Market news


IN BRIEF: Gooch & Housego acquires Phoenix Optical for £6.8 million

Gooch & Housego PLC - Somerset, England-based photonics components and systems manufacturer - Aquires optical component manufacturer, Phoenix Optical, for a total consideration of up...

Wed, 30/10/2024 - 09:48


UK Chancellor Reeves to use tax rises, increased borrowing to invest

Rachel Reeves will raise taxes and increase borrowing as she promises to ‘invest, invest, invest’ to ‘rebuild Britain’.

The UK’s first female chancellor will deliver the...

Wed, 30/10/2024 - 09:46


Glencore maintains 2024 guidance despite falls in metal production

Glencore PLC on Wednesday said it remains on track to meet 2024 production guidance despite falls in output of copper, cobalt and zinc so far...

Wed, 30/10/2024 - 09:31


TOP NEWS: GSK backs guidance despite third-quarter hit from Zantac

GSK PLC on Wednesday backed its full-year guidance following ‘another quarter of sales and core operating profit growth’, despite a third-quarter profit slump driven by...

Wed, 30/10/2024 - 09:28


TOP NEWS: Eckoh shares surge as firm agrees takeover at premium

<p>Eckoh PLC on Wednesday said it agreed to a takeover from certain funds managed by Bridgepoint Advisers II. <br /><br />Eckoh, a London-based provider of...

Wed, 30/10/2024 - 09:23


Bank of Ireland shares hurt as net interest income hurt by rate cuts

Bank of Ireland Group PLC on Wednesday maintained its financial guidance for 2024, despite recording lower net interest income in the year so far.

Shares...

Wed, 30/10/2024 - 09:21


LONDON MARKET OPEN: Stocks mixed as GSK falls on vaccine arm woe

Stocks in Europe were mostly lower on Wednesday morning, ahead of the UK budget announcement by Chancellor Rachel Reeves, while Standard Chartered rose after...

Wed, 30/10/2024 - 09:02


TOP NEWS: Next lifts guidance again as cold weather lifts sales

Next PLC on Wednesday raised its full-year outlook for the third time in three months after sales topped expectations.

The Leicester-based clothing and homewares retailer said...

Wed, 30/10/2024 - 08:46


IN BRIEF: Diales discontinues US operations after staffing issues

Diales PLC - London-based consultancy for the construction and engineering industries, formerly Driver Group PLC - Expects to report revenue of £43.0 million for its...

Wed, 30/10/2024 - 07:19


£3 billion boost for UK armed forces expected to be announced

The armed forces of the UK are in line for a £3 billion boost, according to reports, as Rachel Reeves prepares to unveil the Labour...

Wed, 30/10/2024 - 06:32


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