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UK’s blue-chip stock index posts rise of 5.7% for 2024, despite lagging behind Wall Street in past year

The UK’s blue-chip stock index has recorded its strongest annual gain since 2021, despite lagging behind Wall Street over the past year.

The FTSE 100 index, which tracks the largest companies listed in London, posted a rise of 5.7% for 2024.

Sentiment

-0.65

Bearish/Bullish

05.01.25 05:16

by theguardian.com

Amazon aims to branch into UK internet market with satellite broadband plan

Proposed space launches within next two years could ultimately deliver mobile phone signal even to most remote areas

Amazon is hoping to offer a satellite broadband service in the UK within the next two years as it prepares to launch a constellation of spacecraft that could ultimately deliver a mobile signal even to the most remote areas.

The tech company, founded by Jeff Bezos, said it would seek access to British radio frequencies “over the next one to two years” as it prepares to offer satellite internet, according to a regulatory filing first reported by the Sunday Telegraph.