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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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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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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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FTSE 100 falls heavily ahead of interest rate rise - Market Report

FTSE 100 falls heavily ahead of interest rate rise - Market Report

Good morning from London where the FTSE 100 is down this morning and close to three-month lows, ahead of an expected 50 basis point increase in interest rates from the Bank of England later today.

On the stock market Premier Inn owner Whitbread marked a more positive start to the day as it reiterated its full-year guidance after penning a 19% rise in sales during the first quarter.

Ocado shares are up by more than 10% on the day, with the Times suggesting that they may be courting one or more American suitors.

Shares in pharma giant GSK did fall meanwhile after US advisors recommended the company's new severe respiratory syncytial virus vaccines only be offered to over 60s.

Over in the US Amazon came under fire from American regulators overnight, who accused the online retail giant of selling Prime memberships to millions without consent.

Twitter has made amends with Google, having now restarted making payments for the tech firm’s cloud services after several months.

And in small caps, Quadrise shares jumped as the energy tech firm confirmed it now has the means to resume its paused Morocco-based fuel trial.

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