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Headline News
24 May
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UK consumer confidence continues to strengthen - GfK

UK consumer confidence sparked in May, a long-running survey showed on Friday, as households become more upbeat about the economy and their finances.

23 May
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AJ Bell founder Andy Bell to sell 7.5m shares in placing

AJ Bell said late on Thursday that founder Any Bell plans to sell around 7. 5m ordinary shares in the investment platform in a placing.

23 May
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James Gorman to leave Morgan Stanley at end of year

Morgan Stanley executive chairman James Gorman announced on Thursday that he would step down from his role at the end of the year, in remarks at the bank's annual shareholder meeting.

23 May
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Activist fund Palliser urges Rio Tinto to ditch London listing

Activist hedge fund Palliser Capital urged Rio Tinto to shift its primary stock market listing from London to Sydney, it emerged on Thursday, to potentially increase its share price by nearly 40%.

23 May
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US economic activity picks up to more than two-year highs, PMIs show

Economic activity in the US picked up unexpectedly in May, the results of two surveys revealed.

23 May
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Royal Mail owner IDS delays results amid takeover bid

Royal Mail owner International Distribution Services said on Thursday that it has had to delay the publication of its full-year results - which were originally due on Thursday morning - after auditor KPMG requested additional time to complete procedures.

23 May
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Turkey central bank holds rates at 50%

Turkey’s central bank kept interest rates unchanged at 50% on Thursday for the second month in a row, as expected.

23 May
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NatWest share sale plan on hold after election called

NatWest was trading lower on Thursday following reports that plans for a sale of shares in the bank to the general public have been put on hold after Prime Minister Rishi Sunak called a general election for 4 July.

23 May
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HSBC fined £6.3m over treatment of customers in financial difficulty

HSBC has been fined nearly £6. 3m by the Financial Conduct Authority over its treatment of customers in financial difficulty.

23 May
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Hill & Smith flags positive start to year

Infrastructure products specialist Hill & Smith reported a positive start to the year in an update on Thursday, slightly exceeding expectations.

23 May
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UK manufacturing sector rebounds in May - PMI

The UK’s under-pressure manufacturing sector rebounded in May, a closely-watched survey showed on Thursday.

23 May
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Diamond sales lose shine at De Beers

Rough diamond sales at De Beers fell in recent weeks, Anglo American said on Thursday, on the back of subdued demand.

23 May
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Energean reports strong first quarter

Energean reported a strong first-quarter in an update on Thursday, with significant growth in both operational and financial metrics.

23 May
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Shaftesbury Capital reports strong leasing activity since merger

Shaftesbury Capital reported strong leasing activity and a robust financial profile in an update on Thursday.

23 May
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Revenue, profits rise at newly-expanded Investec

Investec reported a 5% rise in revenue in its final results on Thursday, to £2. 09bn, driven by a strong performance from its corporate client franchises and the Investec Wealth & Investment division in South Africa.

23 May
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Eurozone economic recovery gathers pace in May

The economic recovery in the eurozone gathered pace in May, according to preliminary figures released on Thursday.

23 May
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Hargreaves Lansdown rejects takeover offer from CVC-backed consortium

Hargreaves Lansdown confirmed on Thursday that it had rejected a 985p per share takeover offer from a consortium comprising of CVC, Nordic Capital and Platinum Ivy, which is a wholly-owned subsidiary of Abu Dhabi Investment Authority.

23 May
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British Land reports strong rental growth, fall in net tangible assets

British Land highlighted strong rental growth and stable values in the second half of the year in its final results on Thursday.

23 May
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Qinetiq upgrades full-year outlook, shares surge

Defence technology firm Qinetiq surged on Thursday after lifting its full-year guidance as it reported a jump in underlying profit and revenue.

23 May
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Competition watchdog launches probe into UK vet market

The competition watchdog is to launch a full investigation into the UK's £5bn veterinary market, it was confirmed on Thursday, after an initial review prompted 56,000 responses.