Timelines
How the main stories unfold, day after day: each timeline gathers the articles about one event, with a summary.
- FTSE 100 closes 0.7% higher at 10,724.86 despite hot US inflation
The FTSE 100 closed higher on Wednesday 14 October despite hot US inflation, the Evening Standard and The Independent reported. In London, the FTSE 100 index ended up 74.53 points, or 0.7%, at 10,724.86.
- Airtel Money slips from its float price as unconditional trading starts
Airtel Money slipped from its float price as unconditional trading started, the Evening Standard and The Independent reported on Wednesday 14 October. Earlier this month, the company launched its Initial Public Offering at a roughly £5.3 billion valuation, according to both outlets.
- FTSE 100 fades after a bright start amid tech worry, ending down 0.1% at 10,650.33
The FTSE 100 faded after a bright start amid tech worry on Tuesday 13 October, the Evening Standard and The Independent reported. The FTSE 100 index ended down 5.95 points, or 0.1%, at 10,650.33.
- FTSE 100 rises 1% ahead of US earnings data but oil prices stay high
Stocks rose on Monday 12 October ahead of US earnings data, but oil prices stayed high, the Evening Standard and The Independent reported. In London, the FTSE 100 index ended up 104.23 points, or 1.0%, at 10,656.28.
- Stocks rebound but SpaceX fears spark telecommunications falls
Stocks rebounded on Friday 9 October, but SpaceX fears sparked falls in telecommunications stocks, the Evening Standard and The Independent reported. In London, the FTSE 100 index ended up 110.45 points, or 1.1%, at 10,552.05.
- Tesco stars but oil price gains keep stocks lower
Gains in oil prices kept stocks lower on Thursday 8 October, the Evening Standard and The Independent reported. Well-received results boosted food retailer Tesco, up 5.2%.
- Oil prices surge on worries of shipping attacks and a Gulf of Mexico hurricane
The price of Brent crude oil rose by about 5% on Thursday 8 October to 105 dollars per barrel, on worries of shipping attacks and a hurricane in the Gulf of Mexico. Earlier in the day, The Guardian reported Brent heading towards $103 a barrel amid supply fears and shipping attacks, with Asian shares sliding. It later reported oil prices rising sharply on Middle East tensions and the US hurricane threat, as the global bond market sell-off continued and stocks fell amid another wave of potential strikes against Iran.
- European stocks slump as the global bond sell-off resumes
European stocks slumped as the bond sell-off resumed, with bonds falling once more and yields soaring amid worries in Europe and the Middle East. The 30-year Treasury yield hit its highest level since 2002, and French, Italian and UK government bonds also came under pressure in volatile trading, according to the Financial Times.
- Lower oil prices boost FTSE 100 but defense stocks underperform
Lower oil prices lifted the FTSE 100 on Tuesday, while defence stocks lagged. The index ended up 43.75 points, or 0.4%, at 10,541.69.
- London stocks rise as a soft US jobs report eases rate fears
London stocks rose on Friday 2 October as a soft US jobs report eased fears over interest rates. The FTSE 100 index ended up 33.68 points, or 0.3%, at 10,461.95.
- Airlines to be banned from charging parents to sit with their children, Andy Burnham announces
The UK government has announced plans to stop airlines from charging parents to sit with their children on flights, as part of Prime Minister Andy Burnham's crackdown on the 'little charges that add up'. Airlines will be required to seat children with a parent free of charge; the government says sitting together can currently cost a parent and child up to £104 on a return journey, and it plans to bring in the ban before next summer. Burnham called the current charges a 'rip-off', saying people are 'fed up', and Ryanair's Michael O'Leary hit out at him over the plans.
- Airtel Money sets float price for £5.3bn London IPO, the biggest there in five years
Airtel Money, the fintech arm of the telecommunications giant Airtel Africa, set its float price on 1 October for a London stock market debut at a valuation of £5.3bn, in the biggest London IPO for five years, according to The Independent and the Evening Standard. Its investors would sell 270m shares at a price of £1.96 per share in the offer, City A.M. reported, and the group is looking to raise around 800 million US dollars (£601 million) from the IPO.