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Sep 22, 2014

UK’s FTSE falls as Tesco tumbles

LONDON, Sept 22 (Reuters) – Britain’s top equity index slid
on Monday, led lower by supermarket retailer Tesco
which slumped after finding a fault in its accounts that led it
to overstate its first-half profit forecast.

The blue-chip FTSE 100 equity index, which rose 0.3
percent on Friday on relief that Scotland voted against breaking
away from the UK, was down 0.5 percent at 6,800.48 points in
early trading.

Sep 19, 2014

Scotland’s ‘No’ to independence boosts Spanish bond, stock markets

LONDON (Reuters) – Spanish bonds and stocks were Europe’s top performers on Friday as markets viewed Scotland’s vote against independence as diminishing prospects of a stronger push for secession in Catalonia.

Scotland rejected independence in a historic vote that had threatened to rip the United Kingdom apart and bolster separatist movements elsewhere.

Sep 19, 2014

Spain leads European shares higher as Scots snub independence

LONDON, Sept 19 (Reuters) – European shares surged on Friday
after Scotland’s decision to vote “No” to independence from the
United Kingdom buoyed equity markets and eased concerns about
similar separatist movements in Spain.

The pan-European FTSEurofirst 300 index rose 0.9
percent to hit a new peak for 2014 of 1,410.93 points – and
marking its highest level since early 2008.

Sep 18, 2014

UK markets swinging towards Scottish ‘No’

LONDON (Reuters) – British financial markets placed a raft of late bets that Scots would vote “No” to independence on Thursday, pushing the pound and Scottish-based stocks higher in the final hours of polling.

Since a poll almost two weeks ago showed a surge in support for the “Yes” campaign, worries of a vote that would send a shockwave through Britain’s political and financial system have weighed on UK markets.

Sep 18, 2014

UK’s FTSE lags European bourses as Scotland vote starts

LONDON, Sept 18 (Reuters) – Britain’s top equity index edged
lower on Thursday, lagging gains elsewhere in Europe, as
uncertainty over an independence vote that got under way in
Scotland pegged back UK stocks.

Scots began voting in an independence referendum that will
decide the fate of the United Kingdom, after opinion polls
showed hundreds of thousands were still agonizing over whether
to retain the 307-year union with England or back secession.

Sep 17, 2014

UK’s FTSE underperforms as Scottish uncertainty weighs on market

LONDON, Sept 17 (Reuters) – Britain’s top share index
underperformed gains on rival European markets on Wednesday, as
the uncertainty raised by Scotland’s vote on independence pegged
back the UK stock market.

The blue-chip FTSE 100 index edged down by 0.1
percent, or 5.44 points, to 6,786.80 points going into the close
of trading.

Sep 17, 2014

UK’s FTSE underperforms as Scottish uncertainty curbs market’s gains

LONDON, Sept 17 (Reuters) – Britain’s top share index
underperformed bigger gains on rival European markets on
Wednesday, as uncertainty ahead of Scotland’s vote on
independence prevented the UK market from advancing further.

The blue-chip FTSE 100 index rose by 0.2 percent, or
11.46 points, to 6,803.07 points.

Sep 16, 2014

Financial stocks push UK’s FTSE lower as Scottish vote nears

LONDON, Sept 16 (Reuters) – Britain’s top share index fell
on Tuesday, with financial stocks underperforming as investors
showed reluctance to buy up new positions due to uncertainty
before Scotland’s independence vote on Thursday.

The blue-chip FTSE 100 index was down by 0.4
percent, or 25.20 points, at 6,779.01 points going into the
close of the trading day, with a fall in financial stocks taking
the most points off the index.

Sep 11, 2014

Shares sag but sterling gains as Scotland poll eases nerves

LONDON, Sept 11 (Reuters) – Sterling rose off multi-month
lows on Thursday as a poll showing that most Scots intend to
vote against independence next week alleviated concerns over the
future of the UK, but equities slipped on an unexpected rise in
U.S. jobless claims.

UK financial stocks with strong business ties to Scotland
such as insurer Standard Life and Royal Bank of Scotland
outperformed. But broader European stock markets were
pegged back due to the continuing uncertainty over the issue.

Sep 11, 2014

European shares gain as Scotland poll eases nerves

LONDON (Reuters) – European shares edged up and sterling rose from multi-month lows on Thursday after a poll showing most Scots intend to vote against independence next week took the edge off concerns over the United Kingdom’s future.

The pan-European FTSEurofirst 300 index rose 0.2 percent.

Sterling was steady at $1.6220, having recovered on Wednesday from $1.6051, its lowest since Nov. 15, after the Survation survey was released. The euro eased 0.1 percent to 79.605 pence, well below a three-month high of 80.66 pence struck on Wednesday.