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Markets

  • Oil prices soar two per cent following US-UK military strikes on Houthi rebels in Yemen 

    January 12, 2024

    Oil prices surged by over 2% on Friday due to military strikes conducted by the United States and Britain against Houthi military targets in Yemen.

  • Odey Asset Management partners pocket £64m in last payout before wind down

    January 11, 2024

    The partners of Odey Asset Management are set to pocket nearly £64m for the firm’s final year of operations as it is wound down following allegations of sexual assault against founder Crispin Odey.

  • Government needs ‘do-ers’ to solve London’s market malaise, says Research Review chief

    January 11, 2024

    Rachel Kent, senior partner at Hogan Lovells, says action is needed to boost London's capital markets this year.

  • Moving markets: Five things shaping the FTSE 100 today

    January 11, 2024

    Asian markets follow Wall Street higher, with Japan's Nikkei surpassing 35,000, oil prices climbing, and the SEC approving the first spot Bitcoin ETFs, all while keeping a close eye on pivotal factors such as inflation and earnings.

  • Shares in Admiral and Direct Line sink after FCA regulator takes aim at premium finance

    January 10, 2024

    In an interview with Insurance Post, Matt Brewis, head of insurance at the Financial Conduct Authority (FCA), described premium finance as a "poor product".

  • Quilter calls in ex-Hargreaves Lansdown boss as wealth manager looks to ride out turmoil

    January 10, 2024

    FTSE 250 wealth manager Quilter has called in former Hargreaves Lansdown chief Chris Hill to its board today as the firm looks to beat the troubles squeezing UK money managers this year.

  • Belvoir swallowed up by rival in £110m deal to create letting agents giant

    January 10, 2024

    The Property Franchise Group (TPFG) and Belvoir Group have today announced they have agreed on the terms of an all-share merger

  • A stronger pound and ‘bond vigilantes’: What should markets expect ahead of an election

    January 10, 2024

    Vivek Paul, chief investment strategist at Blackrock, warned that election season might encourage both parties to "promise looser fiscal policy".

  • Moving markets today: What’s shaping the FTSE 100 this morning

    January 10, 2024

    Today's market highlights: Japan's Nikkei 225 at a 33-year high, stable U.S. Dollar, Bitcoin's rollercoaster, ongoing oil price surge, and anticipation for U.S. inflation figures.

  • Cryptocurrency chaos: Bitcoin’s wild ride on fake SEC greenlight for ETFs

    January 10, 2024

    Cryptocurrency markets experienced a rollercoaster ride following a false announcement on the U.S. Securities and Exchange Commission's (SEC) official social media account, X.

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