Market news

UK economy suffers surprise 0.1% shrink in October

The UK economy remained in the doldrums, registering a surprise decline in October, numbers on Friday showed.

According to the Office for National Statistics, UK...

Fri, 13/12/2024 - 07:13

TT Electronics has ‘confidence’ in outlook as Volex ends pursuit

TT Electronics PLC on Thursday backed its medium-term outlook, after Volex PLC ruled out making an offer for the manufacturer of electronic components.

Woking, Surrey-based...

Fri, 13/12/2024 - 06:12

Kosmos Energy sizes up possible all-share bid for Tullow Oil

Tullow Oil PLC late Thursday said it is in early stage talks over a possible takeover bid from Kosmos Energy Ltd.

The Africa-focused oil &...

Fri, 13/12/2024 - 06:01

UK consumer confidence suppressed on ‘uncharitable view’ of economy

Consumer confidence remained suppressed in December amid the ‘continuing uncharitable view on the UK’s general economic situation’, a survey suggests.

GfK’s long-running consumer confidence index increased...

Fri, 13/12/2024 - 05:23

IN THE KNOW: Pan African Resources shares fall after mixed guidance

Shares of Pan African Resources PLC lost some shine on Thursday after mixed production guidance for the first half to December 31.

Berenberg this morning...

Thu, 12/12/2024 - 17:16

LONDON MARKET CLOSE: FTSE 100 up, Labour looks to build on green belt

Key UK indices were broadly flat at Thursday’s close as the ECB decided to ‘play it safe’ with interest rate cuts.

Also, the UK prime...

Thu, 12/12/2024 - 17:07

Parkmead agrees sale of North Sea oil assets to Serica Energy

Parkmead Group PLC on Thursday said it has signed an agreement to sell subsidiary Parkmead (E&P) Ltd as it switches its focus to growing its...

Thu, 12/12/2024 - 16:42

Talks to form an Irish government in the new year trudge on quietly

Political parties in Ireland are continuing the slow, steady process to form a government in the new year.

The most likely coalition partners are Fine Gael...

Thu, 12/12/2024 - 15:56

Homes ‘priority’ as UK reforms to allow more building on green belt

The UK prime minister said providing homes for people must be the ‘top priority’ over nature and the environment as government reforms are set to...

Thu, 12/12/2024 - 15:56

Starmer to attend EU leaders’ meeting as European ‘reset’ continues

Keir Starmer will become the first UK prime minister since Brexit to attend a meeting of EU leaders as he continues efforts to reset relations...

Thu, 12/12/2024 - 14:43

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