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Latest News - Gavin Lumsden

FTSE firmer as EasyJet spies break in the clouds

EasyJet, the last airline standing in a troubled sector, propels FTSE 100 higher after saying it has started to benefit from the woes of rivals.

Aberdeen Standard targets £250m with new logistics trust

Aberdeen Standard Investments jumps on the 'big box' distribution revolution with launch of first investment trust since its merger.

Tech trusts lead FTSE higher as US powers on

Scottish Mortgage and investment trusts exposed to tech titans and buoyant US economy dominate FTSE leader boards, while Spain's crisis fails to detract from a rally in Europe.

FTSE advances as pound falls on retail sales slide

In a reversal of yesterday, the FTSE 100 rose 0.5% and the pound fell a similar amount as data showed consumer spending slumped this month.

Strong pound and weak Glaxo push FTSE lower

The FTSE 100 lurched below 7,500 as a strong pound caused by better-than-expected economic growth blunted international blue chip stocks.

Woodford-backed Spire rejects bid approach

Spire Healthcare leaps 12% after rebuffing £1.2 billion offer from rival Mediclinic and Dialight and Pendragon plunge on profits warnings.

FTSE retreats as Unilever underwhelms, retail sales fall

UK stock market marks anniversary of Black Monday in an appropriate fashion with the FTSE 100 dropping 0.5%.

Wage growth and US advance lift FTSE higher

The FTSE 100 was on the front foot today, gaining 0.3% after good UK wage growth data and a positive opening on Wall Street.

Regulators hit Rio with £28m fine and fraud charge

US Securities and Exchange Commission accuses mining giant of cover up and Financial Conduct Authority imposes record penalty for failure to disclose loss-making acquisition.

Pearson leaps and Merlin dives as FTSE slips

Education group Pearson thrills investors with positive update after tough two years but Merlin Entertainments plunges as security fears deter visitors.

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