Latest News
St James's Place confirms appointment of Iain Cornish and Roger Yates
St James's Place has confirmed the appointment of Iain Cornish and Roger Yates as chair and senior independent director, respectively, with immediate effect.
Matalan Q2 revenue rises but earnings flat amid 'challenging' market
Fashion and homeware retailer Matalan posted a rise in second-quarter revenue on Monday despite a "volatile" market, but earnings were virtually flat as the company highlighted significant currency pressure in the first half.
Schroders and Lloyds in wealth management talks
Schroders said on Monday that is in discussions with Lloyds Banking Group about working together "in parts of the wealth sector", rumoured to include a new joint venture.
Bioventix posts healthy profits, ups dividend; warns of plateauing vit-D sales
Aim’s Bioventix announced Monday it would pay a special dividend after a strong year of revenue and profit growth – but also sounded a warning over one of its key revenue streams.
EasyHotel targets continental expansion as sales and revenue grow
After an "excellent" performance from newly opened hotels, EasyHotel reported improved room revenue and sales for the year ended 30 September on Monday.
Brexit rated biggest threat to UK business as confidence falls
Hiring in the UK has hit its lowest level for 25 years as Brexit becomes the biggest threat to UK business “by far”, ahead of trade wars, weak UK demand and geopolitics, two surveys revealed on Monday.
William Nordhaus and Paul Romer win Nobel Prize for Economics
The 2018 Nobel Memorial Prize for Economic Sciences has been won by William Nordhaus and Paul Romer for their work on climate change.
Monday broker round-up
Mediclinic International: Investec upgrades to buy with a target price of 448p.
Europe midday: Sentiment hit by share price falls in China, Italian debt
Stocks have begun the morning trading lower with investor sentiment dented by sharp losses in Chinese shares overnight and another round of selling in Italian government debt.
IPCC warns of climate crisis by 2040 if fossil fuels not scrapped
The new climate report from the Intergovernmental Panel on Climate Change (IPCC) called for fossil fuels to be phased out rapidly to avoid a climate crisis that could hit as soon as 2040.
Ensco and Rowan to merge in all-stock deal
US offshore drillers Ensco and Rowan announced on Monday that they have agreed to combine in an all-stock transaction with an enterprise value of $12bn.
US pre-open: Stocks to drop after heavy Asian losses
US stocks looked set to drop at the open on Monday amid ongoing concerns about rising bond yields and the trade spat with China.
UK 'welcome to join' trans-Pacific trade deal post-Brexit
Japanese Prime Minister Shinzo Abe said he would welcome the UK to the Trans-Pacific Partnership trade deal (TPP) “with open arms” after Brexit.
London midday: Stocks fall further as pound retreats on Brexit woes
London stocks had fallen further into the red by midday on Monday as surveys from Deloitte and the British Chambers of Commerce dented the pound.
Expansion plans pay dividends as Angling Direct's profits surge
Angling Direct, the UK’s largest fishing tackle specialist, saw revenues and profits jump in the first half of the year.
Facebook's UK tax bill edges up
Facebook received a larger tax charge of £15. 7m in UK tax last year, but the US tech giant more than halved its tax bill by paying shares to employees.
Shore Capital downgrades Halma on valuation grounds
Halma was in the red on Monday as Shore Capital cut its stance on the safety products company to 'hold' from 'buy' on valuation grounds.
Sopheon set to trump expectations after new customers sign up
Enterprise innovation management software provider Sopheon saw its shares jump on Monday after it reported that its full-year results are on track to exceed expectations after new business wins.
Mycelx ups guidance on project award, better-than-expected media sales
Clean water technology group Mycelx Technologies upped its 2018 revenue and profit forecasts on Monday thanks in part to a new project award.
Digital sales on the rise at Codemasters
Video game developer Codemasters said first half revenue came in at £39. 7m as digital sales as a proportion of revenue continue to increase.