News Archive

London midday: FTSE remains touch lower as BoE stands pat as expected

20th Mar 2025 10:49

(Sharecast News) - London stocks were still a touch lower by midday on Thursday as the Bank of England stood pat on interest rates, as expected.

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German producer prices rise by less than forecast

20th Mar 2025 10:44

(Sharecast News) - Producer prices across Germany rose by less than expected in February, official data showed on Thursday.

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Focusrite maintains expectations amid economic uncertainty

20th Mar 2025 10:41

(Sharecast News) - Audio production equipment specialist Focusrite reported first-half revenue growth in an update on Thursday, with performance in line with expectations, despite margin pressure from freight costs and product mix.

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UK consumer confidence up in March but still 'fragile', GfK says

20th Mar 2025 10:38

(Sharecast News) - Consumer confidence in the UK improved slightly in March, but remained "fragile", the results of a closely followed survey showed.

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SNB sets rates at 0.25pc in fifth consecutive cut

20th Mar 2025 10:29

(Sharecast News) - Switzerland's central bank reduced its policy interest rate by 25 basis points to 0.25% on Thursday, marking its fifth consecutive cut since March 2024.

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Asia report: Markets mixed as Fed, PBoC hold rates

20th Mar 2025 10:13

(Sharecast News) - Asia-Pacific markets were mixed on Thursday as investors reacted to unchanged interest rates in both China and the United States.

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Asos surges as largest shareholder Anders Holch Povlsen ups stake

20th Mar 2025 09:58

(Sharecast News) - Asos shares surged on Thursday after largest shareholder Anders Holch Povlsen upped his stake in the online fashion retailer to just below the level that triggers a mandatory takeover offer.

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Lloyd's of London hails 'outstanding' year despite profits hit

20th Mar 2025 09:50

(Sharecast News) - Lloyd's of London reported a slide in profits on Thursday, following a raft of catastrophes in the US.

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3i Group reports progress at Action, shares slide

20th Mar 2025 09:14

(Sharecast News) - Shares in investing giant 3i Group were sliding on Thursday morning, even after it reported positive progress ahead of a capital markets seminar focused on its largest portfolio company, the Benelux-focussed general discount retailer Action.

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US pre-open: Early gains erased as futures turn sharply lower

20th Mar 2025 09:07

(Sharecast News) - US stock futures turned sharply lower ahead of the opening bell, erasing gains made the previous session, as equities tracked European and Asian markets into the red.

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Costain selected as delivery partner for Urenco at Capenhurst

20th Mar 2025 09:06

(Sharecast News) - Costain Group announced on Thursday that it has been selected as the programme delivery partner for Urenco's infrastructure investment at its Capenhurst site in Cheshire.

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Crest Nicholson sees strong start to the year, shares jump

20th Mar 2025 09:04

(Sharecast News) - Shares in Crest Nicholson Holdings rallied on Thursday, after the housebuilder said it had seen an "encouraging" start to the year.

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Wickes profits drop amid weaker demand for larger ticket items

20th Mar 2025 08:56

(Sharecast News) - Wickes rallied on Thursday as it posted a drop in full-year profits due to weaker demand for larger ticket items, but said it remained on track to meet market expectations for FY25 and announced a £20m share buyback.

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Europe midday: Markets turn red on macro, geopolitical concerns

20th Mar 2025 08:29

(Sharecast News) - European stock markets dropped into the red by Thursday lunchtime, as concerns about a fragile global economy and geopolitical tensions hit sentiment.

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London open: FTSE edges up after jobs data, ahead of BoE announcement

20th Mar 2025 07:56

(Sharecast News) - London stocks edged up in early trade on Thursday ahead of the latest Bank of England policy announcement, as data showed the unemployment rate remained steady in January while wage growth slowed slightly but remained "relatively strong".

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