Financial markets rise ahead of US election

They warned that other scenarios could lead to a “short sell-off”, including if Mr Biden wins and Republicans maintain control the Senate or if Mr Trump wins and the balance of power in Congress remains unchanged. But shares are likely to recover, as such a gridlock might mean a more stable policy environment, they added.

Recent Posts

Primark to cut 400 store management jobs

Kari Rodgers, Primark retail director for the UK, said: "The changes we're proposing will deliver a simplified and more consistent management structure across all of our stores, provide more opportunities for career progression and offer greater flexibility.

read more

Harry and Meghan misused in fake investment endorsement

"People earning millions from home by using Harry and Meghan latest advice," says one of the latest fake headlines, in a story also using the logos of news brands, including the BBC, the Daily Mail, the Sun, Forbes, Good Morning Britain and the Guardian.

read more

US and UK finally sit down on steel tariffs

Under the Trump administration, the US imposed a 25% duty on foreign steel and 15% tax on foreign aluminium, setting off a firestorm of criticism - especially from allies, including the UK, who imposed tariffs on some US goods, such as whiskey, in retaliation.

read more