FTSE 100 Live: Oil tops $90 as index falls, lenders pull mortgage deals

Ftse 100 drops AGAIN as UK economy on the 'back foot' while US-Iran war rages on

British equities retreated on Wednesday, with the Ftse 100 finishing the session 0.56 per cent lower as tensions between the United States and Iran continued to intensify.Investors grew increasingly concerned as attacks persisted on vessels navigating the Strait of Hormuz, while energy facilities across the Gulf region remained under threat.Danni Hewson, the head of Financial Analysis at AJ Bell, said: "The Ftse 100 was once again on the back fo…

FTSE 100 Live: Oil tops $90 as index falls, lenders pull mortgage deals

Continued disruption to shipping in the Strait of Hormuz today kept the Brent Crude oil price near $90 a barrel.

Mortgage repricing and product pulls continue as Iran war fallout persists

More lenders have repriced and pulled mortgage ranges as uncertainty over the impact of conflict in the Middle East continues. The post Mortgage repricing and product pulls continue as Iran war fallout persists appeared first on Mortgage Solutions.

FTSE 100 Falls Midday As Smiths Group And Legal & General Lead Declines

The FTSE 100 traded lower in midday London trading on Wednesday as investors adopted a cautious tone following recent market volatility and persistent uncertainty in global energy markets. The index was down around 0.62% to approximately 10,345, with weakness in several large-cap companies offsetting gains elsewhere in the market. Industrial and financial stocks were among the main contributors to the decline, while energy and pharmaceutical sha…

FTSE 100 slips as private credit jitters add to concerns about an oil crisis

The FTSE 100 slipped on Wednesday as investors fretted over developments in the Strait of Hormuz and private credit, while digesting mixed corporate updates.  London’s leading index was down around 0.6% at the time of writing as investors assessed the implications of Iran potentially deploying mines in the Strait of Hormuz and what it means […] The post FTSE 100 slips as private credit jitters add to concerns about an oil crisis appeared first o…

London Stock Market Today: FTSE 100 Slips as Legal & General Drops, Balfour Beatty Jumps

London’s FTSE 100 fell 0.9% to 10,320.86 by 10:07 a.m. Wednesday, giving back part of Tuesday’s rally. Legal & General dropped 5% after missing profit and solvency expectations. Oil markets remained volatile after attacks on vessels in the Strait of Hormuz. Investors see a 98% chance the Bank of England holds rates this month. The post London Stock Market Today: FTSE 100 Slips as Legal & General Drops, Balfour Beatty Jumps appeared first on Tech…