The UK's benchmark FTSE 100 share index posted its highest close on record on Friday, buoyed by positive corporate earnings including from British Airways parent IAG, while a slump in Morgan Advanced Materials after a bleak outlook weighed on the mid-cap index.
Inside a cavernous production plant in Spain, people from 62 nationalities work side by side to keep a food company humming as millions of legs of ham travel on hooks along conveyor belts. Foreign workers have helped to make Spain’s economy the envy of the industrialized world,
British Prime Minister Keir Starmer's visit reflects Europe's concern over Trump's push to end the war in Ukraine and concede too much to Russian President Vladimir Putin.
US President Donald Trump has drawn accusations of appeasement for his rapprochement with Russian leader Vladimir Putin, seemingly abandoning Ukraine.
Before you head off into the weekend, here’s how UK assets fared this week, and what’s been dominating London’s market today:
Guntram Wolff of Bruegel, a think-tank in Brussels, and Alex Burilkov of Leuphana University Lüneburg calculate the immediate requirement at 3.5% of GDP for Europe to be able to defend itself without the Americans—and in the longer term The Economist thinks expenditures will need to be more like 4-5%.