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12 Dec
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May wins confidence vote by 200 votes to 117

UK Prime Minister Theresa May on Wednesday won a no-confidence vote by 200 votes to 117 after promising she would not lead the party into the 2022 general election.

12 Dec
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US close: Stocks close higher on hopes of US-China trade deal

US stocks closed higher on Wednesday amid signs of improving trade relations between the US and China, with much of the attention being focussed back on this side of the pond.

12 Dec
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Thursday preview: ECB, Ocado in focus

Barring a surprise in Wednesday evening's no-confidence vote against Prime Minister Theresa May, which she is expected to overcome, the market spotlight is expected to shift towards the other side of the Channel, where rate-setters in Frankfurt are set to meet to decide on monetary policy.

12 Dec
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Broker tips: Alfa Financial, Eurocell

Analysts at Berenberg upgraded software outfit Alfa Financial to 'hold' on Wednesday, noting that after a "disappointing year", the risks to the firm's profit and loss was being priced-in as a result of its recent share price weakness.

12 Dec
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Canaccord lowers price target on Eurocell after heightened costs offset sales growth

Canaccord Genuity lowered its target price on UPVC supplier Eurocell on Wednesday after higher manufacturing and distribution costs offset its "solid double-digit" sales growth seen in the second half of the year.

12 Dec
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London close: Shares bounce alongside the pound ahead of no-confidence vote

London-listed shares extended their recent bounce on Wednesday amid signs of improving Sino-US relations, with the FTSE 100 firmly in the green and the pound bouncing back, although it remained near its recent lows, as investors mulled news of Theresa May's leadership challenge.

12 Dec
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Director dealings: TalkTalk chairman ups stake

TalkTalk chairman Charles Dunstone purchased 313,322 ordinary shares in the FTSE 250-listed telecoms outfit.

12 Dec
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Italy PM Conte seeks budget breakthrough as Salvini repositions on EU

Italian Prime Minister Giuseppe Conte is seeking to present revised budget figures in order to end a deadlock with the European Commission in a meeting on Wednesday, a source told Reuters.

12 Dec
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Germany willing to extend EU rights to UK banks to avoid disorderly Brexit

Germany is attempting to avoid a disorderly Brexit that will generate market turmoil in Europe by offering a last minute lifeline to UK banks and allowing them to maintain their EU rights after the divorce.

12 Dec
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Sector movers: Almost all sectors higher on trade hopes

Industrial stocks were boosted by trade deal hopes on Wednesday, with UK stocks generally shrugging off the political hullabaloo in Westminster.

12 Dec
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FTSE 100 movers: WPP rallies on upgrade; Wood Group and Sainsbury's slump

London's FTSE 100 was up 1. 2% to 6,891. 07 in afternoon trade as investors awaited the outcome of Theresa May's confidence vote.

12 Dec
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FTSE 250 movers: Marshalls builds while Superdry unravels

London's FTSE 250 was up 1. 28% at 17,880. 06 in afternoon trade on Wednesday, with Marshalls leading the way after cementing its position at the top of the pile with a new acquisition.

12 Dec
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Augean mothballing loss-making East Kent incinerator

Specialist waste management business Augean updated the market on the review of its East Kent High Temperature Incinerator on Wednesday, which it said was now complete.

12 Dec
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Seeing Machines partners with L3 Commercial Aviation

Computer vision technology company Seeing Machines has partnered with airline pilot training solutions provider L3 Commercial Aviation to deliver integrated eye tracking capabilities into L3’s ‘Full Flight Simulator’ (FFS), it announced on Wednesday.

12 Dec
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UKOG acquiring Solo Oil's share of PEDL331 licence

UK Oil & Gas announced on Wednesday that it has entered into a binding heads of terms with Solo Oil to acquire their 30% shareholding in the PEDL331 onshore Isle of Wight licence.

12 Dec
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National Grid appoints Andy Agg as new CFO

National Grid has appointed Andy Agg as chief financial officer with effect from 1 January 2019.

12 Dec
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Directa Plus to raise £4m in placing, open offer

Graphene-based products supplier Directa Plus announced plans on Wednesday for a share placing and open offer to raise around £4m, the net proceeds of which will be used to up investment to drive growth.

12 Dec
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US CPI slows in November as expected

The cost of living in the US declined last month, as expected, as energy price inflation ebbed.

12 Dec
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Berenberg upgrades Alfa Financial following 'difficult year'

Analysts at Berenberg upgraded software outfit Alfa Financial to 'hold' on Wednesday, noting that after a "disappointing year", the risks to the firm's profit and loss was being priced-in as a result of its recent share price weakness.

12 Dec
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Domino's Poland drops as competitor advertising softens sales growth

Domino’s Pizza Poland’s shares dived on Wednesday as the company warned that a "softening" of like-for-like sales growth had continued into the fourth quarter.