Due to the worsening economic difficulties that the UK economy is experiencing right now, a market analyst recently stated that the FTSE 100 index could go down to below 1000 level in the years to come. “I believe over the coming five years the FTSE 100 could fall by around 90% - from its all time high in 1999 of 6930. It could easily be below 1000 in five years time,” professional trader and market analyst Bill Adlard stated. “The UK market will ... Read More

The stock market suffered huge losses today due to fears that the banks in the UK are still in crisis. In a very anxious and apprehensive afternoon’s trading, the FTSE 100 index closed at 4180.6, which is 218.5 points down. The outcome took away £ 55 billion from the tops shares’ value. As speculations that it is in dire need of funding to be able to keep it’s operations, Barclays emerged as one of the biggest casualties of the ... Read More