London Stock Exchange AIM LSE shares
London open: Stocks inch up as investors sift through corporate news; inflation data eyed

London stocks nudged higher in early trade on Tuesday as investors sifted through a raft of corporate news ahead of the release of the latest UK inflation figures.

jd sports lucky ellesse clothing
JD Sports sees FY profit ahead of market expectations after strong second half

JD Sports said on Tuesday that it expects pre-tax profit for the year to 3 February 2018 to be ahead of market expectations following a strong second half.

Provident Financial continues to struggle with home credit business

Provident Financial reported "progress" in the final quarter of the year but 20% fewer new customer bookings for its Vanquis Bank arm and said it expects losses from its doorstep lending business to be at the larger end of expectations.

Tuesday newspaper round-up: Carillion fall-out, household debt, Brexit blow

One in four of Britain’s poorest households are falling behind with debt payments or spending more than a quarter of their monthly income on repayments, according to a study. The latest evidence of mounting debt problems for some of the most vulnerable in society is shown in a report by the Institute for Fiscal Studies, on behalf of the Joseph Rowntree Foundation, with the poorest tenth of households more likely to be in net debt, owing more on plastic or on overdrafts and loans than they hold in savings.

spire healthcare hospital
Spire Healthcare confirms 2017 guidance

FTSE 250 hospital group Spire Healthcare confirmed its previous guidance for 2017 on Tuesday.

national express
National Express says US tax reforms will cut tax rate to low from high 20s

National Express expects changes to the US tax system that came into effect at the beginning of this month to reduce its effective tax rate to the low 20s from the high 20s.

Tate & Lyle promotes Hampton to CEO as Ahmed steps down

Tate & Lyle has promoted current chief financial officer Nick Hampton to the role of chief executive with effect from 1 April 2018.

Ashmore assets under management rise 7% in Q2

Asset manager Ashmore posted a jump in assets under management for the three months to the end of December amid strong net inflows.

London Stock Exchange AIM LSE shares
London pre-open: Stocks seen higher ahead of inflation figures

London stocks were set for a positive open on Tuesday following an upbeat session in Asia, as investors eyed the latest inflation figures.

15 Jan
carillion rail
Carillion contracts to be taken in-house or re-tendered, says government

Following the collapse of construction and outsourcing group Carillion, the government said it will take on some contracts and others will be re-tendered to other contractors.

15 Jan
Money cash dollars
FX round-up: US dollar slides to fresh 52-week low

The US dollar spot index continued to give back ground at the start of the week amid what analysts at UniCredit Research described as a "symphony of factors" conspiring to the advantage of the single currency.

15 Jan
Oil mining
JKX Oil and Gas completes workover of Ukrainian well

Upstream exploration and production company JKX Oil and Gas has successfully completed its workover project on its IG101Z well in Ukraine, the first drilling operation conducted by its local operator since 2015.

15 Jan
Broker tips: GKN, G4S, Johnson Matthey

Berenberg upped its price target on GKN to 455p from 365p on Monday, sticking with its 'buy' rating as it said it seems inevitable the engineer will end up being owned by Melrose Industries, after it rejected a £7bn bid last week.

15 Jan
London Stock Exchange AIM LSE shares
Director dealings: Xafinity director buys £120,000 shares after acquisition

John Batting, executive director of pensions consulting and administration business Xafinity, forked out more than £121,000 on Monday to pick up shares.

15 Jan
gold bars precious
Orosur Mining profits offset by depreciation and retrenchment costs

South-American focussed gold producer Orosur Mining produced a loss in the three months leading to 31 December, as growing operating profits were wiped out by higher levels of depreciation and costs associated to staff retrenchments.

15 Jan
Medical students are being urged to help relieve the NHS winter crisis

Undergraduates are voluntarily filling labour gaps at the NHS as it struggles to cope with the winter crisis.

15 Jan
ep cirugia plastica
Carclo directors depart alongside double profit warning

Shares in plastic components supplier Carclo tanked on Monday morning, as the West Yorkshire-based firm announced that its chairman and finance director had stood down after issuing a profit warning for last year and this.

15 Jan
Drugs, pharmaceuticals, medical
Sinclair Pharma expects return to profit after revenues jump 20%

AIM-listed speciality pharmaceutical group Sinclair Pharma grew revenues by a fifth over the twelve months ended 31 December, as the effort put toward restructuring its European operations began to bear fruit.

15 Jan
Tuesday preview: UK inflation update, Dunelm, Rio Tinto, Ophir to report

Tuesday will determine whether inflation has exceeded Bank of England of England governor Mark Carney's target for the second month in a row, while January's deluge of retail updates continues on Tuesday with Dunelm, Greggs and JD Sports.

15 Jan
Softbank CEO
SoftBank may sell 30% of telecoms arm in £13bn IPO

Japanese company SoftBank is studying floating 30% of its mobile phone business SoftBank Corp. in Tokyo and overseas, possibly in the autumn.