FTSE 100 (^FTSE)
- Reuters
Britain's NatWest share sale to test UK equity market upswing
Britain's plans to sell shares in NatWest bank to the public this summer will be a test of a long-awaited upswing in the UK stock market that saw the FTSE-100 hit a record high this week - months after similar milestones for benchmark indexes elsewhere. Finance Minister Jeremy Hunt hopes the sale of government-owned stock in the bailed-out bank, Britain's biggest casualty of the 2008 global financial crisis, will spur Britons to invest more in UK-listed companies. In November, Hunt evoked memories of Margaret Thatcher by saying it was "time to get Sid investing again", a reference to the marketing campaign the former prime minister launched for the privatisation of British Gas in the 1980s.
- The Telegraph
UK stock market shrinking at fastest pace in history, says Goldman
The UK stock market is shrinking at its fastest pace in history amid a wave of foreign takeovers which have propelled the FTSE 100 to its strongest week in eight months.
- Bloomberg
European Stocks Post Best Week Since January on Strong Earnings
(Bloomberg) -- European stocks posted the best weekly performance since January after investors responded positively to an earnings deluge and as key US inflation data met estimates.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldWall Street Humbled as Fast-Reversing Markets Confound the ProsThe Long, Slow Death of Urban Nightlif
