FTSE Slips as Banks Slide on Windfall Tax Fears

FTSE falls as UK banks slump on windfall tax fears; investors await key US inflation data.
FTSE falls as UK banks slump on windfall tax fears; investors await key US inflation data.
Gold steadies near $3,397 as Trump-Fed feud boosts September rate cut bets and safe-haven demand.
FTSE edges up before key US data, Drax sinks on probe, Tungsten West surges.
Drax shares sink as FCA opened probe into biomass disclosures covering 2021–2023 reports.
PPHE shares drop 10% after losses widen, costs climb, and earnings outlook is cut.
Another energy bill rise deepens UK household strain, with debt fears sparking talk of an IMF bailout.
JD Sports adds £100m buyback as shares rise, despite sales declines across core markets.
FTSE opens higher as energy bills rise, JD Sports surges on outlook and share buyback.
Gold eases in Asia, reversing Tuesday’s rally sparked by Trump’s attempted removal of Fed Governor Cook.
Bunzl shares surge as buyback restarts, offsetting weak profit and slim sales growth in first half.
FTSE falls as traders return, BAT hit by CFO exit, Old Mutual and ITM rise.
Lloyds shares rally on upgrades and insider buying, but risks remain tied to UK economic conditions.
FTSE 100 hits new record as Powell hints at September cut, lifting Wall Street rebound.
Gold slips as traders await Powell’s Jackson Hole speech for signals on Fed policy and rates.
Revolution Beauty ends sales talks, raises £15m, brings back founders to lead turnaround; shares rise 10%.
London stocks dip before Powell speech. Revolution Beauty rallies on placing, Warehouse REIT pressured by takeover standoff.
FTSE closes above 9,300 for first time; WH Smith plunges, Renishaw rallies, Wall Street drifts.
Gold slips on hawkish Fed signals; traders await Powell at Jackson Hole amid geopolitical uncertainty.
Hays annual profit collapses 90%, dividend slashed as hiring market remains weak.
WH Smith cuts North America profit guidance, shares drop sharply as accounting error comes to light.
FTSE steady as UK borrowing falls, but WH Smith plunges on shock North America profit hit.
FTSE 100 hits record high despite hot UK inflation and tech slump dragging Wall Street lower.
London stocks drop after inflation surprise, with OSB profit slump and global tech-driven market caution.
UK inflation hit 3.8% in July, driven by air fares and food, raising stagflation fears
Gold steadies above $3,325 as traders await Powell’s Jackson Hole speech for clarity on US rates.
FTSE 100 edges higher on summit optimism, with retailers and miners up but IWG plunging.
Gold rebounds as traders watch Trump-Zelensky talks and weigh tentative Ukraine peace plan against market risk.
FTSE 100 edges higher as defence stocks climb, miners fall, and markets eye Jackson Hole symposium.
Gold slips from midweek highs as traders weigh Fed rate cut odds and geopolitical developments.
FTSE 100 dips as ex-dividend stocks weigh, while insurers jump on upbeat earnings and UK GDP beats.
UK growth slowdown and widening trade gap threaten Reeves’s fiscal targets as inflation and economic strain persist.
Unfunded $34.5bn Chrome bid arrives amid antitrust pressure, but analysts doubt Google would ever sell.
Claire’s UK collapse threat highlights falling footfall, online competition and the accelerating decline of Britain’s high streets.
Gold steady as traders await US inflation data after tariff suspension and easing geopolitical tensions.
Lloyds embraces PayPoint’s BankLocal, expanding cash deposit access while raising questions over the future of branches.
Spirax rallies after earnings beat, Electric Thermal leads growth, restructuring set to boost margins in second half.
FTSE lifts as Trump extends US-China tariff truce, with focus now on US inflation data.
Tesla aims to disrupt UK energy market, potential for cheaper bills but risks remain.
New Princes plans a £700 million London IPO aiming to revive the UK market and boost investor confidence.
Gold falls as geopolitical tensions ease, shifting focus to U.S. inflation data.