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Latest News
05 Jul
Finance, graph
Imagination Technologies swings to full-year loss

Imagination Technologies, which design chips for Apple, swung to a loss for the year ended 30 April as revenue dropped amid a significant restructuring of the business.

05 Jul
Standard Life suspends trading of property fund after Brexit

Standard Life Investments has suspended trading in its UK property fund after uncertainty surrounding markets in Britain after the country voted to leave the European Union last month.

05 Jul
union-europea-banderas
Eurozone retail sales rise 0.4% in May, in line with expectations

Retail sales in the 19 countries that share the euro rose 0. 4% in May, according to the latest figures from Eurostat.

05 Jul
health, nurse
NHS calls on politicians to follow through on funding promises

The head of the National Health Service has urged political leaders to follow through on their pledge to increase funding for the body following Britain's decision to leave the European Union in last month's historic election.

05 Jul
ukflag
UK services PMI returns to 38-month low on referendum woes

UK services expansion weakened in June to match April's 38-year low amid a darkening outlook and worries about Brexit, according to data released on Tuesday.

05 Jul
petrofac
Broker tips: UK retailers, Petrofac, Whitbread

Liberum revisited its stance on UK general retailers on Tuesday in light of the more uncertain outlook following the vote to leave the European Union.

05 Jul
nzx new zealand stock exchange 50 auckland wellington
Asia report: China, NZ buck regional losses

Most Asian markets ended up lower on Tuesday, with Australian shares finally catching up with the uncertainty surrounding Saturday’s federal election outcome.

05 Jul
allianz
Eurozone services PMI beats forecasts but GDP growth sluggish

The eurozone services sector recorded a better than expected performance in June, according to purchasing managers index (PMI) data from Markit, though a final reading of the composite index indicated the eurozone endured its weakest second quarter of growth since the end of 2014.

05 Jul
Liberum downgrades Pets at Home, upgrades Supergroup post Brexit

Liberum revisited its stance on UK general retailers on Tuesday in light of the more uncertain outlook following the vote to leave the European Union.

05 Jul
handshake
Premier Technical Services buys two businesses for a combined £5.6m

Premier Technical Services (PTS), a niche service provider, bought UK Dry Risers (UKDR) for £2. 1m and UK Dry Risers Maintenance (UKDRM) for £3. 5m to expand the company’s service to new niche markets.

05 Jul
petrofac
Petrofac upgraded to 'buy' from 'hold' by Canaccord

Petrofac’s stock was on Tuesday upgraded from ‘hold’ to ‘buy’ and its target price raised from 775p to 850p by Canaccord Genuity.

05 Jul
handshake
Meggitt wins $18m contract with Australian Defence Force

Aerospace and defence company Meggitt said it had won an $18m contract from the Australian Defence Force's to develop, manufacture and install 460 EF88 Steyr assault rifle simulators and 115 SL40 40mm simulated grenade launchers.

05 Jul
St Andrews Ridge Persimmon Homes
Persimmon says too soon to judge Brexit impact; first half 'strong'

Housebuilder Persimmon said it was still too soon to judge the effect of Brexit on the new homes market, adding that trading through the first half had been “strong”.

05 Jul
union-europea-banderas
Europe open: Stocks fall as concerns about Brexit return

European stocks fell in early trade as concerns about the impact of Brexit weighed on investors’ minds ahead of the Bank of England’s financial stability report.

05 Jul
assange
Wikileaks posts thousands of new war emails from Hillary Clinton

Whistleblowing website Wikileaks has published more than 1,000 of Hillary Clinton's private emails relating to the Iraq War.

05 Jul
Uranium mine, mining
Hunter Resources shares suspended on AIM

Hunter Resources shares were suspended on AIM on Tuesday after failing to reach agreement through arbitration on its Pampamali joint venture in Peru.

05 Jul
Whitbread, Costa Coffee, restaurants, Premier Inn
Whitbread slumps on Barclays downgrade

Whitbread shares slumped on Tuesday as Barclays downgraded the stock to ‘underweight’ from ‘equalweight’ and slashed the price target to 3,220p from 4,150p.

05 Jul
un-travailleur-tient-en-parapluie-aux-couleurs-du-royaume-uni-devant-le-london-stock-exchange-en-octobre-2008-bourse-marches-financiers
London open: Stocks fall ahead of BoE's financial stability report

London stocks opened in the red on Tuesday ahead of services data and the Bank of England’s financial stability report, as worries about Brexit continued to weigh on investors' minds.

05 Jul
money
Polar Capital Technology reports on 'frustrating' year

Investment trust Polar Capital Technology published a set of lacklustre preliminary results on Tuesday, with its chairman describing the 12 months to the end of April as “frustrating”.

05 Jul
Easyhotel
easyHotel sells space in Liverpool building for £0.6m

Budget chain easyHotel said it had sold part of a building in Liverpool under a 125-year leasehold agreement for £0. 6m.