Latest News
Brexit transition agreement 'urgent', MPs warn government
MPs on parliament's Treasury Committee have warned the government that an agreement to implement a post-Brexit transition deal must be completed in a matter of weeks, or the UK economy will begin to be adversely affected.
US close: Stocks end on mixed note, despite Fed and tax cuts
Stocks finished on a mixed note after two rate-setters dissented from the Federal Reserve's widely-expected decision to hike rates.
Jefferies downgrades Sports Direct to 'underperform', sees it as overvalued
Mike Ashley-owned Sports Direct saw its shares downgraded to ‘underperform’ from ‘hold’ on Wednesday by analysts at Jefferies, who believe that current valuations are overpriced.
Sector movers: Financials pace gains ahead of central bank policy decisions
Cyclicals paced gains on Wednesday, alongside a bounce in food retailers with financials figuring prominently ahead of interest rate decisions from the Federal Reserve on Wednesday evening, as well as the Bank of England and European Central Bank the next day.
Director dealings: Ashtead's top brass sell at 52-week high
A large swathe of US-focused equipment rental company Ashtead's top brass offloaded a large part of their holdings of stock in the company even as the price hit a 52-week high.
Europe close: Stocks hit by strong euro, Italian political uncertainty
Stocks sagged as a weaker-than-expected reading on US inflation sent the single currency higher ahead of the US central bank's policy announcement later on Wednesday, with Italian stocks also battered by reports which, analysts said, held out the prospect for political instability in the Eurozone's third-largest economy in 2018.
Video stream users may be exposed to hidden cryptocurrency mining
Popular video streaming sites have a secret embedded code that mines cryptocurrencies through visitors' computers.
Connected cars may help Highways England spot potholes
Highways England, the government body responsible for roads, could receive as much as £30bn for the next Road Investment Strategy (RIS2).
FOMC hikes rates, but Evans and Kashkari dissent
The US central bank went ahead with its third rate hike of 2018, as expected, but two rate-setters dissented, voting instead for no change.
Disney close to sealing $60bn deal for Fox and Sky stake - reports
Walt Disney is reportedly set to secure a $60bn deal to buy 21st Century Fox’s entertainment assets, including its 39% stake in UK broadcaster Sky.
US open: Stocks rise ahead of Fed rate decision
Stocks are trading higher ahead of the US central bank's policy announcement later in the day, bolstered by a weaker than expected reading on consumer prices.
London close: Stocks flat as traders wait on US Fed
London stocks were little changed on Wednesday as investors digested some mixed UK jobs data and looked ahead to the latest policy announcement from the Federal Reserve.
Thursday preview: BoE, ECB, European Council, Bunzl, Ocado, Sports Direct
Thursday is a big day for the Brexit process as the European Council begins its two-day meeting in Brussels, while the Bank of England's and European Central Bank's rate setters are also convening and results are expected from the likes of Bunzl, Cussons, Ocado and Sports Direct.
Gasoline stockpiles build alongside increased domestic output
US crude oil inventories shrank more quickly than expected last week, albeit a large increase in domestic output and an offsetting large build in gasoline stockpiles.
Ubisense announces first satellite deployment of 'SmartSpace' platform
Enterprise location intelligence solutions provider Ubisense announced a new contract in the space and satellites sector on Wednesday - the first deployment in that sector for its SmartSpace platform and associated products.
Alexander Mining tech being assessed on Accudo assets
Alexander Mining updated the market on its business development activities on Wednesday, confirming that it has received an update from Accudo Metals regarding its agreement with the owners of the copper tenements and assets in Australia.
FTSE 250 movers: Serco surges on update; Sports Direct slips
London's FTSE 250 was up 0. 1% to 20,090. 36 in afternoon trade on Wednesday as investors mulled the latest UK jobs data and looked ahead to an expected rate hike from the Fed.
US core CPI falls short of forecasts in November
Consumer prices in the US confounded economists again last month as core inflation fell short of their forecasts, weighed down by a sharp drop in apparel costs.
WTI off intra-day highs as OPEC revises US output forecasts higher
The Organisation of the Petroleum Exporting Countries has revised its projections for US shale output in 2017 and 2018 higher even as the degree of forward cover in the industrialised world continued to rise.
FTSE 100 movers: Intertek rises on acquisition; Ashtead hit by downgrade
London's FTSE 100 was up 0. 1% to 7,504. 37 in afternoon trade on Wednesday as investors continued to digest the latest UK jobs data.