Advertisement
UK markets close in 2 hours 40 minutes

  • FTSE 100

    8,035.45
    +11.58 (+0.14%)
     

  • FTSE 250

    19,692.97
    +93.58 (+0.48%)
     

  • AIM

    753.18
    +4.00 (+0.53%)
     

  • GBP/EUR

    1.1610
    +0.0021 (+0.18%)
     

  • GBP/USD

    1.2388
    +0.0038 (+0.30%)
     

  • Bitcoin GBP

    53,259.36
    +74.74 (+0.14%)
     

  • CMC Crypto 200

    1,421.44
    +6.68 (+0.47%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • DOW

    38,239.98
    +253.58 (+0.67%)
     

  • CRUDE OIL

    81.04
    -0.86 (-1.05%)
     

  • GOLD FUTURES

    2,326.90
    -19.50 (-0.83%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • DAX

    18,048.35
    +187.55 (+1.05%)
     

  • CAC 40

    8,075.28
    +34.92 (+0.43%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

European shares lower but FTSE rally continues, Luxottica hits 1-yr peak

Reuters - UK Focus

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets)

MILAN, Jan 16 (Reuters) - European shares were lower in early deals on Monday, weighed down by banking and auto stocks, though weakness in the pound helped Britain's FTSE rise to a fresh record high.

Shares (Berlin: DI6.BE - news) in Luxottica (Milan: LUX.MI - news) and Essilor both rallied more than 10 after agreeing on a 46-billion euro merger deal to create a global powerhouse in the eyewear industry. Luxottica hit a one-year high, while Essilor surged to its highest since the end of September.

By 0816 GMT the pan European STOXX index was down 1.3 percent, while the FTSE added 0.1 percent, with a stronger mining sector helping it touch a fresh record high.

In the banking sector, the Italian banking index underperformed with a fall of 1.5 percent after rating agency DBRS cut Italy's credit rating on Friday in a move which could raise their borrowing costs. (Reporting by Danilo Masoni, editing by Kit Rees)