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David Buik

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Britain bounces back as shares, sterling and bonuses soar

14.10.09
Hopes of a rapid economic recovery dramatically lifted as the stock market soared to new yearly high and the rise in unemployment appeared to stall... more

City 'experts' are left looking foolish by huge dive

24.07.09
City economists scrambling to rewrite forecasts for the year after a shocking decline in second-quarter output that none of them managed to predict... more

Run by the Footsie may be near end

24.07.09
Is the bull run over? That was the question in the City today as London’s leading shares struggled to add to nine consecutive days of gains — the longest winning streak since the 11-day rise in late 2003 and early 2004 ... more

Brown crisis sees sterling take a fall

05.06.09
The pound fell again today as political unrest in Westminster created uncertainty in the City. Sterling lost 1.36 cents against the US dollar to $1.6074 and was down 1.35 cents against the euro to �1.1285 ... more

Bankers head off to Cheltenham - in disguise

10.03.09
Before the start of the Cheltenham Festival today, the racecourse's managing director Edward Gillespie admitted corporate hospitality has taken a hit - it's down around 10%, he says, although some think that may be a little optimistic... more

Shares slump amid job cuts and soaring home repossessions

20.02.09
Shares in London slumped on fresh fears over the state of the economy and a heavy sell-off in New York... more

The doomsday books are in fashion again

19.02.09
Forget the Great Depression of the 1930s. Economists and City analysts are looking into the history books to try to make sense of the mess we’re in and they’re pointing to two other periods: the early 1920s and the 1870s.... more

Chill descends on the City

02.02.09
Offices in London were almost deserted as traders predicted a very slow day in the City... more

Anger as snow puts the brake on trading

02.02.09
Markets: Shares in London have been hit by the cold snap, falling sharply in thin trading... more

Share prices fall by third in Footsie's worst year

31.12.08
Britain's leading shares have lost a third of their value over the past 12 months... more

Housebuilders fall 85% to be worst sector of year

31.12.08
Markets: Housebuilding shares closed down 85% on the year, making it the worst 12 months in the sector's history... more

Hopes of an Obama Bounce lift Wall Street

04.11.08
Hopes for an Obama Bounce sent Wall Street shares leaping on the belief the Democrat Presidential candidate will win the US election with a landslide and control of both houses in Congress... more

Footsie and pound surge but all eyes on rate call in US

29.10.08
Economy: London shares rally and the pound rises against the dollar but investors on Wall Street hold their breath ahead of a key decision on interest rates.... more

Ex-bank chief issues warning on spending

27.10.08
Former Bank of England deputy governor Sir Howard Davies said a big government spending splurge could be "dangerous" for the economy... more

Blues over bailout put the Footsie in freefall

16.10.08
Markets: The downward spiral of shares that began late on Tuesday continues as the last vestiges of stock-market optimism from the UK's bank bailout plan dissolved... more

Fear gripping stock market

10.10.08
Blind panic swept through the City once again as the Stock Market collapsed... more

No end to strain as banks' cost of borrowing rises

09.10.08
The financial crisis showed few signs of easing as the cost of interbank borrowing rose just 24 hours after interest rates were slashed around the world... more

Mystery of ‘lost’ shares Olivant left at Lehman

02.10.08
Funny thing, coincidence. In the space of a few days, Olivant, Luqman Arnold's investment company, has hit the news not once, but twice... more

Jackets off, shirts rolled up ... let's sort this out!

30.09.08
It's 8am at BGC Partners and the brokers - almost exclusively male, most of them with East End accents - are already screaming at each other... more

City braced for meltdown

29.09.08
The City is bracing itself for further pain after watching Asian markets plunge to record lows overnight... more

Anger at ban on short-selling as shares rocket up

19.09.08
Markets: Confusion reigned in the City after an emergency move to ban short-selling was launched by the Financial Services Authority last night... more

Analysis: Cautious optimism that market is easing at last

08.09.08
Spirits were lifted in the City with a rare burst of good news after a year of almost unremitting gloom... more

RBS chief: Sorry, I've just lost you £691m

08.08.08
The head of Britain's second biggest bank issued a humiliating apology after it made a record £691million loss... more

Grade wields axe as ITV slumps to record £1.5bn loss

06.08.08
ITV has made a record loss of more than £1.5 billion and warned that advertising revenues are set to take a nose-dive in the autumn... more

Record 3.9% decline in high street spending fuels recession worries

24.07.08
The biggest monthly fall in consumer spending has heightened fears of a high-street meltdown... more

Shares plunge again as traders say it's a bear market

08.07.08
Shares dived again as the City was officially described as a bear market for the first time in five years... more

Commentary: shops pass on the pain to customers

27.05.08
The credit crisis is far from over and for most householders it is going to get worse before it gets better... more

Only a few bright spots on High Street as hard times hit stores

01.05.08
Even in hard times, retailers with innovative ideas can still flourish... more

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