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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

Media

FIVE at FIVE: FTSE 100 down; Savings rates soar; Royal Mail boosted; S4 Capital cuts; House prices retreat;

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 slides as the rising oil price adds to inflationary fears

At the close, London's lead index was down 58.44 points at 7,652.94 while the FTSE 250 tumbled 340.50 points to 18,449.27.

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2. Savings rates hit highest level since 2008

Average rates on one-year and longer-term fixed bonds, alongside individual savings accounts, all sit above 5% currently.

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3. S4 Capital takes axe to staff numbers as revenues stall

Staff numbers have fallen to 8,550 from around 9,040 a year ago, with plans for “further actions in the second half".

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4. UK house prices retreat on rising rates

UK house sellers are cutting their asking prices at the fastest rate in more than a decade.

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5. Royal Mail owner gets broker boost as UK arm 'undervalued'

JP Morgan highlighted the potential upside from the firm's UK business.

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