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UK Market News
Posted By: Kate Ayers
Kate Ayers

Kate has a Degree in Economics from Nottingham University and has been specialised in economic journalism for over 7 years. Through her vast knowledge of global politics and economic conditions we are able to offer an insight into the latest developments which can influence financial markets.

Data Centre

AIM listed IT managed services provider Redcentric has disclosed that it has discovered accounting irregularities and has sacked its CFO. The company said that it is currently calculating its banking covenants after it identified that its accounts...

By Kate Ayers on Nov 7th, 2016
Maersk

A.P. Moller-Maersk A/S released its third quarter profit showing a 43 percent decline taking another hit from overcapacity in the industry. Net income of the world’s larger container line declined to $429 million in the third quarter, lower...

By Kate Ayers on Nov 2nd, 2016
EU Building

Official figures released on Monday showed during October inflation within the eurozone economy grew to its highest point in over two years as oil prices bounced back from decade lows whilst growth remained flat. According to data released...

By Kate Ayers on Oct 31st, 2016
Bank of Ireland

The Bank of Ireland was able to issue an additional 1 billion euros in new loans for the first nine months of this year, higher than last year’s record of the same period, according to reports from the bank. The interim management statement...

By Kate Ayers on Oct 28th, 2016
British Airways

International Consolidated Airlines Group posted its nine-month report to September 30 with a lower operating profit for the third quarter of 1.21 billion euros before exceptional items on Friday, lower than the previous year’s 1.25 billion...

By Kate Ayers on Oct 28th, 2016
Federal Reserve

The dollar rose up to a three-month record against the yen on Friday as it rose against the majority of major currencies during the month whilst investors awaiting U.S. third-quarter growth figures later in the day. Positive GDP data would...

By Kate Ayers on Oct 28th, 2016
Big Ben, London

The U.K. economy is performing better than economists predicted in the quarter after the EU referendum held in July due to an increase in the service sector. The economy experienced an expansion of 0.5 percent, higher than the median analysts...

By Kate Ayers on Oct 27th, 2016
Metro Bank

Metro Bank reported a 78 percent increase in its third quarter revenues year-on-year to 53.4 million pounds, helping the British retail bank rebound back into the black with a pre-tax profit of 0.6 million pounds as compared to its loss of...

By Kate Ayers on Oct 25th, 2016
EU Commission

The European Commission has disclosed new proposals on Tuesday which will streamline tax rules across the EU and close existing loopholes employed for tax avoidance following the rejection of reforms which were suggesting in 2011. Whilst the...

By Kate Ayers on Oct 25th, 2016
ECB Building

The euro has hit a seven-month low against the dollar as investors review the differing policies of EU and US central banks. Investors are concerned that a thriving dollar will pressure earnings across US businesses which have exposure across...

By Kate Ayers on Oct 21st, 2016