Daily market update: International Consolidated Airlines, Dell, Rightmove

“The countdown to Trump’s tariffs coming into force is now in the final few days and investors have got the jitters,” says Russ Mould, Investment...

Fri, 28/02/2025 - 10:40


IN BRIEF: abrdn hires Coutts finance chief Siobhan Boylan as new CFO

abrdn PLC - Edinburgh, Scotland-based asset manager - Hires Siobhan Boylan to be chief financial officer, joining abrdn in the summer. Boylan currently is CFO...

Fri, 28/02/2025 - 10:39


Weir hails ‘significant’ £657 million Micromine deal as profit rises

Weir Group PLC on Friday announced a major acquisition in Australia as it reported a healthy increase in profit in 2024.

The engineering firm has agreed...

Fri, 28/02/2025 - 10:21


Online banking issues hit customers on payday for second month in row

Nationwide Building Society and First Direct have both confirmed issues with their online banking systems on Friday morning, leaving many customers without access to funds...

Fri, 28/02/2025 - 10:06


IMI raises margin target as annual profit and sales beat expectations

IMI PLC on Friday announced a new share buyback, and posted 2024 profit growth, hailing ‘another strong year’ driven by its Process Automation division.

The engineering...

Fri, 28/02/2025 - 09:54


UK annual house price growth slows to 3.9% in February - Nationwide

Annual UK house price growth slowed slightly in February, with the market remaining ‘resilient’ in the face of ‘affordability challenges’, numbers on Friday showed.

According...

Fri, 28/02/2025 - 09:52


LONDON BROKER RATINGS: Barclays cuts WPP to ’equal weight’

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

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FTSE 100

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JPMorgan raises Rolls-Royce price target to 900 (655) pence - ’overweight’

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Oddo BHF raises...

Fri, 28/02/2025 - 09:49


Rightmove sees revenue growth and operating margin picking up in 2025

Rightmove PLC on Friday hailed customer retention and increased advertising spend as it predicted a upturn in revenue growth in 2025.

The Milton Keynes-based online property...

Fri, 28/02/2025 - 09:45


Bank of England policymaker warns of rising inflation risk

Bank of England policymaker Dave Ramsden has backed the central bank’s ‘gradual and careful’ approach to rate cuts, pointing to ‘increased uncertainty’ in the economy.

Speaking...

Fri, 28/02/2025 - 09:31


China’s Xi notes ‘numerous’ economic challenges ahead of key meeting

Chinese President Xi Jinping has admitted the country’s economy still faces ‘numerous difficulties’ in an article set to be published this week ahead of a...

Fri, 28/02/2025 - 09:19


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