Latest News
Black Friday not the cheapest day of the year, says Which
Almost half of electricals products ‘on offer’ during Black Friday promotions in the UK are actually cheaper in the months before or after the much-hyped discount day, according to an investigation.
Mortgages hit a "historic low", say CML
Mortgage costs reached a “historic low” in September according to Council of Mortgage Lenders (CML) as interest rates fell after the Brexit vote.
Wednesday preview: Employment report in focus
The employment report for October was expected to be the focus of trading, barring surprises from overseas.
FX roundup: Sterling softens on surprise UK inflation drop; US rates in focus
Sterling was lower across most of the board on Tuesday afternoon, its spiral south sparked by an unexpected fall in UK consumer prices earlier in the session.
Directors dealings: Computacenter chairman stocks up
Computacenter's non-executive chairman bought into the shares of the IT infrastructure services provider again, picking up 10,000 shares at an individual price of 721p on 14 November, the company said in a statement.
Macquarie raises copper price forecasts, boosts target prices for miners
Analysts at Macquarie hiked their target prices for a raft of miners due to the "acute" sensitivity of the pure copper plays and the majors to the price of that metal.
London close: Tesco paces gains as sales accelerate
Stocks in London finished higher as the pound slid back against the dollar after data showed consumer prices unexpectedly dropped in October.
Small cap round up
Back-office software company EG Solutions has won its first mobile and multilingual contract with a retail energy company, worth £1. 3m. The AIM-listed company will implement its EG operational intelligence software and EG mobile product across 500 back office, call centres and sales staff in Europe in a bid to improve end-to-end customer service, optimise resources, and ensure regulatory compliance.
Europe close: Stocks rise even after German GDP misses forecasts
European equity markets finished at their best levels of the day as oil prices rose and German investor confidence improved, although growth figures for Europe's largest economy fell short of expectations.
Commodities: Crude charges north on hopes of OPEC output cut
Crude oil futures are charging more than 3% higher on Tuesday afternoon amid renewed hopes and some jawboning on whether cartel OPEC will cut output when it meets later this month, helping to alleviate the chronic global supply glut.
Sector movers: Grocers gain on survey data, miners fall amid profit-taking
Food and drug retailers paced gains on the market, with Tesco leading the way a day before its Capital Markets Day.
FTSE 250 movers: Oil services stocks bounce, Kaz knocked off high
The FTSE 250 index was on the up again on Tuesday, rising almost 0. 5% to over 17,550 by mid-afternoon as oil-related stocks inflated on hopes of more oil price gains.
US open: Markets mixed as December Fed rate hike seems likely
US equities were mixed on Tuesday as oil prices surged over 3%, while data pointed to firmer household spending, which could increase the likelihood of a rate hike from the Federal Reserve.
Trump claims he would have won "more easily" if election was based on popular vote
US president-elect Donald Trump has claimed that if the election was based on the popular vote, he would have scored a more comprehensive victory over Hillary Clinton.
FTSE 100 movers: Easyjet soars but copper miners dive
The FTSE 100 rose 0. 78% to 6,805. 84 in late afternoon trade.
Premier Foods underlying profit falls on grocery difficulties
Premier Foods posted its half-year results for the 26 weeks to 1 October on Tuesday, with group underlying sales down 1. 8% due to a 4% decline in grocery sales, though that was partly offset by good performance in the sweet treats division of 4. 1%.
IGas Energy gets OK for Nottinghamshire shale gas exploration
Shale gas developer IGas Energy has been granted planning consent by Nottinghamshire County Council to drill two exploratory wells in Misson Springs, North Nottinghamshire.
Results round-up
Budget airline EasyJet reported a drop in profit and revenue for the year to the end of September and cut its dividend as it took a hit from terrorist attacks and as the UK’s decision to leave the European Union made the euro more expensive for British travellers over the summer.
Tharisa soars as mine project passes completion test
Shares in South African platinum miner Tharisa soared almost 20% on news it has successfully undertaken the mine project completion test regarding a ZAR1bn a senior-debt finance facility.
General Electric pays $915m for software firm ServiceMax
US industrial supplier General Electric has agreed to pay $915m for software company ServiceMax, which was recently published as part of Forbes' list of next billion dollar startups.