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UK junior minister resigns, calls on PM to set out departure plan

The first UK minister has resigned from Keir Starmer’s government, piling pressure on the beleaguered Labour leader to quit.

Housing, Communities & Local Government minister Miatta...

Tue, 12/05/2026 - 09:46


LONDON BROKER RATINGS: Deutsche cuts Burford; Berenberg lowers Shell

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

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FTSE 100

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Oddo BHF cuts Sage Group price target to 1,250 (1,600) pence - ’outperform’

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Berenberg...

Tue, 12/05/2026 - 09:36


Greggs says sales growth picks up despite ‘challenging market’

Greggs PLC on Tuesday said it has kicked off the year with a sales rise, including a pick-up in more recent weeks, and the baker...

Tue, 12/05/2026 - 09:36


‘Well positioned’ IMI backs outlook after first quarter sales growth

IMI PLC on Tuesday said it is on track to deliver a sixth consecutive year of mid-single-digit organic revenue growth as it reported a ‘good...

Tue, 12/05/2026 - 09:32


Early market roundup: Shares fall; UK bond markets hit by PM turmoil

Stock prices in London were in the red on Tuesday morning amid uncertainty regarding the leadership of UK Prime Minister Keir Starmer; meanwhile the price...

Tue, 12/05/2026 - 09:24


Wizz Air ups profit view; turns to promotional fares to sustain demand

Wizz Air Holdings PLC on Tuesday improved its profit guidance, as it reported it ‘proactively pivoted’ capacity amid the Middle East conflict.

The Budapest-based budget...

Tue, 12/05/2026 - 09:22


UK borrowing costs hit 28-year high on UK PM leadership uncertainty

UK long-term borrowing costs have surged to a fresh 28-year high and the pound weakened as Prime Minister Keir Starmer’s leadership comes under increasing pressure.

The...

Tue, 12/05/2026 - 09:15


UPDATE: Intertek suitor EQT makes £9.4 billion ‘final’ bid proposal

Intertek Group PLC on Tuesday said it is ‘reviewing’ the latest takeover proposal from suitor EQT Fund Management Sarl.

EQT upped the ante again on...

Tue, 12/05/2026 - 09:12


Imperial Brands backs yearly view but warns war could hit demand

Imperial Brands PLC on Tuesday maintained its annual outlook, but the Middle East conflict has prompted a ‘more uncertain macroeconomic environment’.

Shares in the company...

Tue, 12/05/2026 - 09:00


Intertek suitor EQT makes £9.4 billion ‘final’ bid proposal

Intertek Group PLC suitor EQT Fund Management Sarl upped the ante again on Tuesday, making a takeover proposal which it said is the ‘final possible...

Tue, 12/05/2026 - 08:45


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