News

LONDON MARKET EARLY CALL: FTSE 100 to fall on US tariff "wildcard"
IG says futures indicate the FTSE 100 to open down 11.2 points, 0.1%, at 8,811.71 on Monday. The index of London large-caps closed down 0.29 of a point at 8,822.91 on Friday.
Financial firms expect job cuts to rise rapidly in months ahead
(Alliance News) - Financial firms are expecting job losses to accelerate in the coming months, with demand worries weighing on investment plans and optimism levels hitting a fresh low, a new survey ...
UK ministers "pushed ahead too fast" on welfare reform — Phillipson
(Alliance News) - Ministers in the UK "pushed ahead too fast" and "didn't listen enough" on welfare reform, the Education secretary has said. Bridget Phillipson also said that future spending ...
France's Macron to visit UK as Starmer eyes "reset" with EU
(Alliance News) - French President Emmanuel Macron is to begin a state visit to the UK on Tuesday, where he is set to address the British Parliament and co-chair a meeting on Ukraine as London seeks ...
PRESS: Frasers says will not back Hugo Boss dividends; focus on value
Frasers Group PLC will vote against any dividend payments at Metzingen, Germany-based fashion company Hugo Boss AG, Bloomberg reported Friday. Frasers, the Shirebrook, England-based owner of the House ...
LONDON BROKER RATINGS: Deutsche cuts Moonpig; Berenberg raises Softcat
RBC raises TT Electronics price target to 120 (85) pence - 'sector perform' Deutsche Bank Research raises Ryanair price target to 27.50 (27) EUR - 'buy' Deutsche Bank Research raises Capita price ...
PRESS: WH Smith in row over unsold vapes with supplier NPB Brands
(Alliance News) - WH Smith PLC is in a legal battle over unsold vapes with supplier NPB Brands, the Telegraph reported Friday. The Swindon, England-based retail chain's TG Jones is facing a battle in ...
AFC Energy forms hydrogen joint venture with Industrial Chemicals
(Alliance News) - AFC Energy PLC on Friday said it has agreed to form a 50:50 joint venture with Industrial Chemicals Group Ltd to produce hydrogen from ammonia using its proprietary ammonia cracking ...
UK construction activity decline decelerates in June but optimism down
The contraction in activity in the UK construction sector slowed in June, but the forward-looking survey indicators were weaker than in May, data published by S&P Global showed Friday. The UK ...
CORRECT: AstraZeneca bladder cancer treatment secures EU approval
The Cambridge, England-based pharmaceutical company said Imfinzi has been approved in the EU for treatments in adults with resectable muscle-invasive bladder cancer. The approval is for the use of ...
Spectris accepts GBP4.1 billion takeover offer from KKR over Advent
(Alliance News) - Spectris PLC on Wednesday said it has agreed to the terms of a takeover offer from funds advised by Kohlberg Kravis Roberts & Co that values it at GBP4.1 billion, beating an earlier ...
Rosebank set for 30% higher market cap after acquisition, equity raise
Back in June, Rosebank confirmed plans to raise GBP1.14 billion via institutional and private placements priced at 300 pence per share. This was in addition to a EUR8 million open offer, and new loans ...