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London's top stocks have turned down after the late gains yesterday with banks again under pressure on concerns over the plans of the new government to curb their activities. Reports that the EU is to push through controversial new hedge fund regulations next week have also cast a cloud over the fi
Read moreLondon's top stocks rallied near the close to finish well up on the day as traders speculated on possible measures to cut the UK's debt burden. A VAT rise to 20% is a likely measure according to a group of economists questioned by the BBC. Justin King, chief executive of supermarket Sainsbury's,
Read moreLondon's top stocks are easing down towards the close after a flat start on Wall Street and some calming down of the excitement over the plans of the new Conservative-Liberal government. The focus now is on just how they new government intends to get the UK's debt levels down, with a VAT rise to 20
Read moreLondon's top stocks are making good gains helped by BT's full-year numbers and a decent showing from the miners. BT is the strongest riser on news that telecoms giant returned to the black in the last quarter and the full year and reported a 6% rise in the dividend. Pre-tax profit hit £1.01bn in th
Read moreLosses halved during the afternoon session as it looked increasingly likely the Liberal Democrats will jump into bed with the Conservative party and form a coalition government. Buyers nibbled at weak miners and banks, down sharply earlier on doubts about the €750bn Eurozone bailout plan. Kazakhmy
Read moreWith still no decision on who's running the country and Wall Street deep in the red, London's FTSE 100 is nursing triple digit losses. Concerns about the €750bn bailout agreed by European governments to prevent economic collapse in the Eurozone also continue to weigh. Banks remain among the worst
Read moreBanks are among the worst performers on a tough day for the markets, most notably part-nationalised Royal Bank of Scotland. The taxpayer-owned bank has agreed to pay the US government $500m to settle charges it conspired to violate the US Bank Secrecy Act. The Department of Justice said ABN Amro,
Read moreThe leading share index is posting triple-digit losses as nerves set in over the prospects for the €750bn bailout agreed by European governments to prevent economic collapse in countries that use the euro. Banks are among the worst performers, most notably part-nationalised Royal Bank of Scotland.
Read moreMarkets were focused on the European debt crisis situation rather than the continuing political uncertainty here and, with European ministers having agreed a €720bn deal to prop up the euro, shares soared more than 200 points. Banks Barclays, Lloyds and Royal Bank of Scotland (RBS) all racked up do
Read moreBanks are leading the advance on the back of the €720bn deal to prop up the euro agreed by ministers at the weekend. Barclays, Lloyds and Royal Bank of Scotland (RBS) all rack up double-digit percentage gains with Asia-focused bank Standard Chartered close behind. Market rumours suggest that RBS is
Read moreFootsie is rising on the back of a strong recovery in banks and financials following the €720bn deal to prop up the euro agreed by EU ministers at the weekend. Barclays, Royal Bank of Scotland and Lloyds are the top three performers. Asia-focused bank Standard Chartered is also rising. Vedanta R
Read moreIt's almost a clean sweep among FTSE 100 constituents for stocks on the rise, with the notable exception of BP, which continues to be dragged down by mounting expenses for its oil spill clean-up. Banks are leading the advance on the back of the €720bn deal to prop up the euro agreed by ministers at
Read moreFootsie has continued its upward surge on the back of a €720bn deal to prop up the euro agreed by ministers at the weekend. The three-year plan includes €60bn (£52bn) from all EU members, €440bn (£381bn) from the 16-nation eurozone and €220bn from the IMF. Footsie has bounded forward by over 5%.
Read moreStock markets across Europe are powering ahead after EU ministers agreed a €720bn deal to prop up the euro at the weekend. The three-year plan includes €60bn (£52bn) from all EU members, €440bn (£381bn) from the 16-nation eurozone and €220bn from the IMF. Footsie has bounded forward by over 4%, wi
Read moreShares continued sliding on Friday as the European debt crisis rumbled on and after the previous day's election failed to produce a decisive result. Germany's parliament has approved a rescue package for Greece, but traders are still worried that the debt problems could spread to other countries, i
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