Latest News
04 Jul
Monday newspaper round-up: Leicester factories, Google, household spending

More than half of the Leicester garment workers involved in a new study say they are paid below the minimum wage and receive no holiday pay, almost two years on from revelations about poor standards in the city’s factories. The study was commissioned by a new body, the Garment and Textile Workers Trust, which is funded by online fashion retailer Boohoo, as part of efforts to clean up its act after revelations about poor practice in the group’s Leicester supply chain.

14 Jun
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Tuesday preview: US producer prices, Paragon Banking Group in focus

Investors' focus on Tuesday will be on producer price data in the US covering the month of May.

13 Jun
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Europe close: Stocks suffer sharp drop due to possibility of surprise 75bp Fed rate hike

European stocks suffered heavy losses again on Monday with the major indices falling by well over 2% as investors digested the prospect of faster interest rate hikes, particularly in the US, and the ensuing pressure on euro area public debt.

13 Jun
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US close: Stocks lower as CPI reading continues to weigh on sentiment

Wall Street stocks closed sharply lower on Monday as last month's hotter-than-expected CPI reading and expectations of a Federal Reserve rate hike later in the week remained in focus.

13 Jun
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London close: Stocks fall after surprise contraction for UK GDP

London stocks closed well below the waterline on Monday, as investors mulled an unexpected contraction for the UK economy.

13 Jun
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iEnergizer launches formal sale process

AIM-listed iEnergizer has launched a formal sale process, in which Baring Private Equity Asia will participate.

13 Jun
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Broker tips: Sainsbury's, Rolls-Royce

Analysts at Berenberg lowered their target price on supermarket giant J Sainsbury from 285. 0p to 235. 0p on Monday, stating discretionary spending exposure had dampened the outlook for the stock.

13 Jun
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Lloyds staff to get £1,000 one-off payment amid cost-of-living crisis

Lloyds Bank will give staff a £1,000 bonus this summer to help with the increasing cost of living.

13 Jun
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Treasury market under selling pressure as traders mull need for 75 bp Fed rate hike

A wave of selling swept across government debt markets as economists and traders began to openly ponder the very real possibility that the US central bank's next move on interest rates, next 15 June, should be a 75 basis point hike and not 50bp.

13 Jun
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FTSE 100 movers: Housebuilders slump; Fresnillo shines

London’s FTSE 100 was down 1. 8% at 7,182. 96 in afternoon trade on Monday as investors continued to mull last week’s hotter-than-expected US inflation data, and an unexpected contraction in UK GDP.

13 Jun
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Director dealings: JTC chief executive makes £0.2m investment

Fund manager JTC was at the top of the list of director buys on Monday afternoon, after its chief executive officer spent almost £0. 2m on shares.

13 Jun
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US open: Stocks sharply lower as CPI reading remains in focus

Wall Street stocks were firmly in the red early on Monday as last month's hotter-than-expected CPI reading and expectations of a Federal Reserve rate hike later in the week remained in focus.

13 Jun
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FTSE 250 movers: Ferrexpo falls on pellet production cuts

The FTSE 250 was down 1. 90% at 19,299. 66 at 1450 BST.

13 Jun
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Bitcoin tumbles as Celsius halts withdrawals

Bitcoin fell sharply on Monday, as the sell-off across cryptocurrencies showed no sign of abating and US firm Celsius Network froze withdrawals.

13 Jun
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Proton Motor Power increases loan facilities by EUR 12.5m

Fuel cell and electric hybrid technology developer Proton Motor Power Systems has agreed to increase each of its existing loan facilities with SFN Cleantech and Falih Nahab, it announced on Monday, by €6. 25m (£5. 36m) each.

13 Jun
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Great Western pleased with latest drilling at Trafalgar Hill

Nevada-focussed gold, silver and copper explorer and developer Great Western Mining updated the market on its current drilling campaign on Monday, with three holes now drilled for a combined length of 430 metres at Trafalgar Hill.

13 Jun
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Spectral MD starts clinical diabetic foot ulcer study

Wound care-focussed predictive artificial intelligence (AI) developer Spectral MD announced the start of its clinical validation study to support its diabetic foot ulcer (DFU) application for the ‘DeepView’ wound imaging system.

13 Jun
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Somero trading buoyant on 'healthy' construction market

Laser concrete screeding technology developer Somero Enterprises said in an update on Monday that in the five months through May, the non-residential construction market had remained “healthy”.

13 Jun
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Go-Ahead surges after two takeover approaches

Go-Ahead surged on Monday after the transport operator said it had received two separate takeover approaches at a price it would be minded to recommend if offers were made.

13 Jun
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Walmart in bid to lure UK sellers to online marketplace

Walmart is looking to challenge online shopping giants Amazon and Ebay by luring British businesses on to its own ecommerce marketplace.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles 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.