Market Pulse
Bank of England acts to boost bank lending, warns on Brexit fallout
The Bank of England has loosened UK bank's requirements to hold extra capital and warned that risks from the country's Brexit vote had already started to "crystallise".
Computer users warned over Brexit-based email scams
Another day and another round of global uncertainty has brought with it a fresh push from cybercriminals - this time targeting those fearing the fallout of Brexit.
John Lewis sales slow after Brexit
Department store John Lewis reported that sales slowed in the week following Brexit.
Europe midday: Stocks in the red amid renewed Brexit woes
European stocks fell on Tuesday as worries about the fallout from Brexit resurfaced, with investors digesting the release of the Bank of England’s Financial Stability Report.
Gulf Marine Services loses two contracts, agrees bigger bank loan
Gulf Marine Services has cut its earnings guidance for 2016 but arranged a larger bank facility as two contracts were terminated early by clients and a third chose not to take up a contract extension.
Southern axes 15pc of timetable, suspends routes
Train operator Southern Railway has brought down the axe on hundreds of services across its network, in a bid to stem ongoing cancellations, delays and disruption across its network in London and southern England.
UK business expectations tumble on Brexit vote, YouGov/Cebr poll shows
Business confidence in the UK has tumbled in the wake of the vote to leave the European Union, according to research carried out by YouGov and the Centre for Economics and Business Research (Cebr).
London midday: Stocks rise as BoE tackles Brexit
UK equities recovered slightly on Tuesday after the Bank of England eased rules for banks to encourage continued lending following Brexit.
US pre-open: Stocks seen weaker as Brexit woes resurface
US futures pointed to a weaker open on Wall Street as concerns about the impact of Brexit returned to the fore.
Solid State's profits rise by 40%
Solid State, a supplier of specialist industrial computers and equipment, reported an increase in full year profits as it begins the new financial year with a good order book.
Imagination Technologies swings to full-year loss
Imagination Technologies, which design chips for Apple, swung to a loss for the year ended 30 April as revenue dropped amid a significant restructuring of the business.
Eurozone retail sales rise 0.4% in May, in line with expectations
Retail sales in the 19 countries that share the euro rose 0. 4% in May, according to the latest figures from Eurostat.
UK services PMI returns to 38-month low on referendum woes
UK services expansion weakened in June to match April's 38-year low amid a darkening outlook and worries about Brexit, according to data released on Tuesday.
Asia report: China, NZ buck regional losses
Most Asian markets ended up lower on Tuesday, with Australian shares finally catching up with the uncertainty surrounding Saturday’s federal election outcome.
Eurozone services PMI beats forecasts but GDP growth sluggish
The eurozone services sector recorded a better than expected performance in June, according to purchasing managers index (PMI) data from Markit, though a final reading of the composite index indicated the eurozone endured its weakest second quarter of growth since the end of 2014.
Liberum downgrades Pets at Home, upgrades Supergroup post Brexit
Liberum revisited its stance on UK general retailers on Tuesday in light of the more uncertain outlook following the vote to leave the European Union.
Premier Technical Services buys two businesses for a combined £5.6m
Premier Technical Services (PTS), a niche service provider, bought UK Dry Risers (UKDR) for £2. 1m and UK Dry Risers Maintenance (UKDRM) for £3. 5m to expand the company’s service to new niche markets.
Europe open: Stocks fall as concerns about Brexit return
European stocks fell in early trade as concerns about the impact of Brexit weighed on investors’ minds ahead of the Bank of England’s financial stability report.
Whitbread slumps on Barclays downgrade
Whitbread shares slumped on Tuesday as Barclays downgraded the stock to ‘underweight’ from ‘equalweight’ and slashed the price target to 3,220p from 4,150p.
London open: Stocks fall ahead of BoE's financial stability report
London stocks opened in the red on Tuesday ahead of services data and the Bank of England’s financial stability report, as worries about Brexit continued to weigh on investors' minds.