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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

Financial Services

FIVE at FIVE: FTSE 100 trashed by Credit Suisse; Budget highlights; ChatGPT upgrade; Rolls-Royce nuke boost

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 in the red

The UK's blue-chip index closed a day to forget down 3.8% at 7,344 points

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2. Budget 2023: Hunt unveils support for energy bills, business, nuclear and AI

Jeremy Hunt announced a boost to defence spending, energy support, confirmed investment zones, business tax relief and discussed AI all in this year’s spring budget.

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3. Fears grow over Credit Suisse's future as scandal-hit bank shares crash

Trading in the Swiss bank was repeatedly halted as shares tanked more than 25% after the chair of the Saudi National Bank said no more financial assistance would be provided.

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4. ChatGPT-4, how is it better?

Training for GPT-4 finished in August, though OpenAI then spent six months “iteratively aligning” the programme, prompting it to react better to instructions, be “more truthful” and “less toxic”.

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5. Rolls-Royce mini reactors could be co-funded by govt, as chancellor labels nuclear ‘sustainable’

Hunt launched the first competition for small modular reactors (SMRs) is set to be completed by the end of 2023, a corner of the energy industry where Roll-Royce is aiming to lead the way

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The Markets
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