The latest Business news, pictures, analysis, briefings, comments and opinions from The Week so afr in the UK.
We are connected directly to the financial market in the UK. With all the latest information from The London Stock Exchange – connected to all Indices like the FTSE100 FTSE500 FTSE 250 and FTSE350.
The London Stock Exchange (LSE) is arguably one of the most important exchanges globally. The LSE is the primary stock exchange in the U.K. and the largest in Europe.
The LSE provides many indices which are used to gain an oversight of markets, capitalisation and underlying performance in the economy. What this means in general terms is that the global investors monitor these indices in order to test and monitor the potential for investment and businesses fertility within the UK markets.
We are always monitoring the top 10 Risers and top 10 Fallers – you can View the Price on our market index.
You can, of course, monitor the FTSE100 on the London Stock Exchange website, however, we also provide the analysis as to why the market has moved in certain ways.
A very popular weekly ritual at the London Stock Exchange is the Market’s Opening Ceremony and a variety of global guests are often invited to open trading and close it. Each week you can monitor this at WTX News to stay up to date with who opened trading this week.
Opening Trading in London is often done by the CEO of FTSE500 companies and major financial players.
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We provide breaking news instantly as it breaks on Twitter. Sometimes it is more important to follow the updates as the break. So you should follow us and refer back to the WTX News website where we will have analysed the information in more detail.
Here we also look at the landmark moments of 2019 which made an impact on global lives and commerce as we know it.
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The world’s most diverse and international stock exchanges reviewed, monitored and analysed from the heart of the world’s leading financial centre.
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A financial centre is defined by the IMF as encompassing. A financial centre is an area where there is a high concentration of financial institutions.
The area may be a city, county, or somewhere larger. Financial centres have the best commercial and communications infrastructure where people conduct huge volumes of international and domestic trading transactions.
A financial hub, also known as a financial centre by the International Monetary Fund (IMF), is a city or region where a large number and variety of financial services institutions are headquartered.
International Financial Centres, such as New York City, London Stock exchange and Tokyo; Regional Financial Centres, such as Frankfurt, Chicago and Karachi, Hong Kong, Sydney; and Offshore Financial Centres, such as Cayman Islands, Dublin, and Singapore.
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The Global Financial Centres Index (GFCI) is a ranking of the competitiveness of financial centres based on over 29,000 financial centre assessments from around the world.
The Business news section on WTX News will keep up to date with the latest news, economic trends and regulatory developments affecting new and existing businesses in the SME markets.
Business Matters, UK’s largest business section for entrepreneurs, start-up & small and medium-enterprise (SME). Business news, advice & interviews. We are connected in all the co-working and business hubs around the globe and bring you the information you need daily.
A new global business survey has found that UK small firms are the least likely to invest during the remainder of 2019 as the threat of a UK recession in 2020, we will keep you updated to show you how this changes with Brexit.
We also offer analysis on other publications like BBC business News and The Times small Business section to keep them accountable. With so much bias and propaganda in the markets; It is important to get a diverse and complete overview of the market only at WTX Business News.
We’ll be bringing you all the latest news, opinions and advice on Brexit and on what Boris Johnson, MPs, Parliament and business leaders are doing.
Discover more about Brexit and its impact of business on WTXNews.com and enjoy our analysis of the topics that matter most to you. Thought-Provoking Content evaluated to the smallest of details. We often cut back from the nonsense that so many publish and give you a global perspective.
It is important to also stay up to date with the latest financial news people and how they stand on Brexit news today.
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Figures from August show that the cost of fuel has risen the most in more than 20 years(Picture: Getty Images)
Drivers were hit by one of the biggest monthly fuel price rises in more than two decades in August, new figures have shown.
The RAC said the 7p per litre spike in the average cost of petrol in August was the fifth largest monthly increase in 23 years.
The 8p per litre hike in diesel prices was the sixth largest over the same period.
The RAC said rising pump prices are being caused by an increase in the cost of oil, which has gone up by nearly 12 US dollars a barrel since the start of July to nearly 87 US dollars due to producing group Opec+ reducing supply.
This led to the wholesale cost of fuel – what retailers pay – going up, which has been passed on to drivers at forecourts.
Fuel prices have gone down from the highs seen after the Russian invasion of Ukraine last year (Picture: AFP)
Earlier this week data from the Confused.com fuel index, which organises the country by postcode, the best areas for cheaper petrol include Lancashire, South Wales and Northern Ireland.
In fact, the Belfast postcode – which covers all of Northern Ireland – currently has the cheapest petrol in the country, with an average price of 145.1p per litre.
The fuel across the Irish Sea is considerably cheaper than the average for any area on the island of Great Britain, as the Torquay postcode takes second place with a jump up to 146.7p per litre.
Rounding out the top five lowest petrol prices in the UK are the Sunderland (146.8p), Bradford (147.0p) and Kilmarnock (147.2p) postcodes.
Meanwhile, the most expensive areas in the country for petrol are dominated by Scottish islands and parts of London.
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RAC fuel spokesman Simon Williams said: ‘August was a big shock to drivers as they had grown used to seeing far lower prices than last summer’s record highs.
‘Seeing £4 or more go on to the cost of a tank in the space of just a few weeks from a pump price rise of 6-7p a litre is galling, particularly for those who drive lots of miles or run an older, less fuel-efficient car.
‘While the increase is clearly bad news for drivers, it could have been far worse had the biggest retailers not let their inflated margins from earlier in the year return to more normal levels as wholesale fuel costs went up.’
‘All we can hope is that this move by many big retailers back to fairer forecourt pricing remains when wholesale costs go down again. Only time will tell.’
Get in touch with our news team by emailing us at [email protected].
For more stories like this, check our news page.
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