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SharePrice.com - UK Share Information - Sunday, 30th April 2017

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Barclays Weighs on FTSE 100


Friday, 28th April 2017

Connor Campbell, a financial analyst at Spreadex used trumpís parlance to call the first quarter GDP data coming out of America a HUUUUUGE disappointment. The reading was the worst quarterly reading in the last three years, something that some may consider validation of their criticism of Trumpís policies. However, itís important to remember that Trumpís policies wonít have had much of an effect on the countryís growth just yet - hence why the marketís reaction to the reading is so muted.

The dollar has responded quite well - shrinking in its losses against the pound and the euro. The Dow Jones, however, slipped by 30 points to 20950 - still 200 points higher than the starting point for the week.

WPP chief Sir Martin Sorrel took a £22 million pay cut last year, in spite of his business delivering significant increases in revenues and profits. His total pay and bonuses fell to £48.1 million, down from £70.4 million in the previous year. This was down to a smaller share incentives award. His base salary remained flat at £1.15 million. Sorrel remains the FTSE 100 highest paid executive, and the controversial incentive scheme means that his total renumeration over the last five years was in excess of £200 million. At last yearís annual meeting, one third of the companyís shareholders rejected the companyís renumeration report, and a less generous renumeration scheme was introduced.


Read previous editors articles here


Stock Market Update

Friday, 28th April 2017

The FTSE 100 remained in the red as financials, pharmaceuticals and telecoms acted as a headwind and pushed the index 0.4% lower to 7,203.  A negative broker note from Goldman Sachs ...
Friday, 28th April 2017

There was a mixed performance from banks as Royal Bank of Scotland (RBS) swung to a first quarter profit of £259m from a loss of £968m a year earlier, while ...
Friday, 28th April 2017

London shares slipped away from early gains to be lower as the morning progressed, with falls among some banks led by Barclays, commercial property and utilities more than offsetting gains ...

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