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06 Jun
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Contactless payments continue to outweigh cash spending

The popularity of contactless payments rose in the UK last year, while the use of cash continued to decline.

06 Jun
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Ofcom boss quits to become first female chair of John Lewis

The John Lewis Partnership has named Ofcom boss Sharon White chairman, the first woman to hold the role.

06 Jun
City workers
US initial jobless claims flat

The number of Americans filing for unemployment benefits last week was steady, according to figures released by the Labor Department on Thursday.

06 Jun
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First Property's profits dip after major client loss

First Property Group on Thursday reported a double-digit reduction in both annual profits and revenue after the departure of a major client.

06 Jun
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Thursday broker round-up

EI Group: Berenberg downgrades to hold with a target price of 220p.

06 Jun
federal reserve
Asia report: Markets mixed as China struggles amid rate cut optimism

Asian markets were mixed on Thursday as Chinese indices struggled for gains as other markets gained on investor optimism that the US Federal Reserve will cut interest rates.

06 Jun
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US pre-open: Futures pointing to another positive session on the Street

Stock futures were pointing to yet another positive open on Thursday, with investors seemingly hopeful that an interest rate cut from the Federal Reserve was imminent.

06 Jun
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Ford to close Welsh engine plant

US car giant Ford Motor Co is to close its factory in South Wales, with the loss of around 1,700 jobs.

06 Jun
Mitchells & Butlers shares 'cheap as chips', says Berenberg

Mitchells & Butlers shares are "cheap as chips", Berenberg said on Thursday as it bumped up its stance on the stock to buy' from 'hold' and lifted the price target to 360p from 265p.

06 Jun
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ECB says rates on hold 'at least' through first half of 2020

The European Central Bank pushed back on expectations for the first hike in official short-term interest rates, saying they would remain at their present level "at least" through the front half of 2020.

06 Jun
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Eurozone economy boosted by household spending

The eurozone economy continued to grow in the first quarter of the year, official data showed on Thursday, fuelled in part by strong household spending.

06 Jun
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Europe midday: Stocks extend gains on hopes for central bank easing

Stock markets across the Continent are moving higher despite the ongoing trade frictions around the world, with investors at least in part apparently pinning their hopes on the prospect for easier policy from central banks as the waited for the European Central Bank's policy announcement later in the day.

06 Jun
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London midday: Stocks extend gains ahead of ECB announcement

London stocks had extended gains by midday on Thursday as investors eyed the latest policy announcement from the European Central Bank, with strong performances from the likes of Rolls-Royce, Aviva and Go-Ahead providing a boost.

06 Jun
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Trump needs more progress to avert Mexico tariffs, worries

Trump said on Wednesday that he needs to see more progress in talks between the US and Mexico before walking back on his threat to slap tariffs on up to 25% of all Mexican imports.

06 Jun
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Xpediator reshuffles boardroom

Freight management firm Xpediator switched up its executive team on Thursday, with a number of key board members changing places.

06 Jun
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Auto Trader reports double-digit profit growth despite market uncertainty

Auto Trader Group hiked its dividend on Thursday as it reported an acceleration in its annual profit and revenue growth, with the board adding that it remains confident of meeting current year expectations despite "continued market uncertainty".

06 Jun
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BoE governor calls for closer cross-border cooperation

The Governor of the Bank of England has called on emerging and advanced economies to work together more closely to reduce volatility in cross-border investing.

06 Jun
standard life aberdeen sla
Standard Life Aberdeen mulling £30m swoop for Grant Thornton's IFA business

Standard Life Aberdeen (SLA) is in talks over an acquisition of Grant Thornton's wealth advisory business for around £30m, according to a report from Sky News.

06 Jun
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Joules guides towards upper end of expectations for profits

Lifestyle brand Joules anticipates full-year profits will come in at the upper end of expectations after witnessing the continued expansion of its brand across channels and markets.

06 Jun
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Autins warns on earnings as margin recovery stalls

Insulation solutions group Autins told investors on Thursday that it had continued to witness positive momentum in the first half of its trading year despite "challenging trading conditions", but pushed back on expectations for a recovery in margins, sending its shares sharply lower.