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Latest News
08 Mar
vertu motors
Vertu Motors shares down as firm eyes record profits

Vertu Motors was eyeing up a record year on Tuesday, though the markets didn't quite seem to agree with the board in afternoon trading.

08 Mar
money
Walker Greenbank gets £8m insurance payment for factory flood

Luxury interior furnishings group Walker Greenbank said on Tuesday that it has received an interim insurance payment of £8m related to the flooding last year at its Standfast & Barracks fabric printing factory in Lancaster.

08 Mar
Bank of England, BoE, banking, financial services, money, City, London
Economists push back timing of first BoE rate hike, poll shows

Economists have pushed back their forecasts for the timing of the first interest rate hike from the Bank of England for the third time this year, according to the latest poll from Reuters.

08 Mar
20141030 122019 opt 1 opt
LSE and Deutsche Boerse close to announcing merger agreement

London Stock Exchange and Deutsche Boerse are expected to officially announce a merger agreement next week, according to reports.

08 Mar
money
Powerflute Oyj reports on stellar year

Powerflute Oyj reported a stellar 2015 on Tuesday, with revenue and earnings growing significantly during the calendar year.

08 Mar
Frankfurt, European Central Bank, euro, ECB, eurozone, single currency
LSE and Deutsche Boerse to offer customers major savings from merger

The London Stock Exchange and Deutsche Boerse will pledge almost $7bn of customer savings from their proposed merger and are planning to announce a merger agreement next week, according to reports, as the pair look to block potential rival bids from the US.

08 Mar
talktalk telecom talk talk
FTSE 250 movers: TalkTalk up after company admits security shortfalls

The FTSE 250 was trending down in afternoon trading on Tuesday, after weak data from China fuelled global concerns about the economic health of the People's Republic.

08 Mar
wall street
US open: Stocks decline as Chinese data disappoints

US stocks were in the red after worse-than-expected Chinese trade data.

08 Mar
Thomas Cook Airbus A320 aircraft, aviation, transport
Thomas Cook extends ban on Sharm el-Sheikh flights

Tour operator Thomas Cook has extended its ban on flights to Egyptian tourist spot Sharm el-Sheikh until the end of October.

08 Mar
China, Shanghai, Asia
Chinese exports shrink rapidly in February, but economists optimistic

China's trade surplus shrank far more quickly in February than markets had anticipated, but some economists cautioned the data was still subject to distortions linked to the Chinese New Year, even as they pointed out signs of underlying strength.

08 Mar
Results round-up: Worldpay, Close Bros

Market newcomer Worldpay published an impressive set of maiden results on Tuesday, though investors were not so keen on the company's ability to keep up with expectations going forward.

08 Mar
tesco
Tesco stopping the rot as Sainsbury's strong run continues, Kantar says

Sainsbury's was the only one of the Big Four supermarkets to enjoy increased spending in the last three months, though Tesco halved its sales decline, according to data from Kantar Worldpanel.

08 Mar
Wednesday preview: Prudential reports full year results

Insurance giant Prudential is expected to report a 14% increase in full year operating profit to £3. 64bn on Wednesday.

08 Mar
Rio Tinto, mining, diamond mine in Zimbabwe
Tuesday broker round-up

South32: HBSC upgrades to buy with a target price of 85p.

08 Mar
handshake
Quantum Pharma promotes Chris Rigg to CFO

AIM-listed niche pharmaceutical manufacturer Quantum Pharma has promoted Chris Rigg to the role of chief financial officer.

08 Mar
Burberry, retail, fashion
FTSE 100 movers: Miners slump on China data; Burberry in fashion

London’s FTSE 100 was down 0. 4% to 6,161. 02 at 1410 GMT, with miners suffering the brunt of the losses following soft Chinese data.

08 Mar
Iron ore mining
Fortescue, Vale forge £680m iron pact

As iron ore prices saw record gains early in the week, Australian miner Fortescue Metals Group formed a deal with the world's largest producer - Brazil-based Vale.

08 Mar
wind, windfarm, renewable energy, offshore, turbine
John Laing grows NAV by 15%, proposes 5.3p final dividend

John Laing Group has proposed a final dividend of 5. 3p per share after the infrastructure investor increased net asset value 15. 4% in 2015.

08 Mar
Tube commuters warned of "another pointless strike"

Transport for London was warning commuters in the capital of "another pointless strike" on the Tube on Tuesday, after Picadilly line drivers voted to walk out over what they described as "bullying, harassment and intimidation" from managers.

08 Mar
Foxtons full year profit hit by London slowdown

Estate agency Foxtons posted a drop in full year pre-tax profit as the Central London market from which it generates a significant proportion of its revenues remained challenging.