Market news

IN BRIEF: Marechale Capital interim loss widens; eyes partnerships

Marechale Capital PLC - London-based adviser and financing provider for consumer brands, leisure, clean energy, mineral extraction and technology companies - Pretax loss widens to...

Mon, 23/12/2024 - 10:41

European Smaller Companies Trust asks investors to reject Saba’s plan

European Smaller Cos Trust PLC on Monday urged shareholders to vote against proposals put forward by Saba Capital Management LP, calling claims of underperformance ‘inaccurate’.

‘The...

Mon, 23/12/2024 - 10:09

Gemfields suspends emerald mining and shelves capex to cut costs

Gemfields Group Ltd reported on Monday it is suspending mining its the emerald mine in Zambia, shelving planned capital expenditure at its ruby development assets...

Mon, 23/12/2024 - 09:53

Chesnara agrees second Canada Life portfolio acquisition in two years

Chesnara PLC on Monday announced the acquisition of Canada Life UK’s unit-linked bonds and legacy pensions business for £2 million.

The transaction follows the previous...

Mon, 23/12/2024 - 09:48

LONDON BROKER RATINGS: Goldman cuts targets for Bunzl and Ceres Power

The following London-listed shares received analyst recommendations Monday morning and on Friday:

----------

FTSE 100

----------

Goldman Sachs cuts Bunzl price target to 3,175 (3,275) pence - ’sell’

----------

UBS...

Mon, 23/12/2024 - 09:43

boohoo completes London office sale; Frasers pursues board position

boohoo group PLC on Monday announced it has completed the sale of its London office in Soho.

The Manchester, England-based online seller of fast fashion also...

Mon, 23/12/2024 - 09:27

LONDON MARKET OPEN: Stocks down as retail confidence takes nosedive

Stocks in London opened in the red on Monday amid unwelcome domestic GDP and consumer sentiment releases, and in good news for Direct Line Insurance...

Mon, 23/12/2024 - 09:12

Direct Line Insurance accepts £3.7 billion takeover offer from Aviva

Aviva PLC on Monday sad it has agreed a £3.7 billion takeover of car and home insurer Direct Line Insurance Group PLC.

The cash and...

Mon, 23/12/2024 - 09:10

UK consumer ‘spending squeeze’ likely in January as worry mounts - BRC

Confidence in the UK economy among UK consumers fell sharply this month, foretelling a ‘spending squeeze’ to start 2025, the British Retail Consortium warned on...

Mon, 23/12/2024 - 07:31

UK economy is entirely flat in third quarter - new ONS estimate

The UK economic showed no growth at all in the third quarter, the Office for National Statistics said on Monday in a revised estimate of...

Mon, 23/12/2024 - 07:21

Pages