Latest News
Sector movers: Tesco sets fresh 52-week high, defensives lag
An upbeat outlook for margins from Tesco boosted the wider sector gauge.
FTSE 250 movers: Centamin gains but Hastings drops on placing
London’s FTSE 250 was down 0. 6% to 18,235. 79 in afternoon trade.
IAG passenger traffic mostly up in September, though cargo mixed
Airline group IAG released its group traffic and capacity statistics for September on Wednesday, with traffic - as measured in revenue passenger kilometres - up 4. 8% year-on-year, while capacity in available seat kilometres rose by 5. 6%.
United Utilities and Severn Trent drop on RBC downgrade
Severn Trent and United Utilities were under the cosh on Wednesday after RBC Capital Markets downgraded both stocks as it took a look at the UK water sector.
US factory orders rise unexpectedly in August
Factory orders grew by 0. 2% month-on-month in August to reach $453. 1bn, according to the Department of Commerce.
London forum to delve into post-Brexit investments
An investor forum of fund managers will in November discuss the impact of Brexit on investments and outcome of the Chancellor’s Autumn Statement.
ISM services index beats expectations, hits 11-month high
Service sector activity improved a lot more than expected in September, hitting an 11-month high, according to figures released on Wednesday.
Thursday preview: ECB releases monetary policy account amid QE speculation
All eyes will be on the European Central Bank on Thursday as the monetary authority publishes its account of the latest policy meeting and as President Mario Draghi attends a key event in Washington.
FTSE 100 movers: Tesco surges on results; water stocks hit by RBC downgrade
London’s FTSE 100 was down 0. 6% to 7,035. 20 in afternoon trade.
Director dealings: Sinclair Pharma veteran joins buying splurge
Sinclair Pharma director Jeff Thompson bought his first shares in the company after they failed to perk up in response to the aesthetic dermatology specialist's staff restructuring last month.
Rudd defends tighter immigration proposals after widespread criticism
Home secretary Amber Rudd defended her proposals to tighten immigration rules, following strong criticism from business leaders and accusations she was inflaming xenophobia and racism.
Drop in pound could warrant removing some accommodation, BoE´s Broadbent says
The drop in the value of Sterling could conceivably - depending on the conditions - warrant removing some monetary accomodation, Bank of England Deputy Governor Ben Broadbent said.
Hurricane Matthew leaves thousands of Haitians displaced
A devastating hurricane has rampaged its way through the Carribean, leaving tens of thousands of people displaced in Haiti, and is set to head towards Cuba and the USA in the coming days.
Markit's US services PMI ticks up in September
Markit’s final US services purchasing managers’ index rose to 52. 3 in September, up from 51. 0 in August and the flash estimate of 51. 9.
Diageo bins plans to raise stake in Guiness Nigeria
Diageo binned plans to raise its stake in Guinness Nigeria as a result of tough market conditions in Africa's largest economy, even after Abuya abandoned a currency peg in the middle of the year.
SVG Capital receives offer for entire investment portfolio
SVG Capital has received a proposal for the acquisition of its entire investment portfolio from investment funds managed by Goldman Sachs Asset Management's Alternative Investments & Manager Selection Group and entities managed by Canada Pension Plan Investment Board.
Cape extends Perenco contract
Cape, an international provider of industrial services to the energy and natural resources sectors, announces an extension and expansion of its current contract with Anglo-French oil and gas company Perenco in the UK.
TalkTalk fined record £400k over cyber attack
TalkTalk has been fined a record £400,000 by the Information Commissioner’s Office for failings over a cyber attack last year that affected more than 150,000 of its customers.
SafeCharge secures Italian gaming site Sisal
Safecharge, an AIM-listed advanced payment technologies outfit, announced that it has won Italian gaming client Sisal.
US trade deficit increases less than expected in August
The US trade deficit edged higher in August as the surplus in America's trade in services with the rest of the world shrank.