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Britain on Tuesday published legislation to introduce tougher sanctions on Iran, expanding trade restrictions and powers to target ships as part of what it described as wider effort to curb Tehran's nuclear programme and other hostile activities.
An analysis by the UK financial watchdog found liquidity risks are concentrated in real estate funds, reinforcing the regulator's long-standing scrutiny of a sector where investors can withdraw money more quickly than underlying properties can be sold.
The FTSE 100 edged higher on Wednesday as gains in mining shares and lower bond yields helped London absorb a sharp pullback in energy heavyweights following another slide in oil prices. Britain's blue-chip index was up about 0.3% around 10,886 in later morning trade.
The FTSE 100 edged higher on Friday, outperforming a largely subdued European market as a rally in London-listed miners offset concerns over rising government bond yields and expensive oil. Britain's blue-chip benchmark was up 0.22% in morning trading, while the FTSE 250 also advanced modestly.
Could the AI boom become a new source of inflation for the UK? KPMG UK Chief Economist Yael Selfin discusses how rising chip and AI model costs are filtering through the economy and why higher household energy costs remain a much bigger concern for the Bank of England.
The FTSE 100 edged lower on Wednesday as another rise in oil prices and renewed Middle East tensions kept investors cautious ahead of a crucial US inflation report. London's blue-chip index traded around 10,830 in early dealings, extending this week's subdued run after falling 0.17% on Tuesday.
UK stocks edged higher on Thursday as upbeat company updates helped London resist a sharp technology-led retreat across Asia. The FTSE 100 gained about 0.2%, trading near 10,910, while the FTSE 250 also advanced.
Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resume