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Asian shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the latest Federal Reserve m...
20/02/2023

Asian shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the latest Federal Reserve meeting and a reading on core inflation that could add to the risk of interest rates heading higher for longer.

Geopolitical tensions were ever present with North Korea firing more missiles and talk of Russia ramping up attacks in Ukraine before Friday's one-year anniversary of the invasion.

There were reports the White House planned new sanctions on Russia, while Secretary of State Antony Blinken on Saturday warned Beijing of consequences should it provide material support, including weapons, to Moscow.

FTSE 100 is expected to open higher back above 8,000 on what could be a quiet day with little in the way of company and ...
20/02/2023

FTSE 100 is expected to open higher back above 8,000 on what could be a quiet day with little in the way of company and economic news expected and with US markets closed for President’s Day.

Spread betting companies are calling the lead index up by around 16 points.

England's "Bazball" revolution continued apace on Sunday when the tourists wrapped up a thumping 267-run victory over Ne...
19/02/2023

England's "Bazball" revolution continued apace on Sunday when the tourists wrapped up a thumping 267-run victory over New Zealand in the first test on Sunday with the best part of two days to spare at Bay Oval.

It was a first test victory for England in New Zealand since 2008 and a 10th win in 11 matches since former Black Caps skipper Brendon "Baz" McCullum and Christchurch-born Ben Stokes took over as coach and captain.

The Black caps were perhaps still shellshocked after Stuart Broad's brilliant spell with the pink ball on Saturday evening and only Daryl Mitchell offered any real resistance as they slumped to 126 all out in the opening session of the fourth day.

Scottish Health Minister Humza Yousaf said on Saturday he would run in the leadership contest to replace Nicola Sturgeon...
19/02/2023

Scottish Health Minister Humza Yousaf said on Saturday he would run in the leadership contest to replace Nicola Sturgeon as Scottish National Party (SNP) leader and first minister.

Yousaf becomes the first to publicly announce his intention to stand in the race after Sturgeon's surprise resignation earlier in the week saying she had become too divisive and too tired to carry on.

"I have decided to put myself forward as a candidate to become Scotland's next First Minister, and Leader of the SNP," the 37-year old, who has been a member of the Scottish parliament since 2011 and has also held several ministerial roles, said on Twitter.

Royal Mail parent International Distributions Services PLC could see things go from bad to worse later on Thursday when ...
16/02/2023

Royal Mail parent International Distributions Services PLC could see things go from bad to worse later on Thursday when the Communication Workers Union (CWU) announces the result of its new strike ballot.

The FTSE 100 was up 0.1% at 8,005.02, having breached the 8,000 mark for the first time on Wednesday as worries about a ...
16/02/2023

The FTSE 100 was up 0.1% at 8,005.02, having breached the 8,000 mark for the first time on Wednesday as worries about a global recession continued to recede following better-than-expected US retail sales.

Simon MacAdam, senior global economist at Capital Economics, said: "A raft of strong data out of the US have poured cold water on the idea that its economy has tumbled into recession at the start of 2023. And this comes after GDP data revealed that the euro-zone and UK economies (narrowly) avoided outright contraction in Q4, in addition to a clear turnaround in the business surveys and further evidence that, if anything, labour markets have tightened in the past couple of months

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