News Archive

UK consumer confidence pushes higher - GfK

20th Jun 2024 07:17

(Sharecast News) - UK consumer confidence strengthened in June, a long-running survey showed on Friday, as hopes for the economic recovery gained ground.

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UK consumer confidence pushes higher - GfK

20th Jun 2024 07:17

(Sharecast News) - UK consumer confidence strengthened in June, a long-running survey showed on Friday, as hopes for the economic recovery gained ground.

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DS Smith profits fall on weak demand, inflation

20th Jun 2024 07:14

(Sharecast News) - Paper and packaging company DS Smith reported a fall in annual profits driven by weak volumes and high inflation, but said it expected higher prices and demand would boost a recovery in the second half of the current year and into 2026.

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NatWest to buy Sainsbury's core banking unit for £2.5bn

20th Jun 2024 07:13

(Sharecast News) - Sainsbury's has announced it is selling its core banking business, comprising £2.5bn of outstanding credit card, unsecured personal loan and saving accounts, to NatWest and plans to return a tenth of that amount to shareholders.

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Energean to sell Egypt, Italy, Croatia portfolio for up to $945m

20th Jun 2024 07:03

(Sharecast News) - Energean said it had signed a deal to sell its portfolio in Egypt, Italy and Croatia to Carlyle Group for an enterprise value of up to $945m, with the private equity firm setting up a separate company to be chaired by former BP Chief Executive Tony Hayward.

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Europe close: Stocks mostly lower as Brussels reprimands Paris and Rome

19th Jun 2024 16:25

(Sharecast News) - The ebullient close on Wall Street and a fall in UK inflation to 2% for the first time since 2021 failed to inspire European markets on Wednesday with shares sliding lower.

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FTSE 100 movers: Smurfit Kappa rallies; Berkeley slumps

19th Jun 2024 15:42

(Sharecast News) - London's FTSE 100 was up 0.2% at 8,203.91 in afternoon trade on Wednesday.

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London close: Stocks mixed as UK inflation slows to BoE target

19th Jun 2024 15:25

(Sharecast News) - London stocks ended the day with mixed results on Wednesday, as new data indicated a decrease in annual consumer price inflation, aligning with the Bank of England's target of 2% for May.

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Director dealings: Young's, Aminex disclose non-exec transactions

19th Jun 2024 15:25

(Sharecast News) - Young's Brewery and Aminex were among the companies disclosing director dealings on Wednesday.

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Maintel confident dspite slower first half

19th Jun 2024 15:20

(Sharecast News) - Cloud, network, and security managed communications services provider Maintel said in an update on Wednesday that it had focussed on strategic organic growth initiatives in the first five months of the year, successfully securing significant new contracts and launching new product initiatives, including the Maintel Application Platform aimed at enhancing customer offerings.

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FTSE 250 movers: Games Workshop rallies on results; Spectris hit by profit warning

19th Jun 2024 14:06

(Sharecast News) - London's FTSE 250 was flat at 20,412.14 in afternoon trade on Wednesday.

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JP Morgan to scrap bonus cap for London staff - report

19th Jun 2024 13:22

(Sharecast News) - JP Morgan Chase is to scrap Brussels' cap on bonuses for its UK bankers, it was reported on Wednesday.

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UK watchdog to probe HPE takeover of Juniper

19th Jun 2024 12:15

(Sharecast News) - The UK competition regulator has launched an investigation into Hewlett Packard Enterprise's proposed $14bn takeover of Juniper Networks, it was confirmed on Wednesday.

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Alpha FMC surges as Bridgepoint proposes 505p a share takeover

19th Jun 2024 11:53

(Sharecast News) - Alpha Financial Markets surged on Wednesday after saying it had received a 505p a share takeover proposal from buyout firm Bridgepoint that it would be willing to recommend.

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