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TOP NEWS: UK construction sector continues expanding but outlook sours

4 Nov 2022, 10:04am

(Alliance News) - The UK's construction sector output rose at the fastest pace in five months during October, according to survey results released on Friday, but new orders and business...

LONDON MARKET OPEN: FTSE 100 boosted by miners as commodities rise

4 Nov 2022, 09:01am

(Alliance News) - Stocks were higher in London early Friday, as mining stocks lifted the FTSE 100, buoyed by rumours of an end to China's zero-tolerance Covid policies. ...

TOP NEWS: AstraZeneca's Beyfortus wins EU approval for RSV in newborns

4 Nov 2022, 08:08am

(Alliance News) - AstraZeneca PLC on Friday said its respiratory syncytial virus treatment Beyfortus, or nirsevimab, which it develops with Sanofi SA, has received EU approval for prevention of the...

LONDON BRIEFING: Stocks called higher; US job growth expected to slow

4 Nov 2022, 07:49am

(Alliance News) - Stock prices in London were called higher on Friday in the wake of US Federal Reserve and Bank of England rate hikes, as markets now await a...

LONDON MARKET EARLY CALL: Stocks to rise despite UK recession warning

4 Nov 2022, 07:09am

(Alliance News) - Stocks in London are set to open higher on Friday, after the Bank of England's rate hike was accompanied by dovish rhetoric on Thursday, despite the central...

LONDON MARKET CLOSE: FTSE 100 outperforms, FTSE 250 falls after BoE

3 Nov 2022, 16:51pm

(Alliance News) - The FTSE 100 outperformed on Thursday, supported by a struggling pound, but the more domestic-focused FTSE 250 slumped as the Bank of England warned of a lengthy...

UK chancellor says households face "tough" times as mortgage costs up

3 Nov 2022, 16:22pm

(Alliance News) - UK Chancellor Jeremy Hunt has warned families will face "very tough" times as mortgage costs soar, but insisted he was clearing up the economic mess left by...

UPDATE: BoE governor says future rates may go up less than expected

3 Nov 2022, 13:52pm

(Alliance News) - The Bank of England lifted UK interest rates by 75 basis points on Thursday, as anticipated, but Governor Andrew Bailey hinted that rates will have to go...