economic uncertainty.
The Powerball jackpot has skyrocketed to an estimated $1.3 billion after no one won the top prize in the latest drawing, marking the 41st consecutive drawing without a winner and setting up the fifth-largest jackpot in the lottery's history.
Greggs has introduced a £5 meal deal nationally along with new autumn-inspired menu items including Chicken Fajita Bake and Pumpkin Spice specials.
Financial expert Martin Lewis has issued a powerful warning against online criminals who use his name and deepfake technology in 'disgraceful' adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
New data reveals councils increasingly use one-off cash incentives to persuade private landlords to accept homeless households, costing taxpayers millions.
Councils are spending millions placing homeless families in hotels due to housing shortages, raising questions about long-term policy failures.
Clase Azul is a premium Reposado Tequila that is as famous for its elegant, hand-painted ceramic decanters as it is for its contents.
Formula 1's elite showcase their extravagant maritime lifestyles with multi-million pound yacht collections, from Toto Wolff's €22m vessel to Charles Leclerc's twin boats.
Following Congress’s vote to strip federal funding, public TV and radio stations race to fill budget holes with local donations, reduced network dues, and a national rescue push.
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