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News
UK's FTSE 100 Drops; Associated British Foods Leads Fallers
2+ day, 13+ hour ago (65+ words) Yahoo Finance UK UK's FTSE 100 Drops; Associated British Foods Leads Fallers British equities remained in negative territory on Thursday, with the FTSE 100 closing 0.55% lower, as persistent US-Iran attacks on shipping disrupted oil flows through the Strait of Hormuz, keeping Brent…...
Fixed Isa rates jump in ‘positive’ step for savers looking for guaranteed return
2+ day, 18+ hour ago (191+ words) Some average fixed Isa rates on the market have increased to the highest level since 2024, in a "welcome boost" for savers, according to a financial information website. Moneyfacts said the average one-year fixed Isa rate was 4.26% at the start of…...
Don’t delay on mortgage deals, homeowners warned as Nationwide becomes latest lender to raise rates
2+ day, 17+ hour ago (667+ words) Homeowners are being warned not to delay renewing a mortgage deal after Nationwide Building Society become the latest major lender in the UK to lift rates. As bond yields have risen this past few weeks, swap rates have climbed – the…...
AirBaltic bond yields soar as embattled carrier faces crunch creditor meeting
3+ day, 29+ min ago (473+ words) Sept 10 (Reuters) - Bond yields on embattled airline airBaltic's debt are sending a warning signal ahead of a crunch investor meeting this week. Yields hit a record high on Wednesday, reflecting investor anxiety ahead of Friday's meeting that will decide the…...
London Shares Extend Losses as Oil Prices Surge
3+ day, 13+ hour ago (60+ words) Yahoo Finance UK London Shares Extend Losses as Oil Prices Surge London's FTSE 100 index dropped 1.31% on Wednesday's close as worsening conflict in the Middle East and fuel shortage concerns pushed Brent crude past $100 a barrel for the first time since…...
EU wants to edge out China in public contracts
3+ day, 18+ hour ago (339+ words) The European Union on Wednesday proposed new rules to encourage member states to choose domestic companies over Chinese bidders in government contracts. The reform is part of efforts to favour European firms and boost the 27-country bloc's key industries against…...
Martin Lewis tells all teenagers how to get £50 for free
3+ day, 20+ hour ago (516+ words) Teenagers could get £50 for free if they switch to a different bank account, according to Money Saving Expert's Martin Lewis. In a bid to help parents be smarter with how they help their child save for their future, Mr Lewis…...
ECB meets, weighing a tricky balance between savers and spenders
4+ day, 3+ hour ago (627+ words) The European Central Bank is widely expected to raise its key interest rate after a two-day meeting starting Wednesday, trying to push down inflation without denting economic growth. Higher borrowing costs put a damper on spending plans for both firms…...
Italy's League says banks should contribute up to €3 billion to state budget in 2027
4+ day, 14+ hour ago (268+ words) ROME, Sept 8 (Reuters) - Italian banks should contribute up to €3 billion euros ($3.49 billion) to help the government fund tax cuts and spending hikes in next year's budget, the co-ruling League party said in a statement on Tuesday. A 5% levy (on profits)…...
UK Stocks Slip Amid Prolonged US-Iran Conflict, Subdued Consumption
4+ day, 13+ hour ago (58+ words) Yahoo Finance UK UK Stocks Slip Amid Prolonged US-Iran Conflict, Subdued Consumption British equities traded lower on Tuesday, ending 0.10% in the red, as oil prices climbed on rising hostilities between the US and Iran while UK consumer activity remained subdued....