News Archive

UK mortgage approvals hit 22-month high as lending rises

30th Aug 2024 09:12

(Sharecast News) - Approvals and borrowing for mortgages in the UK rose to their highest levels in nearly two years in July, according to data from the Bank of England on Friday.

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Eurozone inflation plunges to three-year low of 2.2% in August

30th Aug 2024 09:09

(Sharecast News) - Inflation in the eurozone inflation fell sharply to a three-year low in August, boosting hopes that the European Central Bank will cut interest rates at its next monthly meeting.

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London & Associated Properties surges on upbeat outlook, Bisichi results

30th Aug 2024 09:00

(Sharecast News) - Shares in London & Associated Properties surged on Friday after the real estate group reported a return to profit in the first half, while the stock was boosted by its investment in South African coal miner Bisichi.

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Ryanair board member steps down to avoid conflicts of interest

30th Aug 2024 08:38

(Sharecast News) - Ryanair has announced on that one of its non-executive directors has resigned after just six months on the board due to a potential conflict of interest in the coming months.

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Berenberg hikes target price on Grafton

30th Aug 2024 08:01

(Sharecast News) - Analysts at Berenberg hiked their target price on building materials company Grafton from 1,100.0p to 1,200.0p on Friday, citing an "attractive opportunity".

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London open: Stocks gain in quiet trade; Burberry out of fashion

30th Aug 2024 07:47

(Sharecast News) - London stocks rose in early trade on Friday, taking their cue from a positive session in Asia.

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Europe open: Stoxx hits record high as eyes on EZ, US inflation data

30th Aug 2024 07:43

(Sharecast News) - European shares hit a record high on Friday as all eyes were on eurozone and US inflation data amid hopes that the European Central Bank and Federal Reserve would cut rates next month.

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London pre-open: Stocks to nudge up as investors mull Nationwide data

30th Aug 2024 07:39

(Sharecast News) - London stocks were set to nudge higher at the open on Friday following a positive session in Asia.

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London pre-open: Stocks to nudge up as investors mull Nationwide data

30th Aug 2024 07:39

(Sharecast News) - London stocks were set to nudge higher at the open on Friday following a positive session in Asia.

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Friday newspaper round-up: Train strikes, Lloyds, Reaction Engines

30th Aug 2024 07:28

(Sharecast News) - A series of weekend strikes by train drivers on LNER from Saturday has been called off, their trade union Aslef has announced. Passengers travelling between London and Edinburgh had faced the prospect of months of disruption after LNER drivers earlier this month announced 22 days of industrial action from the start of September until early November. On Thursday, Aslef said drivers had reached a resolution with LNER regarding the breaking of agreements. - Guardian

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German unemployment rises less than forecast in August

30th Aug 2024 07:23

(Sharecast News) - German unemployment rose less than expected in August, according to Federal Labour Office figures published on Friday.

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UK house prices unexpectedly dip in August - Nationwide

30th Aug 2024 07:21

(Sharecast News) - UK house prices unexpectedly dipped on the month in August, but rose at their fastest annual pace since December 2022, according to figures released by Nationwide on Friday.

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STV taps ITV's Rufus Radcliffe as its new CEO

30th Aug 2024 07:20

(Sharecast News) - STV Group announced the appointment of Rufus Radcliffe as its new chief executive officer on Friday, effective 1 November.

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US close: Dow rises but markets mixed as investors digest earnings, GDP data

29th Aug 2024 22:02

(Sharecast News) - US stock markets finished in mixed fashion on Thursday, with sharp falls for Nvidia weighing on both the S&P 500 and Nasdaq, while the Dow Jones Industrial Average managed to eke out another record.

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Europe close: Stocks boosted by falling inflation as Stoxx 600 nears record high

29th Aug 2024 15:58

(Sharecast News) - European stocks rose for the third straight day on Thursday, with the Stoxx 600 ending just inches away from its record high, as data showing falling inflation increased the odds of a rate cut by the European Central Bank in September.

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