Nuclear submarine supplier to be sold to US buyer after diplomatic row Russian default expected within days Retail sales volumes down 0.5pc in May FTSE 100 rises strongly Ambrose Evans-Pritchard: The pro-Brussels establishment is painting Brexit as an economic disaster to reverse it Sign up here for our daily business briefing newsletter
The FTSE 100 ended the day up 188.36 points, or 2.68%, at 7,208.81.
Fed chief Jerome Powell testified before Congress for a second day. On Wednesday, he said the Fed’s aggressive rate increases to fight inflation could cause a recession.
The collapse of several small energy firms has left many people confused around outstanding bills, with scammers taking advantage of this to trick unsuspecting victims.
Anyone in England can apply to use the equity loan scheme for a self-build home.
Shoppers are spending more on less as inflation bites, May figures show.
By Scott Kanowsky
The FTSE 100 finished ended the day down 68.77 points, or 0.97%, at 7,020.45.
(Bloomberg) -- After what is poised to be the worst first half since 2008 for European equities, strategists are optimistic that at least some of the losses will be clawed back by the end of the year.Most Read from BloombergElon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing BillionsThe World’s Bubbliest Housing Markets Are Flashing Warning SignsJuul Soon to Be Ordered Off the Market by FDA, WSJ ReportsRecession Worries Boost Treasuries; Stocks Advance: Markets WrapThese Are the World’s