Latest News
British American Tobacco reassures over vaping products
British American Tobacco issued a statement on Monday insisting that its vaping products do not contain vitamin E acetate or tetrahydrocannabinol (THC), both of which have been linked to respiratory illnesses associated with vaping.
Lloyds lifts PPI provisions to £1.2 - £1.8bn; suspends buyback
Lloyds Bank said it was increasing provision for payment protection insurance (PPI) to £1. 2bn - £1. 8bn in its third quarter and suspending its share buyback programme after a higher-than-expected spike in claims ahead of the August deadline.
Varadkar warns Johnson no-deal Brexit will still require EU talks later
Irish Taoiseach Leo Varadkar on Monday warned his British counterpart Boris Johnson that a no-deal Brexit would still require him to negotiate an agreement on the future relationship with the EU.
Europe midday: Markets mixed as investors await ECB stimulus
European stocks were mixed at lunchtime on Monday as investors looked ahead to the European Central Bank's policy decision scheduled for later in the week amid expectations of further stimulus.
British Airways grounds all planes amid two-day pilots' strike
British Airways took the unprecedented decision to ground almost all of its flights amid a two-day strike by its pilots, blaming pilots' union Balpa for not informing it ahead of time of which pilots were planning to strike.
RBC Capital starts Spire Healthcare at 'outperform'
RBC Capital Markets initiated coverage of shares of private healthcare provider Spire Healthcare at 'outperform' with a 149p price target on Monday, ahead of the company's first-half results next week.
Air France-KLM tumbles on reported interest in Aigle Azur
Air France-KLM shares fell sharply on Monday amid reports suggesting that it might be set to table a bid for struggling regional carrier Aigle Azur even as the company warned of the toll that softer economic conditions were taking on its own business.
Recession fears ease as UK GDP beats expectations in July
The UK economy grew more than expected in July, according to figures released by the Office for National Statistics on Monday, easing concerns that the country might be on track for a recession.
Asia report: Markets mixed as Chinese exports fall
Asian markets were mixed on Monday as Chinese customs data showed that the superpower's exports fell unexpectedly in August, offset by news of fresh monetary stimulus in the region's largest economy.
US pre-open: Stocks set for higher start on talk of Chinese peace proposal
Stocks futures were pointing to a slightly higher open on Monday amid a report of a "peace proposal" from Beijing on trade and positive-sounding headlines around Brexit.
Intu Properties surges on report of private equity interest
Shares of shopping centre owner Intu Properties surged on Monday following a report over the weekend that private equity firm Orion Capital Managers is considering a buyout.
Berenberg ups Entertainment One price target, considers potential counterbid
Berenberg downgraded its stance on Peppa Pig owner Entertainment One to 'hold' from 'buy' on Monday as it lifted the price target to 572p from 475p to account for a 20% chance of a potential "left field" counterbid to Hasbro at 10% above the current price.
AB Foods warns strong dollar will hit Primark margins
Associated British Foods warned that profit margins at its Primark unit would be lower in the next financial year as the company maintained current year forecasts.
Johnson in Dublin for Brexit talks amid Cabinet crisis
British Prime Minister Boris Johnson was set to meet his Irish counterpart in Dublin on Monday for talks on the Northern Ireland backstop after a weekend that saw Work & Pensions Secretary Amber Rudd resign in protest over his handling of Brexit.
Europe open: Markets mixed as investors eye ECB meeting
European stocks were mixed in early trading on Monday as investors looked ahead to this week's European Central Bank meeting amid expectations of more stimulus.
German trade surplus widens in July
The German trade surplus widened in July as exports unexpectedly rose, according to data released by Destatis on Monday.
London open: Stocks rise on positive Asian cues; LLoyds bucks trend
London stocks rose in early trade on Monday, taking their cue from a positive session in Asia as investors eyed the release of UK economic growth data.
Eddie Stobart Logistics receives takeover interest from shareholder DBAY
Eddie Stobart Logistics confirmed on Monday that it has received a preliminary expression of interest from DBAY Advisors Limited, which already owns a 10. 1% stake in the company.
London pre-open: Stocks seen up on positive Asian cues
London stocks were set for a firmer open on Monday, taking their cue from a positive session in Asia as investors eyed a slew of UK data releases.
Monday newspaper round-up: Brexit, Morrisons, Nissan, National Grid
Britain will plunge into its first recession in a decade should the government quit the European Union without a deal, according to the latest in a string of gloomy forecasts about the UK’s fortunes outside the EU’s free trade area. Eonomists at the accountancy firm KPMG said that the knock-on effects to Britain’s trade and business confidence of a no-deal Brexit would lead to the economy shrinking by 1. 5% next year. – Guardian.