Market news


UK leapfrogs Japan, Italy and Germany in OECD growth forecast for 2024

The UK economy has overtaken several G7 countries on economic growth forecasts in recent months, but is still set to have the highest inflation of...

Wed, 25/09/2024 - 10:16


TOP NEWS: LondonMetric buys urban logistics portfolio

LondonMetric Property PLC on Wednesday said it is buying six single let urban logistics properties from a FTSE 100 pension fund.

The London-based real estate investor...

Wed, 25/09/2024 - 10:03


LONDON MARKET OPEN: Stocks mixed; FTSE 100 down amid sterling strength

The FTSE 100 opened in the red on Wednesday morning, but other London stocks were mostly in the green, as investors awaited home sale and...

Wed, 25/09/2024 - 09:48


Unions to press for winter fuel allowance cut to be reversed

Unions will press the UK government on Wednesday to reverse its controversial cut to the winter fuel allowance.

A motion will be debated on the final...

Wed, 25/09/2024 - 09:45


North Atlantic Smaller Co Inv Trust sees higher dividend as NAV climbs

North Atlantic Smaller Co Investment Trust PLC on Wednesday reported a rise in net asset value per share although it did underperform a benchmark index....

Wed, 25/09/2024 - 09:43


LONDON BROKER RATINGS: JPMorgan cuts Smiths, Burberry price targets

The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

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FTSE 100

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Deutsche Bank raises Beazley price target to 977 (873) pence - ’buy’

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Goldman...

Wed, 25/09/2024 - 09:36


TOP NEWS: REA frustrated as Rightmove spurns ‘unattractive’ new offer

Australia’s REA Group Ltd on Wednesday bemoaned what it called Rightmove PLC’s lack of engagement after the UK firm rejected REA’s latest bid proposal.

Rightmove, the...

Wed, 25/09/2024 - 09:13


Gemfields warns of 25% dip in interim earnings on lower revenue

Gemfields Group Ltd expects interim earnings to slump by a quarter, but maintains that the demand for rough emeralds and rubies remains ‘healthy’.

The London-headquartered...

Wed, 25/09/2024 - 07:55


Starmer says Netanyahu criticism over export suspension is wrong

Keir Starmer has said Benjamin Netanyahu’s criticism of the UK government’s decision to suspend some arms export licences to Israel, amid concerns they could be...

Wed, 25/09/2024 - 07:54


EARNINGS: HSS Hire swings to loss, while Niox profit increases

The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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HSS Hire Group PLC - Manchester,...

Tue, 24/09/2024 - 21:29


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