Latest News
US close: Markets mixed amid Trump's protectionist dream
US stocks finished mixed on Monday as investors mulled President Donald Trump’s policies.
Bonds: Fight against climate change might entail financial stability risks, BoE staff muse
These were the movements in some of the most widley-followed 10-year sovereign bond yields:.
Commodities: Gold clambers back above $1,200/oz.
Precious metals were wanted as Trump´s emphasis on trade protectionism in his first few days in office weighed on Treasury yields, sending the Greenback lower.
Europe close: Stocks knocked lower by Trump rhetoric
European stocks were in the red after Donald Trump moved to pull the US out of the Trans Pacific trade deal and announced he would levy "a very major" border tax on companies choosing to move overseas.
Directors dealings: Carnival non-exec jumps ship at start of 2017
Carnival non-executive Director Sir Jonathon Band sold some shares after the start of the new year.
EasyHotel in line with expectations with a pipeline of new hotels
EasyHotel is trading in line with expectations as the market improved in the last two months of 2016, while the budget hotel operator plans to open further hotels during 2017.
London close: FTSE closes lower as pound firms against dollar on Trump fears
The FTSE 100 closed in the red on Monday as the pound gained against the dollar amid uncertainty about US President Donald Trump’s policies.
Impact of US border tax may be less negative than feared, JP Morgan says
Contrary to what some observers were saying, the impact of the new US President´s mooted 'border adjustment tax' on international equities might not be as negative as feared, analysts at JP Morgan said.
Small cap round up
EasyHotel is trading in line with expectations as the market improved in the last two months of December, while the budget hotel operator plans to open further hotels during 2017. The AIM-listed company said for the year ended 30 September the company had made “good progress” and is in line with expectations for both its owned and franchised hotels, and remains on track to deliver its development strategy.
FTSE 250 movers: Miners gain while bankers lose out
The FTSE 250 index fell 0. 26% to 18,103. 13 in the late afternoon.
BP starts up Thunderhorse South Expansion 11 months ahead of schedule
BP started up its Thunder Horse South Expansion in the Gulf of Mexico ahead of schedule and under budget, with the latter being the result of its use of standardised equipment instead of customised components.
Regulations to be cut by 75%, Trump tells business leaders
US President Donald Trump has met with the CEOs of several large US companies, telling the likes of Elon Musk and Mark Fields that regulations for companies will be cut "massively" during his term.
Ireland and Britain agree plan for new customs approach on NI border
Customs posts will not be set up on the Northern Irish border, after the Irish and British governments agreed that they would look at technology to facilitate trade following Brexit.
FTSE 100 movers: Paddy Power and banks lead London losers
The FTSE 100 was down over 0. 8% by late afternoon on Monday, with stocks swaying lower as sterling rose to a one-month high ahead of the Supreme Court's decision on triggering Article 50 for Brexit.
Lloyd's bank accounts targeted by cyber attack
Lloyd’s Banking Group’s three-day online banking glitch affecting 20m UK accounts was caused by a cyber attack.
Alliance Pharma to more than double revenue in 2016 results
Specialty pharmaceutical company Alliance Pharma announced its pre-close trading update ahead of its preliminary results for the year to 31 December on Monday.
Sector movers: Miners pace gains as dollar weakens on Trump
Steelmakers and miners found an unexpected ally at the start of the week in the form of a weaker US dollar in the wake of what a fair bit of market commentary appeared to label as a rather protectionist Inauguration Day speech by US President Donald Trump.
Augean expecting to toe the line in full-year results
Specialist waste management business Augean posted an update on Monday, ahead of issuing its preliminary results for the year ended 31 December.
US open: Stocks weaker over Trump concerns, dollar loses ground
US stocks opened weaker on Monday as investors mulled President Donald Trump’s policies, while the dollar continued to lose ground against major rivals.
Sainsbury's chairman caught using staff to work on country home
Sainsbury’s chairman has been sanctioned by the supermarket’s board after using the company’s staff and suppliers to revamp his country house.