Latest News
UK house prices fall 4.6% in August amid rising mortgage costs - Halifax
Annual UK house prices suffered their worst fall in August since 2009 amid rising mortgage costs, according to data released by Halifax on Thursday.
Sales decline eases at Currys, but Nordics still a drag
Electrical retailer Currys saw its sales decline ease slightly in the first quarter but noted a continuing "challenging" trading environment, especially within its Nordics division.
Smurfit Kappa in merger talks with US peer WestRock
Paper and packaging company Smurfit Kappa confirmed on Thursday that it is in merger talks with US peer WestRock.
German industrial production falls again in July as struggles continue
German industrial production fell again in July as manufacturing in Europe's largest economy continued its struggles to recover from high inflation and costs.
BAT finally offloads Russian business, Synthomer revenue and earnings fall
London open The FTSE 100 is expected to open 30 points lower on Thursday, having closed down 0. 16% on Wednesday at 7,426. 14.
London pre-open: Stocks seen lower on weak US, Asian cues
London stocks were set to fall at the open on Thursday following downbeat US and Asian sessions.
Beazley post record H1 profit, but combined ratio jumps
Insurance group Beazley said it remains on track to hit guidance after delivering record profits in the first half, though its combined ratio jumped.
China exports fall for fourth month in a row
China exports fell for the fourth successive month in August as weak demand and persistent supply chain issues continued to dog the world’s second-largest economy in its efforts to rebound from the impacts of the Covid pandemic.
Thursday newspaper round-up: Google, IAG, Waitrose, Goldman Sachs
Google faces a new multibillion-pound lawsuit from UK consumers accusing the company of contributing to cost-of-living price rises. The lawsuit, on behalf of every consumer in the UK, says that Google has stifled competition in the search engine market, which caused prices to rise across the UK economy. – Guardian.
BAT signs deal to sell Russia, Belarus businesses
British American Tobacco on Thursday said it had finally signed a deal to sell its Russian and Belarusian businesses to a consortium led by local management.
US close: Stocks fall as oil prices reach 2023 highs
Wall Street witnessed a dip in performance on Wednesday, as investors grappled with renewed inflationary anxieties, stemming from a noticeable uptick in bond yields and crude oil prices.