Shares in Britains leading companies are the cheapest since records began as investors shun the UK because of Brexit fears and concerns for the economy after the pandemic.
The FTSE 100 is at its lowest valuation since 1988, according to the fund manager Columbia Threadneedle.
Shares are at a 42 per cent discount to other global markets, compared with a historic average of about 17.5 per cent. This is because British investors consistently hold their home market at a lower value than others aro…
Shoppers defy economic gloom in September – BBC News
The amount of retail sales saw a 1.5% rise last month, boosted by DIY and garden items.
British retail sales have continued to increase for the fifth consecutive month, boosted by non-food items including DIY and garden supplies, according to official figures.
The Office for National Statistics (ONS) said retail sales volumes rose by 1.5% between August and September.
Spending on groceries remained high, but petrol sales were still down as motorists made fewer journeys.
Sales are now 5.5% higher than the pre-pandemic levels seen in February.
The three months to September saw the biggest…
Covid: Tougher restriction begin for millions in England and Wales – BBC News
Greater Manchester moves to England’s highest alert, while Wales begins a 17-day lockdown later.
image copyrightGetty Images
image captionTime, please: Manchester bars shut for 28 days at 10pm on Thursday ahead of new restrictions
Stricter coronavirus rules are coming into force for nearly six million people in Britain on Friday.
Greater Manchester’s population of 2.8 million joined Liverpool City Region and Lancashire in England’s highest tier of restrictions at midnight.
And at 18:00 BST, the 3.1 million people in Wales will go into
a 17-day “firebreak” lockdown.
The UK recorded another…
Oxford Uni & AstraZeneca’s coronavirus vaccine ‘works perfectly’ & builds strong immunity, study says – The Sun
THE coronavirus vaccine being developed by Oxford University and AstraZeneca works perfectly and builds strong immunity, a study has said.
The team at the prestigious university are thought to be the frontrunners in the race to produce a safe vaccine.
Read our coronavirus live blog for the latest news & updates
Oxford University is developing the vaccine with AstraZenecaCredit: Getty Images – Getty
In early trials it has been shown to safely trigger an immune response in volunteers, according to…
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