29 October 2008 Archive
FTSE 100 up 5% at lunch
The FTSE 100 was up over five per cent at lunch today - as confidence returned to the markets ahead of another round of global interest rate cuts. |
Darling turns attention to economy
Alistair Darling tonight will say the government needs the same determination used to get through the global banking crisis to get the UK through the coming recession. |
Hedge funds lose £12.6bn on bad VW bets
Hedge funds are set to face billions of pounds of losses after bets on the falling price of Volkswagen turned massively against them. |
FTSE 100 rallies to close 8.05% higher
The FTSE 100 closed 8.05 per cent higher at 4,242.54 as hopes of further interest rate cuts boosted confidence. |
FTSE 100 soars on opening
The FTSE 100 soared over the 4,000 mark in the minutes after opening today following a global rally. |
Legal & General: New absolute return investment
Legal & General (L&G) has launched a fund which allows consumers to take advantage of investment methods used in hedge funds. |
Month Archives 2008
| January ArchiveFebruary ArchiveMarch Archive | April ArchiveMay ArchiveJune Archive | July ArchiveAugust ArchiveSeptember Archive | October ArchiveNovember ArchiveDecember Archive |
Newsletter sign up