Morning Markets: FTSE climbs despite sharp global losses

clock

The FTSE 100 has added 14.35 points (0.34%) to 4248.40 this morning despite news the outlook for jobs...

The FTSE 100 has added 14.35 points (0.34%) to 4248.40 this morning despite news the outlook for jobs in the UK is worse than the 1990s recession. National trade union TUC says the current jobs outlook is more like the recession of the 1980s. Thomson Reuters leads the way after announcing plans to abandon its London listing. It will remain on the New York and Toronto stock exchanges however. The media company is 5.46% to £17.20. Lonmin is leading the miners forward as bid speculation continues to surround the sector. It is 1.92% higher to £11.70. British Airways has begun to rebound f...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Fall in services output drags UK economy down by 0.3% in April
UK

Fall in services output drags UK economy down by 0.3% in April

Following 0.2% growth in March

Sorin Dojan
clock 12 June 2025 • 2 min read
UK budget in a bind as Reeves faces higher taxes or borrowing to cover Spending Review
UK

UK budget in a bind as Reeves faces higher taxes or borrowing to cover Spending Review

Yields could rise

Sorin Dojan
clock 12 June 2025 • 2 min read
UK to increase defence spending to 2.6% of GDP by 2027 as billions pledged
UK

UK to increase defence spending to 2.6% of GDP by 2027 as billions pledged

Military, housing and health getting a boost

Sorin Dojan
clock 11 June 2025 • 2 min read
Trustpilot