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17:20
boris johnson theresa may
London close: FTSE holds on to gains as Boris becomes Tory leader

London stocks held on to most of their gains by the close on Tuesday, as markets digested the fact that Boris Johnson would be crowned Prime Minister after winning the Tory leadership contest.

17:13
smith nephew robotics
Tuesday broker round-up

XPS Pensions Group: RBC Capital Markets initiates outperform with a target price of 140p.

17:13
lse london stock exchange balloons
FTSE 250 movers: Hays climbs, Amigo Holdings falters

London’s FTSE 250 was up 0. 58% at 19,762. 86 in afternoon trade on Tuesday, as recruitment outfit Hays led the index higher.

17:11
ep oficinabanc santandermadrid recurssucursal
Europe close: Markets buoyant amid slew of solid earnings

European shares closed in the green on Tuesday, as solid corporate earnings and a strong session on Asian markets provided impetus.

16:47
whitbread premier
Broker tips: Whitbread, Scapa

Premier Inn owner Whitbread was under the cosh on Tuesday as Bernstein downgraded the stock to 'underperform' from 'market perform', pointing to a return to a fundamental-led performance following the recent cash return.

16:19
un-travailleur-tient-en-parapluie-aux-couleurs-du-royaume-uni-devant-le-london-stock-exchange-en-octobre-2008-bourse-marches-financiers
Director dealings: Shaftesbury director ups stake

Shaftesbury non-executive director Richard Akers has acquired 2,000 ordinary shares in the FTSE 250-listed landlord.

16:17
credit cards
PCI-PAL makes 'significant' progress with contract wins

Payment card data protection company PCI-PAL on Tuesday said it had made significant full year progress as it forecast its annual loss would be in line with expectations.

15:45
wall street
US open: Stocks go green as earnings onslaught continues

Wall Street trading began on a positive note on Tuesday following earnings from the likes of Coca-Cola, Biogen, Lockheed Martin, United Technologies and Harley-Davidson.

15:41
Mondi
FTSE 100 movers: Paper and packaging shares rally; Whitbread hit by downgrade

London's FTSE 100 was up 0. 8% at 7,573. 06 in afternoon trade on Tuesday as Boris Johnson was set to be crowned Prime Minister after winning the Tory leadership contest.

15:38
fuel12
Quadrise Fuels confirms need for funding

Quadrise Fuels confirmed on Tuesday that it needs funding for its operations to keep going past early October.

15:37
IMF lowers global growth forecasts on trade, Brexit concerns

The International Monetary Fund (IMF) cut growth forecasts for the global economy for this year and next as it warned that an escalation of the China-US trade war or a hard Brexit could harm it further.

15:07
premier inn, whitbread, bed, hotel
Whitbread slumps on Bernstein downgrade

Premier Inn owner Whitbread was under the cosh on Tuesday as Bernstein downgraded the stock to 'underperform' from 'market perform', pointing to a return to a fundamental-led performance following the recent cash return.

14:58
De La Rue tanks as SFO launches probe over South Sudan conduct

Shares in banknote printer De La Rue tanked on Tuesday after it said the Serious Fraud Office has launched an investigation over "suspected corruption" in its business conduct in South Sudan.

14:57
standard life aberdeen sla
FCA fines Standard Life Assurance £30m over pension sales failures

The Financial Conduct Authority fined Standard Life Assurance £30. 7m on Tuesday, for failures related to non-advised sales of annuities.

14:32
DX Group ready to deliver annual profits

Courier firm DX Group on Tuesday forecast a return to profit for the full year, in line with market forecasts.

14:21
boris johnson zipwire
Boris Johnson elected Conservative Party leader; will become new PM

Boris Johnson was on Tuesday elected leader of the Conservative Party and as a result will become prime minister, replacing Theresa May.

13:44
libra, esterlina, divisa, moneda, reino unido pound currency
FCA urges expansion of credit unions to protect consumers from payday lenders

The FCA urged the government to facilitate the availability of alternatives to high-cost credit in an update on Tuesday, saying it supported the expansion of credit unions to help vulnerable consumers.

13:42
internet computers
Getbusy set to beat full-year revenue expectations after strong interims

Getbusy's shares leapt on Tuesday after it slashed its interim loss, as revenue increased following paid customer growth, putting the company on course to beat full-year revenue expectations.

13:37
Apple reportedly looking to snap up Intel's smartphone chip division

Apple is said to be in talks to buy Intel's modem chip division for approximately $1bn within the next week.

13:35
pound, sterling, pounds
Quixant expects FY profit to be more weighted to second half

Gaming industry technology group Quixant traded in line with expectations during the first half of the year, positioning it well for a solid second half, it said on Tuesday.