Hiscox keeps $170 million wildfire reserve; quarterly premiums up

Hiscox Ltd on Thursday said it has maintained a $170 million net loss reserve for claims related to the recent California wildfires, with no changes...

Thu, 01/05/2025 - 10:07


Persimmon says consumer confidence unaffected so far by uncertainty

Persimmon PLC on Thursday said it was on track to hit its completions target in 2025 after a strong first quarter.

Chief Executive Dean Finch said:...

Thu, 01/05/2025 - 10:03


UK mortgage approvals slip slightly to just above 64,000 in March

UK mortgage approvals were slightly lower than expected in March, according to numbers from the Bank of England on Thursday.

Mortgage approvals totalled 64,300 in...

Thu, 01/05/2025 - 10:01


UK manufacturing sector struggles in April on US tariff worry

The UK manufacturing economy remained in downturn territory at the start of the second-quarter, numbers on Thursday showed, hurt by trade uncertainty and rising cost...

Thu, 01/05/2025 - 09:52


Informa reaffirms 2025 guidance as first-quarter revenue rises

Informa PLC on Thursday said it had a ‘strong’ start to 2025, reporting revenue growth and reaffirming its annual guidance.

The London-based business information and events...

Thu, 01/05/2025 - 09:48


Why transport stocks can help gauge the effect of tariffs

A big rally from the 8 April lows means the NASDAQ Composite is now in the black for this month, while the S&P 500 is...

Thu, 01/05/2025 - 09:45


LONDON BROKER RATINGS: Deutsche Bank, Deutsche Numis raise GlobalData

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

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FTSE 100

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Goldman Sachs cuts GSK price target to 1,570 (1,640) pence - ’neutral’

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JPMorgan...

Thu, 01/05/2025 - 09:33


Rolls-Royce on track in 2025 as seeks to mitigate impact of tariffs

Rolls-Royce Holdings PLC on Thursday backed its full-year outlook as it reported a good start to 2025 despite the uncertainties associated with US trade tariffs.

‘We...

Thu, 01/05/2025 - 09:33


Lloyds Banking keeps guidance but costs hold back first quarter profit

Lloyds Banking Group PLC on Thursday said profit fell in the first quarter, as higher costs and impairments offset an increase in income.

In response,...

Thu, 01/05/2025 - 09:09


National Grid hires former Shell and Rio exec Zoe Yujnovich as new CEO

National Grid PLC on Thursday said it has hired a former executive of oil major Shell PLC and miner Rio Tinto PLC to be its...

Thu, 01/05/2025 - 09:05


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