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

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Five at Five: FTSE 100 pushes on, BP worth a tenner, Pubs closing in droves, Binance stablecoin nixed, Goldman sacking shock

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 closing in on 8000

More gains for London's blue-chip index as sentiment remains upbeat

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2. BP shares are worth £10 according to a leading bank

Even at that level, the oil giant’s stock is still only trading on a forward (2025) enterprise multiple of less than three times.

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3. Pubs and bars feeling the pinch

Bankruptcies across the UK’s hospitality sector shot up last year

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4. Binance stablecoin nixed

Stablecoin issuer Paxos has been instructed to cease minting BUSD

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5. Goldman's boss regrets not sacking staff earlier

Last month, the US bank fired 3,200 employees, roughly 6.5% of its staff

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