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  • FTSE suffers worst day since April amid credit market jitters

    Banking

    The FTSE 100 suffered its worst session since April on Friday, after a sell-off in US regional banks caused jitters to sweep through global equities markets. Banks led losses on the UK’s blue-chip index as a risk-off mood prevailed across the world, with bond yields falling and the price of gold hitting yet another all-time [...]

    Barclays investment bank income soared in the first quarter.
  • Asos shares plunge as investors lose confidence

    Retail

    Asos shares have slumped more than eight per cent in early deals this morning, extending losses recorded over the past few months as investors have lost confidence in the retailer’s turnaround plan. The e-commerce firm’s share price has dropped by a third in the last month and has fallen by half since the start of [...]

    Asos stock performance graph showing over 2% decline despite reduced losses and 14% revenue drop in early 2023

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