News

Utilico Emerging Markets Trust: Announcement of shareholder-friendly initiatives
The Board of Utilico Emerging Markets Trust plc has announced the following update. As set out in the annual report for the ...
UPDATE: Bank of England lifts GDP forecast as votes 5-4 to cut rates
In the August Monetary Policy Report, the BoE forecast UK economic growth to hit 1.25% this year, slightly better than the central bank's previous estimate of 1%. However, this remains dependent on a ...
LONDON MARKET CLOSE: Stocks mixed, pound up after hawkish BoE rate cut
The FTSE 100 index closed down 63.54 points, 0.7%, at 9,100.77. The FTSE 250 ended 12.22 points higher, 0.1%, at 21,938.10 while the AIM All-Share finished down 0.84 of a point, 0.1%, at 763.51.
London midday: Stocks extend losses as BoE cuts rates
(Sharecast News) - London stocks had extended losses just after midday on Thursday after the Bank of England cut interest rates by 25 basis points to 4.0%, as expected. The FTSE 100 was down 0.7% at 9 ...
Shares in Morgan Advanced Materials slump as forecasts low end profit
(Alliance News) - Morgan Advanced Materials PLC on Thursday warned full year profit would be at the bottom end of market expectations reflecting weak and challenging markets. In response, shares in ...
LONDON MARKET OPEN: London mixed ahead of UK interest rate decision
London stocks were mixed at Thursday's market open, as investors look to a UK interest rate decision at midday and weigh an acceleration in house prices during July. The FTSE 100 index opened down 33.
SMALL-CAP WINNERS & LOSERS: Vanquis swings to profit as costs reduced
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
Legal & General growth driven by rising pension risk transfer demand
Looking ahead, Legal & General said it continues to expect full-year core operating earnings per share growth within its three-year target range of 6% to 9%. In the medium-term, the company is ...
THG to post decline in half-year earnings; agrees Claremont disposal
(Alliance News) - THG PLC on Wednesday announced it has agreed to sell its flavourings brand Claremont Ingredients, as the business expects to post a double-digit decline in earnings for the first ...
LONDON BROKER RATINGS: Fresnillo and BP get price target upgrades
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Deutsche Bank Research raises Diageo price target to 2,060 (2,010) pence - 'hold ...
Pershing Square Holdings secures fee reduction in voting rights deal
(Alliance News) - Pershing Square Holdings Ltd on Wednesday said its investment manager had agreed to lower fees, in exchange for sole voting rights on an investment in Howard Hughes Holdings Inc.
UPDATE: Glencore confirms it won't seek US primary stock listing
(Alliance News) - Glencore PLC on Wednesday confirmed that it won't be seeking a primary share listing in the US, keeping its listings in London and Johannesburg.