News Archive
UK house prices rise for fourth straight month
19th Jun 2024 09:27
(Sharecast News) - House prices in the UK rose for the fourth month in a row in April, according to figures out on Wednesday from the Office for National Statistics.
Read moreAlliance Pharma posts strong results after audit delay
19th Jun 2024 08:41
(Sharecast News) - Alliance Pharma reported strong preliminary results for the year ended 31 December on Wednesday, after an audit delay, driven by a robust second half that led to record sales and expanded underlying profit.
Read moreLondon open: Stocks edge down as investors mull inflation data
19th Jun 2024 08:20
(Sharecast News) - London stocks edged lower in early trade on Wednesday as data showed that annual consumer price inflation eased to the Bank of England's 2% target in May.
Read moreSpeedy Hire confident despite profit slump
19th Jun 2024 07:58
(Sharecast News) - Speedy Hire posted a slide in full-year profits on Wednesday, hit by higher costs and macroeconomic uncertainty, but struck a more optimistic note for the current year.
Read moreNextenergy Solar hikes annual dividend despite slip in NAV
19th Jun 2024 07:57
(Sharecast News) - Solar energy and energy storage investment firm NextEnergy Solar Fund hiked its dividend by 11% despite reporting flat income and a modest drop in net asset value (NAV) in the year ended 31 March.
Read moreEurope open: Upbeat Wall St, fall in UK inflation fails to inspire Stoxx
19th Jun 2024 07:55
(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 opening flat.
Read moreYoung's posts jump in annual revenues, flags 'feast' of summer sport
19th Jun 2024 07:46
(Sharecast News) - Young & Co's Brewery struck an upbeat note on Wednesday, despite a slide in full-year profits, as it flagged a bumper summer of sport.
Read moreHelios Towers announces £43m secondary share placing
19th Jun 2024 07:42
(Sharecast News) - Telecoms tower company Helios Towers has announced a secondary placing of shares, in which stakeholders Newlight Partners and RIT Capital Partners sold a combined £43.2m of stock, causing the share price to sink on Wednesday.
Read moreLondon pre-open: Stocks seen flat as inflation eases to BoE's 2% target
19th Jun 2024 07:33
(Sharecast News) - London stocks were set for a steady open on Wednesday as investors mulled the latest UK inflation reading.
Read moreThursday preview: Bank of England, DS Smith in focus
19th Jun 2024 07:30
(Sharecast News) - All eyes on Thursday will be on the Bank of England.
Read moreWednesday newspaper round-up: Unsecured household debts, Space Forge, Nvidia
19th Jun 2024 07:23
(Sharecast News) - UK households are expected to rack up extra unsecured debts of more than £1,600 this year, including on loans and credit cards, as the cost of living crisis continues to bite, according to a TUC analysis. The TUC said its analysis showed that unsecured household debt - including loans and credit cards but excluding mortgages and, for this exercise, student loans - was on course to increase by 9.4%, or £1,660, in real terms on average per household this year. - Guardian
Read moreSpectris warns on profits after weak lab tools sales
19th Jun 2024 07:21
(Sharecast News) - Pprecision instrumentation and controls group Spectris has said full-year profits will miss current market forecasts as a result of weaker-than-expected demand at its lab equipment division in the first half.
Read moreBerkeley lifts outlook amid improving market conditions
19th Jun 2024 07:19
(Sharecast News) - UK housebuilder Berkeley lifted its earnings outlook by 5% for the current financial year amid tough trading conditions and unveiled plans to enter the London rental market.
Read moreVodafone sells 18pc stake in Indus Towers
19th Jun 2024 07:18
(Sharecast News) - Vodafone Group confirmed several days of speculation on Wednesday, as it announced the sale of 484.7 million shares in Indus Towers, representing 18% of Indus' share capital, through an accelerated bookbuild.
Read moreIQE co-founder to step down with immediate effect
19th Jun 2024 07:17
(Sharecast News) - The co-founder of IQE is stepping down with immediate effect, the semiconductor specialist confirmed on Wednesday, after nearly 36 years with the business.
Read more