UK lender RBS appoints Alison Rose as chief executive

The state-owned lender will also become the only company in the FTSE 100 index with women in both its top two executive positions, following Katie Murray’s appointment as chief financial officer last year. Howard Davies, RBS chairman, said: “I am deli...

U.K. government submits written documents on how to get around backstop: report

The U.K. government has submitted documents to the European Commission that outline in writing for the first time Boris Johnson's ideas on how to end the Brexit impasse, BuzzFeed News reported, citing three sources. The documents in particular focus on how to get around the issue of the so-called backstop, though the report didn't say what those proposals were. The pound exchanged hands at $1.2482, up from $1.2472 on Wednesday.

U.K. retail sales slip 0.2% in August

U.K. retail sales fell 0.2% in August, as the prior month's gain from Amazon Prime Day reversed with a drop in non-store retailing. Economists polled by FactSet had forecast a 0.2% dip. The year-on-year growth rate slowed to 2.7% from 3.3%.

U.K. CPI slows more than forecast to 1.7% growth rate

U.K. consumer prices slowed to 1.7% year-over-year growth in August from 2.1% in July, the Office for National Statistics said Wednesday. Economists polled by FactSet expected a 1.9% rise. Core CPI slowed to 1.5% from 1.9%. The ONS said the decline cam...

NewsBreak: European Stocks Open Lower as Oil Fears Persist

Investing.com -- European stock markets opened lower Tuesday as concerns over the spike in oil prices continued to weigh on markets. Asian stocks had also weakened overnight, after the U.S. reportedly shared intelligence with Saudi Arabia showing that Iran was responsible for the weekend attack on its oil facilities. Saudi Arabia hasn't yet joined the U.S. in publicly blaming Iran, something that could raise the likelihood of a coordinated response against the Islamic Republic.

BP, Shell stocks rally while FTSE 100 slips

The heavy exposure of the U.K. to the energy sector was on display on Monday, as the FTSE 100 outperformed most global benchmarks in wake of the attacks on Saudi Arabia that has taken half of its production offline.

Could ESG trump oil for older investors?

At the FT Weekend Festival last weekend, Rhian-Mari Thomas, chief executive of the new (and exciting) Green Finance Institute, pointed out to the audience that, over the past decade, green has firmly trumped black. If you had invested in the FTSE All-...

Ovo to buy SSE retail energy business in £500m deal

Ovo Energy has struck a £500m deal for the UK household business of its bigger rival SSE in a bold move that will turn it into one of Britain’s biggest energy suppliers, second only to British Gas. Founded a decade ago by former city trader Stephen Fi...

LSE bid helps lift U.K. stocks

LONDON MARKETS The surprise unsolicited bid for the London Stock Exchange helped boost U.K. stocks on Thursday. Shares of the LSE (UK:LSE) rallied 5% to 7168 pence as Hong Kong Exchanges and Clearing published details of its nearly 30 billion pound ca...

LSE bid helps lift U.K. stocks

LONDON MARKETS The surprise unsolicited bid for the London Stock Exchange helped boost U.K. stocks on Thursday. Shares of the LSE (UK:LSE) rallied 5% to 7168 pence as Hong Kong Exchanges and Clearing published details of its nearly 30 billion pound ca...

“A budget is telling your money where to go instead of wondering where it went”

Dave Ramsey
Request a Callback

Fill in the form below and a member of our team will endeavour to respond to you within 24 hours.