Latest News - Gavin Lumsden
Tesco slashes dividend and rushes in new boss
The FTSE 100 rises despite shares in the UK's largest retailer tumbling on a second profits warning in two months.
Tesco leaps as Clarke quits but alert weighs on FTSE
Tesco shares rise after the ousting of chief executive Phil Clarke but the FTSE 100 falls amid caution at events in Ukraine and Gaza.
Mark Barnett’s funds to exit UK Equity Income sector
The reclassification leaves Invesco Perpetual with just one fund in the sector that made its name.
Shire soars as investors bid assets (& dolphins) higher
The FTSE 100 rises for a third day as Shire shares surge after a bid approach. It's been a good week for markets but unease is growing.
FTSE rallies on dovish Fed as Rolls-Royce pleases
Smiles all round after the US Federal Reserve takes a soft line on interest rates and Rolls-Royce sets aside £1 billion for shareholders.
FTSE gains as MPC votes to keep rates frozen
Investors were left confused as Bank of England policy makers voted unanimously to keep interest rates at 0.5%.
Shire up, Xaar down; FTSE falls as inflation drops
The FTSE 100 falls back after a drop in UK inflation increases interest rate uncertainty. Shire rises on bid talk, Xaar dives on a profits alert.
BT leads FTSE lower over pension deficit fears
The pound and the oil price extended their gains while the FTSE 100 fell further as events in Iraq continued to worry investors.
FTSE falls 1.2% as rate rise could occur in August
The UK stock market tumbled as investors took fright at the Bank of England's interest rate warning and the Iraq conflict.
World Bank and Lufthansa cast shadow over FTSE
The FTSE 100 falls again after the World Bank cuts global growth forecasts and German airline Lufthansa warns on profits.