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Tag Archives: Consumer Confidence

FTSE 100 Live: Pound dips to $1.11, Retail sales fall

1666351895 Pound touches $1.11 as traders measure UK political risk factors The UK’s turbulent politics were feeding through into the value of the pound as speculation over the identity of the country’s next prime minister reveberated around the City and across Westminster. Its low point for the day took sterling …

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FTSE 100 Live 19 November: UK retail sales, consumer confidence figures, household spending, UK inflation, Alibaba shares, China shopping, Kingfisher update

Austria lockdown weakens travel stocks, FTSE 100 lower More strong sales figures from B&Q failed to stop shares in owner Kingfisher sliding today amid City fears that weary DIYers are planning a home improvement breather. The group, which also owns Screwfix, believes “enduring” industry trends created by the pandemic, such …

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U.K. Inflation Ticks Higher on Its Way Toward BOE’s 2% Target

Photographer: Hollie Adams/Bloomberg Photographer: Hollie Adams/Bloomberg U.K. inflation unexpectedly accelerated in January, in what economists say is the first step toward a significant increase that could bring the rate close to the Bank of England 2% target later this year. Prices climbed 0.7% from a year earlier, boosted by the …

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