UK stocks are outperforming the U.S. and one CIO says they look 'very cheap'
U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking "very cheap."
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U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking "very cheap."
LONDON — British investment platform Hargreaves Lansdown said on Friday it had agreed to a takeover offer equivalent to £5.4 billion ($6.9 billion) by a group of investors including CVC Group.
Tech stocks continued to sell off on Thursday, as investors dumped more megacap tech names.
Shares in Burberry plunged over 16% on Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.
LONDON — Populist lawmaker Nigel Farage on Friday won his first-ever seat in the U.K.'s parliament as he looks to shake up the country's politics with his right-wing Reform UK party.
LONDON — French stocks moved higher on Monday as markets reacted to a surprise win for the left in the country's parliamentary election.
One of the biggest surprises of Britain's election night so far has been the gains seen by the right-wing Reform UK party, which is forecast to win a number of parliamentary seats and has logged a strong showing in early results.
The European Union on Tuesday accused Microsoft of breaching antitrust rules with the "abusive" bundling of its Teams and Office products.
LONDON — A record number of millionaires is expected to leave the United Kingdom this year, according to new research, with this year's general election expected to further exacerbate the exodus.