Market Report
Eurozone retail sales drop more than expected in October
Retail sales in the eurozone fell more than expected in October, according to figures released by Eurostat on Tuesday.
Mammoth fare rise after year of hell on railways
Commuters are bracing for the biggest fare rise in five years, as the Rail Delivery Group confirms the annual January increase will see ticket prices rise by an average of 3. 4% from 2 January.
Pub closures hit Vianet's first-half revenues
Vianet's revenue fell in the first half after pub closures reduced the number of venues using its beer monitoring service.
Eurozone business activity accelerates in November - IHS Markit
Business activity in the eurozone accelerated in November, according to data released on Tuesday.
Fever-Tree appoints Charles Gibb as North America CEO as it sets up new office
Carbonated mixers maker Fever-Tree has established an office in North America which will be headed up by Charles Gibb.
UK car sales fall for eight month in a row - SMMT
UK new car sales have skidded lower for an eighth consecutive month, entirely from falling demand for diesel vehicles.
IG Group still confident despite growth slowing in second quarter
IG Group, the spreads and stocks broker, saw growth slow in the second quarter after a barnstorming first, though revenues were still higher and costs lower than the same period last year.
Victrex declares bumper dividend after strong year
Victrex said it had kept up its momentum after the maker of polymer products reported full-year results at the top of market expectations.
London open: Stocks edge up as pound retreats, supermarkets rally on upgrades
London equity markets edged higher in early trade on Tuesday, helped along by a weaker pound as hopes waned over Brexit talks, while supermarket stocks put in a solid performance and investors eyed the latest reading on the services sector.
Provident Financial faces second FCA investigation
Provident Financial's Moneybarn motor finance arm is being investigated by the financial watchdog, the second of the embattled sub-prime lender's businesses to be probed.
BAT reveals second interim dividend ahead of quarterly move
British American Tobacco has declared a second interim dividend of 43. 6p per ordinary share this year, to be paid in February as it makes a move to paying out returns on a quarterly basis.
Wizz Air stats continue to rise as airline expands network further
Central and Eastern Europe-focussed low cost carrier Wizz Air Holdings described another month of expansion as it issued its traffic statistics for November on Tuesday.
Vodafone teams up with SoftBank to improve enterprise services in Japan
Telecommunications giant Vodafone and Japan-based communications investment conglomerate SoftBank Group issued a joint announcement on Tuesday, saying they have entered into a strategic alliance in mobile services for enterprise customers.
Ferguson on track as strong US growth offsets weak UK
Ferguson, the plumbing and heating products supplier, said it was on track to meet annual profit expectations after strong growth in the US offset tough trading in the UK's stuttering housing market during the first quarter.
Wood Group wins multi-million dollar contract with Glaxo in Germany
Wood Group has won a multi-million dollar contract to support GlaxoSmithKline in Germany.
Strong US growth pushes Ferguson towards full year, another Provident unit under FCA scrutiny
London open.
London pre-open: Stocks seen flat as investors eye services data
London stocks were set for a flat open on Tuesday following uninspiring sessions in the US and Asia, as investors await services data for the UK and the eurozone and further news on Brexit negotiations.
Tuesday newspaper round-up: Housebuilders, LSE, RBS
More than one in six people working on housebuilding sites across Britain come from other EU countries, rising to half of site workers in London, according to a new report. A survey of 37,000 housebuilding workers across Britain shows 17. 7% are from the EU. More than half of those come from Romania, with 12% from Poland and almost 10% from Ireland. – Guardian.
US close: Markets mixed as investors digest tax cut news
Wall Street finished mixed at the end of the first session of the week, as investors welcomed news that Senate Republicans passed their proposed tax reform bill, although political concerns were still on some traders' minds.