News Archive

Science Group chastises Ricardo board, says chair's position 'untenable'

31st Mar 2025 13:27

(Sharecast News) - Science Group issued a detailed and strongly-worded update criticising the governance, financial performance and strategic direction of Ricardo, in which it holds a 16.85% stake, on Monday.

Read more

Idox makes positive start to financial year

31st Mar 2025 12:02

(Sharecast News) - Idox said in an update on Monday that it has made a positive start to the current financial year, with trading for the period from 1 November to date in line with the board's expectations.

Read more

Thames Water pics KKR as preferred partner

31st Mar 2025 11:52

(Sharecast News) - Thames Water has selected US investment firm KKR to take a stake in the business, as the utility desperately works to avoid renationalisation amid eye-watering bill increases for its long-suffering customers.

Read more

Mike Ashley's Frasers Group lifts stake in THG

31st Mar 2025 11:52

(Sharecast News) - Mike Ashley's Frasers Group increased its stake in ecommerce group THG on Monday.

Read more

PRA looking to raise deposit protection limit to £110,000

31st Mar 2025 11:51

(Sharecast News) - The Prudential Regulation Authority is proposing to lift the deposit protection limit by £35,000, the first change to its guarantee in eight years.

Read more

Europe midday: Shares dive on latest Trump tariff threat

31st Mar 2025 11:40

(Sharecast News) - European shares slumped on Monday as US President Donald Trump said he would target all countries with tariffs ahead of a raft of new levies due to take effect on Wednesday.

Read more

US pre-open: Futures lower ahead of 'Liberation Day' tariffs

31st Mar 2025 11:40

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Monday as market participants patiently await clarity on Donald Trump's planned tariff measures.

Read more

Canaccord Genuity nudges up target price on Gaming Realms

31st Mar 2025 11:38

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on 'buy' rated software publisher Gaming Realms from 50.0p to 57.0p on Monday, stating it was "well-placed" for FY25 following "another record year".

Read more

London midday: Stocks slide as Trump tariffs rattle markets again

31st Mar 2025 11:38

(Sharecast News) - London stocks had extended losses by midday on Monday as Donald Trump rattled markets yet again, threatening to impose reciprocal tariffs on "all countries".

Read more

Asia report: Markets fall ahead of Trump tariff deadline

31st Mar 2025 11:37

(Sharecast News) - Markets across the Asia-Pacific region fell sharply on Monday, led by Japan's Nikkei 225, which entered correction territory amid growing fears of a new wave of US tariffs set to be implemented later this week by president Donald Trump.

Read more

Conduit CEO steps down as it reiterated Cali wildfires loss estimate

31st Mar 2025 11:37

(Sharecast News) - Conduit Holdings announced the retirement of chief executive officer Trevor Carvey on Monday, effective 11 April, citing personal circumstances requiring his return to the UK.

Read more

PRS REIT posts solid interim results as sale process continues

31st Mar 2025 11:36

(Sharecast News) - PRS REIT posted a robust set of interim results for the six months to 31 December, underpinned by solid rental growth, strong occupancy and disciplined cost management, as the company neared completion of its development programme and continued to explore strategic options including a potential sale.

Read more

YouGov pre-tax profits slump in H1

31st Mar 2025 11:36

(Sharecast News) - Market research and data analytics firm YouGov revealed on Monday that pre-tax profits had sunk in the six months ended 31 January.

Read more

US at more risk of recession from Trump's trade wars, says Goldman

31st Mar 2025 11:34

(Sharecast News) - Goldman Sachs has raised its forecast for the probability of a US recession from 20% to 35%, saying that the Trump administration is sacrificing weaker economic growth as it continues to step up protectionist trade measures.

Read more

Pennon takes £36m hit from Brixham water supply scandal

31st Mar 2025 11:33

(Sharecast News) - Water utility company Pennon Group revealed on Monday that last year's Brixham water supply scandal had cost it roughly £36.0m in "reshaping and transformation" costs.

Read more