Latest News
UK spring property market strongest for a decade - Rightmove
The UK property market is in the strongest spring sellers' market for a decade with buyer demand remaining high and the stamp duty holiday extended, a Rightmove survey showed.
Europe close: Light selling ahead of Fed rate meeting next week
European shares finished a very strong week on a mixed note as longer-term government bond yields in the US snapped higher again.
Week ahead: Federal Reserve and Bank of England in focus
Financial markets' focus will shift to the US and UK over the coming week, as rate-setters in both jurisdictions meet to decide on policy, on Wednesday and Thursday, respectively.
Pakistan bans TikTok over 'immoral' videos
Pakistan banned TikTok again in the country after reviewing a complaint accusing the popular video app of hosting immoral and objectionable content.
Sector movers: Banks pace gains as bond yields head higher again
Banks were the strongest segment in the stock market at the end of the week, as government bond yields lurched back higher on both sides of the Pond.
Weekly review
The FTSE 100 ended the week 131. 05 points higher, as it closed at 6,761. 47 on Friday.
London close: Stocks mixed after UK GDP, bond yield concerns linger
London stocks closed in a mixed state on Friday, with the top-flight index reversing earlier losses in afternoon trading, as investors pored through the latest UK GDP data.
Boeing secures 24 737 MAX orders with 777 Partners
Boeing announced on Friday that the private investment firm 777 Partners agreed to buy 24 of its 737 MAX airplanes.
Director dealings: Rathbone Brothers' chairman designate makes share purchase
Rathbone Brothers revealed on Friday that chairman designate Clive Bannister had acquired 15,300 ordinary shares in the FTSE 250-listed wealth management service.
Begbies Traynor raises £22m to help fund David Rubin acquisition
Financial advisory and property services consulting company Begbies Traynor has raised £22m, it announced on Friday, to help fund its acquisition of David Rubin & Partners.
Broker tips: WPP, James Fisher, Rolls Royce
Analysts at Berenberg raised their target price on advertising firm WPP from 885. 0p to 925. 0p on Friday, stating there were "few surprises" in its actual full-year results.
Premier African gets government nod to prospect Zimbabwe's Zulu claims
Premier African Minerals announced the formal grant of an exclusive prospecting order over an area encompassing the Zulu lithium and tantalum claims in the Fort Rixon district of Zimbabwe on Friday, for three years from 12 March 2021 to 11 March 2024.
American consumer confidence jumps in early March, University of Michigan says
US consumer sentiment improved by more than expected at the start of the month, led by improved expectations, the results of a very closely-followed survey revealed.
FTSE 250 movers: Gold miners lose their shine; Tullow boosted by upgrade
London’s FTSE 250 was down 0. 2% at 21,496. 26 in afternoon trade on Friday.
US open: Stocks mixed as bond yields rise again
Wall Street trading began on a mixed note on Friday after President Joe Biden signed a $1. 9trn Covid-19 relief package into law overnight.
FTSE 100 movers: Burberry rallies on results; Berkeley retreats
London’s FTSE 100 was up 0. 3% at 6,758. 25 in afternoon trade on Friday.
Jet2 eligible for up to £200m Covid funding, hails rise in summer bookings
Low-cost airline Jet2 confirmed on Friday that is eligible for up to £200m of funding under the Treasury and Bank of England's Covid Corporate Financing Facility (CCFF) as it hailed a rise in recent summer bookings.
All new holes intersect gold at Hummingbird's Dugbe Project
Hummingbird Resources updated the market on the results of holes drilled at the Dugbe Gold Project by Pasofino Gold on Friday, reporting that all seven holes intersected gold mineralisation of the expected thickness and grade.
Almost 1/5 of FTSE 100 have no minority directors - report
Almost a fifth of FTSE 100 boards have no members from ethnic minorities with less than a year to hit a target of at least one non-white director, a government backed review said.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.