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Latest News
17 May
Premier Foods, Oxo
Premier Food extends confident medium-term growth target

Premier Food said it expects to deliver sales growth of 2-4% in the coming year and in the medium term, after full year results were boosted by improved sales momentum in the fourth quarter.

17 May
telefonos moviles
Crossrider shares tank after board warns on earnings

Digital advertising platform creator Crossrider watched its shares nosedive on Tuesday, after the company issued a stark profit warning affecting its core products.

17 May
USA-vs-europe-300x191
Europe midday: Stocks hold higher ahead of US CPI data

European stocks were on the front foot on Tuesday as they returned from their long weekend break and played catch up after Monday's gains, with traders focused on the latest US CPI data due for release later in the session.

17 May
television
Ten Alps shares plummet after dire profit warning

Shares in television and multimedia producer Ten Alps, trading as Zinc Media, sank on Tuesday after the company issued a dire profit warning for the current financial year.

17 May
money
Thor raises £0.3m from new investors and Metal Tiger

Australian mineral and development company Thor Mining announced a fresh fundraising on Tuesday, raising £0. 3m through a placing subject to shareholder approval.

17 May
covent garden kings court capital and counties capco
Capco pre-lets 60% of Kings Court development

London property company Capital & Counties (Capco) announced on Tuesday that it has signed a significant pre-let, following serious demand for its Kings Court development in Covent Garden.

17 May
London, city, DL
London midday: Stocks rise despite slowdown in UK inflation

London stocks rose on Tuesday as investors shrugged off a worse-than-expected slowdown in UK inflation.

17 May
halma
UBS downgrades Halma on valuation grounds

UBS has downgraded Halma to 'sell' from 'neutral' with the health and safety technology group's shares tottering at 25-year highs and at a 49% premium to the engineering sector.

17 May
MyLocal reportedly to sell 10% of sites

MyLocal, a convenience store chain established less than a year ago, is to sell more than 10% of its sites in a move that will cast doubt on its owner's long-term commitment to the business, Sky News reported citing a source close to the situation.

17 May
Post office Muswell Hill
UK Post Office to axe 500 jobs, say unions

The UK Post Office is to axe 500 jobs in its cash handling business, the Communications Workers Union (CWU) said on Tuesday.

17 May
property, housing, real estate, house prices
ONS confirms UK house prices spike in March, softening seen since

UK house price growth accelerated to 9. 0% in March compared to the previous year, according to official data, mostly due to the surge in demand for second homes ahead of an increase in buy-to-let stamp duty.

17 May
nzx new zealand stock exchange 50 auckland wellington
Asia report: Oil, Wall Street lead region higher

Most Asian markets advanced on Tuesday, following Wall Street’s lead overnight and taking cues from rising oil prices.

17 May
grecia, bandera, greece, greek flag
IMF pushes for deep restructuring of Greek debt

The world’s watchdog for stability in countries’ external finances pushed for a large reduction in Greece’s loan obligations last week.

17 May
Taylor Wimpey housing 285
Canaccord reiterates 'buy' for Taylor Wimpey after dividend enhancements

Canaccord Genuity reiterated a ‘buy’ rating and target price of 210p for Taylor Wimpey on Tuesday after the housebuilder announced enhancements to its dividend policy.

17 May
numbers, money, calculating, investment, finance
Mortgage lending revisits 2007 peak thanks to buy-to-let spike

British house purchase lending spiked 60% higher in March on an monthly and annual basis as investors rushed to beat the buy-to-let stamp duty increase in April.

17 May
Bank of England BoE governor Mark Carney, banking, financial services
UK inflation slows more than expected to 0.3% in April

UK inflation slowed more than expected in April, moving further away from the Bank of England's 2% target, official data showed on Tuesday.

17 May
Taylor Wimpey housing 285
Taylor Wimpey unveils bumper new dividend policy

Taylor Wimpey unveiled an improved new dividend policy that includes an upgraded ordinary dividend and a special dividend of £300m to be paid in July 2017.

17 May
Frankfurt, European Central Bank, euro, ECB, eurozone, single currency
Europe open: Dax plays catch-up after holidays

European stocks were on the front foot on Tuesday as they returned from their long weekend break and played catch up after Monday's gains.

17 May
the gherkin, londres, rascacielos, edificio
London open: Stocks gain ahead of UK inflation data

London stocks rallied on Tuesday as oil prices gained and investors awaited the release of UK inflation figures.

17 May
vodafone
Vodafone returns to growth and beats forecasts

A strong performance in the fourth quarter helped Vodafone return to annual organic growth for the first time in eight years, with the final dividend also hiked 2% to celebrate completing its Project Spring investment programme.