77 m. ago Bank of England warns of risk of AI market correction; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

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2 h. ago Bank of England warns growing risk AI bubble could burst; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

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3 h. ago FTSE 100 Live 08 October: Lloyds rallies on car loan update, index and gold at record

Lloyds Banking Group shares today rose during a record-breaking session for the FTSE 100 index.

Politics

6 h. ago FTSE 100 Live 08 October: Index at record as gold tops $4000, Lloyds shares rise

Lloyds Banking Group shares today rose during a record-breaking session for the FTSE 100 index.

Politics

14 h. ago Gold prices hit new high at $4,000 as investors turn to ‘safe haven’ amid fears of Trump policies and global conflicts

Gold has long been viewed as a stable investment in times of global and financial turmoil

Economics

21 h. ago Record gold surge flashes dire warning for US economy as 2008 crash forecaster weighs in

The record-setting price could help Americans sell their precious goods at a pawn shop. But it's a sign of broader economic fears.

Events

22 h. ago Gold suddenly surges to record high as investors fear the US economy is in trouble

The record-setting price could help Americans sell their precious goods at a pawn shop. But it's a sign of broader economic fears.

Economics

28 h. ago FTSE 100 Live 07 October: Shell and Imperial rally, B&M slides after earnings downgrade

Gold and Bitcoin prices are in focus after they traded at record levels earlier today.

Politics

30 h. ago FTSE 100 Live 07 October: House prices weaken, B&M hit by poor trading

Gold and Bitcoin prices are in focus after they traded at record levels earlier today.

Society

51 h. ago FTSE 100 Live 06 October: Mondi and Aston Martin gloom, French stocks retreat

London’s new listings mini-boom gathered pace today when digital bank Shawbrook said it is planning an IPO.

Politics

53 h. ago FTSE 100 Live 06 October: IPOs on a roll, setbacks for car maker and paper giant

London’s new listings mini-boom gathered pace today when digital bank Shawbrook said it is planning an IPO.

Politics

53 h. ago FTSE 100 Live 06 October: Lender backs London IPO, Aston Martin loss warning

London’s new listings mini-boom gathered pace today when digital bank Shawbrook said it is planning an IPO.

Events

54 h. ago FTSE 100 Live 06 October: Aston Martin warning, lender confirms IPO plan

London’s new listings mini-boom gathered pace today when digital bank Shawbrook said it is planning an IPO.

Events

5 d. ago FTSE 100 Live 03 October: Index back at record amid IPO cheer, JD Wetherspoon falls on results

London’s IPO market got a double boost today as Princes Group confirmed plans for a listing and trading started in Beauty Tech Group.

Politics

6 d. ago FTSE 100 Live 02 October: Tesco surges on profit upgrade, IPO boost for London

A Tesco profit upgrade today continued the strong week for London investors.

Economics

6 d. ago FTSE 100 Live 02 October: Tesco strong run continues, index fades after record start

A Tesco profit upgrade today continued the strong week for London investors.

Politics

6 d. ago FTSE 100 Live 02 October: Tesco lifts profit guidance, index record run continues

A Tesco profit upgrade and fresh gains by the FTSE 100 index today continued the strong week for London investors.

Politics

7 d. ago FTSE 100 Live 01 October: Index surges to new record, AstraZeneca leads pharma rebound

The FTSE 100 index moved deeper into record territory, boosted by a strong session for pharmaceutical stocks including AstraZeneca.

Politics

7 d. ago FTSE 100 Live 01 October: Wall Street futures lower as shutdown begins, AstraZeneca shares rally

Wall Street futures today traded lower after US politicians last night failed to agree a funding deal to avert a shutdown of government operations.

Events

7 d. ago FTSE 100 LIVE: London hits record high as global stocks cheer best September since 2013

FTSE 100 LIVE: London hits record high as global stocks cheer best September since 2013  Yahoo

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