News Archive
London pre-open: Stocks seen up as investors eye UK, US inflation data
12th Aug 2024 07:28
(Sharecast News) - London stocks were set to rise at the open on Monday following a mostly positive Asian session.
Read moreMonday newspaper round-up: Inflation, water compensation, FTSE 100 bosses pay
12th Aug 2024 07:21
(Sharecast News) - The Bank of England is poised for a setback in the battle against high inflation this week amid expectations for a first increase in the headline rate this year, highlighting the pressure from the cost of living crisis. In a week of key updates from the British economy, official figures on Wednesday are expected to show inflation returned above the Bank's 2% target in July, driven in part by fast-rising prices for air fares, package holidays and hotels. - Guardian
Read moreMarshalls still confident despite tough first half
12th Aug 2024 07:17
(Sharecast News) - Landscaping and building products and supplier Marshalls reported a 13% decline in revenue for the first half on Monday, amounting to £306.7m.
Read moreImpax Environmental Markets NAV falls in H1
12th Aug 2024 07:17
(Sharecast News) - Environmental markets investment trust Impax Environmental Markets said on Monday that net asset value had fallen in the six months ended 30 June amid "material volatility".
Read moreBT Group welcomes Bharti Global's purchase of Altice's stake in carrier
12th Aug 2024 07:15
(Sharecast News) - BT Group welcomed news that Bharti Global had acquired Altice UK's 24.5% stake in the telecoms carrier.
Read moreSunday newspaper round-up: Taxes, BT, Taylor Swift
11th Aug 2024 10:59
(Sharecast News) - The Chancellor has ordered cabinet ministers to search for cost-cutting reforms and to gird themselves for difficult choices over government spending. It is understood that Rachel Reeves still requires £16bn to close an estimated £22bn financing gap. Taxes on capital gains, pension contributions relief and inheritances are all being considered as possible avenues to raise funds. The Chancellor however does not dismiss the possibility of tweaks to fiscal rules that would allow her to invest slightly more. - Guardian
Read moreEurope close: Shares finish week on slightly positive note
9th Aug 2024 19:01
(Sharecast News) - European shares held gains with the Stoxx 600 index nudging towards the 500 point mark at the end of a volatile week.
Read moreLondon close: Stocks end turbulent week on positive note
9th Aug 2024 16:01
(Sharecast News) - London's stock markets ended the week on a high note, after stronger-than-expected US jobless claims data on Thursday alleviated concerns about the health of the American economy.
Read moreBroker tips: FeverTree, Future, Spirax Group
9th Aug 2024 15:59
(Sharecast News) - Citi cut its price target on Fever-Tree on Friday to 950.0p from 1,115.0p citing slight model changes and an adjustment to its price-to-earnings valuation method.
Read moreDirector dealings: Gateley director makes share purchase
9th Aug 2024 15:58
(Sharecast News) - Gateley revealed on Friday that non-executive director Colin Jones had acquired 40,000 ordinary shares in the AIM-listed professional services firm.
Read moreFSB calls on home secretary to help riot-affected SMEs
9th Aug 2024 15:43
(Sharecast News) - Small business group the National Federation of Small Business implored home secretary Yvette Cooper to help facilitate fair treatment of small and medium-sized enterprises by the insurance industry in the wake of rioting that has swept Britain in the last ten days.
Read moreSector movers: Investors breathe sigh of relief after volatile week
9th Aug 2024 15:06
(Sharecast News) - Stocks finished a rough and tumble week on the up as markets at least stabilised following the volatility storm of the previous weekend.
Read moreFTSE 100 movers: Beazley gains again; Burberry in the red
9th Aug 2024 14:51
(Sharecast News) - London's FTSE 100 was up 0.3% at 8,173.07 in afternoon trade on Friday.
Read moreFTSE 250 movers: HL gains on agreed takeover
9th Aug 2024 14:32
(Sharecast News) - FTSE 250 (MCX) 20,593.19 0.41%
Read moreUS open: S&P 500 and Nasdaq on track for fourth straight losing week
9th Aug 2024 14:12
(Sharecast News) - US stocks were lower early on Friday after market participants bought the dip in the previous session
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