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News by: Gavin Lumsden

Sterling falls, FTSE slips as UK faces ‘moment of truth’

by Gavin Lumsden on Jun 20, 2017 at 14:34

George Soros, billionaire speculator who ‘broke the Bank of England’ in 1992, predicts Brexit could be reversed if economic damage is too high.

SFO charges Barclays and four former bosses

by Charles Walmsley, Gavin Lumsden on Jun 20, 2017 at 08:22

(Update) Serious Fraud Office takes unprecedented step of placing criminal charges against Barclays and four former senior executives.

FTSE rallies 1% as tech rebounds, Macron wins big

by Gavin Lumsden on Jun 19, 2017 at 17:30

Brexit fears set aside as US technology stocks rally and Europe lifted by French president Macron's electoral success.

Tesco seals recovery as FTSE rallies

by Gavin Lumsden on Jun 16, 2017 at 13:01

Bargain hunters and confidence from a deal between Greece and its creditors buoyed European markets after a troubled week.

FTSE dives as Bank splits over inflation threat

by Gavin Lumsden on Jun 15, 2017 at 16:24

Mid-cap stocks plunge, gilts slide as retail sales drop and three Bank of England policymakers vote for interest rate rise.

Mark Barnett: UK politics ‘in a mess’ but I’m OK

by Gavin Lumsden on Jun 15, 2017 at 15:38

Invesco Perpetual equity income fund manager loses his Citywire rating after a difficult year but remains positive on post-election markets.

Buoyant builders fail to prop up FTSE as oil falls

by Gavin Lumsden on Jun 14, 2017 at 11:40

A late drop in oil prices saps energy stocks and pushes FTSE 100 into the red, though house builder Bellway boosts sentiment.

Strong pound hits FTSE as ’mid caps’ rebound

by Gavin Lumsden on Jun 13, 2017 at 17:05

FTSE 100 falls despite global recovery in tech stocks. Outsourcer Capita leads strong performance by small domestic stocks.

Tech sell-off hits FTSE as sterling slide continues

by Gavin Lumsden on Jun 12, 2017 at 13:07

Rally in oil and energy stocks can't prop up FTSE 100 weighed down by falling tech stocks. Pound slips further in post-election uncertainty.

What the general election shock means for stocks

by Daniel Grote, Danielle Levy, Gavin Lumsden on Jun 09, 2017 at 14:39

Fund managers believe Tories' failure to win a majority could lead to another election and a second EU referendum, weighing on some areas of the stock market.

May clings to power with DUP deal as gamble backfires

by Daniel Grote, Gavin Lumsden on Jun 09, 2017 at 11:10

Conservatives reportedly strike deal with Democratic Unionists to form government after losing majority in snap election.

FTSE falls as vote looms but bank bailout no worry

by Daniel Grote, Gavin Lumsden on Jun 07, 2017 at 17:15

The FTSE 100 retreats 46 points to 7,478 as UK prepares to go to the polls tomorrow but there was no upset by Santander's bailout of Spanish rival Popular.

ISA increase lifts fund sales to record £4.9bn

by Gavin Lumsden on Jun 05, 2017 at 00:00

Sales of open-ended funds hit an all-time high in April as investors took advantage of a rise in the annual ISA allowance to £20,000.

The Accumulator: tough week for pound as polls tighten

by Gavin Lumsden on Jun 02, 2017 at 15:47

The prospect of a hung Parliament saw sterling retreat while FTSE 100 modestly extended its impressive 12-month gains.

 

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