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Global markets have taken a turn for the worse after new figures revealed US inflation unexpectedly ticked up last month, stamping out hopes of the Fed ending its cycle of interest rate hikes.The personal-consumption expenditures price…

1677223460Wise founder Kristo Kaarmann ups stake in business to near 50%The founder of payments transfer business Wise, Kristo Kaarmann, has increased his share of the voting rights in the company as he tightens his control to near…

Heathrow aims to triple usage of greener aviation fuel at the airport this year, but warned the UK risks falling behind other nations in developing production facilities.Chief executive John Holland-Kaye told the PA news agency that the…

London’s top index has been lifted by gains for mining giants as it started the week hovering firmly above the record-breaking 8,000 mark.The FTSE 100 saw basic resources companies Anglo American, Rio Tinto and Glencore jump towards the top…

London’s top index continued to retreat as traders were in two minds about the results of several economic surveys across Europe and the US on Tuesday.The UK’s PMI index flash results showed a better-than-expected reading for January,…

The FTSE 100 fell short of hitting some all-time highs on Friday after a strong start to the year.Pushing up to fresh five-year highs, the FTSE hit its highest score since the record points it had tallied in May 2018.It closed at 7,844.07…

The FTSE 100 has been given a boost by its top retail stocks as investors cashed in on the post-Christmas sales shopping, and as China is set to ease its Covid restrictions for inbound travellers from January 8.Among the top performers on…

London’s top markets and sterling both slipped on Thursday after the Bank of England and the European Central Bank hiked interest rates further.The decision by both central banks to increase rates by 0.5 percentage points showed continued…

London’s top stocks have enjoyed a Halloween rebound with the FTSE 100 ending the month at a five-week high.The blue-chip index reached the highest level since before the former Chancellor’s mini budget on September 23, which punctured the…

London stocks fell after trading in Europe was knocked by rampant inflation across the continent.The FTSE 100 was also impacted by weaker shares from banking firms after the latest quarterly figures from NatWest disappointed.The top index…