Market reports from ShareCast
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London midday: Stocks fall as banking sector hit; US PCE eyed
Fri 29 August 2025 10:42
(Sharecast News) - London stocks had fallen further by midday on Friday, with banks under the cosh after a think tank raised the possibility of a potential windfall tax on the sector, as investors eyed the latest US PCE inflation numbers.
London open: Stocks nudge lower as banks slide; US PCE eyed
Fri 29 August 2025 07:50
(Sharecast News) - London stocks nudged lower in early trade on Friday, with banks under the cosh after a think tank raised the possibility of a potential windfall tax on the sector, as investors eyed the latest US PCE inflation numbers.