Latest News
Ethereum loses £400,000 worth of tokens in rare hack
The digital currency Ethereum lost up to £400,000 worth of tokens in a rare cyber “51% attack” that has raised questions about its security.
US close: Dow closes 250 points higher on positive rumours out of Beijing
Wall Street stocks closed higher for a third straight session on Tuesday as optimism surrounding the latest round of talks between the US and China boosted sentiment.
Economy Energy goes bust with 235,000 customers abandoned
Independent supplier Economy Energy has gone bust, less than a week after it was ordered to stop signing new customers, the industry regulator said on Tuesday.
UK MPs defeat government over plans for no-deal Brexit
UK MPs inflicted an embarrassing parliamentary defeat on Prime Minister Theresa May as they made opposition to a no-deal Brexit known.
BP plans $1.3bn expansion in Gulf of Mexico
BP said it was planning a $1. 3bn expansion at the Atlantis field in the Gulf of Mexico, adding that it had identified an extra one billion barrels of oil at an existing field.
FX round-up: Sterling sees profit-taking as investors wait for Trump speech, Commons vote
Sterling was on the back foot on Tuesday, as traders took profits following recent weakness in the US dollar, ahead of an eagerly awaited speech from the US President and a potentially key vote in Parliament on the Prime Minister's Brexit plans.
Heathrow departures temporarily halted after drone sighting
Departures at Heathrow Airport were temporarily suspended after a drone was sighted, the airport said on Tuesday.
Commodities: Brent extends gains, China reports rise in official gold holdings
Commodity prices continued to advance on Tuesday amid generally 'risk-on' trading, although traders were carefully scanning the headlines out of the second round of US-China trade talks in Beijing.
London close: Stocks climb on cautious optimism over trade, Brexit
London stocks recouped more of last month's losses on Tuesday, underpinned by optimism over US-China trade talks, rumours of a delay to the Brexit date and bargain hunting by investors.
UK offshore oil workers accept third pay offer
Members of the UK’s largest trade union on Tuesday accepted a new pay offer from North Sea contractors, avoiding the threat of the largest strike in the area’s oil producing history.
Small caps round-up
Low-cost housebuilder MJ Gleeson said on Monday that half-year results will be "significantly" ahead of the previous half, while results for the year will be at least in line with expectations amid strong demand.
Europe close: Stocks end higher, but off their best levels
Somewhat positive news around the ongoing US-China trade talks buoyed shares on Tuesday, helping investors to brush-off the release of very weak readings on German industrial production and euro area business confidence.
FTSE 100 movers: Morrisons slumps; Melrose boosted by broker note
London's FTSE 100 was up 1. 1% to 6,882. 80 in afternoon trade on Tuesday, buoyed by optimism over Sino-US trade talks.
Wednesday preview: Fedspeak, Barratt Developments, Taylor Wimpey in focus
The market spotlight will continue to be on any potentially market-moving headlines out of the ongoing trade talks between Beijing and Washington which are set to continue for a third (and unscheduled) session.
Sector movers: Exporters gain on trade optimism, telecoms dip
Automobiles and parts, general industrials, retailers, construction and media sectors were the diverse driving forces in London on Tuesday, while telecoms and healthcare and pharma sectors were not acting as much of a brake.
Broker tips: Electrocomponents, Ryanair, Ashtead, Vodafone
Electrocomponents surged on Tuesday as Jefferies upped the stock to 'buy' from 'hold' and UBS pushed it up to 'buy' from 'neutral'.
FTSE 250 movers: Computacenter jumps while SIG's foundations crack
London’s FTSE 250 was up 1. 64% at 18,270. 15 in afternoon trade on Tuesday, with Computacenter and Electrocomponents leading the charge.
Sigma Capital expects 205% jump in profits
Sigma Capital on Tuesday stated that a “very strong” second half of 2018 led the company to expect a significant uplift in profits and revenues across the full year.
Heathrow plans to add 25,000 extra flights a year before new runway
Heathrow airport announced on Tuesday plans to add an extra 25,000 flights before its third runway is built as it launched a new consultation over its operations.
Director dealings: Eagle Eye directors up stake
Eagle Eye Solutions non-executive directors Terry Leahy and Bill Currie both purchased 150,000 ordinary shares in the AIM-listed software-as-a-service outfit on Tuesday.