UK prime minister Boris Johnson said that people must work from home where possible from Monday and that face masks would be a legal requirement in most public indoor areas such as theatres and cinemas from Friday. Photo: Adrian Dennis-WPA Pool/Getty Images European stock markets tumbled into the red on Thursday as England is set to impose its COVID Plan B amid fears of a rise in Omicron cases. In London, the FTSE 100 (^FTSE) shed 0.4%, while the CAC (^FCHI) dropped 0.3% and the DAX (^GDAXI)… Source link
Read More »FTSE 100 follows Asian stocks lower on property market jitters
Chinese property developer Evergrande sent shockwaves through stock markets on Monday morning. Photo: STR/AFP via Getty European stocks fell at the open on Monday morning in London following news of an energy market crunch in Europe and sharp losses in Asia as investors fled from property stocks. The FTSE 100 (^FTSE) was 1.6% lower by mid-morning in London. Germany’s DAX (^GDAXI) and France’s CAC (^FCHI) both fell around 2.3%. Investors in the UK were watching for movement in the UK energy… Source link
Read More »FTSE falls as Johnson unveils tax rises
UK prime minister Boris Johnson plans to raise national insurance rates by an expected 1.25 percentage points. Photo: Toby Melville/Pool/Reuters Markets made moves lower on Tuesday in London as an announcement by prime minister Boris Johnson that the UK will implement a tax rise of more than £12bn a year reverberated. The tax rise will finance a new tranche of spending on health and social care and has been met with a wave of opposition from Conservative MPs. It is the largest tax increase in… Source link
Read More »FTSE 100 plummets as Boris Johnson and Rishi Sunak isolate on ‘Freedom Day’
News broke over the weekend that Boris Johnson would have to self-isolate following contact with health secretary Sajid Javid, who tested positive for coronavirus. Photo: David Rose/AFP via Getty Images The sell-off in European stocks lengthened into the afternoon on Monday as investors digested the latest coronavirus caseloads on what has been dubbed ‘freedom day’ in England. On Monday, England moved to its final stage of relaxing coronavirus restrictions, despite concern from scientists… Source link
Read More »FTSE recovers from Yellen-driven sell-off
TipRanks These 3 Esports Stocks Have Over 60% Upside in Sight, Say Analysts Competitive gaming, or esports, is a fast-growing subset of the online video gaming industry. Video game popularity, for a long time, was driven by its niche appeal – gamer communities developed, and it seems that every game genre has its own fandom. Fantasy leagues adapted well to online gaming, and the networked systems saw the introduction of massive multi-player role playing games. Like many online services,… Source link
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