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UK stockmarket at record level as oil price rallies

UK shares are at record levels today, shaking off the concerns around the WannaCry cyber-attack and instead being driven by higher oil prices benefiting oil and commodity companies. Tesco – the world’s 5th largest supermarket group, has pledged to switch to 100% renewable energy – although not until 2030. The company will be installing solar …

UK stockmarket at record level as oil price rallies Read More »

“Brexit spending boom is over”, says Carney

Morrisons – the supermarket group has given its Chief Executive a £500,000 pay rise, despite risking the wrath of MPs in doing so. However, this could be one example of where a reward can be justified, with the share price having risen by around 70% since the end of 2015, with over £2 billion having …

“Brexit spending boom is over”, says Carney Read More »

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