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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: Mortgages soar again; Amazon loses users; Rising wages; Footsie flat; British Land beams optimism

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

1. No relief for homeowners as mortgage rates near mini-budget levels

Mortgages are now approaching mini-budget chaos levels.

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2. Amazon loses a million daily users ahead of Prime Day

Data compiled by mobile analytics firm GWS just ahead of Amazon's Prime Day said that daily shoppers declined from 9.3mln in January to 8.3mln.

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3. Rising wages keep pressure on Bank of England to hike rates

The unemployment rate for March to May increased by 0.2 percentage points on the quarter to 4.0%, driven by the number of people unemployed for up to 12 months.

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4. FTSE 100 inches ahead at the close ahead of US CPI read

At the close, the FTSE 100 managed to recover its earlier losses to finish 0.1% higher at 7,283 points.

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5. British Land beams optimism, but FTSE 100 promotion doubtful

A generally positive trading update cannot mask the genuine headwinds the landlord faces.

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