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Latest News - Gavin Lumsden

AA share price crash latest blow to Neil Woodford

Fund manager hit by third stock upset after AA Group fires executive chairman Bob Mackenzie for gross misconduct and lowers full-year forecasts.

FTSE falters but pound rallies on weak US data

UK stock market ends week on downbeat note after weak US inflation figures and uninspiring results from Wall Street banks.

The Expert View: RBS, Tesco and Burberry

Our daily roundup of analyst commentary on shares, also including Barratt Developments and Schroders.

Music royalty fund delays flotation by three weeks

Hipgnosis Songs Fund extends its initial public offer until 1 August to give second big investor time to do due diligence.

Pound falls: weak data undermine case for rate rise

Good US jobs data lift FTSE 100 but blue chip index struggles to make headway as sharp drop in oil price offsets the boost from weak pound.

FTSE falters after Fed splits and ECB uneases bonds

(Update) The FTSE 100 and global markets step back in response to uncertainty over central bank interest rate policies in US and Europe.

FTSE firm as Worldpay falls to $10bn bid

FTSE 100 edged higher as shares in Worldpay Group plunged 9% after bid battle for Britain's largest payment processor did not unfold.

Worldpay soars as bidders circle Buxton stock

FTSE 100 drifts lower despite shares in Britain's largest payment processor soaring 22% on takeover approaches.

Miners lift FTSE, pound falls on manufacturing data

UK shares start second half of year in positive form but one fund manager trims UK holdings citing toppy valuations.

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

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

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