Latest News
MPs call for 'internet levy' to level business rates field
A UK parliamentary committee has recommended a levy on internet-only retailers like Amazon and Asos in order to level the playing field against high street shops who have to pay business rates on their shops.
Apple WWDC: All you need to know
Apple unveiled a raft of new technology at its highly-anticipated WWDC developers conference on Monday - including what it described as its biggest software release yet for the iPhone.
Russia handed suspended disqualifcation as fans sent home
Russia have been handed a suspended disqualification from Euro 2016 and dozens of fans have been deported after mass crowd violence during their game with England in the Stade Velodrome in Marseille on Saturday.
Premier Farnell rockets on Daetwyler deal
Shares in Premier Farnell rocketed on Tuesday after the electronic component distributor agreed to be bought by Swiss-based Daetwyler Holding AG for 165p per share in cash.
RBC downgrades Premier Farnell, says Daetwyler deal looks a good price
RBC Capital Markets downgraded electronic component distributor Premier Farnell to ‘sector perform’ from ‘outperform’ but lifted the target price to 165p from 155p following its agreement to be bought by Swiss-based Daetwyler Holding AG for 165p per share.
Broker tips: Go-Ahead, Henderson Group, Ted Baker
Investec downgraded its stance on transport operator Go-Ahead to ‘add’ from ‘buy’ and cut the price target to 2,500p from 2,800p following the company’s full-year pre-close trading update.
Results round-up
After a strong fourth quarter where profit margins grew to record levels, Ashtead has announced a bumper dividend and a £200m share buyback.
Tuesday broker round-up
Henderson Group: Exane BNP Paribas downgrades to neutral with a target price of 240p.
GSK's Head of Vaccines to step down
GlaxoSmithKline’s head of vaccines announced his decision to retire after nearly three decades of service to the firm, including a decade as a member of the board.
Europe midday: Stocks in the red as Brexit fears intensify
European stocks fell as investors shunned risk for the relative safety of bonds amid growing concern the UK might vote to leave the European Union at the upcoming referendum and ahead of rate announcements from the Federal Reserve, the Bank of England and the bank of Japan later this week.
Airlines warn of cancellations as French controllers strike
Football fans flying to Euro 2016 in France have been warned to expect possible disruption, as French air traffic controllers prepare to strike.
Market overview: Sterling battling but Berenberg hikes Brexit risk
1147: Economists at Berenberg have raised their risk of a Brexit from 30% to 40% after a slew of opinion polls suggested the balance of voters who want to stay in the EU versus those who want to leave the union has tipped even further in favour of 'Leave'. The German bank's poll tracker for the UK’s EU referendum currently indicates a three point lead for Leave as both the online polls and the telephone polls have now shifted towards a Brexit indication. They note that sterling volatility is currently 30% above its highest point during the 2008/09 financial crisis.
London midday: Stocks fall on rising Brexit fears, UK inflation miss
London stocks were under the cosh on Tuesday after UK inflation data missed expectations and Brexit worries intensified.
Lack of government in Spain could add to economic shock from Brussels sanction
Recent opinion polls reignited market concerns about a Podemos-led government in Spain, but that was still far from a ‘done deal’, although the possibility did exist now of a costlier budget battle with Brussels , strategists at SocGen said.
Brexit may lead to loss of half a million public sector jobs
Senior Labour figures have warned that up to half a million public sector jobs could be lost if Britons vote to leave the European Union in June 23rd's historic referendum. In a statement released to The Indepedent, over thirty figures said that Brexit could lead to a 40 billion pound loss to the British economy that could be filled by public sector cuts, considering the current Conservative governemnt's attitude towards the public sector.
Investec downgrades Go-Ahead on weaker GTR outlook
Investec downgraded its stance on transport operator Go-Ahead to ‘add’ from ‘buy’ and cut the price target to 2,500p from 2,800p following the company’s full-year pre-close trading update.
US pre-open: Stocks seen lower ahead of Fed and amid Brexit concerns
US futures pointed to a weaker open on Wall Street as investors looked to Wednesday’s Federal Reserve policy announcement and amid jitters about the upcoming EU referendum in the UK.
Apple's WWDC Keynote: What's new?
There was no hardware news at Apple's Worldwide Developer Conference but there was a whole heap of new features for the technology giant's four main operating systems. watchOS, tvOS, iOS and newly-released macOS introduced various new software improvements for their devices, which will be available in early autumn of this year. Here's the lowdown:.
Orlando gunman Mateen was a regular at gay nightclub before shooting
The man who killed 49 people at a gay nightclub in Orlando, Florida was reportedly a regular at the club and used gay dating apps.
Asia report: Selloff continues amid Brexit jitters
Markets in Asia were mostly lower on Tuesday, as Brexit fears continued to plague global equities.