Latest News
CMA approves Nationwide's acquisition of Virgin Money UK
Virgin Money UK announced on Friday that its has received unconditional approval from the Competition and Markets Authority (CMA) for its acquisition by Nationwide Building Society.
Taylor Maritime subsidiary gets approval to take full ownership of Grindrod
Taylor Maritime Investments (TMI) announced on Friday that its subsidiary, Grindrod Shipping Holdings, has received approval from Singapore’s High Court for its selective capital reduction.
Ofcom halts inflation-linked mid-contract price rises
Telecoms providers are to be banned from putting up prices linked to inflation mid-contract, the regulator confirmed on Friday.
Asia report: Most markets fall as Japan's inflation holds steady
Asia-Pacific markets mostly declined on Friday, mirroring Wall Street's downturn as investors rotated out of tech stocks and booked profits from recent equity rallies.
Canaccord Genuity raises target price on Dunelm
Analysts at Canaccord Genuity raised their target price on home furnishings retailer Dunelm from 1,250. 0p to 1,325. 0p on Friday, stating the firm's "strong finish" to FY24 had driven a "small" earnings beat.
UK retail sales slide in June - ONS
UK retail sales fell by more than expected in June, official data showed on Friday, partially reversing May’s jump.
London open: US politics, global IT glitch trip up investors
Stocks in London were trading lower in early trading as investors digested the latest political headlines out of the US and their potential implications for the stock market.
Hargreaves Lansdown extends £5.4bn takeover deadline
The deadline for a potential £5. 4bn takeover of Hargreaves Lansdown has been pushed back, the fund supermarket confirmed on Friday.
Berenberg hikes target price on AJ Bell following Q3 earnings
Analysts at Berenberg hiked their target price on financial services firm AJ Bell from 370. 0p to 410. 0p on Friday after the group's Q3 earnings on 18 July sent shares up roughly 6% on the day.
Europe open: Shares lower as investors mull ECB rate call; global IT outage
European stocks opened lower on Friday as a major technical outage involving Microsoft hit businesses around the world.
London pre-open: Stocks set to dip, US political soap opera in focus
Stocks in London looked set for a muted start as investors digested the latest political headlines out of the US and their potential implications for the stock market.
Government borrowing higher than forecast in June - ONS
Public sector borrowing came in higher than expected in June, official data showed on Friday.
Segro sells logistics warehouse portfolio, consumer stocks in focus
London open The FTSE 100 is expected to open 34 points lower on Friday, having closed up 0. 21% on Thursday at 8,204. 89.
Friday newspaper round-up: Arena Television, social care, Obama, Netflix, Pret a Manger
Liquidators of Arena Television, the failed outside broadcast business at the centre of what has been called Britain’s “largest ever” asset-based lending fraud, are suing Lloyds Banking Group for up to £285 million. Lloyds and its Bank of Scotland subsidiary are accused of processing payments “without authority”, allegedly allowing Arena’s directors to perpetrate a “substantial and wide-ranging fraud” against scores of lenders, court filings show.
Segro Europe JV sells Italian warehouses for €327m
A joint venture half-owned by SEGRO has sold a portfolio of logistics warehouses in Italy for €327m (£275m), the company said on Friday.