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Latest News
27 Feb
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Spain's Pedro Sánchez plots public sector hiring spree before elections

The Spanish President, Pedro Sánchez, has announced plans for a massive increase in civil servant hiring ahead of the country's 28 April general elections.

26 Feb
theresa may parliament commons jan16
May gives parliament votes on delaying Brexit

UK Prime Minister Theresa May said on Tuesday that if her Brexit deal is defeated in parliament next month, she will give MPs two further votes to decide what to do next.

26 Feb
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Europe close: Investors cheer lessened risk of 'hard Brexit'

Stocks on the Continent reversed course to finish the session modestly higher on the back of the apparent progress in avoiding a so-called 'no deal' Brexit.

26 Feb
Wednesday preview: St.Jame's Place, Weir Group in focus

A stream of corporate announcements will be in the spotlight on Wednesday, as the earnings season continues to ramp-up.

26 Feb
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Broker tips: BT, IG Group

Analysts at Berenberg downgraded UK telecoms giant BT to 'hold' on Tuesday as it questioned whether the group's normalised free cash flow would be enough for it to meet its strategic targets while maintaining its dividend payout.

26 Feb
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RBC initiates coverage on IG Group at 'outperform'

RBC Capital Markets initiated coverage on UK-based trading outfit IG Group at 'outperform' on Tuesday despite noting that the firm's "robust growth trajectory" had been interrupted by the implementation of new EU regulatory measures.

26 Feb
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Quadrise leaps after partnering with Aleph for Kuwait expansion

Quadrise Fuels International's shares racked up solid gains on Tuesday after it entered into a services agreement with Aleph Commodities to pursue opportunities on behalf of Quadrise for the use of its MSAR emulsion technology in Kuwait.

26 Feb
London close: Mixed day for stocks as pound surges on May's Brexit U-turn

London's blue-chip benchmark finished in the red on Tuesday but domestically focused stocks climbed higher, as Theresa May offered parliament a vote to prevent a no-deal Brexit sending the pound surging and also lifting hopes for the UK economy.

26 Feb
London Stock Exchange AIM LSE shares
Director dealings: IHG director lowers stake

InterContinental Hotels' new chief commercial and technology officer George Turner disposed of 10,000 ordinary shares in the FTSE 100-listed firm on Tuesday.

26 Feb
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Metro Bank drops on announcement of £350m share sale

Metro Bank's shares dived late on Tuesday after the challenger bank announced plans to raise £350m through a new share sale to fix the shortfall on its balance sheet.

26 Feb
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FTSE 250 movers: Housebuilders and retailers climb on Brexit optimism

London's FTSE 250 was up 0. 3% in afternoon trading on Tuesday, as a collective surge from housebuilders propelled the index higher.

26 Feb
caterpillar
Caterpillar hit with double-downgrade by analysts at UBS

Caterpillar shares fell at the open following a double-downgrade to 'sell' by analysts over at UBS.

26 Feb
direct line
Direct Line appoints Penny James as new CEO

Direct Line Insurance Group announced “delightedly” on Tuesday that it has appointed Penny James as the new CEO.

26 Feb
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Shareholders approve China Medical Systems investment in Midatech

Midatech Pharma confirmed on Tuesday that, following shareholder approval of the strategic investment by China Medical Systems (CMS) and A&B Hong Kong, the licence agreement entered into between itself and CMS was now formally in force.

26 Feb
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ViiV Healthcare to collaborate with Dutch university medical center

GlaxoSmithKline owned ViiV Healthcare announced on Tuesday a new five-year collaboration with Radboud university medical center in The Netherlands to identify new drug targets for HIV.

26 Feb
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FTSE 100 movers: Fresnillo loses its shine but Persimmon fights back

London's FTSE 100 was down 0. 2% at 7,166. 26, with sterling on the rise as investors grew hopeful that a no deal Brexit will be avoided.

26 Feb
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Tekmar Group signs £3m contract at existing wind farm

Subsea cable, umbilical and flexible pipe protection technology provider Tekmar Group announced on Tuesday that Tekmar Energy had signed a remedial contract worth around £3m for execution over the next six months.

26 Feb
BT Sport, telecoms, TV
Berenberg drops BT to 'hold' on dividend concerns

Analysts at Berenberg downgraded UK telecoms giant BT to 'hold' on Tuesday as it questioned whether the group's normalised free cash flow would be enough for it to meet its strategic targets while maintaining its dividend payout.

26 Feb
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Novacyt trading in line as it seeks fresh funding

Clinical diagnostics specialist Novacyt updated the market on its current position and funding plans on Tuesday, confirming that 2019 trading had started positively and was in line with 2019 management expectations.

26 Feb
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Ormonde pleased with recent progress at Barruecopardo

Ormonde updated the market on the construction and commissioning of the Barruecopardo Tungsten Project in Salamanca, Spain on Tuesday, where it held a 30% interest, reporting that open pit mining of surface tungsten ore zones began in January.