News Archive
UK business leader confidence drops sharply ahead of Budget
1st Oct 2024 07:51
(Sharecast News) - Confidence among business leaders in the UK dropped in September to its lowest level in nearly two years, with uncertainty ahead of the Autumn Budget holding back investment decisions.
Read moreHaleon buys back £230m in shares after Pfizer offloads £2.43bn stake
1st Oct 2024 07:48
(Sharecast News) - Pharma giant Pfizer has offloaded a £2.43bn stake in Haleon, which in turn said it would buy back £230m of the shares.
Read moreLondon pre-open: Stocks seen higher after Monday's losses
1st Oct 2024 07:36
(Sharecast News) - London stocks were set to gain on Tuesday following heavy losses in the previous session, as investors digested a speech by Federal Reserve chair Jerome Powell and looked ahead to the latest UK manufacturing reading.
Read moreTuesday newspaper round-up: Tips, eBay, business confidence
1st Oct 2024 07:26
(Sharecast News) - Unions fear some restaurants and other businesses may slip through the net of new legislation over the fair distribution of tips and service charges that comes into force in Great Britain on Tuesday. The government said the long-planned changes would mean workers would be in line for about £200m that may otherwise have been retained by employers. Under the new rules 100% of tips - by cash or card - and any service charge levied on customers must be passed on to staff working in restaurants, cafes, hotels, hairdressers or taxi firms. - Guardian
Read moreGaggenau lets Marylebone flagship store from Great Portland Estates
1st Oct 2024 07:24
(Sharecast News) - London-focused property group Great Portland Estates has let nearly 7,000 square feet of retail space at Orchard Court in Marylebone to luxury home appliances brand Gaggenau.
Read morePeel Hunt reports solid first half but warns of political uncertainties
1st Oct 2024 07:21
(Sharecast News) - Peel Hunt reported a strong first-half financial performance on Tuesday, with group revenue rising 25% year-on-year to £53.3m, up from £42.7m a year earlier.
Read moreGreggs backs full-year outlook as Q3 sales rise
1st Oct 2024 07:20
(Sharecast News) - Greggs slumped on Tuesday as it backed its full-year outlook but reported a slowdown in third-quarter sales growth.
Read moreEndeavour Mining taps Sonia Scarselli as new VP of exploration
1st Oct 2024 07:18
(Sharecast News) - Endeavour Mining announced the appointment of Sonia Scarselli as its executive vice-president of exploration on Tuesday, effective from December.
Read moreRio Tinto signs deal to develop lithium supply chain across Europe
1st Oct 2024 07:09
(Sharecast News) - British-Australian metals and mining titan Rio Tinto has announced a lithium supply chain commercial partnership with UK-based, lithium refinery developer Green Lithium.
Read moreUS close: Stocks stage late rally as Powell discusses future rate cuts
30th Sep 2024 23:25
(Sharecast News) - US stocks registered mild gains on Monday after a late rally following comments from Federal Reserve chair Jerome Powell, who indicated that interest-rate cuts would continue - albeit by a reduced amount - in the coming months.
Read moreBerenberg raises target price on Cranswick
30th Sep 2024 16:08
(Sharecast News) - Analysts at Berenberg raised their target price on food production company Cranswick from 5,312.0p to 5,674.0p on Monday, stating structural factors were driving trading strength.
Read moreLondon close: Stocks slip on GDP revision, Middle East tensions
30th Sep 2024 16:06
(Sharecast News) - London stocks closed in the red on Monday, with heightened geopolitical tensions in the Middle East weighing on investor sentiment.
Read moreChicago PMI rises more than expected, but downturn continues
30th Sep 2024 15:23
(Sharecast News) - The downturn in business activity in the Chicago region eased slightly in September but remained in negative territory for the 10th straight month.
Read moreEurope close: Auto stocks weigh heavily as Stoxx 600 retreats from record high
30th Sep 2024 15:22
(Sharecast News) - European stocks fell sharply on Monday as the last trading session of the fourth quarter ended on a negative note, with heavy falls from auto manufacturers weighing on markets.
Read moreBiome secures £0.19m RF technologies contract
30th Sep 2024 15:20
(Sharecast News) - Biome Technologies announced that its RF technologies division had secured a £0.19m contract to upgrade advanced analytical equipment previously supplied to a UK-regulated industry.
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