Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Financial Services

FIVE AT FIVE: FTSE 100 soars as US inflation falls; Sam Bankman-Fried arrested; Youths fuelling luxury goods boom; Strikes break 10-year record

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. FTSE 100 closes ahead

Britain's blue-chip benchmark finished ahead on Tuesday by almost 57 points, or 0.76%, at 7,502.

Read more

2. Former FTX head Sam Bankman-Fried arrested

SBF will be held in custody "pursuant of our nation's Extradition Act", John Delaney KC, attorney general of the Bahamas said in a statement.

Read more

3. Christmas comes early for equity markets as US inflation falls

While analysts do not expect a change to the widely touted 50bp rate rise by the Fed tomorrow, they do now see the peak level of rates being lower than previously forecast.

Read more

4. Young adults fuelling luxury goods boom

Record numbers of young adults living at home with their parents are helping drive the boom for luxury goods in the US and UK, according to Morgan Stanley (NYSE:MS).

Read more

5. Days lost to strike action hits highest in over a decade

The ONS said that 417,000 working days were lost to industrial action in October – the highest monthly level since November 2011.

Read more

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK