News Archive

Asia report: Stocks rise after Fed decision, wave of regional data

21st Mar 2024 09:09

(Sharecast News) - Asia-Pacific markets finished with a generally positive performance on Thursday, buoyed by the US Federal Reserve's latest policy stance.

Read more

Europe open: Stoxx hits record on dovish Fed comments

21st Mar 2024 08:25

(Sharecast News) - European stocks hit fresh highs on Thursday as investors cheered dovish comments from US central bankers overnight and awaited a decision on interest rates from the Bank of England among others.

Read more

Ascential unveils £850m capital return as resized business delivers strong growth

21st Mar 2024 08:23

(Sharecast News) - Ascential saw shares rise on Thursday after the events, intelligence and advisory company announced a capital return of £850m to shareholders after beating analysts' forecasts with its 2023 results.

Read more

London open: Stocks rally after Wall St gains; BoE in focus

21st Mar 2024 08:14

(Sharecast News) - London stocks rallied in early trade on Thursday, taking their cue from strong gains on Wall Street after the Federal Reserve stood pat on interest rates and chair Jerome Powell struck a dovish note.

Read more

Bank of England leaves rates unchanged at 5.25%

21st Mar 2024 08:09

(Sharecast News) - The Bank of England left interest rates on hold on Thursday, as widely expected.

Read more

Direct Line reinstates dividend, announces new cost-savings plan

21st Mar 2024 08:08

(Sharecast News) - Direct Line posted a widening of its full-year losses on Thursday as it announced a new £100m cost-savings plan and declared a 4p a share dividend.

Read more

Games Workshop sees trading in line, lifts dividend

21st Mar 2024 07:59

(Sharecast News) - Warhammer maker Games Workshop said trading in the three months to the end of February 2024 had been in line with expectations.

Read more

Nationwide, Virgin Money agree terms of £2.9bn deal

21st Mar 2024 07:52

(Sharecast News) - Virgin Money has formally agreed to be taken over by Nationwide Building Society in a £2.9bn deal.

Read more

London pre-open: Stocks seen higher after US gains; BoE in focus

21st Mar 2024 07:38

(Sharecast News) - London stocks were set to jump at the open on Thursday following strong gains on Wall Street, after the Federal Reserve stood pat on interest rates and chair Jerome Powell struck a dovish note.

Read more

Centamin holds outlook as production rises 2%

21st Mar 2024 07:29

(Sharecast News) - Gold miner Centamin said its outlook for 2024 remained unchanged as it delivered annual production in line with guidance despite local inflationary cost pressures.

Read more

UK public-sector borrowing dropped in February

21st Mar 2024 07:25

(Sharecast News) - Public-sector borrowing in the UK dropped significantly in February and was down year-on-year for the fourth straight month, according to figures released on Thursday by the Office for National Statistics.

Read more

Thursday newspaper round-up: Reddit, Daily Mail, zero hour contracts

21st Mar 2024 07:24

(Sharecast News) - The disgraced former owner of Norton Motorcycles should have served jail time for his role in the multi-million-pound pension fraud, the chair of the Pensions Ombudsman service has told a parliamentary inquiry into the scandal. The comments by Anthony Arter will be viewed by victims as a thinly veiled criticism of a prosecution run by the Pensions Regulator against former Norton boss, Stuart Garner, who was convicted of three pensions offences in 2022 but avoided prison because the regulator did not allege dishonesty. - Guardian

Read more

FirstGroup secures London Cable Car contract with TfL

21st Mar 2024 07:23

(Sharecast News) - FirstGroup announced on Thursday that it has secured the contract from Transport for London (TfL) to operate the London Cable Car between the Greenwich Peninsula and the Royal Docks area along the River Thames.

Read more

Judges Scientific revenue rises, outlook more uncertain

21st Mar 2024 07:20

(Sharecast News) - Scientific instrument sector investor Judges Scientific reported a 20% uptick in 2023 revenue in its final results on Thursday, reaching £136.1m, although its shares were sliding on a more uncertain outlook for 2024.

Read more

UK private sector continues to grow in March

21st Mar 2024 07:20

(Sharecast News) - UK service sector output continued to grow in March, albeit at a slower pace, according to a survey released on Thursday, suggesting the economy has likely moved out of recession.

Read more