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LONDON MARKET CLOSE: Stocks red, sterling slumps after BoE decision

LONDON MARKET CLOSE: Stocks red, sterling slumps after BoE decision
lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.

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Stocks red, sterling slumps after BoE decision

Stock prices in London closed in the red on Thursday after the Bank of England raised UK interest rates by another 25 basis points, taking the benchmark bank rate to a 15-year-high.

The FTSE 100. | May 11, 2023 ....

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Wednesday preview: US durable goods, Microsoft in focus

Financial markets' attention in the middle of the week would continue to be trained on the US.
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Investors have their work cut out in finding the real AI opportunities amid the hype

Research found investment in the technology has grown 150% since 2019 to nearly $180bn ....

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AI frenzy puts chips back onto the menu: Buy the tech behind revolution

Slavishly following fashion when building a portfolio is not a good idea. But acknowledging trends makes sense - and ChatGPT is part of a mega trend. ....

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