FTSE 100

Biffa recommended shareholders accept a 410p per share bid from private equity firm Energy Capital Partners. The deal values the waste management company at £ ...

The international payments specialist saw its total revenues grow by 127%. Cornerstone FS said the strong trading momentum seen in the first half continued in the second six months of the financial year. It expects full-year results broadly in line with expectations.

UK blue chip index off worst levels, while the pound edges higher despite talk of parity with both dollar and euro.

Reid said: "The country’s government bonds were completely routed for a second day, with yields on 5yr gilts up by +47.8bps to a post-2008 high of 4.52%. As a consequence, the CMA has applied a substantial discount in determining its final penalty of £1.485mln." Some economists believe that, despite the Bank declining an emergency rate rise, this week will see a number of members of its monetary policy committee attempting to support sterling by making tough comments about the need for increases. These glimpses of light at the end of what’s been a gloomy tunnel in China have helped lift commodity giants in early trade in London." [Rightmove PLC (LSE:RMV)](https://www.proactiveinvestors.co.uk/LON:RMV/Rightmove-PLC/) is leading the fallers, down 4.88%. Jane Foley, senior FX strategist at Rabobank said: "There has been a loose discussion in the market about the prospect of GBP/USD hitting parity for some months. "GBP/USD has edged higher in early European hours this morning, suggesting the extreme cheapening of UK assets over the past couple of sessions is attracting some interest. The magnitude of Britain’s trade current account deficit underscores the seriousness of its challenges. I was surprised when the new chancellor spoke over the weekend of the need for even more tax cuts. Each of these figures will shed light on how the world’s biggest economy is faring amid prevailing concerns. “But of course, the rising sovereign yields are also becoming attractive. “When the likes of

Markets have been assessing the impact of a sinking pound and the prospect of dramatic increases increases in UK rates causing severe volatility in Uk assets.

“These glimpses of light at the end of what’s been a gloomy tunnel in China have helped lift commodity giants in early trade in London with Anglo America and Rio Tinto among the top risers on the FTSE100, amid hopes of higher demand for metals.” Mining stocks were among the top performers on the FTSE 100 on Tuesday as the promise of increased demand for natural resources in China helped lift the sector. The FTSE 100 was little changed on Tuesday having been in both significantly negative and positive on the day.

It felt like the calm after the storm on Tuesday morning as sterling stabilised and the FTSE 100 made modest progress,” says AJ Bell Investment Director ...

What seems to be lacking is the right kind of effective marketing to get people to hand over more cash. “The rise in the cost of long-term borrowing can hurt mortgage lenders unless they can push up their own lending rates to allow for a small profit margin. “There is an advantage of the Bank of England not moving on rates just yet.

The pound has fought back from record lows touched in reaction to Kwasi Kwarteng's tax-slashing mini budget, while according to opening calls, the FTSE 100 ...

The FTSE 100 rose over 27 points in opening trade to 7048.65, a gain of 0.4%. Rightmove, the online estate agency and bellwether for the UK housing market fell 4.4p to 545p. NatWest fell 1.1p to 232p. Barratt Developments fell 2.2p to 383p. Rightmove, the online estate agency and bellwether for the housing market, was among the biggest single fallers, down 21p to 528p. Anglo American was up 50p to 2647p. Rio Tinto gained 69p to 4767p. But signs of stress remained. After it came out, the broad US equity index gained 21 points to 3,681.20, snapping a six-session losing streak. The firm’s market cap fell below £500 million this week, a drop of over 90% from its June 2020 high of over £5 billion. Persimmon failed to hold opening gains of around 17p to stand 6p lower overall at 1258p. It extended a marginal overall rise notched up by the end of the previous session, which came after the Treasury pledged to outline further details of it intentions on spending in the spring and the Bank of England said it was watching the markets and would

UK blue chip index lacks direction while the pound edges higher despite talk of parity with both dollar and euro, as Bank's economist talks...

Reid said: "The country’s government bonds were completely routed for a second day, with yields on 5yr gilts up by +47.8bps to a post-2008 high of 4.52%. As a consequence, the CMA has applied a substantial discount in determining its final penalty of £1.485mln." [Rightmove PLC (LSE:RMV)](https://www.proactiveinvestors.co.uk/LON:RMV/Rightmove-PLC/) is leading the fallers, down 4.88%. Some economists believe that, despite the Bank declining an emergency rate rise, this week will see a number of members of its monetary policy committee attempting to support sterling by making tough comments about the need for increases. These glimpses of light at the end of what’s been a gloomy tunnel in China have helped lift commodity giants in early trade in London." "GBP/USD has edged higher in early European hours this morning, suggesting the extreme cheapening of UK assets over the past couple of sessions is attracting some interest. Jane Foley, senior FX strategist at Rabobank said: "There has been a loose discussion in the market about the prospect of GBP/USD hitting parity for some months. The magnitude of Britain’s trade current account deficit underscores the seriousness of its challenges. I was surprised when the new chancellor spoke over the weekend of the need for even more tax cuts. [United Utilities Group PLC (LSE:UU.)](https://www.proactiveinvestors.co.uk/LON:UU./United-Utilities-Group-PLC/) is down 3.99% after warning on profits. “But of course, the rising sovereign yields are also becoming attractive. “When the likes of

The Bank of England failed to raise rates, but markets doubt governor Andrew Bailey can avoid an emergency meeting amid bets on sterling slide.

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The pound and UK stock prices stabilised early Tuesday following a volatile day to start the week, though the investment mood remained jumpy.

Revenue will be nearly tripled from the £834.2 million recorded in the Covid-19 hit prior year. ‘Yesterday's statement from the Treasury indicates that the government will ensure that debt falls as a share of GDP in the medium-term,’ Rabobank said. Elsewhere on the M&A front, a deal to acquire wealth manager Brewin Dolphin has come into effect. The euro rose to $0.9662 early Tuesday UK time from $0.9626 at the European equities close on Monday. The UK government moved to calm tetchy currency markets, announcing it will now publish a ‘medium-term fiscal plan’ in November. There is also a US consumer confidence reading at 1500 BST. The Cboe UK 100 index was up 0.9% at 705.29. Sterling fetched $1.0832 early Tuesday, up from $1.0655 at the London equities close on Monday. The FTSE 100 index was up 42.30 points, or 0.6%, at 7,063.25 early Tuesday. This weaker consumption will continue into the second half, hurting full-year revenue, United Utilities said. ‘In our view there will be no let-up in USD dominance for some months to come,’ commented Rabobank, adding: ‘Amid concerns about the pace of global growth, higher Fed rates have only served to underpin the safe haven attraction of the USD. The Nikkei 225 index in Tokyo closed 0.5% higher, while the S&P/ASX 200 in Sydney ended up 0.4%.

As the pound crashes and interest-rate-rise expectations rocket, FTSE 100 shares have fallen below 7000. They now look unmissable value to me.

I accept that I will never buy at the absolute bottom of the market. If FTSE 100 shares do fall further, I’ll simply buy more at the lower price. Property shortages should limit the chances of a full-blown house price crash. I believe the longer I invest, the better my chances of generating serious wealth from the stock market. Yet I still think this is a good sector to invest in. The index could easily fall further tomorrow. That’s the lowest level of the year. I’ll leave others to discuss the politics of Kwarteng’s controversial budget. Some individual stocks on the lead index have fallen fast this morning. There are even reports that the Bank of England may have to announce an immediate base rate hike to stop the pound’s rout. So already I’m getting 0.21% more income as a result of today’s drop. The index has fallen 1.11% to 6,940, at time of writing.