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Latest News
23 Nov
Hipotecas-a-50-años mortgage housing
Estate agents stung by Chancellor's ban on letting fees

In his Autumn Statement, Chancellor Philip Hammond announced he planned to clamp down on letting agent fees, sending estate agents shares lower on Wednesday.

23 Nov
wolseley, building, materials
Canaccord Genuity lifts target price on Wolseley ahead of Q1 update

Canaccord Genuity hiked its target on Wolseley ahead of the builders merchant's first quarter update.

23 Nov
City workers
US initial jobless claims rise a little more than expected

The number of Americans filing for unemployment benefits rose a little more than expected last week, according to data released by the Labor Department.

23 Nov
Finsbury Food cake
Finsbury Food acts against weak sterling, trading in line with expectations

Speciality baker Finsbury Food Group said it had continued to trade in-line with expectations during the first four months of the new financial year having adopted various measures to compensate for higher input costs after the pound weakened in the aftermath of Brexit.

23 Nov
rita barbera
Prominent Spanish politician involved in corruption case passes away

Spanish senator and former mayor of Valencia Rita Barbera passed away after suffering from a heart attack on Wednesday morning, whilst under investigation for corruption charges.

23 Nov
water cleaning plant
HSBC highlights defensive attractions of Severn Trent

HSBC raised its target price on Severnt Trent and stuck to its 'hold' recommendation due to the attractions of its 'defensive' nature.

23 Nov
Embraer Phenom 100 jet, aircraft, aerospace, air travel, Meggitt, Brazil
Meggitt gains on bid speculation

Aerospace and defence group Meggitt got a boost on Wednesday amid speculation it may have received a bid approach.

23 Nov
money pound cash
Tavistock Investments to raise £2.1m to fund Price Bailey acquisition

Tavistock Investments has agreed to acquire financial advisory firm Price Bailey Financial Services, though its shares were sent south on Wednesday by news that it plans to fund the purchase with a discounted £2. 1m fundraising.

23 Nov
Europe midday: Stocks dip despite positive PMI figures

European stocks were lower in the early afternoon, despite PMI data being better than expected, as investors kept an eye on oil prices.

23 Nov
Wall Street, New York Stock Exchange, markets, traders, US, America
US pre-open: Stocks set for muted open ahead of data slew, Fed minutes

US futures pointed to a muted open on Wall Street as investors paused for breath after the Dow closed above 19,000 for the first time on Tuesday, with a slew of data releases and the latest Federal Reserve minutes due ahead of the Thanksgiving break.

23 Nov
drilling rig
Pantheon Resources cuts losses ahead of significant year

Pantheon Resources reported reduced losses in a year where it struck hydrocarbon resources at four wells and began the move from an explorer to a developer on the brink of production.

23 Nov
Colombian government to sign modified deal after referendum rejection

Colombia's government has signed a new peace agreement with Farc rebels, after the initial deal between the two sides was rejected by a referendum last month.

23 Nov
Westminster, London, politics, government, Big Ben
London midday: Stocks pare gains as estate agents slide ahead of Autumn Statement

Stocks in London were up but paring gains by midday as estate agents came under pressure ahead of the Treasury's Autumn Statement.

23 Nov
smartphone tecnologia movil coche
New research shows "Luminaries" taking over from "Juggling Generation"

Research from Bauer Media has suggested a change in how those previously categorised as "middle-aged", with the new group being referred to as "The Luminaries".

23 Nov
la-concurrence-ryanair-en-allemagne-pour-eurowings-et-lufthansa
Lufthansa cancels hundreds of flights after pilot strike goes ahead

German airline Lufthansa cancelled almost 900 flights on Wednesday after a last-minute legal challenge to a planned pilot strike failed.

23 Nov
Former Sainsbury's chief warns of rise in supermarket prices

Prices in UK supermarkets will rise by at least 5% over the next six months, said former Sainsbury's chief executive Justin King.

23 Nov
water cleaning plant
MTI Wireless Edge win first water management client in Tanzania

Antenna maker MTI Wireless Edge won a first energy and water management order from Tanzania.

23 Nov
john menzies, aviation, distribution
John Menzies shuffles board and secures new debt

Scottish Aviation company John Menzies has appointed two new board members and finalised a loan agreement for the recent $202m acquisition of Aircraft Service International Group (ASIG).

23 Nov
Rio Tinto, mining, diamond mine in Zimbabwe
Rio Tinto agrees sale of Lochaber assets for $410m

Rio Tinto has agreed to sell its assets at Lochaber in Scotland to SIMEC for $410m (£330m).

23 Nov
cmc markets, peter cruddas
CMC Markets profits fall as subdued trading lingers

Despite the volatility reported elsewhere, CMC Markets reported first-half profits were hit by subdued trading activity and warned that if it continued it would drag full year profits lower than last year's.