Latest News
House purchase lending continues to grow in November, CML reveals
House purchasing lending in the UK rose 5% to £11bn in November from a month ago as prices continued to rise, according to the Council of Mortgage Lenders on Tuesday.
US pre-open: Stocks seen lower ahead of Morgan Stanley earnings, May speech
US futures pointed to a weaker open on Wall Street as investors eyed earnings from banking giant Morgan Stanley and a speech by UK Prime Minister Theresa May.
Microsoft's Nadella will not change business model for Trump
Satya Nadella, chief executive officer of US tech giant Microsoft, has said that his company will not scramble to please president-elect Donald Trump.
Onzima Ventures agrees to buy remaining 51% of N4 Pharma
AIM-listed Onzima Ventures has agreed in principle to buy the 51% of N4 Pharma it does not already own.
ONS house price index rebounds for first time since Brexit vote
UK house prices rose in November for the first time since July, according to the Office for National Statistics on Tuesday.
German ZEW economic sentiment improves less than expected in January
German economic sentiment improved less than expected in January, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
7Digital meets profit target as it benefits from strong dollar
Business to business music and radio company 7Digital met its profit target for the year, aided by a strong dollar against sterling, while it won new contracts.
UK inflation surges more than expected, ONS reveals
UK inflation surged more than expected to 1. 6% by the end of December, according to official data published on Tuesday, the highest level since July 2014.
Families vent anger as search for missing MH370 called off
Search teams led by Malaysia, Australia and China have put an end to the underwater search for the missing Malaysian Airlines flight MH370, with the families of those who vanished critical of the investigation.
Deutsche Bank upgrades Ashtead to 'hold' from 'sell'
Ashtead was given a boost on Tuesday after Deutsche Bank upgraded its rating on the equipment rental company to ‘hold’ from ‘sell’ at an unchanged target price of 1,600p.
Reeken Patel joins Novae as finance chief
Novae Group announced the appointment of Reeken Patel as executive director and group chief financial officer, on Tuesday.
Nature Group sells loss-making Gibraltar subsidiary for £4m
Nature Group, a provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, has brought an end to an “unhappy chapter” in its history by selling its loss-making Gibraltar subsidiary, but warned that its losses for the year would widen “substantially”.
Chris Hsu to lead Micro Focus after HP Enterprise merger
Micro Focus gave the markets some clarity on its future leadership on Tuesday, announcing the appointment of Chris Hsu as its post-merger CEO.
Credit Suisse downgrades Intertek to 'underperform'
Credit Suisse has downgraded Intertek to ‘underperform’ from ‘neutral’ and cut the price target to 3,200p from 3,400p as it took a more cautious view on the rate of recovery in the resources operations and increased risk to its consumer and product divisions.
Hotel Chocolat's Christmas sales not sweet enough for investors
Hotel Chocolat Group’s quarterly revenue rose during the Christmas period due to an increase in footfall for the chocolatier and sales of higher priced items, though investors seemed disappointed about what that implied for like-for-like growth.
RWS Holdings appoints Richard Thompson as CEO
Intellectual property support service provider RWS Holdings has appointed Richard Thompson as chief executive, effective from 1 April, following the retirement of Reinhard Ottway.
Learning Technologies marks profits higher after transformational year
Learning Technologies revealed profits last year were better than expected as a US acquisition significantly outperformed and a contract to provide training to the entire UK civil service began to transform the e-learning group's prospects.
Greggs sees FY slightly ahead of expectations after strong Christmas
FTSE 250 baker Greggs said on Tuesday that its full-year results are likely to be slightly ahead of previous expectations following particularly strong sales over the Christmas period.
StanChart surges on BofA Merrill Lynch upgrade
Standard Chartered got a boost on Tuesday as Bank of America Merrill Lynch upgraded the stock to ‘buy’ from ‘neutral’ and lifted the price target to 900p from 735p, saying the bank was progressing towards reasonable returns.
Dechra revenue surges after several acquisitions
As a result of several acquisitions veterinary pharmaceutical Dechra’s half year revenue surged, while it gained regulatory approval in the US for its generic antibiotic.