FTSE 100 claws back loses with near 5% rise of 220 to 5,371 points as markets rally after Bank of England cut interest rate to 0.1% and pumped £200bn into economy to combat coronavirus crisis Bank, headed by new governor Andrew Bailey, cut rates to lowest level on record FTSE’s recovery followed gains by global … Read more
MARKETS LIVE: FTSE rallies after more stimulus measures revealed around the world; Airlines slash capacity; M&S warns of severe hit; Sports Direct owner warns on profits By This Is Money Published: 08:17 GMT, 20 March 2020 | Updated: 08:22 GMT, 20 March 2020 Shares are enjoying some much-needed gains today as investors took solace in … Read more
The FTSE fell again this morning despite early morning rises as the markets continue to be rocked by the coronavirus pandemic. It comes the day after the pound slumped to a 35-year low against the US dollar as the Chancellor’s £350billion coronavirus bailout failed to calm the markets. Europe’s stock markets initially rebounded today, as … Read more
The bloodbath on the stock market stepped up another gear this afternoon, with the FTSE 100 suffering its second worst day on record, as it closed down 10.87 per cent. The FTSE 100 closed down 639.04 points at 5,237.48 and has now dropped 32 per cent from its mid-January recent peak. Investors are questioning how … Read more
Britain’s blue-chip FTSE 100 index slipped back from a surge earlier today to close up 2.5 per cent. At one point the leading London stock market index was trading up more than 7 per cent, but investors lost confidence after US markets failed to follow European ones with big gains. David Madden, of CMC Markets, … Read more
FTSE opens down again as it falls 5.4 per cent despite global central banks stepping in after one of the worst weeks in its history amid virus crisis By Rory Tingle For Mailonline Published: 08:04 GMT, 16 March 2020 | Updated: 08:19 GMT, 16 March 2020 The FTSE 100 opened down again today as it … Read more