David Buik RSS feed

Morrisons in a sales surge as it loses its star Bolland

2009-11-19T08:46:46Z

There was rising talk in the City that the WM Morrison success story could be running out of steam, one day after it emerged that the chief executive is jumping ship

Britain bounces back as shares, sterling and bonuses soar

2009-10-14T12:41:37Z

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

City 'experts' are left looking foolish by huge dive

2009-07-24T13:55:01Z

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

Run by the Footsie may be near end

2009-07-24T07:53:36Z

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

Alistair Darling borrows �5k a second

2009-07-21T08:42:36Z

Brown crisis sees sterling take a fall

2009-06-05T08:09:43Z

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

Bankers head off to Cheltenham - in disguise

2009-03-10T10:54:08Z

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

Shares slump amid job cuts and soaring home repossessions

2009-02-20T10:16:46Z

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

The doomsday books are in fashion again

2009-02-19T12:52:52Z

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.

Now, come on, Mandy, let�s be honest...

2009-02-03T10:22:38Z

Chill descends on the City

2009-02-02T10:41:33Z

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

Anger as snow puts the brake on trading

2009-02-02T12:07:18Z

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

Share prices fall by third in Footsie's worst year

2008-12-31T09:50:18Z

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

Housebuilders fall 85% to be worst sector of year

2008-12-31T09:22:59Z

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

Hopes of an Obama Bounce lift Wall Street

2008-11-04T13:54:08Z

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

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

2008-10-29T09:06:50Z

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.

Ex-bank chief issues warning on spending

2008-10-27T14:20:45Z

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

Blues over bailout put the Footsie in freefall

2008-10-16T08:14:28Z

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

Fear gripping stock market

2008-10-10T07:18:03Z

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

No end to strain as banks' cost of borrowing rises

2008-10-09T13:59:07Z

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

Mystery of �lost� shares Olivant left at Lehman

2008-10-02T09:21:12Z

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

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

2008-09-30T08:16:27Z

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

City braced for meltdown

2008-09-29T07:28:02Z

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

Anger at ban on short-selling as shares rocket up

2008-09-19T08:14:27Z

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

Analysis: Cautious optimism that market is easing at last

2008-09-08T13:08:02Z

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

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

2008-08-08T08:27:15Z

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

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

2008-08-06T09:10:51Z

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

Record 3.9% decline in high street spending fuels recession worries

2008-07-24T15:00:38Z

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

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

2008-07-08T13:36:26Z

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

Commentary: shops pass on the pain to customers

2008-05-27T09:21:14Z

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