Ocado has hired the former boss of BT Gavin Patterson as non-executive director as the company comes under pressure to move its stock market listing from London to New York.
The FTSE 100 stands at an all-time high. Japan’s Nikkei 225 index recently pushed into record territory after 34 years. Neither the British nor Japanese economies are exactly booming, so what is driving their stock markets’ outperformance? What they have in common is an exposure to the mighty US dollar.
The outlook for a summer interest rate cut should become clearer today when the Bank of England publishes its latest economic forecasts. Interest rates are set to stay at a 16-year high of 5.25%, with the focus on whether inflation has been tamed to allow a rate cut as soon as next month. On the corporate front, Balfour Beatty, ITV and BAE Systems have posted updates while Watches of Switzerland has bought an American retailer.
Symbol | Last price | Change | % change |
---|---|---|---|
Symbol | Last price | Change | % change |
---|---|---|---|
Symbol | Last price | Change | % change |
---|---|---|---|
Symbol | Last price | Change | % change |
---|---|---|---|
Symbol | Last price | Change | % change |
---|---|---|---|
Symbol | Last price | Change | % change |
---|---|---|---|
Symbol | Last price | Change | % change |
---|---|---|---|
Symbol | Last price | Change | % change |
---|---|---|---|