Full List Of Stories
Mike Ashley's Frasers Group lifts stake in AO World
Mike Ashley’s Frasers Group upped its stake in online electricals retailer AO World on Tuesday.
FTSE 100 movers: Segro rallies; Kingfisher tumbles after results
London’s FTSE 100 was up 0. 4% at 8,668. 18 in afternoon trade on Tuesday.
JPMorgan cuts European banks ‘overweight’ against US banks to ‘neutral’
JPMorgan Cazenove said on Tuesday that it was remaining positive on European banks, moving from ‘overweight’ Europe versus US banks to ‘neutral’, considering the discount of just 16% for Europe to US banks today.
Anglo American’s Sakatti copper project given ‘strategic’ status by EU
Anglo American said on Tuesday that its Sakatti copper and polymetallic project in Finland has been designated as a 'strategic project' by the European Commission.
London midday: Stocks extend gains as Segro, Shell advance
London stocks had extended gains by midday on Tuesday, helped along by a strong showing from housebuilders, with Segro and Shell also providing a boost.
Retail sales slump in March amid weak consumer confidence - CBI
UK retail sales slumped in March amid weak consumer confidence, according to the Confederation of British Industry’s latest ‘distributive trades’ survey.
THG raises £90m, founder Matthew Moulding contributes £60m
THG said on Tuesday that it has raised £90m in a share placing and refinancing, which includes a £60m contribution from founder and chief executive Matthew Moulding, as it looks to support its "strategic growth targets".
German business sentiment improves in March - Ifo
German business sentiment improved in March, according to a survey released on Tuesday by the Ifo Institute.
Segro to create £1bn data centre in JV with Oaktree-owned Pure Data Centres
Segro announced a joint venture on Tuesday with Pure Data Centres - owned by Oaktree - to create its first fully fitted data centre, which it expects to pre-lease to a hyperscaler.
London open: FTSE gains as housebuilders, Shell rally
London stocks rose in early trade on Tuesday, with housebuilders charging ahead after well-received results from Bellway.
Morgan Sindall sees FY profits ‘slightly’ ahead of market views, shares surge
Morgan Sindall surged on Tuesday as it said 2025 profits were set to be "slightly" ahead of market consensus following a stronger-than-expected performance from the Fit Out division.
Drax to buy Harmony Energy Income Trust in £199.9m deal
Drax said on Tuesday that it has agreed to buy Harmony Energy Income Trust - a company that invests in battery energy storage systems in the UK - for around £199. 9m.
AO World sees FY profit at top end of guidance
Online electricals retailer AO World hailed a "strong" performance on Tuesday as it said that full-year profit was set to be around the top end of its previously upgraded guidance range.
Bellway cites lower mortgage rates, improved confidence as H1 profits grow
Housebuilder Bellway hailed a "strong" first half on Tuesday as it posted a 12% increase in underlying pre-tax profit, citing lower mortgage interest rates and improved consumer confidence.
London pre-open: Stocks seen lower as earnings roll in
London stocks were set to fall at the open on Tuesday despite a positive session on Wall Street, as investors braced for a deluge of corporate news.
Tuesday newspaper round-up: Consumer confidence, FCA, Octopus Energy
Consumers are cutting back spending on everyday items amid falling confidence in the UK economy before Rachel Reeves’s spring statement, according to a survey. As the chancellor prepares to confirm billions of pounds in cuts to welfare and government spending on Wednesday, the research by KPMG showed growing numbers of people in Britain believed the economy was heading in the wrong direction. – Guardian.