Latest News
22 Jul
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Credit Suisse sees value in UK Banks, Lloyds remains 'top pick'

Analysts at Credit Suisse sounded a bullish note for UK banks, explaining to clients that they now expected upgrades to lenders' guidance for net interest margins and net interest income.

05 Jul
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UK Finance Minister Sunak resigns in major blow to PM Johnson

UK Finance Minister Rishi Sunak resigned on Tuesday, along with Health Secretary Sajid Javid, as Prime Minister Boris Johnson found himself engulfed in yet another scandal over the behaviour of Conservative MPs.

05 Jul
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US close: Stocks mixed as recession fears remain in focus

Wall Street stocks turned in a mixed performance on Tuesday as the US dollar rallied against the Euro and recession fears returned to the forefront of investors' minds.

05 Jul
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Wednesday preview: Fed meeting minutes, US services PMI in focus

All eyes on Wednesday will be on the minutes of the US central bank's last policy meeting and any information that can be gleaned from them regarding the outlook for monetary policy.

05 Jul
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Sector movers: Oil and Gas, Industrial Metals pace losses

Oil&Gas and Industrial Metals plummeted on Tuesday amid a downdraft on the wider FTSE 350, despite a large move lower in sterling.

05 Jul
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Europe close: Stocks hit by recession worries, Oil and Gas names pace losses

European shares reeled on Wednesday, surrendering early gains as global recession worries supplanted the positive mood among investors early on thanks to reports that the US could ease tariffs on China.

05 Jul
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London close: Stocks tumble as inflation, recession fears resurface

London stocks tumbled on Tuesday as worries about inflation and a global slowdown returned to rattle investors.

05 Jul
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FTSE 250 movers: Moneysupermarket lifted by Liberum upgrade

London’s FTSE 250 was down 1. 4% at 18,337. 16 in afternoon trade on Tuesday.

05 Jul
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British Airways to axe more flights

British Airways is to cancel a further 1,500 flights this summer as it battles the ongoing travel chaos plaguing the aviation sector.

05 Jul
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Broker tips: 888, Dechra, Kitwave, Moneysupermarket

Analysts at Deutsche Bank resumed coverage on gambling giant 888 Holdings at 'buy' on Tuesday, branding it as the "king of the hill".

05 Jul
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FTSE 100 movers: Miners under the cosh; Dechra boosted by upgrade

London’s FTSE 100 was down 2. 5% at 7,053. 33 in afternoon trade on Tuesday.

05 Jul
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US open: Stocks head south amid ongoing recession worries

Wall Street stocks were firmly in the red early on Tuesday as the US dollar rallied against the Euro and recession fears returned to the forefront of investors' minds.

05 Jul
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Royal Mail managers announce strike dates

Royal Mail managers are to start industrial action later this month in a row over jobs and pay, it was confirmed on Tuesday.

05 Jul
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Director dealings: Nanosynth CEO makes share purchase

Nanosynth revealed on Tuesday that chief executive Mark Duffin had acquired 4. 16m ordinary shares in the AIM-listed technology group.

05 Jul
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Fears of Europe energy shock could weigh on euro

The European single currency may remain weak in the near-term due to concerns about soaring energy prices in Europe.

05 Jul
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European natural gas prices spike as Equinor workers strike

European natural gas prices were on the rise again after workers at Norway's Equinor initiated a strike action overnight.

05 Jul
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SAS files for bankruptcy protection in US

Scandinavian carrier SAS has filed for bankruptcy protection in the US after a pilots strike grounded its planes.

05 Jul
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Berenberg still in 'sell the rally mode', recommends stagflation hedge strategy

Equity strategists at Berenberg recommended investors stick with a stagflation hedge strategy.

05 Jul
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Liberum upgrades Moneysupermarket to 'buy'

Liberum upgraded Moneysupermarket on Tuesday as it took a look at online platforms.

05 Jul
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How will EU's MiCA regulation affect Bitcoin and cryptos?

Companies offering cryptoasset-related services happily welcomed the news that the three institutional bodies of the European Union (EU), the European Parliament, Commission and Council reached an agreement on the text of the proposed cryptocurrency market regulation. The landmark cryptoasset markets legislation (MiCA) will introduce licensing of cryptocurrency companies and safeguards for their customers and the industry has been favorable to the measure which, however, contains controversial points for users such as the taxation of self-hosted wallets.

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The value of investments can fall and you may get back less than you invested.

 

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.