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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: Emergency budget numbers, what next for gold, UK’s electricity and Vodafone sells stake…

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

1. The big numbers from Friday’s emergency budget

The emergency budget is being billed as an opportunity for the Chancellor of the Exchequer and Prime Minister Liz Truss to unveil their main weapons to stimulate economic growth and to ease the cost-of-living squeeze via tax cuts for both consumers and businesses.

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2. What does the future hold for Gold as the dollar marches on?

It’s a truism in commodities markets that the dollar and gold have an inverse relationship. Thus when the gold price is strong, the dollar is weak. And vice versa.

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3. Nearly half of the UK’s electricity comes from the EU

In the UK, Uniper owns and operates seven power stations, a fast-cycle gas storage facility and two high-pressure gas pipelines, it said on its website.

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4. FTSE 100

At the close, the FTSE 100 had gained 45 points, or 0.6%, to finish at 7,238.

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5. Vodafone attracts French billionaire

Niel has followed his compatriot and fellow billionaire, Patrick Drahi, by taking an interest in the UK-listed telecoms sector. Drahi purchased an 18% stake in BT earlier this year.

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The Markets
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