Latest News
NCC shares tank on poor outlook as sales cycles lengthen
Shares in NCC tanked on Tuesday despite the Manchester-based cybersecurity and software services firm delivering in-line annual results, as investors focused on the outlook statement, which pointed to a lengthening of sales cycles in recent months.
Hvivo strikes £11.5m RSV contract with existing client
Contract research organisation Hvivo has struck a £11. 5m Respiratory Syncytial Virus contract with an "existing top-tier global pharmaceutical client".
Great Portland Estates inks new lease agreement with Heineken UK
Property development and investment firm Great Portland Estates said on Tuesday that Heineken UK has signed a new office lease for 17,000 square foot at its wells&more asset in West London.
Europe open: Shares slip as China trade data dampens rally
European shares opened lower on Tuesday as another China-inspired rally fizzled out after optimism around further stimulus for the world’s second-largest economy was tempered by downbeat trade data.
China exports/imports fall in November
Trade data from China showed a fall in exports and imports last month, in a worrying sign for policy makers ahead of threatened tariffs from the incoming administration of US President-elect Donald Trump.
London open: Stocks fall; Ashtead planning to switch primary listing to US
London stocks fell in early trade on Tuesday following a downbeat session on Wall Street and as sentiment took a hit after another London-listed firm announced plans to move its primary listing to the US.
Smiths News renews Reach contract through 2029
News wholesaler and distributor Smiths News announced a new long-term distribution contract with Reach, the UK’s largest commercial news publisher, on Tuesday.
Begbies Traynor upbeat after strong first half
Professional services consultancy Begbies Traynor reported a strong set of half-year results on Tuesday, with substantial growth in revenue and profitability.
Prudential mulling sale of stake in Eastspring Investments - report
Prudential is reportedly considering options for its asset manager Eastspring Investments that include selling a minority stake to help broaden the business.
Tortilla raises UK revenue forecast, delays France rebranding
Fast-casual restaurant chain Tortilla Mexican Grill reported a strong performance in its core UK market in a trading update on Tuesday, as well as strategic developments in France.
Centrica on track to hit forecasts, ups buyback plan by £300m
British Gas owner Centrica said it expects full-year profits to match analysts' estimates as it beefed up its share buyback programme by £300m.
FirstGroup agrees to buy RATP London in £90m deal
FirstGroup announced an agreement to acquire London bus operator RATP Dev Transit London the French state-owned from RATP Développement on Tuesday, for an enterprise value of £90m.
German inflation confirmed at 2.2% in November
German inflation was confirmed at 2. 2% in November, the federal statistics office said on Tuesday.
Ashtead warns on profits, unveils plans to move listing to NYSE
International equipment rental group Ashtead announced on Tuesday that it is planning to move to a primary listing to the US, where its management team, operational headquarters and vast majority of operations are already based.
London pre-open: Stocks seen down on weak US cues
London stocks were set to fall at the open on Tuesday following a downbeat session on Wall Street.
RBA's dovish tilt raises bets on rate cut next year
The Reserve Bank of Australia on Tuesday held rates steady but raised hopes that there could be a cut on the way after policy makers said they had gained "some confidence" that inflation was heading back to target.
Games Workshop strikes film and TV deal with Amazon, FirstGroup agrees to buy RATP London
London open The FTSE 100 is expected to open 38 points lower on Tuesday, having closed up 0. 52% on Monday at 8,352. 08.
Tuesday newspaper round-up: Rupert Murdoch, Tesla, HSBC
Rupert Murdoch’s three adult children will retain control over their father’s media empire upon his death, a Nevada court has ruled after Murdoch launched a campaign to wrest away their power and give it all to his oldest son. The New York Times reported on Murdoch’s loss, citing a sealed court decision that was filed on Saturday. The family battle took place outside of the public’s eye, despite attempts from the media to gain access to the trial. – Guardian.
Games Workshop seals deal with Amazon for Warhammer film, TV series
Games Workshop on Tuesday said it had reached a final deal with Amazon to adapt its Warhammer 40,000 universe into films and television series, together with associated merchandising rights after agreeing creative guidelines.
Tuesday preview: Chinese trade numbers, RBA policy meeting in the spotlight
The market spotlight on Tuesday will turn to Asia, where the latest Chinese trade numbers are due out and central bankers Down Under are due to decide on policy.