News Archive

Workspace reports solid demand despite rent roll dip

15th Oct 2024 08:42

(Sharecast News) - Workspace Group reported solid demand for its flexible office space in its second quarter on Tuesday, completing 296 new lettings with a total rental value of £7.4m, although like-for-like occupancy dipped 0.7% to 87.5% as a higher-than-usual number of larger customers vacated premises.

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London open: Stocks mixed on weaker UK wage growth

15th Oct 2024 08:41

(Sharecast News) - London markets opened in mixed territory on Tuesday, as investors digested data showing continued weakness in the UK jobs market, after an upbeat session on Wall Street overnight.

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Europe open: Shares up on strong Wall St; Crude prices fall sharply

15th Oct 2024 08:17

(Sharecast News) - European shares opened higher on Tuesday after another record close on Wall Street, while crude oil prices were down sharply after a report claimed Israel would strike at Iranian military installations not energy targets.

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IntegraFin average daily FuD hits record high in Q4

15th Oct 2024 08:07

(Sharecast News) - Investment platform operator Integrafin said on Tuesday that average daily funds under direction had hit record highs in Q424, boosting total group revenues for the period.

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Wise posts rise in Q2 income as customer numbers soar

15th Oct 2024 07:59

(Sharecast News) - Fintech money transfer platform Wise on Tuesday reported a 17% jump in second-quarter income after a strong rise in customer numbers.

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QinetiQ on track after 'good' second quarter

15th Oct 2024 07:34

(Sharecast News) - QinetiQ Group said in a trading update on Tuesday that it remained on track to meet its full-year expectations after its second quarter.

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UK wage growth falls as employers cut payrolls, raising rate cut hopes

15th Oct 2024 07:32

(Sharecast News) - UK earnings growth fell to its lowest level for more than two years, in another sign that the jobs market was weakening as businesses cut the number of workers on payrolls, according to data published on Tuesday, raising the expectations of a rate cut from the Bank of England next month.

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London pre-open: Stocks seen higher after US gains; jobs data in focus

15th Oct 2024 07:26

(Sharecast News) - London stocks were set to rise at the open on Tuesday following a positive session on Wall Street, as investors mulled the latest UK jobs data.

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Tuesday newspaper round-up: Energy crisis, Porterbrook, Google

15th Oct 2024 07:13

(Sharecast News) - Britain is at risk of experiencing a repeat of the sharp increase in energy costs which has fuelled the continuing cost of living crisis because it relies too heavily on gas, according to an expert panel of industry leaders. The Energy Crisis Commission has warned that the UK is still "dangerously underprepared" for another crisis because it continues to rely on gas for its power plants and home heating. - Guardian

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Robert Walters reports continued weakness in third quarter

15th Oct 2024 07:09

(Sharecast News) - Robert Walters reported a 12% decline in third-quarter net fee income on Tuesday, as challenging market conditions persisted across all of its regions.

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Bellway profits slump but sees brighter outlook as reservations rise

15th Oct 2024 07:04

(Sharecast News) - UK housebuilder Bellway on Tuesday reported a slump in annual profits, reflecting weaker demand due to higher mortgage rates, but said its forward order book had increased as economic conditions eased.

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US close: Dow closes above 43,000 points for the first time

14th Oct 2024 22:45

(Sharecast News) - Major indices closed higher on Monday as market participants braced for a week packed with key Q3 corporate earnings.

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Broker tips: Wizz Air, JD Sports, Bunzl

14th Oct 2024 16:32

(Sharecast News) - Analysts at Citi placed budget carrier Wizz Air on 'negative catalyst watch' on Monday, stating it now sees downside risk to the group's FY25 guidance.

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Director dealings: Volution CEO lowers stake

14th Oct 2024 15:28

(Sharecast News) - Volution revealed on Monday that chief executive Ronnie George and his wife Lynsey had disposed of 2.3m ordinary shares in the ventilation equipment manufacturer.

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London close: Stocks higher ahead of UK jobs, inflation data

14th Oct 2024 15:06

(Sharecast News) - London stocks finished higher on Monday, reversing earlier losses driven by disappointment over China's weekend stimulus announcement.

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