News Archive
UK wage growth falls as employers cut payrolls, raising rate cut hopes
15th Oct 2024 07:32
(Sharecast News) - UK earnings growth fell to its lowest level for more than two years, in another sign that the jobs market was weakening as businesses cut the number of workers on payrolls, according to data published on Tuesday, raising the expectations of a rate cut from the Bank of England next month.
Read moreLondon pre-open: Stocks seen higher after US gains; jobs data in focus
15th Oct 2024 07:26
(Sharecast News) - London stocks were set to rise at the open on Tuesday following a positive session on Wall Street, as investors mulled the latest UK jobs data.
Read moreTuesday newspaper round-up: Energy crisis, Porterbrook, Google
15th Oct 2024 07:13
(Sharecast News) - Britain is at risk of experiencing a repeat of the sharp increase in energy costs which has fuelled the continuing cost of living crisis because it relies too heavily on gas, according to an expert panel of industry leaders. The Energy Crisis Commission has warned that the UK is still "dangerously underprepared" for another crisis because it continues to rely on gas for its power plants and home heating. - Guardian
Read moreRobert Walters reports continued weakness in third quarter
15th Oct 2024 07:09
(Sharecast News) - Robert Walters reported a 12% decline in third-quarter net fee income on Tuesday, as challenging market conditions persisted across all of its regions.
Read moreBellway profits slump but sees brighter outlook as reservations rise
15th Oct 2024 07:04
(Sharecast News) - UK housebuilder Bellway on Tuesday reported a slump in annual profits, reflecting weaker demand due to higher mortgage rates, but said its forward order book had increased as economic conditions eased.
Read moreUS close: Dow closes above 43,000 points for the first time
14th Oct 2024 22:45
(Sharecast News) - Major indices closed higher on Monday as market participants braced for a week packed with key Q3 corporate earnings.
Read moreBroker tips: Wizz Air, JD Sports, Bunzl
14th Oct 2024 16:32
(Sharecast News) - Analysts at Citi placed budget carrier Wizz Air on 'negative catalyst watch' on Monday, stating it now sees downside risk to the group's FY25 guidance.
Read moreDirector dealings: Volution CEO lowers stake
14th Oct 2024 15:28
(Sharecast News) - Volution revealed on Monday that chief executive Ronnie George and his wife Lynsey had disposed of 2.3m ordinary shares in the ventilation equipment manufacturer.
Read moreLondon close: Stocks higher ahead of UK jobs, inflation data
14th Oct 2024 15:06
(Sharecast News) - London stocks finished higher on Monday, reversing earlier losses driven by disappointment over China's weekend stimulus announcement.
Read moreGreatland Gold progresses Havieron and Telfer acquisitions
14th Oct 2024 14:35
(Sharecast News) - Greatland Gold updated the market on its acquisition of a 70% interest in the Havieron gold-copper project and 100% ownership of the Telfer gold-copper mine from Newmont Corporation on Monday.
Read moreContractor dies at Griffin's Caijiaying Mine
14th Oct 2024 14:34
(Sharecast News) - Griffin Mining announced the death of an employee of a mining contractor at its Caijiaying Mine on Monday.
Read moreFTSE 100 movers: Utilities gain; Ladbrokes owner Entain slides
14th Oct 2024 14:33
(Sharecast News) - London's FTSE 100 was up 0.3% at 8,279.66 in afternoon trade on Monday.
Read moreLundbeck to buy Longboard Pharmaceuticals in $2.6bn deal
14th Oct 2024 14:24
(Sharecast News) - Danish pharmaceutical group Lundbeck said on Monday that it has agreed to buy Longboard Pharmaceuticals in a $2.6bn deal.
Read moreFTSE 250 movers: TI Fluid surges on bid acceptance
14th Oct 2024 14:05
(Sharecast News) - FTSE 250 (MCX) 20,728.65 -0.17%
Read moreUS open: Stocks mostly higher as investors await Q3 earnings
14th Oct 2024 14:02
(Sharecast News) - Major indices were mostly higher early on Monday as market participants braced for a week packed with key Q3 corporate earnings.
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