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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 jumps on Boris exit; interest rates, crypto hang in the balance; wind farms hit record-low prices; Musk jibes about populating Mars

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

1. Boris exit leaves interest rates hanging

With a timetable for the leadership contest due to be announced next week, traders hope the next PM will take a softer stance

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2. Rishi's resignation blow to crypto

Sunak's plans for a crypto hub are thrown into doubt as Treasury and central bank remain at loggerheads over regulation

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3. Power auction delivers record-low prices

Offshore wind farms hit rock bottom prices in the government's latest power auction

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4. Musk says he's 'populating Mars'

Elon Musk's latest revelation is that he had twins in November with a top executive at one of his companies had twins last November, taking his total count of children to nine

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5. FTSE 100 jumps on Boris resignation

The UK blue-chip index closed 81.31 points, or 1.1% higher at 7,189.08, below the session peak of 7,213.05 but well above the opening low of 7,107.77 as the pound also climbed following announcement of the PM's exit from government.

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by Proactive
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