Latest News
US close: Markets weaker as trade concerns continue to build
Wall Street finished Thursday’s session weaker, as concerns about international trade weighed on markets, eBay and American Express disappointed with second-quarter numbers and another twist in the battle for control of 21st Century Fox.
Nearly 29% of UK supermarket packaging is not recyclable
A Which? investigation has found a third of plastic packaging in supermarkets is not recyclable. Morrisons was found to be the best at using recyclable packaging while Lidl showed the worst results.
Thursday broker round-up
Hochschild Mining: Numis upgrades to add with a target price of 210p.
Broker tips: Sports Direct, Nichols, Microsoft
Sports Direct's tumbling headline profits saw its shares fall 7% on Thursday but underlying numbers were much improved and some analysts felt the shares deserved a higher rating.
Local councils take legal action against Heathrow Airport expansion
Five local councils notified the Theresa May's government that they are seeking a judicial review of the government’s decision to go through with the expansion of London’s Heathrow Airport, with the support of London Mayor Sadiq Khan.
Persimmon homeowners warn off buyers in new snagging row
A couple have put up signs warning potential house-buyers to avoid purchasing properties on their estate in Newquay, Cornwall, due to a dispute with Persimmon Homes.
Europe close: Bourses finish in the red as trade fears mount
European bourses had a downbeat day on Thursday, with all the major equity indices finishing in the red as heightened tensions over trade weighed on markets and investors digested a slew of corporate news.
Burberry destroys £28.6m of stock to battle counterfeiting
Burberry destroyed unwanted stock worth £28. 6m in its last financial year to avoid it falling into hands of forgers or finding its way onto other shelves or websites.
Uber hires first chief privacy officer
Uber has hired its first chief privacy officer ahead of the ride hailing appmaker's planned initial public offer next year.
London close: UK shares outshine European peers as pound suffers
London's FTSE 100 was the only major European index not to slide into the red on Thursday as the pound took another beating, but little headway was made due to losses in the mining sector and renewed trade concerns.
Be Heard's issues profit warning
Digital marketing services firm Be Heard Group plummeted on Thursday after the group warned that full year profits would be lower than last year despite strong revenue growth.
DekelOil dives after 'poor harvest' scuppers production
Dekeloil Public saw its share price dip on Thursday after a poor harvest resulted in year-on-year decreases in fruit collection and sales of palm oil.
Frontier's Jurassic World Evolution game exceeds 1m sales
Independent videogame developer and publisher Frontier Developments’ Jurassic World Evolution game has sold more than 1m units in less than six weeks.
BNY Mellon shares hit hard by client losses
Bank of New York Mellon stock tumbled on Thursday after the US financial services group said it had lost two clients, overshadowing otherwise solid second-quarter earnings.
US open: Stocks slip as trade concerns mount
Wall Street got off to a subdued start on Thursday, as concerns about international trade weighed on markets, eBay and American Express disappointed with second-quarter numbers and there was another twist in the battle for control of 21st Century Fox.
Sports Direct profits plunge due to investments, 'elevation' gains traction
Sports Direct reported a 3. 5% improvement in annual revenue to £3. 36bn for the year to 29 April but a 72. 5% plunge in profit before tax to £77. 5m.
Sports Direct underlying profits spur Liberum upgrade, others unconvinced
Sports Direct's headline profits may have tanked 73% but underlying numbers were much improved and some analysts felt the shares deserved a higher rating, though others continued to remain unconvinced.
Hackney council clamps down on nightlife with new curfew
Nightlife in the London borough of Hackney is under threat after the local council voted in favour of a clamp-down, including curfews and prevention of granting of new licences.
Audioboom narrows loss as is strives for profitability
Podcast platform Audioboom issued its unaudited half-yearly results for the six months ended 31 May on Thursday, reporting a 43% improvement in revenue to £2. 6m year-on-year.
FTSE 250 movers: Moneysupermarket surges on fintech plans, Babcock tumbles
London's FTSE 250 was down 0. 4% to 20,891. 13 in afternoon trade on Thursday, but Moneysupermarket bucked the trend as investors welcomed plans for a new mortgage fintech.