Market news

UK BUDGET: Reeves delivers win for gambling stocks and cheer for pubs

Shares in betting firms leapt after Wednesday’s budget contained no rumoured tax changes, while a cut in beer duty provided cheer to pub operators.

Earlier this...

Wed, 30/10/2024 - 14:14

CAB Payments lowers outlook for second half as takeover talks continue

CAB Payments Holdings PLC on Wednesday said it no longer expects ‘positive leverage’ in the second half of the year on account of reduced revenue,...

Wed, 30/10/2024 - 14:14

IN BRIEF: Diversified Energy completes purchase of Texas gas assets

Diversified Energy Co PLC - Alabama-based, US-focused natural gas producer - Completes $69 million acquisition of a package of gas-producing wells in eastern Texas that...

Wed, 30/10/2024 - 14:10

UK BUDGET: Reeves makes difficult choices as ups tax by £40 billion

UK Chancellor of the Exchequer Rachel Reeves said changes to employers’ national insurance will raise as much as £25 billion as part of a £40...

Wed, 30/10/2024 - 14:07

Reeves raises taxes by £40bn to address ’black hole’ in public purse

Chancellor Rachel Reeves set out a budget which will increase taxes by £40 billion as she promised to ‘fix the foundations’ of the economy and...

Wed, 30/10/2024 - 13:53

UK BUDGET: Chancellor Reeves announces rise in flight taxes

Air passengers will be hit by an increase in flight taxes, UK Chancellor Rachel Reeves said in her budget on Wednesday.

Reeves said air passenger duty...

Wed, 30/10/2024 - 13:48

IN BRIEF: Hochschild Mining exercises option to buy Brazil gold mine

Hochschild Mining PLC - mines silver and gold in Peru, Argentina and Brazil - Exercises option to buy 100% of Monte Do Carmo project in...

Wed, 30/10/2024 - 13:38

UK BUDGET: AIM gets much-needed boost from inheritance tax changes

The AIM-All Share Index climbed on Wednesday afternoon in London as changes to inheritance tax proved by UK Chancellor of the Exchequer Rachel Reeves’s budget...

Wed, 30/10/2024 - 13:35

UK BUDGET: Reeves pledges to ‘invest, invest, invest’ to boost growth

UK Chancellor of the Exchequer Rachel Reeves on Wednesday said there are ‘no shortcuts’ to delivering growth as she set out plans to ‘fix the...

Wed, 30/10/2024 - 13:05

Smurfit WestRock swings to third-quarter loss due to merger costs

Smurfit WestRock PLC on Wednesday said it swung to a loss in the third quarter of 2024, due to expenses from its merger with WestRock...

Wed, 30/10/2024 - 12:37

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