News Archive
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 moreLondon 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 moreCentamin 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 moreUK 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 moreThursday 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 moreFirstGroup 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 moreJudges 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 moreUK 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 moreM&G beats profit forecasts with 28% profit growth
21st Mar 2024 07:11
(Sharecast News) - Savings and investments firm M&G beat analysts' forecasts with its 2023 results, with net client flows, adjusted profits and operating capital generation all up materially on the previous year.
Read moreNext holds guidance as annual profits rise 5%
21st Mar 2024 07:09
(Sharecast News) - Shares in UK fashion retailer Next jumped on Thursday as it held guidance for 2024 after posting a better-than-expected 5% rise in annual profits and flagged lower prices for customers this year.
Read moreUS close: Stocks rise as Fed holds interest rates
21st Mar 2024 00:32
(Sharecast News) - Wall Street stocks finished Wednesday's trading session on a positive note following the Federal Reserve's decision to maintain interest rates, aligning with market expectations.
Read moreLondon close: Stocks mixed ahead of Fed, BoE decisions
20th Mar 2024 16:53
(Sharecast News) - London markets closed with a mixed but little-changed performance on Wednesday, as investors digested a larger-than-expected slowdown in UK inflation.
Read moreBroker tips: Sabre Insurance, Close Brothers, Elementis
20th Mar 2024 16:11
(Sharecast News) - RBC Capital Markets has lifted its target price for Sabre Insurance from 200p to 220p and reiterated an 'outperform' rating after the company's well-received annual results, hailing the company's ability to continue winning volumes profitably.
Read moreEurope close: Stocks little changed ahead of Fed decision
20th Mar 2024 16:05
(Sharecast News) - European shares were flat on Wednesday as investors awaited the outcome of the Federal Reserve's policy meeting , while shares in luxury goods were down on a sales warning from Gucci owner Kering and UK insurer Prudential tanked on worries over its exposure to China.
Read moreThursday preview: Bank of Engand, M&G in focus
20th Mar 2024 16:04
(Sharecast News) - Investors' focus on Thursday will be firmly on the Bank of England's interest rate decision.
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