Monthly Archives: August 2011

British stocks rise on possibility of US stimulus

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Professionals in the spread betting industry have today (August 31st) witnessed UK stocks rise in value once again.According to Bloomberg, the FTSE 100 share index increased by 2.5 per cent to a level just shy of 5,400 points during the … Continue reading

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Data shows weak UK consumer lending

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Financial markets in the UK have witnessed sluggish consumer lending figures in the recent past, new figures have shown.According to data published today (August 30th) by the Bank of England, the total number of loans approved to individuals in July … Continue reading

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Britain experienced 0.2% GDP growth in Q2

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Financial trading markets in the UK appear set to be subdued for the time being following the publication of weak official economic data.According to the Office for National Statistics' second estimate released today (August 26th), Britain experienced gross domestic product … Continue reading

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BoE official: No need for further QE in Britain

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Financial spreads operating in British markets are not likely to be affected by more quantitative easing (QE) measures from the Bank of England in the near future.That is if comments made today (August 25th) by Monetary Policy Committee (MPC) official … Continue reading

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FTSE 100 boosted by Chinese industrial data

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Financial trading on the FTSE 100 share index boosted Britain's leading shares in value today (August 23rd) thanks to numerous global factors.The price of stocks in firms operating in the commodities was lifted after the publication of official data in … Continue reading

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Gold hits new record high

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Gold prices rose to a new record high today (August 18th), reaching more than $1,800 (£1,094) per ounce.This afternoon, bullion shot to a peak of $1,817.90 a troy ounce, which was an increase of 1.9 per cent on the day, … Continue reading

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