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Latest News
13 Jun
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Johnson tops Tory leadership first round; McVey, Leadsom out

Boris Johnson predictably topped the first round of the Conservative Party leadership contest on Thursday as the only two female candidates were eliminated.

13 Jun
opec meeting
Opec cuts demand forecast as global tensions hit home

The Organization of Petroleum Exporting Countries warned on Thursday that the increasingly bitter trade war between America and China is undermining the global economy, as it revised down its estimates for oil demand in 2019.

13 Jun
City workers
US jobless claims unexpectedly tick higher

The number of Americans filing for unemployment benefits unexpectedly rose last week, according to figures from the Labor Department.

13 Jun
SSE, energy, power, utilities
SSE to close last-remaining UK coal plant

SSE has announced the closure of its last remaining and loss-making UK coal-fired plant, Fiddler's Ferry in Warrington, Cheshire.

13 Jun
Go-Ahead, high speed rail, train, transport 125
Go-Ahead confirms extension to Southeastern rail franchise

Transport operator Go-Ahead has confirmed an extension of its Southeastern rail franchise.

13 Jun
Italy's Di Maio rules out fresh budget despite Brussels threat

Rome has ruled out passing another budget, despite facing formal sanction by Brussels for breaking European Union fiscal rules.

13 Jun
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Jackpot Joy owner JPJ to buy bingo software developer Gamesys

Jackpot Joy owner JPJ Group has agreed to buy bingo software developer Gamesys for around £490m.

13 Jun
Euro area industrial production dips in April, German output weakest

Output in the single currency bloc's industrial sector continued to be mired in the red in April, amid sharp declines in German and Dutch production.

13 Jun
Trump doesn't specify deadline for new tariffs on China

US President Donald Trump declined to set a deadline on Wednesday for the latest tariffs he is planning to impose on Chinese goods.

13 Jun
City watchdog slams disgraced RBS unit, defends decision to take no action

There was clear evidence a controversial Royal Bank of Scotland unit mistreated customers, the Financial Conduct Authority said on Tuesday – but reiterated it was unable to sanction the bank.

13 Jun
Asia report: Markets mixed as Trump enigmatic on new China tariffs

Asian markets were mixed and slightly subdued on Thursday as Donald Trump declined to set a deadline for new tariffs on Chinese goods and demonstrations in Hong Kong calmed down.

13 Jun
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Sajid Javid approves US extradition order for Julian Assange on spying charges

British Home Secretary Sajid Javid has signed the request for the extradition to the US of WikiLeaks founder Julian Assange where he will face charges of spying and computer hacking.

13 Jun
New York Stock Exchange, NYSE, markets, Wall Street. Photo: Herval
US pre-open: Stocks set to bounce after Trump foregoes deadline for new tariffs

Wall Street futures were pointing to gains at the open on Thursday as Donald Trump declined to set a deadline on slapping tariffs on a further $325bn-worth of Chinese imports.

13 Jun
Europe midday: Stocks hold onto gains despite tanker attacks in Gulf of Oman

European stocks are holding on to their slight gains on the back of a slightly more constructive tone from the White House overnight, despite reports of suspected attacks against two tankers in the Gulf of Oman.

13 Jun
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London midday: Ferguson paces the advance but gains limited amid Sino-US woes

London stocks were still in the green by midday on Thursday but gains were limited amid worries about Sino-US trade relations, with voting for Tory leadership hopefuls set to kick off.

13 Jun
ferguson wolseley
Jefferies stays at 'buy' on Ferguson, sees scope for extra cash and M&A

Analysts at Jefferies reiterated their 'buy' recommendation for shares of Ferguson on Thursday, highlighting the company's better-than-average growth prospects, inexpensive valuation and the possibility of higher returns to shareholders.

13 Jun
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Amazon extends collaboration with UK retailer Morrison

Amazon is extending its alliance with UK retailer Morrison to offer ‘same-day online grocery delivery’ service to more cities across Britain.

13 Jun
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Help to Buy lending to people already able to buy a home - NAO

Almost a third of all buyers who bought their home under Help to Buy could have purchased a property without government support, the National Audit Office has found.

13 Jun
hornby models toys
Hornby narrows losses as discounting comes to an end

Hornby's annual losses have narrowed as discounting at the model train maker comes to an end.

13 Jun
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NWF Group trades ahead of expectations following 'strong end to the year'

AIM-listed fuel, food and feed distributor NWF Group expects overall trading for the year ended 31 May to be above market expectations following a "strong end to the year".