Business News Live: Silver Shoot Price to 14 years High and FTSE 100 Falls before the weekend

That has been widely seen as a positive for the majority, but not all. In both cases, Reeves's criticism is ongoing.

Richard Wilson, Executive Director of Interactive InvestorHe said: “The clumsy and indecision of the chancellor means that the general objective of the Simplification Isa has been completely delayed. We need action to reduce unnecessary complexity. We have said it again and again, there only needs to be an ISA.”

Jason Hollands, Bestinvest Managing Directorsaying:

“This is a welcome news for savers and a victory for the lobbying efforts of banks and construction societies, as well as the personal finance press. The logic behind the limitation of ISA in cash, which would somehow promote people to invest in actions and actions and increase the economy of the United Kingdom, was quite questionable.

“While it would certainly encourage more people who have excess effective to invest in the long term, it is unlikely that it restricts people's ability to save cash taxes in an efficient way to boost a change in fundamental behavior. The only certainty behind such movement would have been to expose more of their savings earned to taxes.”

Victor Trokoudes, CEO and founder of the provider Isa Plum, saying:

“We appreciate the news reports that Rachel Reeves has decided to cash the reforms of Isa. We believe fundamentally in giving people an option on how they make their money work for them.

“We have requested a broader consultation from the beginning to ensure that the proposed ISA reforms are informed by a wide range of views and experience. Therefore, we are happy that the Government seems to commit to this. Our investigation had found that the reduction suggested to the ESA cash allocation was unlikely to deliver the results that the Government would like to, with more people who probably opt for a standard cash savings account. “.”

JPMorgan analysts have highlighted an improvement in the spatial market of London office.

The rent of rent continues and the vacancies rates are decreasing, said the investment bank.

Great Portland Estates have suggested that the price of the real estate of the office could increase this year to 10 percent accordingly.

The owner of Paddy Power, Flutter, has taken the complete property of the US for bets and US games. Fanduel.

The giant of the London list games said he bought the remaining 5% of Fanduel who did not have Boyd for 1.76 billion US dollars (£ 1.3 billion).

It now has 100% property of the business, which has grown rapidly in recent years in the back of the ease of sports betting rules in the states of the United States, after investing for the first time in the company in 2018.

The movement values ​​Fanduel by around 31 billion US dollars (£ 22.9 billion).

Looking towards the one that opens in the markets in the US. This afternoon, the trade of futures shows that a fall is incoming.

The S&P 500 is 0.62 percent lower, with Nasdaq at 0.53 percent negative.

The smallest companies in the Russell 2000 have dropped almost 1 percent complete.

The same red numbers can be seen in Europe today, with the FTSE 100 below 0.5pc, the Dax of Germany for 1 percent and the IBEX 35 of Spain 35 to 0.8pc.

The Robinhood investment platform is offering an expanded service for 24 -hour trade in Europe.

The company will use USA and ETF shares. UU. Tokenized to do so: digital versions of real shares, issued in blockchain.

“At this time, what we are launching in Europe is that the EU client will have access to 200 US shares and tokens ETF, and the holder of shares tokens can also receive dividends directly in its application,” said Robinhood Crypto's senior vice president and general manager Johann Kerbrat A Yahoo Finance.

Airlines can expect Heathrow airport more, since it offers to invest £ 10 billion in updates in the next five years.

An additional passenger of 10 million a year would be the result if the plans are approved.

£ 2 billion will come from shareholders with the other £ 8 billion approved in costs to the airlines, who generally transmit such increases to passengers who pay air rate.

The FTSE 100 had enjoyed a good week, but everything is coming to an end today.

Among the bad economic data, more tariff changes and general fatigue, it seems that investors are leaving mass positions before the weekend.

About a 0.5 percent drop for FTSE 100 today until now, in Europe it is even larger, with France and Germany seeing its main index low 0.9 percent or more.

“The United Kingdom's economy is trapped in the mud and the threat of high tariffs in Canada will not be a shock for markets, but they are difficult to ignore,” said Dan Coatsworth, an investment analyst at AJ Bell.

“European indices are in red and the prices of futures imply that Wall Street will follow the same path when it opens through trade.

“Whether it is that investors remind winds against or simply stop for breathing, it is clear that uncertainty will prevail until well in the summer.

“The corporate report season begins seriously next week with the great banks of the United States. That will change the approach to Outlook profits and statements, giving valuable information about how the business world is dealing with a multitude of pressures. Any corporate optimism is likely to cause a parade of scars in the markets as investors seek confirmation that confirmation does not It has caused general damage to profits. “

Rachel Reeves has put her plans to reform the effective isas waiting after speculation that she was considering reducing the allocation for taxes free of taxes was received with criticisms of banks and construction companies.

Savings have an annual assignment of £ 20,000 that can be divided into ISA types, but the most used version is the cash ISA, which gives people a tax free savings account. However, the government wants to encourage more people to start investing, generate better long -term yields.

Next week, the chancellor was expected to use his speech at the house of the mansion to reduce the limit of how much money could be put in the ISA product in annual cash and potentially announce changes in the ISA for life too, but that reform will now have to wait, with reports that say that Mrs. Reeves wants to continue consulting with industry experts in the midst of conflicting ideas on how to proceed.

The Investment Association has published a report with four key findings in search of better retirement solutions for people.

These recommendations include:

• Better support for pension taxpayers who do not receive individual financial advice (therefore, many of us who are in the pensions of the workplace)
• For advisors to develop best risk practices for the possibilities of people's risks and losses
• Ensure the value for money -Price in retirement
• Rules reform to allow better retirement -oriented products

Much of this implies changes for companies in the investment industry, but with the recent changes of the Law on the amount of orientation to people who do not receive real -paid financial advice, the emphasis continues to be a gradual change to help people point out better decisions and long -term yields.

The United Kingdom's exports to the United States returned to growth in May, according to official figures, after the two countries agreed a commercial agreement that softened the coup of the tariff increases of President Donald Trump.

This followed a strong drop in April when exports decreased by £ 2 billion, the largest monthly decrease since the records began in 1997.

The value of the goods sent through the pond remained relatively low in May, said the ONS.