A mid-week rally lifted UK large-caps after US CPI and PPI prints came in cooler than expected, sharpening odds of a Federal Reserve rate cut in September.
Rate-sensitive sectors and global cyclicals outperformed, while UK mid-caps were mixed as investors weighed resilient US demand against a slower domestic outlook.
Gilt yields edged higher alongside global peers, but spreads remained contained, keeping financial conditions supportive.
For portfolio construction, the session reinforced the importance of geographic and sector diversification within UK exposure: multinational FTSE 100 constituents can benefit from global growth and FX dynamics, while the FTSE 250’s domestic tilt leaves it more exposed to UK data flow and consumer confidence.
The move also fed through to sterling, which firmed against both the dollar and euro, marginally tightening financial conditions.
Looking ahead, the sustainability of the rally will hinge on earnings revisions and policy signals from the BoE and Fed, as well as developments in geopolitical risks that have driven episodic sector rotations, particularly in defence and energy.
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.
The FTSE 100 briefly set a fresh intraday high on Friday and looked set for weekly gains, even as defence stocks lagged.
A buyback announcement sent Bytes shares higher, exemplifying idiosyncratic drivers in a cautious mid-cap tape.
The fast-fashion giant’s UK sales hit $2.8bn in 2024, highlighting continued pressure on legacy apparel retailers.
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 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.
