THE FTSE 100 rose this morning after news a Covid vaccine developed in the UK can stop up to 90% of people from getting the virus.
The London stock market went up by 0.59% to 6,388.86 when it opened at 8am this morning - although the rise is far from a leap.The FTSE 100 saw an uplift this morning after news a UK Covid vaccine is found to be a successIt's the thirdThe footsie index tracks the performance of the UK's 100 biggest companies.How the FTSE 100 falling affects your personal financesPensions
- If you save cash into a pension scheme where the provider invests your money, you'll likely see the value of your pension drop when the FTSE 100 falls. But keep in mind that with retirement savings, you’re investing for the long-term so the drop in value isn’t likely to be permanent.Savings and mortgagesBut if panic on the stock market spreads to the wider economy, the Bank of England may cut interest rates. Interest rates are currently held at 0.1%.
This means your mortgage is likely to get cheaper, while savers will suffer from lower interest rates.
AZN shares are down today.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTSE 100 edges higher as travel stocks rise, Asian markets tumbleIndian markets open positive amid mixed global cues kuku27 Travel stocks rise in absence of flights. Must be crude joke. Another few months are in a liquid situation.
Source: The Independent - 🏆 80. / 59 Read more »
FTSE 100 edges higher despite warning from China of market bubble‘I’m worried the bubble problem in foreign financial markets will one day go pop,’ says Guo Shuqing, head of the China Banking and Insurance Regulatory Commission
Source: The Independent - 🏆 80. / 59 Read more »
AstraZeneca jab is 100% effective against serious disease, new US trial showsASTRAZENECA and Oxford University’s coronavirus vaccine is 100 per cent effective against severe disease, a US study has shown. The jab was also found to be 79 per cent effective at preventin… So it's a Disease now not a virus..... US trial done by astrazeneca itself... Not 100% that I won’t be the next president... nothing is 100%. So the real number is not known lol
Source: TheSun - 🏆 64. / 61 Read more »
COVID-19: UK '100% confident' in Oxford-AstraZeneca jab after Germany suspends use in under-60sThe UK is '100% confident in the efficacy' of the Oxford-AstraZeneca coronavirus vaccine, after Germany suspended its use in the under-60s over concerns about rare blood clots It's clearly not safe if people who have been injected with it end up dead. It doesn't matter how many we should not have any. Germany should send their excess of AZ to the UK. It’s no good rotting in their warehouses, we’ll put it to good use
Source: SkyNews - 🏆 35. / 67 Read more »
AstraZeneca vaccine 100% effective against severe Covid, study findsRuud Dobber told CNBC that the firm will have 30 million doses ready to ship to US states and territories as soon as the 80% effective AstraZeneca shot is authorized, which will likely happen in April. Yea ok. Ha ha Of course they have
Source: Daily Mail Online - 🏆 135. / 51 Read more »