FTSE dragged down by energy sector, Bunzl warns over deflation shock, Indivior bows to investor pressure, Capita’s cash outflow troubles market, Chemring margins slip and Hollywood Bowl hit by mini-golf write-off

“Energy and pharma stocks weighed on the FTSE 100, causing the index to fall 0.7% to 8,203,” says Russ Mould, Investment Director at AJ Bell....

Tue, 17/12/2024 - 10:12


UK defence ministry buys back 36,000 military homes for £6 billion

Thousands of military homes in the UK will be brought back into public ownership at a cost of almost £6 billion.

The Ministry of Defence will...

Tue, 17/12/2024 - 10:11


Hollywood Bowl annual profit falls as UK sales growth stalls

Hollywood Bowl Group PLC on Tuesday reported a drop in annual profit but said it remains positive about its future prospects.

Pretax profit fell 5.2% to...

Tue, 17/12/2024 - 10:04


Chemring boosts dividend 13% as annual profit meets expectations

Chemring Group PLC on Tuesday said annual results were in line with expectations despite first-half headwinds.

The Hampshire, England-based company is a provider of technology products...

Tue, 17/12/2024 - 09:50


Persistent deflation takes shine off positive outlook from Bunzl

Bunzl PLC on Tuesday said 2024 had been another year of ‘significant progress’ but cautioned that continuing price deflation will have a ‘slight’ impact on...

Tue, 17/12/2024 - 09:33


LONDON BROKER RATINGS: Kepler says buy Ocado; UBS raises LSEG to buy

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

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FTSE 100

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Deutsche Bank Research cuts BAE Systems target to 1,510 (1,540) pence - ’buy’...

Tue, 17/12/2024 - 09:26


LONDON MARKET OPEN: European stocks open lower as UK unemployment flat

Stock prices opened in the red in London, Paris and Frankfurt on Tuesday, as investors await eurozone trade balance and US industrial production data.

The...

Tue, 17/12/2024 - 09:15


IN BRIEF: Land Securities buys 92% stake in Liverpool shopping centre

Land Securities Group PLC - London-based commercial property developer - Buys 92% stake in Liverpool One, a shopping centre in Liverpool, from a subsidiary of...

Tue, 17/12/2024 - 09:10


China says spying claims involving UK’s Prince Andrew ‘preposterous’

China on Tuesday said claims that a businessman had used his links with Britain’s Prince Andrew to spy for Beijing were ‘preposterous’, after the UK government...

Tue, 17/12/2024 - 08:40


IN BRIEF: Sirius Real Estate buys asset in Munich for €13 million

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Acquires a development site in Munich, immediately adjacent to its Munich-Neuaubing business park, for...

Tue, 17/12/2024 - 07:51


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