News Archive
IntegraFin reports record levels of funds under direction
22nd May 2024 08:12
(Sharecast News) - Investment platform operator IntegraFin reported a strong financial and operational first half on Wednesday, with a record high level of funds under direction (FUD) on its Transact platform of £61bn on 31 March.
Read moreRaspberry Pi confirms London IPO
22nd May 2024 08:09
(Sharecast News) - Computer maker Raspberry Pi confirmed on Wednesday that it plans to float on the London Stock Exchange, likely in June.
Read moreLondon open: Stocks fall as inflation data dashes rate cut hopes
22nd May 2024 08:09
(Sharecast News) - London stocks fell in early trade on Wednesday as data showed that inflation fell less than expected in April, dashing hopes of a summer rate cut.
Read moreBritish Land reports robust second-half rental growth
22nd May 2024 08:03
(Sharecast News) - British Land reported robust second-half rental growth and stable property values in its final results on Wednesday, as its underlying profit rose 2% to £268m, while underlying earnings per share increased 1% to 28.5p.
Read moreMitchells & Butlers sees FY results at top end of expectations
22nd May 2024 07:57
(Sharecast News) - Pub group Mitchells & Butlers said on Wednesday that its full-year results were set to be at the top end of consensus expectations as it reported a rise in first-half profit.
Read moreUK consumer price inflation falls to 2.3% in April
22nd May 2024 07:40
(Sharecast News) - Consumer price inflation fell less than expected in April, according to figures released on Wednesday by the Office for National Statistics, dashing hopes of a summer rate cut.
Read moreSevern Trent grows annual profits, lifts dividend
22nd May 2024 07:35
(Sharecast News) - Water group Severn Trent said it delivered an "industry-leading performance" with strong profit and revenue growth in the year where it invested more than ever before, helping the company to lift its final dividend by 9%.
Read moreLondon pre-open: Stocks seen lower; inflation in focus
22nd May 2024 07:34
(Sharecast News) - London stocks were set to fall at the open on Wednesday as the latest figures from the Office for National Statistics showed that inflation declined less than expected in April.
Read moreWednesday newspaper round-up: Anglesey power station, electric cars, Eurostar passengers
22nd May 2024 07:25
(Sharecast News) - Ministers have earmarked north Wales as the site of a large-scale nuclear power plant, which is part of plans to resuscitate Britain's nuclear power ambitions. Wylfa on Anglesey (Ynys Môn) has been named as the preferred site for the UK's third major nuclear power plant in a generation, coming after EDF's Hinkley Point C nuclear plant, which is under construction in Somerset, and its Sizewell C nuclear project planned for Suffolk. - Guardian
Read moreSSE reports 'strong' full-year earnings performance
22nd May 2024 07:21
(Sharecast News) - SSE reported a "strong performance" in its preliminary results for the year on Wednesday, with earnings per share coming in at the top end of guidance despite profits slipping.
Read moreOfcom fines BT £2.8m for knowingly breaching contract info rules
22nd May 2024 07:18
(Sharecast News) - Ofcom announced on Wednesday that it has fined BT Group £2.8m, for failing to provide more than one million customers with clear and essential contract information before signing up for services with its subsidiaries EE and Plusnet.
Read moreRS Group's underlying profits slump 25%
22nd May 2024 07:15
(Sharecast News) - RS Group saw annual profits drop by a quarter, which the industrial and electrical products provider blamed on weakness in global industrial production and the unwinding of unusual post-pandemic trading tailwinds.
Read moreM&S FY profits, sales jump as turnaround efforts bear fruit
22nd May 2024 07:01
(Sharecast News) - Marks & Spencer posted a jump in full-year sales and profits on Wednesday as the retailer's turnaround efforts bore fruit.
Read moreUS close: S&P 500 and Nasdaq set new highs as eyes turn to Nvidia
21st May 2024 22:13
(Sharecast News) - US stocks edged higher on Tuesday, with the S&P 500 and Nasdaq both reaching new heights, though gains were modest as investors showed caution ahead of Nvidia's blockbuster earnings and minutes from the latest Federal Reserve policy meeting.
Read moreSector movers: Stocks slip amid light profit-taking
21st May 2024 19:00
(Sharecast News) - Stocks ended a tad lower as investors waited on a raft of US central bank speakers scheduled for after the close of markets in London.
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