News Archive

Workspace appoints new head of portfolio management

3rd Apr 2025 09:28

(Sharecast News) - Workspace Group announced the appointment of Jessica Berney as head of portfolio management and a member of its executive committee on Thursday, effective 1 July.

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Berenberg sees plenty of upside at Antofagasta, starts at 'buy'

3rd Apr 2025 09:27

(Sharecast News) - Berenberg has kicked off coverage of Antofagasta with a 'buy' rating, highlighting the "pure-play" benefits of the copper miner which offers "compelling" growth potential.

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Eurozone services sector sees modest improvement - PMI

3rd Apr 2025 09:06

(Sharecast News) - The Eurozone economy expanded modestly in March, a closely-watched survey showed on Thursday, boosted by an uptick in the services sector.

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London open: FTSE slides after Trump tariff bombshell

3rd Apr 2025 08:11

(Sharecast News) - London stocks slid in early trade on Thursday as Donald Trump's aggressive tariff announcement rattled markets.

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Motorpoint returns to 'strong' profitable growth in FY25

3rd Apr 2025 08:02

(Sharecast News) - Vehicle retailer Motorpoint said on Thursday that it had returned to "strong" profitable growth in the year ended 31 March as "positive momentum" continued through H2.

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Moonpig delivers mixed update, but unveils new £60m buyback

3rd Apr 2025 07:43

(Sharecast News) - Greeting cards and gifts retailer Moonpig delivered a mixed fourth-quarter update on Thursday, with full-year revenues slightly missing expectations but margins at the top end of guidance, as it unveiled plans for a new share buyback.

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London pre-open: Stocks to slide after Trump tariff announcement

3rd Apr 2025 07:43

(Sharecast News) - London stocks were set to slide at the open on Thursday after Donald Trump announced a range of tariffs on countries around the world, including the UK.

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Europe open: Stocks plunge as Trump starts global trade war

3rd Apr 2025 07:40

(Sharecast News) - Trading screens were a sea of red as European markets plunged at the open as US President Donald Trump ignited a global trade war.

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Chapel Down earnings drop, but 'strong' sales growth expected

3rd Apr 2025 07:32

(Sharecast News) - English wine producer Chapel Down saw a big drop in profits in 2024 due to falling revenues and a fair value adjustment on biological produce, but said it expects "strong" sales growth in 2025.

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Thursday newspaper round-up: Tax increases, Jes Staley, Barclay family

3rd Apr 2025 07:29

(Sharecast News) - Rachel Reeves has defended the £40bn in tax increases in autumn's budget as businesses brace for their impact, saying NHS waiting lists would now be higher if she had not taken action. Employers are set for a £25bn increase in national insurance contributions (NICs), which comes into force on 6 April, at the same time as consumers are being hit by a slew of increases in bills for everything from utilities to car tax. - Guardian

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Primary Health Properties offers £1.5bn to merge with Assura

3rd Apr 2025 07:27

(Sharecast News) - Real estate investment group Primary Health Properties has made a £1.5bn proposal to merge with Assura, the developer and manager of GP and primary care buildings.

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Coats to shut down US yarns factory after strategic review

3rd Apr 2025 07:25

(Sharecast News) - Coats Group said it is planning to close its North Carolina yarns facility based after a strategic review.

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America pushes trade tariffs back to 1930s level

3rd Apr 2025 07:16

(Sharecast News) - America moved ahead with trade tariffs that some described as a "worst case scenario".

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Currys lifts FY guidance on 'robust' sales

3rd Apr 2025 07:03

(Sharecast News) - Shares in Currys surged on Thursday as the electrical retailer lifted annual earnings guidance after "robust" trading since the start of the year, including a return to growth at its troubled Nordics division.

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Frasers ups stake in Hugo Boss

3rd Apr 2025 07:00

(Sharecast News) - Mike Ashley's acquisitive Frasers Group has further upped its stake in German fashion brand Hugo Boss.

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