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Oct 30, 2014

UK’s opposition Labour faces collapse in support in Scotland: poll

LONDON/EDINBURGH (Reuters) – Britain’s opposition Labour party could be almost wiped out in Scotland at a UK-wide election next year, a poll showed on Thursday, raising questions about its ability to defeat Prime Minister David Cameron’s Conservatives.

The poll, by Ipsos MORI, showed Labour could lose 90 percent of its lawmakers in Scotland with just 23 percent of voters planning to back the left-leaning party, which has been hurt by the rising popularity of the Scottish National Party (SNP).

Oct 30, 2014

Labour faces collapse in support in Scotland – poll

LONDON/EDINBURGH (Reuters) – Britain’s opposition Labour party could be almost wiped out in Scotland at a UK-wide election next year, a poll showed on Thursday, raising questions about its ability to defeat Prime Minister David Cameron’s Conservatives.

The poll, by Ipsos MORI, showed Labour could lose 90 percent of its MPs in Scotland with just 23 percent of voters planning to back the left-leaning party, which has been hurt by the rising popularity of the Scottish National Party (SNP).

Oct 30, 2014
Oct 30, 2014

FTSE feel weight of commodity stocks after hawkish Fed

EDINBURGH (Reuters) – The FTSE 100 edged lower on Thursday, under pressure from commodity stocks after the Federal Reserve struck a surprisingly hawkish tone in its outlook for U.S. interest rates.

The FTSE 100 .FTSE gave away early gains to trade 0.2 percent lower at 6,442.51 at 0903 GMT, underperforming a 0.4 percent rise on the FTSEurofirst 300 .FTEU3 and German DAX .DAXI and a 0.7 percent rise on the CAC .FCHI.

Oct 30, 2014

Britain’s FTSE feel weight of commodity stocks after hawkish Fed

EDINBURGH, Oct 30 (Reuters) – Britain’s top share index
edged lower on Thursday, under pressure from commodity stocks
after the Federal Reserve struck a surprisingly hawkish tone in
its outlook for U.S. interest rates.

The FTSE 100 gave away early gains to trade 0.2
percent lower at 6,442.51 at 0903 GMT, underperforming a 0.4
percent rise on the FTSEurofirst 300 and German DAX
and a 0.7 percent rise on the CAC.

Oct 29, 2014

UK’s Cameron rejects Scottish proposal on EU referendum

LONDON/EDINBURGH (Reuters) – Prime Minister David Cameron rejected on Wednesday a proposal by the Scottish National Party (SNP) that the United Kingdom should only quit the European Union after a future referendum if a majority in each of its four constituent parts vote to do so.

Cameron has promised a referendum in 2017 on the UK’s continued EU membership if his Conservative Party, which has grown increasingly Eurosceptical, wins a 2015 national election.

Oct 29, 2014

FTSE rises ahead of Fed; Next suffers from profit warning

EDINBURGH (Reuters) – British shares rose on Wednesday, as expectations the U.S. Federal Reserve will signal it is in no rush to raise interest rates supported global equities, but clothes retailer Next fell after a profit warning.

The FTSE 100 was up 0.3 percent to 6,421.72 at 0835 GMT, with only eight stocks in negative territory in early trade.

Oct 29, 2014

Britain’s FTSE rises ahead of Fed; Next suffers from profit warning

EDINBURGH, Oct 29 (Reuters) – British shares rose on
Wednesday, as expectations the U.S. Federal Reserve will signal
it is in no rush to raise interest rates supported global
equities, but clothes retailer Next fell after a profit
warning.

The FTSE 100 was up 0.3 percent to 6,421.72 at 0835
GMT, with only eight stocks in negative territory in early
trade.

Oct 28, 2014

Robust earnings spur European stocks higher

EDINBURGH, Oct 28 (Reuters) – European shares rose in early
trade on Tuesday, reversing the previous session’s dip as
better-than-expected results from a number of blue-chips
including pharma group Novartis and bank UBS
helped lift sentiment.

While French pharma Sanofi and UK-listed Standard
Chartered Bank slumped after reported results that
missed expectations, generally stronger corporate reports helped
the pan-European FTSEurofirst 300 rise 1 percent to
1,317.99 by 1214 GMT.

Oct 27, 2014

Financials weigh on Britain’s FTSE after banks’ health check

EDINBURGH, Oct 27 (Reuters) – Britain’s top equity index
fell on Monday, weighed down by financials after Lloyds only
narrowly passed a regulatory health check of Europe’s banks.

The FTSE 100 index fell 0.4 percent to 6,377.46
points, after managing a slight rebound last week from 15-month
lows touched earlier in October.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
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