Latest News
UK retail sector sees sluggish start to 2022
The UK retail sector got off to a sluggish start in 2022, industry data showed on Friday, despite a fall in Covid cases and the easing of restrictions.
UK property market has busiest January on record - Rightmove
The UK property market had its busiest January on record as buyer enquiries and homes for sale rose strongly, Rightmove said.
Europe close: Stocks slump after ECB sounds more cautious note
European shares finished sharply lower as the European Central Bank sounded a less dovish note and following a sharp drop in US stocks at the open.
Friday preview: US non-farm payrolls, German factory orders in focus
All eyes at the end of the week will be on the US non-farm payrolls report for the month of January.
London close: Stocks finish weaker after BoE rate hike
London stocks closed weaker on Thursday, after the Bank of England sated market expectations by raising interest rates.
Broker tips: Spirent Communications, Diploma, Rentokil Initial
Analysts at Canaccord Genuity took a fresh look at telecommunications testing outfit Spirent Communications on Thursday after the company finished 2021 "on a high note" and said it was "encouraged" by signs that some of its top customers were planning to increase capex in the current year.
Director dealings: Future CEO makes £233k purchase, Kosmos chair vests and sells
Future was at the top of the buyers’ list on Thursday, after it disclosed a near-quarter-of-a-million pound purchase by its chief executive officer.
FTSE 250 movers: Auction Technology tumbles; Playtech shines
London’s FTSE 250 was down 0. 9% at 22,053. 28 in afternoon trade on Thursday.
Creo Medical ends year with revenue above forecasts
Surgical endoscopy medical device company Creo Medical Group said it continued to deliver on its three-tiered 'build, buy and partner' strategy in a trading update on Thursday, saying it built momentum through “sustained commercial progress” in 2021.
US open: Stocks reverse yesterday's gains at the bell
Wall Street stocks were in the red early on Thursday as market participants thumbed over another round of corporate earnings and a number of fresh data points.
Seeen revenue falls as it narrows EBITDA loss
Video optimisation technology company Seeen said in a trading update on Thursday that its revenue in 2021 was $8. 5m, down from $10. 1m in 2020, reflecting changes it made to improve the quality and profitability of its customer base, and the sales contribution from its video technology products and services.
Omega gets CE-marking for Covid-19 test, working on UK approval
Medical diagnostics specialist Omega has successfully CE-marked its ‘Visitect’ Covid-19 antigen test for self-test use, it announced on Thursday.
Rambler raises £3.8m for underground development work
Copper and gold explorer, producer and developer Rambler Metals and Mining has raised £3. 83m, it announced on Thursday, to help fund its underground development.
Dillistone ends year in line with market expectations
Recruitment software supplier Dillistone updated the market on its trading for 2021 on Thursday, reporting further improvements in the fourth quarter, with incoming orders at levels “not seen for a number of years”.
FTSE 100 movers: Banks rally after BoE; BT in the red
London’s FTSE 100 was down 0. 4% at 7,556. 74 in afternoon trade on Thursday as investors digested the latest policy announcement from the Bank of England.
Novavax Covid vaccine approved for use in the UK
The UK has approved Novavax’s Covid-19 vaccine for use in adults, the medicines regulator confirmed on Thursday.
Governing council 'will not be rushed' into interest rate hikes, ECB chief says
The European Central Bank will not be rushed into interest rate hikes and observers shouldn't overdo it when speculating on possible hikes.
US initial jobless claims hit three-week low
New first-time jobless claims fell by 23,000 to 238,000 in the week ended 29 January, according to the Labor Department, for the lowest reading in three weeks and below economists' expectations for a print of 245,000.
US unit labour costs miss forecasts in Q4, labour productivity beats
Unit labour costs in the US undershot economists' forecasts by a wide margin at the end of 2021 as productivity growth surged.
Bank of England ups interest rates to 0.5%
The Bank of England has increased interest rates to 0. 5%, it was announced on Thursday, as it looks to curb soaring inflation.
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.
The value of investments can fall and you may get back less than you invested.