Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Middle East conflict sees banks' share prices surge by up to 2%
The Journal
|June 17, 2025
SHARES in the FTSE 100's leading banks experienced a rise yesterday, as escalating conflict in the Middle East sparked inflation concerns.
Barclays and Natwest saw an increase of nearly 2%, while Lloyds rose over 1% during early trading, as oil prices climbed another1% to $74.90 a barrel.
This comes after a surge of over 9% on Friday following Israel's strikes on Iran's nuclear programme. Attacks have continued in recent days.
Standard Chartered, meanwhile, secured second place among the index's risers, jumping nearly 3%.
The bank's gains were bolstered by easing trade tensions between the US and China, with rising inflation fears due to oil prices providing an additional boost.
This story is from the June 17, 2025 edition of The Journal.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Journal
The Journal
A cheesy word for quirky birds
THEY MAY NOT HAVE THE BEST COLLECTIVE NOUN BUT IBISES ARE STILL A STIRRING SIGHT
1 mins
October 02, 2025
The Journal
Skills academy students begin careers at Nissan
THE first students from the new Nissan Skills Academy have begun apprenticeships at the company's Sunderland plant after completing a two-year programme that aims to bridge the gap between classroom and shop floor.
1 mins
October 02, 2025
The Journal
Kemp report 'will stay private'
MEMBERS of Newcastle City Council’s audit and standards committee have been told they will not see any further details from a long-running investigation into bullying allegations against the former council leader.
3 mins
October 02, 2025
The Journal
'Exceptional entries' at remote country show
ONE of Northumberland’s most remote country shows had “some of the best sheep ever seen” at this year’s event. The Upper Redesdale Show took place in High Rochester at the weekend, celebrating the valley’s agricultural heritage, food, crafts and community spirit.
1 min
October 02, 2025
The Journal
Sonay shining in China Open
TENNIS Sonay Kartal produced the biggest victory of her career over Mirra Andreeva to reach the China Open quarterfinals.
1 mins
October 02, 2025
The Journal
Greggs urges 'no more surprises' as prices rise
THE boss of Greggs has urged the Government to avoid any “surprises” in the autumn Budget, as the bakery chain prepares to raise some of its prices this week.
2 mins
October 02, 2025
The Journal
£10,000 raised in honour of Sycamore Gap
A NORTHUMBERLAND pub has raised £10,000 to honour the Sycamore Gap tree's legacy two years on from its felling.
1 mins
October 02, 2025
The Journal
SLEAZY RYDER
Classless, arrogant and abusive, the sullying of this great golf event sums up Trump's America to a tee
2 mins
October 02, 2025
The Journal
Armstrong 'gobsmacked' at Heed result
GATESHEAD boss Alun Armstrong admitted he was left “gobsmacked\" after his side scored four goals in the opening 12 minutes of a 5-2 win against National League strugglers Morecambe.
1 mins
October 02, 2025
The Journal
Wigan claim Leigh threatened not to play semi-final
RUGBY LEAGUE Leigh owner Derek Beaumont has allegedly threatened to pull his club out of Friday night's Betfred Super League playoff semifinal against neighbours Wigan over a ticket row.
1 min
October 02, 2025
Listen
Translate
Change font size