Latest News
06 Jan
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Retailers see best Christmas footfall since start of pandemic

Retail footfall improved markedly year-on-year in 2022, according to industry data released on Friday, with shop visitors at Christmas reaching their highest levels since the start of the Covid-19 pandemic.

06 Jan
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Putin calls 36-hour unilateral cease-fire for Orthodox Christmas

Russia President Vladimir Putin announced a unilateral 36-hour ceasefire around the 7 January Orthodox Christian celebrations which was quickly rejected by authorities in Kyiv.

06 Jan
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Friday preview: US non-farm payrolls, Euro area CPI in focus

Investors' attention at the end of the week would be squarely on the latest monthly US non-farm payrolls figures and jobs market data.

05 Jan
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Europe close: Stocks end mixed after stronger-than-expected US data

European equities slipped on Thursday following the release of stronger-than-expected readings on hiring conditions in the US, even as investors waited on what many considered to be the all-important monthly jobs report in the States due out the next day.

05 Jan
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London close: Retailers carry FTSE to a positive finish

London stocks managed a positive finish on Thursday after a lacklustre start, with retailers on the rise after well-received updates from the likes of Next and B&M.

05 Jan
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Proteome gets milestone payment from Thermo Scientific

Proteome Group announced a milestone payment for sales of ‘TMT’ and ‘TMTpro’ on Thursday.

05 Jan
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Broker tips: HSBC, RyanAir, Prudential

Jefferies upgraded HSBC on Thursday to ‘buy’ from ‘hold’ and hiked the price target to 770p from 574p as it said the bank was positively-geared to a re-opening in China.

05 Jan
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Tougher market conditions impacting Angle clients

Liquid biopsy specialist Angle said in an update on Thursday that actions taken to control its cost base, and the closure of its Canadian operations, left it on track to deliver expected cost savings of £2. 6m in 2023 and £4m per annum after that.

05 Jan
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Molecular Energies forms hydrogen dual fuel joint venture

Molecular Energies announced the formation of a joint venture called ‘Dual Fuel Limited’ on Thursday, for its Green House Capital division.

05 Jan
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Great Western Mining confident in its 2023 work programme

Nevada-focussed gold, silver and copper explorer and developer Great Western Mining said in an operational update on Thursday that construction and commissioning of its production mill was taking place in the first half.

05 Jan
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React Group wins two-year contract with fast food chain

Cleaning, hygiene and decontamination specialist React Group has been awarded a multi-year contract to perform deep cleaning, window and façade cleaning across 350 mainland UK locations for an unnamed, “prestigious” high-street fast-food chain, it announced on Thursday.

05 Jan
Silvergate to cut 40% of workforce as digital asset deposits tumble

Cryptocurrency bank Silvergate Capital announced job cuts on Thursday as it said customers withdrew just over $8bn of digital asset deposits in the fourth quarter in the aftermath of FTX’s collapse.

05 Jan
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Bed Bath & Beyond considers bankruptcy, shares tumble

Shares in Bed Bath & Beyond tanked on Thursday after the retailer said it was considering bankruptcy.

05 Jan
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New strike laws set to ensure 'minimum service levels'

New laws aimed at castrating the ability of unions to cause widespread disruption look set to be brought forward by the government, it was revealed on Thursday.

05 Jan
FTSE 250 movers: Airlines take off in wake of Ryanair upgrade

FTSE 250: 19,486. 40, up 0. 49% at 1455 GMT.

05 Jan
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FTSE 100 movers: Retailers boosted by Next; Pearson hit by downgrade

London’s FTSE 100 was up 0. 9% at 7,652. 95 in afternoon trade on Thursday.

05 Jan
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US job cut announcements fall back in December, Challenger says

US job cut announcements fell at the end of 2022 closing off a year that saw the second-lowest total tally since 1993, the results of a closely followed survey showed.

05 Jan
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WPP buys Fenom Digital

Advertising giant WPP said on Thursday that it has bought Fēnom Digital, one of the fastest-growing digital transformation agencies in North America, for an undisclosed sum.

05 Jan
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Seeing Machines adds its tech to new Omnivision system

Driver monitoring technology specialist Seeing Machines announced the successful integration of its in-cabin monitoring system technology (ICMS) with Omnivision’s ‘OAX4600’ system-on-chip (SoC) platform on Thursday.

05 Jan
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UK govt reverses plan to sell Channel 4

The UK government has performed yet another u-turn and formally abandoned controversial and unpopular plans to privatise the broadcaster Channel 4.

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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.