Latest News
05 Jul
federal reserve dl bonds us usa dollar fx
Wednesday preview: UK, euro area services and Fed minutes in focus

Financial markets' focus in the middle of the week would be on services sector activity on either side of the Channel.

05 Jul
Europe close: Stocks dip on light trading volumes

European shares slipped on Tuesday as investors eyed the implications of China’s decision to tighten controls over exports of two key materials used to make computer chips.

04 Jul
dl city of london gherkin st mary axe financial district buildings offices square mile financial district finance trading pb
London close: Stocks finish mixed on quiet trading day

London’s stock markets closed on a mixed note on Tuesday, in what was a relatively quiet trading day amidst a lack of economic news, and as the US markets remained closed for Independence Day.

04 Jul
dl revolution beauty group aim london makeup skincare haricare personal products logo
Director dealings: Revolution Beauty non-exec invests, LSE Group buyback continues

Revolution Beauty Group was on the list of director buys on Tuesday, after a non-executive board member purchased half a million shares across several transactions.

04 Jul
dl jersey oil and gas plc aim energy oil gas and coal oil crude producers logo 20230406 1601
Jersey Oil granted extension to Verbier licence

Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK continental shelf region of the North Sea, announced on Tuesday that the North Sea Transition Authority approved an extension to the second term of the P2170 ‘Verbier’ licence.

04 Jul
dl vast resources plc aim basic materials basic resources precious metals and mining gold mining logo 20230303
Vast Resources reports progress in resolving Zimbabwe claims

Mining company Vast Resources updated the market on the extension to the settlement of its historic claims on Tuesday, reporting that in a bid to expedite the handover process, it decided to engage the deputy sheriff to retrieve the parcel from the Reserve Bank of Zimbabwe (RBZ) under a writ of execution issued by the High Court of Zimbabwe on 14 June.

04 Jul
dl finance generic calculator figures spreadsheet accounting
WANdisco successfully raises $30m

WANdisco's fundraising went off with a hitch.

04 Jul
dl ocado group plc ocdo consumer staples personal care drug and grocery stores personal care drug and grocery stores food retailers and wholesalers ftse 100 premium 20230403 1552
FTSE 100 movers: Ocado gains, Sainsbury's in the red

London’s FTSE 100 was flat at 7,524. 85 in afternoon trade on Tuesday.

04 Jul
dl jarvis securities aim investment management financial services finance logo
Jarvis updates market on review of investment management subsidiary

London-based financial services provider Jarvis Securities updated the market on the ongoing skilled person review on Tuesday, being conducted by an independent third party appointed under the Financial Services and Markets Act (FSMA).

04 Jul
FTSE 250 movers: Dunelm slides on downgrade

Dunelm was under the cosh on Tuesday after RBC Capital Markets downgraded the homeware retailer to ‘underperform’ from ‘sector perform’ and slashed the price target to 1,000p from 1,300p.

04 Jul
dl dunelm group shop sign homeware houseware
Broker tips: Dunelm, Persimmon

Dunelm was under the cosh on Tuesday after RBC Capital Markets downgraded the homeware retailer to ‘underperform’ from ‘sector perform’ and slashed the price target to 1,000p from 1,300p.

04 Jul
Sainsbury's holds guidance, sees fall in food inflation

UK supermarket chain Sainsbury’s reported an 11% rise in grocery sales in the four months to June 24 and maintained annual guidance as it said food inflation was showing signs of falling.

04 Jul
dl boku inc aim industrials industrial goods and services industrial support services transaction processing services logo 20230321
Boku lifts expectations after strong first-half

Mobile payments technology specialist Boku reported significant growth in a first-half update on Tuesday, as its financial performance exceeded expectations.

04 Jul
Thames Water fined £3.3m over yet another sewage discharge

Scandal-ridden and debt-laden utility Thames Water has been slapped with a £3. 3m fine for pumping millions of litres of undiluted sewage was pumped into rivers near Gatwick Airport in 2017 and then attempting to mislead regulators over the incident.

04 Jul
dl strix group plc ketl industrials industrial goods and services electronic and electrical equipment electronic equipment control and filter aim ftse aim 100 index 2023032901151
Strix Group trading in line with guidance

Kettle safety and water filtration technology company Strix Group reported an improvement in trading performance in an update on Tuesday, confirming that the profit after tax for the full year was in line with market expectations.

04 Jul
Vistry inks deal on new shared ownership venture

Vistry Group said it had agreed a partnership with affordable housing provider Sage Homes to build 800 houses under their Home Stepper Housebuilder Shared Ownership model.

04 Jul
dl naked wines aim wine supplier retail brand label winery logo
Naked Wines Q1 sales below expectations; chair Stead to step down

Naked Wines reiterated its full-year guidance on Tuesday but said first-quarter sales had been below expectations, as it announced a delay to the publication of its results and the departure of chairman David Stead.

04 Jul
dl city of london canary wharf docklands underground tube london stock exchange lse finance trading generic photo
London midday: Stocks edge higher in quiet trade

London stocks had edged higher by midday on Tuesday as investors mulled news of China’s export restrictions on metals, and with the session likely to remain quiet as US markets will be closed for Independence Day.

04 Jul
Europe midday: Shares eke out gains; UK housebuilders knocked by downgrade

European shares extended morning gains on Tuesday as investors eyed the implication of China’s decision to tighten controls over exports of two key materials used to make computer chips.

04 Jul
dl fca financial conduct authority city regulator watchdog finance logo
FCA summons bank chiefs over low savings rate concerns

The Financial Conduct Authority (FCA) has called on the chief executives of major banks to address concerns over the low savings rates being offered to customers, it emerged on Tuesday.

News Source: © 2024 Web Financial Group (UK) Limited. All rights reserved and terms of use apply.

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.

 

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.