What to watch US jobs report: On Friday the Labor Department in the US will release its May jobs report, which includes data on non-farm payrolls, the unemployment rate, and average hourly earnings. The report captures the period ending on the 12th of the month, so will not reflect the start of moves to reopen…
Read more
Investors sell BP and Shell after Opec deal As UK markets reopened after the long Easter weekend, investors reacted to the fallout from the Opec-Russia oil production cut deal which, while record breaking, has been deemed by some analysts to be too little too late. Royal Dutch Shell’s London-listed shares fell 3.5% on Tuesday, with…
Read more
UK Banks in the spotlight for dragging heels on small business help It was a mixed but relatively flat day for London-listed stocks, with banks again back in the spotlight over concerns that they have been sluggish in issuing emergency business loans to customers under a government scheme launched last week. Late on Thursday, post-market…
Read more