Latest News
IAG shares sink after long weekend computer failure
Shares in International Consolidated Airlines Group (IAG) dropped sharply after London market's opened after a long weekend where the meltdown of British Airways' computer systems left 75,000 holidaymakers stranded in airports and the airline facing a chunky compensation bill.
Election Q&A: May faces Brexit grilling, Corbyn claims 'I am not a dictator'
Theresa May defended the Conservative party's plans for Brexit while Labour leader Jeremy Corbyn declared that he was not a dictator in separate election question and answer sessions broadcast on Monday night.
Allied Minds makes CEO appointment permanent
Allied Minds, the life-science and technology intellectual property investor, has made Jill Smith's appointment as chief executive permanent, having hired her on an interim basis in March.
JP Morgan upgrades UK stocks because of their defensive qualities
Strategists at JP Morgan upgraded their recommendation on UK stocks, touting the 'defensive' qualities of British shares, expectations for better performance from commodity sectors, limited upside for sterling and record cheap valuations on some metrics.
Investec upgrades OneSavings Bank to 'buy'
Investec upgraded OneSavings Bank to 'buy' from 'hold', keeping the price target at 455p.
Europe open: Stocks start the day lower, geopolitical frictions eyed
Stocks are lower at the start of the trading but off their worst levels with investors seemingly hesitant to keep pushing stocks higher despite relatively buoyant data out of France.
Sula Iron & Gold signs new contract with Equity Drilling
AIM-listed gold exploration company Sula Iron & Gold has signed a new 5,000m drilling contract with Equity Drilling on its flagship Ferensola gold project.
Blancco Technology chairman Rob Woodward to step down
AIM-listed Blancco Technology said on Tuesday that Rob Woodward will step down as chairman and from the board around the time of the company's full-year results in October.
Stanley Gibbons sells 25% interest in Masterpiece for £1.4m
Stamp and coin specialist Stanley Gibbons has sold its 25% interest in Masterpiece, the operator of the annual Masterpiece London art and antiques fair, to Masterpiece for a total consideration of £1. 4 million payable in cash.
London open: Stocks in the red; IAG tanks on BA chaos
London stocks were weaker in early trade, with IAG suffering the heaviest losses following an IT outage at British Airways that has caused three days of disruptions for passengers.
LSE to buy Citi's fixed income analytics platform and index family
London Stock Exchange Group has struck a deal to buy a fixed income analytics platform and family of fixed income indices from US bank Citigroup's for $685m (£535m) cash.
Witan consolidates, drops two external managers
Following a review of its five managers with a global equity remit, Witan announced on Tuesday that it had decided to consolidate the previous five portfolios into three, under the management of three of its existing managers.
International PPL performance 'fully in line'
Global infrastructure project investment company International Public Partnerships Limited updated the market on its portfolio performance for the period from 1 January to 26 May on Tuesday, with the board claiming its portfolio of 127 investments in regulated and public infrastructure projects was performing fully in line with expectations.
Intu brings TH Real Estate as partner at Madrid Xanadu
Shopping centre operator Intu Properties announced on Tuesday that both itself and TH Real Estate - on behalf of its pan-European investment vehicle, the European Cities Fund - had agreed to form a joint venture to own Madrid Xanadú shopping centre in Spain.
Ryanair cautious on Brexit developments, security in Europe
A combination of 'security events' and weak sterling saw Ryanair's full-year revenue growth slow last year, despite which the budget airline forecast a modest increase in profit growth for the year ahead.
Anglo American completes sale of interest in Dartbrook, LSE to buy Citi indices and analytics business
London open.
CLS Holdings buys Dortmund property for €35.6m
CLS Holdings said it had bought a multi-let office property in Dortmund, Germany, for €35. 6m (£30. 8m) after costs from an unnamed US investment manager.
McCarthy & Stone appoints John Tonkiss as CFO
Retirement housebuilder McCarthy & Stone has appointed John Tonkiss as its group chief operating officer with effect from 1 June.
London pre-open: Stocks seen lower after the long weekend
London stocks looked set for a weaker open after the bank holiday weekend.