Market news

LONDON MARKET OPEN: FTSE 100 up as sterling falters, UK economy falls

Stock prices in London opened mostly in the green on Friday, while the UK economy remained in the doldrums in October, hurtling to a surprise...

Fri, 13/12/2024 - 09:10

South32 expects decision on Worsley Alumina expansion early next year

South32 Ltd said on Friday it expects the Australian federal government to decide on the proposed expansion of its alumina refining operation Worsley in Western...

Fri, 13/12/2024 - 08:32

IN BRIEF: NewRiver REIT swings to profit but trims half-year dividend

NewRiver REIT PLC - London-based developer and manager of retail infrastructure - Swings to pretax profit of £8.2 million in half-year to September 30, from...

Fri, 13/12/2024 - 07:36

UK economy suffers surprise 0.1% shrink in October

The UK economy remained in the doldrums, registering a surprise decline in October, numbers on Friday showed.

According to the Office for National Statistics, UK...

Fri, 13/12/2024 - 07:13

TT Electronics has ‘confidence’ in outlook as Volex ends pursuit

TT Electronics PLC on Thursday backed its medium-term outlook, after Volex PLC ruled out making an offer for the manufacturer of electronic components.

Woking, Surrey-based...

Fri, 13/12/2024 - 06:12

Kosmos Energy sizes up possible all-share bid for Tullow Oil

Tullow Oil PLC late Thursday said it is in early stage talks over a possible takeover bid from Kosmos Energy Ltd.

The Africa-focused oil &...

Fri, 13/12/2024 - 06:01

UK consumer confidence suppressed on ‘uncharitable view’ of economy

Consumer confidence remained suppressed in December amid the ‘continuing uncharitable view on the UK’s general economic situation’, a survey suggests.

GfK’s long-running consumer confidence index increased...

Fri, 13/12/2024 - 05:23

IN THE KNOW: Pan African Resources shares fall after mixed guidance

Shares of Pan African Resources PLC lost some shine on Thursday after mixed production guidance for the first half to December 31.

Berenberg this morning...

Thu, 12/12/2024 - 17:16

LONDON MARKET CLOSE: FTSE 100 up, Labour looks to build on green belt

Key UK indices were broadly flat at Thursday’s close as the ECB decided to ‘play it safe’ with interest rate cuts.

Also, the UK prime...

Thu, 12/12/2024 - 17:07

Parkmead agrees sale of North Sea oil assets to Serica Energy

Parkmead Group PLC on Thursday said it has signed an agreement to sell subsidiary Parkmead (E&P) Ltd as it switches its focus to growing its...

Thu, 12/12/2024 - 16:42

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