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Tag Archives: FTSE100

Bleak Retail Sales Figures Drive Sharpest FTSE Decline in Three Months 

In December 2023, retail sales in the United Kingdom took a concerning turn, experiencing a sizable drop of 3.2% compared to the previous month. This decrease far surpassed analyst predictions of a 0.5% decline and marked the steepest monthly downturn since the onset of the pandemic in January 2021. The abrupt reversal came on the […]

UK Stocks Regain Ground as NEXT Reaches All-Time High

UK Stocks Rebound as NEXT Plc Achieves All-Time High On January 4th, the FTSE 100 made a strong comeback, rebounding by 0.5% to surpass 7720 after facing two consecutive sessions of losses. (FTSE100,1-Year Chart)  Notably, energy shares, including BP, increased by 0.5% after terminating their agreement with Equinor for supplying power to New York state […]