02.02.2022 - 06:57
Google owner defies tech sector gloom as ad spend surge boosts sales and profits
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17.01.2025 - 14:19
Business
Sky News
Major UK stock index closes on record high
The UK’s benchmark stock index has reached another record high.The FTSE 100 index of most valuable companies on the London Stock Exchange closed at 8,505.69, breaking the record set last May. It had already broken its intraday high at 8532.58 on Friday afternoon, meaning it reached a high not seen before during trading hours.Money blog: …
17.01.2025 - 09:04
Business
Sky News
Bad economic news brings end to market turbulence and interest rate benefits – as more cuts expected for 2025
A week of news showing the UK economy is slowing has ironically yielded a positive for mortgage holders and the broader economy itself – borrowing is now expected to become cheaper faster this year.Traders are now pricing in three interest rate cuts in 2025, according to data from the London Stock Exchange Group. Earlier this …
17.01.2025 - 06:31
Business
Sky News
Surprise fall in retail sales in crucial Christmas shopping month
There has been a surprise contraction in retail sales in December, despite the month being key for many retailers due to Christmas shopping, official figures show.Retail sales fell 0.3% last month, according to the Office for National Statistics (ONS). No drop at all was expected, not least a 0.3% drop. Sales growth of 0.4% had …
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