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Lower pay rises likely due to budget tax rises, Rachel Reeves admits

Tax rises in the budget are likely to hit workers in the pocket with lower pay rises, Rachel Reeves has admitted.

The UK chancellor acknowledged her...

Thu, 31/10/2024 - 09:33


TOP NEWS: Smith & Nephew cuts guidance due to headwinds in China

Smith & Nephew PLC on Thursday reduced its full-year outlook, following reduced demand in China during the third quarter of 2024.

The Watford, England-based medical...

Thu, 31/10/2024 - 09:24


J Sainsbury sells Argos credit cards portfolio for £720 million

J Sainsbury PLC on Thursday said it has sold the credit card portfolio of its Argos general merchandise arm for £720 million, creating a partnership...

Thu, 31/10/2024 - 09:20


LONDON MARKET OPEN: Stocks decline in budget aftermath but Shell rises

Equities in London were lower on Thursday morning, UK bond yields spiked and the pound was around the $1.30 mark as investor digest Wednesday’s budget...

Thu, 31/10/2024 - 09:09


TOP NEWS: Shell beats forecasts and launches $3.5 billion buyback

Shell PLC on Thursday said it will maintain the pace of quarterly share buybacks despite reporting a decline in earnings on softer refining margins.

The London-based...

Thu, 31/10/2024 - 08:37


IN BRIEF: SRT Marine Systems inks Kuwait deal worth $213 million

SRT Marine Systems PLC - global provider of maritime domain awareness systems - Inks contract with the Kuwait Ministry of Interior, worth $213 million, to...

Wed, 30/10/2024 - 21:16


LONDON MARKET CLOSE: Shares mixed as UK delivers ‘difficult’ tax plan

Shares ended mixed in London on Wednesday as the UK government delivered its long-awaited tax plan, which though a ‘difficult choice,’ was largely in line...

Wed, 30/10/2024 - 17:23


UK earnings, trading statements calendar - next 7 days

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Thursday 31 October 
Coca-Cola HBC AGTrading Statement
Grit Real Estate Income Group LtdFull Year Results

Wed, 30/10/2024 - 15:08


UPDATE: Time Out raises £8.4 million in share placing as loss slims

Time Out Group PLC on Wednesday completed the share placing it announced at the start of the day, raising slightly more than expected, as it...

Wed, 30/10/2024 - 15:06


Oryx International Growth Fund sees offers for two portfolio companies

Oryx International Growth Fund Ltd on Wednesday noted two of its portfolio companies have received takeover offers.

Guernsey-based Oryx invests in medium and small quoted...

Wed, 30/10/2024 - 15:03


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