Market news

IG Group interim profit rises as expects to meet full-year consensus

IG Group Holdings PLC on Thursday said profit rose more than 30% in the first half of its current financial year, as it remains optimistic...

Thu, 23/01/2025 - 08:53

AB Foods blames cautious consumer, mild Autumn for Primark outlook cut

Associated British Foods PLC on Thursday pared its growth expectations for fast fashion retailer Primark after weak trading in the UK.

In response, shares in...

Thu, 23/01/2025 - 08:51

Shell Renewables Director Huibert Vigeveno to step down end of March

Shell PLC on Thursday announced the departure of a director focused on renewables.

The London-based oil major said its Downstream, Renewables & Energy Solutions Director...

Thu, 23/01/2025 - 08:49

IN BRIEF: Firering Strategic reaches nameplate capacity at Limeco

Firering Strategic Minerals PLC - Zambia and Ivory Coast-focused mining company - Says production at its Limeco quicklime project in Zambia has reached nameplate capacity...

Thu, 23/01/2025 - 07:00

Consumer’s catch the January blues as confidence deteriorates

Consumer confidence dropped in January, as expectations around the health of the economy deteriorated, a report on Thursday showed.

According to BRC-Opinium data, consumer expectations over...

Thu, 23/01/2025 - 06:29

PM vows to curb ’Nimby’ court battles over major projects

Opponents of major infrastructure projects will have fewer chances to ‘frustrate growth’ through repeated legal challenges, the UK prime minister has said.

Keir Starmer said he...

Thu, 23/01/2025 - 06:24

Frasers Group ‘deeply troubled’ by boohoo as demands Kamani pay detail

Frasers Group PLC on Wednesday called on boohoo Group PLC to disclose the pay and contract details of Umar Kamani.

In a letter to boohoo...

Wed, 22/01/2025 - 21:29

Ofgem demands new powers to recoup cash when energy firms collapse

The boss of energy regulator Ofgem has called for more powers to make sure customers rather than investors get compensated when suppliers go bust.

Jonathan Brearley...

Wed, 22/01/2025 - 19:10

IAG warns it would not back Heathrow expansion without fees overhaul

British Airways’ parent company has warned it would not support Heathrow expansion without an overhaul of how passenger fees are set.

International Consolidated Airlines Group SA...

Wed, 22/01/2025 - 19:08

UPDATE: Saba to continue to pursue change despite losing Herald vote

Saba Capital Management LP on Wednesday said it would continue to press for change at Herald Investment Trust PLC after shareholders voted against a proposal...

Wed, 22/01/2025 - 19:03

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