News Archive

Europe open: Shares edge higher after US, UK inflation data

14th Feb 2024 08:10

(Sharecast News) - European markets edged ahead at the open on Wednesday as investors analysed inflation data from the US and UK.

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London open: Stocks gain as inflation holds steady

14th Feb 2024 08:05

(Sharecast News) - London stocks rose in early trade on Wednesday as data showed that UK inflation was steady in January, taking pressure off the Bank of England to keep rates higher for longer.

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Bloomsbury FY revenues 'significantly ahead' of already upgraded expectations

14th Feb 2024 07:35

(Sharecast News) - Publishing house Bloomsbury said on Wednesday that both revenue and profits had come in "significantly ahead" of upgraded expectations for the year ended 29 February.

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London pre-open: Stocks to edge down as inflation holds steady

14th Feb 2024 07:32

(Sharecast News) - London stocks were set to edge down at the open on Wednesday following a downbeat session on Wall Street, as data showed that UK inflation held steady in January.

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Severn Trent confirms full-year outlook

14th Feb 2024 07:29

(Sharecast News) - UK water and waste firm Severn Trent reiterated its full-year outlook on Wednesday.

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United Utilities maintains guidance despite weather effects

14th Feb 2024 07:21

(Sharecast News) - United Utilities reported no significant changes to its financial guidance for the 2024 financial year in an update on Wednesday, despite weather-related challenges.

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Coca-Cola HBC posts record 2023 profits on strong sales

14th Feb 2024 07:21

(Sharecast News) - Coca-Cola HBC on Wednesday posted record profits last year driven by surging sales and volumes for sparkling drinks and coffee combined with costs easing in the second half.

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Wednesday newspaper round-up: Lyft, Hinkley, Waitrose, BAT

14th Feb 2024 07:17

(Sharecast News) - UK shop workers are facing 1,300 incidents of violence and abuse a day and a battle to control "brazen" acts of shoplifting, as pressure mounts on ministers to intervene to protect retail employees. Retailers saw the number of incidents of racial abuse, sexual harassment, physical assaults and threats with weapons rise 50% last year, while thefts more than doubled to 16.7m incidents, according to the British Retail Consortium (BRC), the trade body which represents most major retailers. - Guardian

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Vistry's Countryside Partnerships to deliver 5,000 new homes with Sigma

14th Feb 2024 07:13

(Sharecast News) - Vistry said on Wednesday that Countryside Partnerships has entered into a new framework agreement with Sigma Capital Group to deliver 5,000 new homes for Sigma's build-to-rent brand (BTR), Simple Life Homes.

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Dunelm rewards shareholders as H1 profits, sales rise

14th Feb 2024 07:04

(Sharecast News) - UK furniture and homewares chain Dunelm lifted its dividend and declared a special payout after a rise in interim profits and sales amid volatile trading conditions.

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UK inflation holds steady at 4%

14th Feb 2024 06:59

(Sharecast News) - UK inflation remained unchanged in January, official data showed on Wednesday, coming in narrowly better than forecast.

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US close: Dow tumbles as inflation tops forecasts

13th Feb 2024 23:26

(Sharecast News) - Stocks on Wall Street fell through to the closing bell on Tuesday, with the Dow posting its most significant decline since March last year as investors grappled with a January inflation report that exceeded expectations.

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Sector movers: Homebuilders, precious metals miners retreat

13th Feb 2024 22:53

(Sharecast News) - Interest rate sensitive areas of the market sagged on Tuesday as the latest U.S. inflation data printed ahead of economists' forecasts.

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Wednesday preview: UK CPI, Q4 euro area GDP in focus

13th Feb 2024 22:10

(Sharecast News) - Inflation concerns will continue to be front and centre on investors' minds in the middle of the week.

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Europe close: Stocks fall back after hotter-than-expected US CPI data

13th Feb 2024 21:13

(Sharecast News) - European stocks retreated on Tuesday after the latest US inflation data led traders to price in fewer interest rate cuts in the States for over 2024.

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