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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.

Oct 27, 2014

UK’s FTSE 100 weighed down by financials after banking 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 for Europe’s banks.

Britain’s blue-chip FTSE 100 index fell 0.2 percent
to 6,377.79 points by 1515 GMT, after managing a slight rebound
last week from the 15-month lows it reached earlier in October.

Oct 27, 2014

FTSE weighed down by Lloyds after health check

EDINBURGH (Reuters) – A fall in Lloyds Banking Group (LLOY.L: Quote, Profile, Research) weighed on Britain’s top equity index on Monday, after Lloyds only narrowly passed a regulatory health check for Europe’s banks.

Lloyds was the worst-performing FTSE 100 .FTSE stock in percentage terms, falling 2.4 percent. Lloyds just passed a test to determine whether it had enough capital to weather another economic crash, calling into question when it will resume paying dividends.

Oct 27, 2014

UK’s FTSE 100 weighed down by Lloyds after health check

EDINBURGH, Oct 27 (Reuters) – A fall in Lloyds Banking Group
weighed on Britain’s top equity index on Monday, after
Lloyds only narrowly passed a regulatory health check for
Europe’s banks.

Lloyds was the worst-performing FTSE 100 stock in
percentage terms, falling 2.4 percent. Lloyds just passed a
test to determine whether it had enough capital to weather
another economic crash, calling into question when it will
resume paying dividends.

Oct 24, 2014

Britain’s FTSE falls, posts strongest week since August

LONDON, Oct 24 (Reuters) – Britain’s top share index fell on
Friday but posted its strongest week since August, with concerns
about the global economy and the spread of Ebola taking the
steam out of a recent rally.

The FTSE 100 closed down 0.5 percent at 6,388.73
points. It was still up 1.2 percent for the week, extending a
rebound from 15-month lows hit last week.

Oct 24, 2014

FTSE falls, still set for strongest week since August

LONDON (Reuters) – Britain’s top share index was set for its strongest week since August despite dropping on Friday, when airlines and hotel stocks were hit by news that a New York City doctor had tested positive for the Ebola virus.

The FTSE 100 was 0.3 percent lower at 6,402.39 points by 1218 BST. It was still up 1.5 percent for the week, extending a rebound from 15-month lows hit last week.

    • 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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