The FTSE 100 Index closed Thursday down 0.75% to 7502 points, reaching a three-week low as investors weighted the impact of more rate hikes on the U.K. economy, IG Group Chief Market Analyst Chris Beauchamp says in a note.
BOE Signals Willingness for Further Tightening, Despite Recession Fears 1222 GMT - The Bank of England will raise rates at least once more in August, with rates unlikely to come down until the second half of 2024, Ruth Gregory, deputy chief U.K. ec.
0911 GMT - Renewi has ended fiscal 2023 slightly ahead of expectations and is successfully passing on cost inflation, Peel Hunt's Andrew Shepherd-Barron says in a research note. The London-listed waste-to-product business has seen meaningful accelerati. | 06:40am