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Latest News
05 Sep
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CYBG receives 'unprecedented volumes' of PPI information requests

CYBG, the owner of Clydesdale Bank, Yorkshire Bank and Virgin Money, said on Wednesday that it received "unprecedented volumes" of information requests ahead of the payment protection insurance complaints deadline.

05 Sep
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UK's Javid accused of 'grubby electioneering' over spending review

British finance minister Sajid Javid was accused of “grubby electioneering” on Wednesday as he unveiled a one-year spending review for the first year outside membership of the EU.

04 Sep
Johnson loses bid to call general election

UK MPs rejected Boris Johnson's call for an early general election as the prime minister faced more humbling defeats in parliament on Wednesday.

04 Sep
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EU's Malmstrom says US car tariffs unjustified

European Trade Commissioner Cecilia Malmstrom said cars made in the EU don’t pose a threat to US national security and shouldn’t be the target of American tariffs.

04 Sep
new york stock exchange, nyse, markets, wall street, us. photo: grant wickes
US close: Stocks close higher following solid Chinese data

Wall Street stocks closed higher on Wednesday after a report revealed that China's services sector expanded at its fastest pace in three months in August and a controversial bill that led to recent tensions in Hong Kong was withdrawn.

04 Sep
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Thursday preview: US ADP jobs report, Melrose in the spotlight

The market spotlight on Thursday will shift back towards the US labour market.

04 Sep
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Europe close: Investors breath sigh of relief as political tensions ease

European stock markets welcomed the latest political developments in the UK and Italy, the withdrawal of a controversial extradition bill in Hong Kong and news of fresh stimulus in China.

04 Sep
city london londres
London close: Stocks rise as HK worries recede; sterling gains on Brexit delay hopes

London stocks rose on Wednesday, with Asia-focused Prudential and Standard Chartered lending support as worries about unrest in Hong Kong receded, while sterling rallied amid hopes that a no-deal Brexit can be avoided.

04 Sep
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Broker tips: RBS, Anglo American, BHP, Kainos

Analysts at Berenberg lowered their target price on retail bank The Royal Bank of Scotland from 340p to 280p on Wednesday after management conceded that the lender was now unlikely to achieve a 12. 0% return on tangible equity by 2020.

04 Sep
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Canaccord lowers target price on Kainos following recent share price weakness

Analysts at Canaccord Genuity reiterated their 'buy' recommendation for the shares of Belfast-based software manufacturer Kainos on Wednesday, stating that recent weakness in the group's shares appeared to be the result of investor concerns about government spending.

04 Sep
mark carney governor bank of england
Bank of England scales back estimates for disorderly Brexit

The Bank of England has dialled back on its estimates for the worst case scenario for Brexit on the back of the preparations made by businesses since the end of 2018.

04 Sep
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Inspired Energy profit rockets after corporate division revenues leap

Inspired Energy on Wednesday reported a jump in interim profit after its corporate division delivered record revenues.

04 Sep
wall street
US open: Solid Chinese data and withdrawal of controversial Hong Kong bill boost sentiment

Stocks on Wall Street opened higher on Wednesday after a report revealed that China's services sector expanded at its fastest pace in three months in August and a controversial bill that led to recent tensions in Hong Kong was withdrawn.

04 Sep
metro bank vernon hill
FTSE 250 movers: Metro Bank chugs higher, Kainos falls

London's FTSE 250 was down 0. 82% at 19,624. 51 in afternoon trading on Wednesday, with Metro Bank leading the index higher.

04 Sep
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Director dealings: Inchcape CFO makes share purchase

Inchcape revealed on Wednesday that newly minted chief financial officer Gijsbert de Zoeten had acquired 17,500 ordinary shares in the FTSE 250-listed automotive distributor.

04 Sep
standard chartered, stanchart, stan
FTSE 100 movers: StanChart and Prudential rally on HK news; Barratt drops

London's FTSE 100 was up 0. 4% at 7,300. 34 in afternoon trade on Wednesday as investors digested all the latest Brexit shenanigans.

04 Sep
giuseppe-conte-peine-a-former-son-gouvernement-en-italie
New Italian coalition government between M5S and PD sworn in on Thursday

Cabinet members from the new coalition government just formed in Italy between the anti-establishment Five Star Movement and the centre-left Democratic Party will be sworn in on Thursday at 0900 BST.

04 Sep
rbs_corporate
Berenberg lowers target price for RBS

Analysts at Berenberg lowered their target price on retail bank The Royal Bank of Scotland from 340. 0p to 280. 0p on Wednesday after management conceded that the lender was now unlikely to achieve a 12. 0% return on tangible equity by 2020.

04 Sep
bentley
Cambria Automobiles trades 'significantly ahead' of prior year

Luxury car dealer Cambria Automobiles told investors on Wednesday that trading over the first eleven months of the year had been "significantly ahead" of the prior year.

04 Sep
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US trade deficit shrinks in August led by weaker demand for computers

America's shortfall in trade with the rest of the world narrowed in July, albeit due in part to weaker import demand.