Latest News
Elon Musk explains his reasons for backing Dogecoin and what his plans are
Elon Musk decided to start supporting Dogecoin (DOGE) after being asked about it by "not-so-rich people", after stating this in an interview with 'Bloomberg 'at the Qatar Economic Forum. According to Musk, he himself has "never said you have to invest in cryptocurrencies," and his personal investments are negligible. But when it comes to Dogecoin, Musk stated he intends to continue to support the cryptocurrency meme.
Shore Cap initiates Softcat coverage at 'buy'
Shore Capital has initiated coverage on Softcat with a ‘buy’ recommendation, the broker said on Tuesday.
Amigo Holdings outlines new lending proposition
Amigo Holdings outlined details on Tuesday of a new lending proposition it plans to bring to market, subject to consent from the Financial Conduct Authority to begin lending again.
US pre-open: Futures have stocks bouncing back from Monday's losses
Wall Street futures had stocks opening higher ahead of the bell on Tuesday as market participants continue to rebalance their portfolios ahead of the new quarter.
Europe midday: Miners pace gains as China eases quarantine rules
European stocks were firmly higher on Tuesday after a positive close in Asian markets as China announced the easing of Covid-19 quarantine rules for overseas visitors.
Workers at Royal Mail begin vote on strike action
Workers at Royal Mail have begun voting on possible industrial action in an increasingly fractious row over pay.
Grocery volumes ease as shoppers look to manage spending
Grocery volumes eased in June, industry data showed on Tuesday, as soaring inflation and the rising cost of living weighed heavily.
London midday: Stocks rally as miners, energy firms push higher
London stocks were still firmly in the black by midday on Tuesday, having taken their cue from a positive session in Asia, with energy firms and miners pacing the gains.
Abingdon Health reaches £6.3m settlement with DHSC
Rapid testing kits manufacturer Abingdon Health has reached a settlement agreement with the Department for Health and Social Care on outstanding invoices payable to the group for lateral flow tests and component stock.
Tribal Group secures multiple cloud contract wins
Software and services firm Tribal Group said on Tuesday that it had secured a number of cloud contract wins, demonstrating further momentum against its cloud strategy and providing the group with confidence in achieving its growth aspirations.
JPMorgan downgrades Severn Trent as it turns cautious on water sector
JPMorgan Cazenove downgraded Severn Trent on Tuesday as it took a look at the UK water sector.
Heathrow ordered to cut landing charges
Heathrow Airport has accused the Civil Aviation Authority of putting future investment at risk after the regulator ordered it to cut landing charges.
Savannah Energy makes first gas sales to TransAfam's Nigerian power plants
Independent energy company Savannah Energy's Accugas subsidiary has made its first gas sales to TransAfam Power in relation to the provision of gas for use at its power plants in Nigeria.
Jadestone Energy names Bert-Jaap Dijkstra as CFO
Oil and gas production firm Jadestone Energy has tapped Bert-Jaap Dijkstra to take over as chief financial officer, with effect from 1 September.
Berenberg on initiates coverage on Marks Electrical at 'buy'
Analysts at Berenberg initiated coverage on online retailer Marks Electrical Group at 'buy' on Tuesday, stating the group was now "making its mark".
Wandisco secures largest-ever contract
Software firm Wandisco has secured an $11. 6m contract with an unnamed global communications group, the company's largest-ever contract.
Pennon sinks as Ofwat launches probe into South West Water
Pennon shares sank on Tuesday after it said that water regulator Ofwat will be including South West Water in its investigation into how water and wastewater companies manage their wastewater treatment works.
London open: FTSE up as miners rally; Pennon slumps
London stocks rose in early trade on Tuesday following a positive session in Asia, with miners pacing the gains.
Payments firm Wise posts rise in FY profits, revenue
Payments company Wise - which floated on the London Stock Exchange last year - posted a jump in full-year profit and revenue on Tuesday.
Asia report: Shares rally as China cuts quarantine period
Asian shares rallied at the close on Tuesday after China slashed the quarantine time for inbound travelers by half.