News

LONDON BROKER RATINGS: HSBC cuts Smith & Nephew to 'hold'
Barclays cuts Smiths Group price target to 2,020 (2,290) pence - 'equal weight' Deutsche Bank Research cuts St James's Place price target to 1,100 (1,200) pence - 'buy' ...
Reeves moves to block cheap imports undercutting British high street
Currently, imports valued under GBP135 do not have to pay customs duties, but some retailers have argued this gives preferential treatment to firms such as Temu and Shein that make and store products ...
AltynGold profit surges as gold production and gold price climb easily
Gold production rose 13% to 37,279 ounces in 2024 from 33,110 oz in 2023. Ore processed climbed 7.0% to 750,045 tonnes in 2024 from 701,000t in 2023. The average gold price achieved by AltynGold was ...
UK consumer confidence slides amid household bill hikes and US tariffs
(Alliance News) - Consumer confidence in the UK has seen a sharp drop as households grapple with across-the-board bill hikes and face new warnings of rising inflation. GfK's long-running consumer ...
EU-UK talks making "good progress" says Downing Street
(Alliance News) - Talks on strengthening UK-EU relations have made "good progress", Downing Street has said following a meeting between Keir Starmer and European Commission President Ursula von der ...
UK retail sales slow in March but exceeds consensus amid good weather
UK retail sales slowed in March but exceeded consensus as good weather drove footfall, a report from the Office for National Statistics showed on Friday. UK retail sales volumes rose by 0.4% in March, ...
LONDON BRIEFING: Mobico sells School Bus business; Evoke revenue rises
London is set to open higher on Friday, as UK Chancellor Rachel Reeves is set to enter talks in Washington for a possible US-UK trade deal, and a data reading shows a slowdown in March retail sales ...
UK's Reeves to hold trade talks with US counterpart in Washington
(Alliance News) - Rachel Reeves will meet her US counterpart on Friday as she attempts to make progress on a trade deal during her visit to Washington.
London midday: Nine-day rally loses steam as markets flatline
Nevertheless, Fed rate-cut chatter has lifted sentiment in recent days after policymakers Christopher Waller and Beth Hammack both indicated that they would be happy to loosen monetary policy earlier ...
UK vehicle production falls 6.3% on-year in first quarter - SMMT
UK car and commercial vehicle manufacturing production declined in the first quarter, ahead of new US tariff announcements, data published by the Society of Motor Manufacturers & Traders showed Friday ...
AIM WINNERS & LOSERS: Enteq sees no "realistic prospect" of offer
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.
London pre-open: Stocks set for 10th day of gains on Fed, trade chatter
(Sharecast News) - UK stocks are expected to rise for the 10th straight session on Friday as an easing of tensions between the US and its trading partners lift investor optimism, along with hopes that ...