News Archive
Telecom Plus customer base tops one million
6th Mar 2024 08:37
(Sharecast News) - Utilities, insurance and broadband provider Telecom Plus has passed the one-million customer milestone, as it confirmed that trading was in line with expectations for the full year.
Read moreLondon open: Stocks edge up ahead of Budget, Powell speech
6th Mar 2024 08:29
(Sharecast News) - London stocks edged up in early trade on Wednesday as investors eyed the Spring Budget and a speech by US Federal Reserve chair Jerome Powell.
Read moreEurope open: Stocks up with eyes on UK budget, Powell testimony
6th Mar 2024 08:22
(Sharecast News) - European shares edged ahead at the open on Wednesday as investors awaited the UK's spring budget statement and testimony from US Federal Reserve Chair Jerome Powell.
Read moreUpturn in housebuilding boosts UK construction sector - PMI
6th Mar 2024 08:13
(Sharecast News) - The UK's hard-pressed construction sector strengthened last month, a closely-watched survey showed on Wednesday, led by a turnaround in housebuilding.
Read moreTullow cites lower oil prices as FY profits, revenue decline
6th Mar 2024 08:13
(Sharecast News) - Oil and gas explorer Tullow Oil reported a drop in full-year profit and revenue on Wednesday, citing lower oil prices.
Read moreIbstock FY revenue and profits slide
6th Mar 2024 08:09
(Sharecast News) - Brick maker Ibstock revealed on Wednesday that revenue and profits had fallen in 2023 amid "difficult market conditions".
Read more888 Holdings axes SI deal, mulls sale of US consumer arm
6th Mar 2024 07:59
(Sharecast News) - UK gambling outfit 888 Holdings on Wednesday admitted its bet on the US sports market hadn't paid off and was ending its deal with Sports Illustrated and mulling a potential sale of its American consumer operations.
Read moreAntler sells 21.5m shares in Baltic Classifieds in placing
6th Mar 2024 07:58
(Sharecast News) - Antler, which is controlled by funds advised by Apax, has sold 21.5m shares in Baltic Classifieds Group in a placing, raising gross proceeds of £47.3m.
Read moreConsortium raises £1.4bn in placing of 21.5m LSEG shares
6th Mar 2024 07:51
(Sharecast News) - A consortium of investors in London Stock Exchange Group has sold 21.5m shares in a placing, raising around £1.4bn.
Read moreQuilter sees 25% rise in full-year profits
6th Mar 2024 07:49
(Sharecast News) - Wealth management company Quilter saw profits rise by a quarter in 2023, helped by a five percentage-point increase in operating margins, after strong investment returns during the year.
Read morePremier Foods to suspend pensions deficit payments early
6th Mar 2024 07:42
(Sharecast News) - Premier Foods said on Wednesday that it will benefit from £33m increased free cash flow in the financial year to 29 March 2025 after reaching an agreement with the trustee of its pension scheme to suspend pension deficit contribution payments from 1 April 2024.
Read moreLondon pre-open: Stocks to edge up ahead of Budget
6th Mar 2024 07:40
(Sharecast News) - London stocks were set to edge up at the open on Wednesday, with all eyes on the Spring Budget.
Read moreWednesday newspaper round-up: Fuel duty, Post Office, ECB
6th Mar 2024 07:32
(Sharecast News) - Retaining the fuel duty cut in the budget is a regressive policy that benefits the wealthiest in society, who will save £60 a year, while those who earn the least will save just £22, according to analysis. Jeremy Hunt is expected to announce an extension of the 5p cut in fuel duty brought in during 2022, a proposal that has won him plaudits across the rightwing press. - Guardian
Read moreLondonMetric completes merger with LXi, buys Crewe property
6th Mar 2024 07:27
(Sharecast News) - LondonMetric Property announced the completion of its merger with LXi REIT on Wednesday, effective on 5 March.
Read moreL&G posts below-forecast operating profits
6th Mar 2024 07:25
(Sharecast News) - UK insurer Legal & General posted lower-than-expected operating profits last year amid tough market conditions.
Read more