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07 Dec
Christmas, oxford street, shopping, retail, London
No Black Friday fillip for UK's embattled high street

Black Friday failed to lift the UK’s beleaguered high street, research published today showed, with retail sales falling nearly 3% in November.

07 Dec
Sector movers: Sinking tide drags down all ships

Every single sector was in the red on Thursday as the FTSE 100 and 250 indices finished around two-year lows amid a general market sell-off sparked by renewed worries about US-China trade relations.

07 Dec
house prices rightmove housing
House prices to remain flat in 2019, predicts Rightmove

Overall house price growth will stall in 2019 as the UK gears up to quit the European Union, according to forecasts published on Friday.

06 Dec
Commodities: Brent drops on lack of OPEC announcement, amid wave of risk aversion

Energy futures dragged on the entire complex after the Organisation of Petroleum Exporting Countries's ministerial meeting adjourned without a formal announcement to cut its combined output, pending a decision by Moscow.

06 Dec
cbhammond short
Last minute Brexit deal rejig 'delusional', says Hammond

An 11th-hour renegotiation of the Brexit deal to strike better terms was “delusional” and a no-deal outcome “two awful to contemplate”, Chancellor Philip Hammond warned on Thursday.

06 Dec
Friday preview: US November jobs report in focus

The focus at the end of the week will shift slightly towards the other side of the Pond, although the debates in Parliament will continue to be very closely monitored.

06 Dec
theresa may pool
May looks for options on Irish backstop as Brexit vote nears

UK Prime Minister Theresa May was reportedly floating the option of giving MPs a vote on either the Brexit Irish backstop or extending the transition period beyond December 2020.

06 Dec
New York Stock Exchange, NYSE, markets, Wall Street
US close: Stocks stage epic rally to bounce back from session lows

US stocks saved themselves from some serious losses on Thursday, joining the global selloff earlier in the session but recovering somewhat to see the Dow close just 79 points lower.

06 Dec
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Broker tips: Bellway, Persimmon, Barratt Developments, Bovis Homes, Crest Nicholson, BAE Systems

Liberum upped its stance on Barratt Developments, Bovis Homes and Crest Nicholson on Thursday, arguing that there is at least 20% upside if a smooth Brexit materialises.

06 Dec
bae systems advanced precision kill weapon rockets
UBS downgrades BAE as budget risks loom in the face of Brexit

Analysts at UBS downgraded defence, security, and aerospace giant BAE Systems to 'neutral' on Thursday, noting the FTSE 100 constituent's organic growth prospects appeared "limited".

06 Dec
city london skyline moon
London close: Footsie finishes at two-year low

London's FTSE 100 sank to its lowest close in more than two years on Thursday, joining a broader market selloff as news of Canada's arrest of a Chinese executive at the behest of the US reignited trade war concerns.

06 Dec
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Europe close: Stocks drop amid heightened global trade concerns

European stockmarkets came under heavy selling pressure on Thursday with the rout extending further during afternoon trading, as investors tracked weakness in shares on Wall Street and after OPEC and its allies failed to decide on an oil output cut, which saw energy futures slide lower.

06 Dec
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Dewhurst's profits flat as currency movement stifles growth

Dewhurst reported on Thursday that its profits remained largely flat after gains from new acquisitions were offset by adverse currency movements.

06 Dec
Brent oil futures drop after OPEC summit ends without decision on output cut

In a surprise development, Thursday's meeting of energy ministers from the Organisation of Petroleum Exporting Countries and its allies adjourned without a final decision on by how much to cut the group's combined crude oil output.

06 Dec
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FTSE 250 movers: Thomas Cook flies low, Genus holds fast amid selloff

London's FTSE 250 was down 2. 66% at 17,785. 79 in afternoon trade on Thursday, as Thomas Cook led the downward charge following news of its demotion from the index.

06 Dec
Strategic Minerals boosted by Australian copper mineralisation

Strategic Minerals’ shares surged on Thursday after intersecting “significant” copper mineralisation at its Leigh Creek Copper Mine (LCCM) project in South Australia.

06 Dec
wall street
US open: Wall Street stocks dragged into global bloodbath

US stocks joined the global selloff on Thursday, with the Dow opening more than 440 points lower following Wednesday's trading pause.

06 Dec
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: James Cropper chair ups stake

James Cropper chairman Mark Cropper purchased 29,440 ordinary shares in the AIM-listed firm on Thursday.

06 Dec
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Beeks signs three-year contract with Tier 1 financial firm

Financial cloud computing and connectivity provider Beeks Financial Cloud Group announced the signing of a three-year contract with a new, unnamed Tier 1 financial services organisation from within the insurance sector on Thursday.

06 Dec
Time Out by sarchi (Flickr)
Time Out Group signs deal to open market in Prague

Media and entertainment business Time Out Group has entered into a management agreement with CRESTYL Group to open a new Time Out Market in Czech capital Prague, it announced on Thursday.