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Trump sends markets plunging with 50% tariff threat on EU
Stockmarkets slumped on Friday after US President Donald Trump said he wanted a 50% tariff on the European Union from June 1and complained that the 27-nation bloc had been "very difficult" to deal with.
FTSE 250 movers: AJ Bell surges; Watches of Switzerland slides
FTSE 250 (MCX) 20,636. 12 -0. 79% .
Europe midday: Shares slump as Trump threatens EU with 50% tariffs
European markets slumped on Friday after US President Donald Trump said he wanted a 50% tariff on European Union imports from June 1and complained that the 27-nation bloc had been "very difficult" to deal with on trade talks.
UK energy cap cut by 7% but Britons still paying higher bills
UK household energy bills will fall by 7% from July, industry regulator Ofgem said on Friday, although they will still be higher year on year amid a squeeze on consumers from local tax rises and massive water charge increases.
Europe open: Shares up as investors eye German GDP, US bonds
European markets opened higher on Friday as investors digested revised German GDP figures and latest on US President Donald Trump’s plan for massive tax cuts and spending rises.
Games Workshop says record licensing revenue won't be matched this year
Warhammer maker Games Workshop said it current-year licensing revenue would not match 2024/25’s record of £50m adding that pre-tax profit for the 52 weeks to June 1 would be at least £255m, smashing estimates of £225m.
Tate & Lyle shares fall on US tariff threat to revenue
Shares in Tate & Lyle fell almost 6% on Thursday after the food and beverage giant warned revenue growth in the current year would be at or just below the low end of its medium-term target range, blaming uncertainty over US tariffs.
EasyJet shares fall despite confidence in FY earnings
Shares in easyJet fell on Thursday despite the budget airline saying it was confident in meeting annual profit forecasts with forward bookings for the third-quarter 80% sold ahead of the key summer period.
Europe midday: Shares slip further on US deficit worries, EZ PMI
European markets were down sharply on Thursday as worries increased about the growing US budget deficit amid President Donald Trump's plan for massive tax cuts while a downbeat business sentiment survey also dented sentiment.
Hill & Smith sees no major hit from tariffs; Trading in line
Infrastructure product supplier Hill & Smith said it was not currently seeing any significant impact from US tariffs, adding that any raw materials cost increases had been offset by price rises.
Europe open: Shares slide as Trump tax cuts plan spooks investors
European markets opened lower on Thursday as worries increased about the growing US budget deficit amid President Donald Trump's plan for massive tax cuts.
Mitchells & Butlers sees FY at top end as recent sales jump 6%
Toby Carvery owner Mitchells & Butlers said it expected annual earnings to be at the top end of estimates, adding that underlying sales in the last 10 weeks had risen 6%.
Energean trims FY production guidance
Gas explorer Energean on Thursday trimmed full-year production guidance citing actual performance in the year to date and the uncertainty around the unsuccessful sale of its $930m sale of portfolio in Egypt, Italy, and Croatia to Carlyle.
JD Sports shares slump on fears US price hikes could hit demand
Shares in JD Sports slumped on Wednesday as it warned that US demand could be hit with customers facing higher prices due to US President Donald Trump's tariff polices and revealed a 2% fall in underlying sales amid a “volatile” market.
Europe midday: Shares down on MEast tension, Trump trade, tax policies
European shares were lower on Wednesday amid geopolitical tensions and worries about the size of US debt as President Donald Trump’s tax and spending Bill nears a vote, while a hot UK inflation reading also dampened sentiment.
Playtech sees trading in line; US demand 'very strong'
Gambling software maker Playtech said trading was in line with expectations in the first four months of the year, with as it moved to become predominantly pure-play B2B operation.
Ithaca ups production guidance after Cygnus buy
North Sea oil and gas explorer Ithaca Energy raised its full-year production forecasts on Wednesday after lifting its stake in the Cygnus gas field from Centrica.
Europe open: Shares fall on Israel-Iran tensions, US debt worries
European shares opened lower on Wednesday amid geopolitical tensions and worries about the size of US debt as President Donald Trump’s tax and spending Bill nears a vote, while a hot UK inflation reading also dampened sentiment.