Latest News
London close: Stocks finish weaker amid bond market spike
London stocks closed in the red on Friday, as a selloff in bond markets spooked investors.
Director dealings: Boohoo directors raises stake
Boohoo Group revealed on Friday that non-executive director Iain McDonald had acquired 100,000 ordinary shares in the London-listed retailer.
Weekly review
The FTSE 100 ended the week down 140. 59 points, closing at 6,483. 43 on Friday.
Broker tips: Howden Joinery, Entain, Johnson Service Group
Analysts at Canaccord Genuity raised their target price on building supplies retailer Howden Joinery from 710. 0p to 735. 0p on Friday, stating the strength of the group's business model evident in its performance.
Review calls on government to reform listings to help UK fintech thrive post-Brexit
A government-commissioned review called on the UK government to reform listings rules and visa applications to help fintech thrive.
Norwegian Air cancels remaining 88 jets in Airbus order
Norwegian Air cancelled all the 88 narrow-body jets that remained on order from Airbus, a spokesman for the company said on Friday.
No evidence yet of 'inflationary psychology', University of Michigan says
Consumer confidence in the US picked up a tad in late February, but middle-income families were not overly confident regarding the prospects for a quick rebound in the economy, findings from a key survey revealed.
FTSE 250 movers: Aston Martin loses ground; Pets at Home rallies
London’s FTSE 250 was down 1. 1% at 20,968. 76 in afternoon trade on Friday.
US open: Stocks head south as bond yields remain elevated
Wall Street stocks were in the red after the opening bell on Friday after the Nasdaq Composite recorded its worst session since October amid rising bond yields.
Sabien invests in hydrogen compressor firm Aeristech
Sabien Technology announced on Friday that it has invested £0. 1m in Aeristech, which manufactures power-dense compressors for use in hydrogen fuel cells.
Chicago PMI ticks lower in February
Economic activity in the Chicago area deteriorated more than expected in February, according to data released on Friday.
US pre-open: Futures mixed following yesterday's bond-fuelled rout
Wall Street futures were mixed ahead of the bell on Friday after the Nasdaq Composite recorded its worst session since October amid rising bond yields.
Universe Group chief executive to step down
Retail management, payment and systems technology company Universe Group announced on Friday that its chief executive officer Jeremy Lewis had decided to leave the group to pursue other opportunities outside of the public markets.
FTSE 100 movers: IAG flies higher; Rightmove retreats after results
London’s FTSE 100 was down 2% at 6,519. 20 in afternoon trade on Friday.
US personal incomes and spending surge as stimulus checks arrive
Americans splashed out at the start of 2020 as government stimulus checks began arriving in their mailboxes.
Panthera Resources sells investment in Anglo Saxony Mining
West Africa and India-focussed gold exploration and development company Panthera Resources announced the sale of its investment in Anglo Saxony Mining (ASM) for £1. 17m on Friday.
US carries out air strikes in Syria
President Joe Biden on Thursday ordered a US military air strike in eastern Syria against facilities that are backed by Iranian militia.
Cellular Goods stock surges 310% in early trading
Shares in cannabinoid company Cellular Goods, started trading on a high on Friday in its launch on the London Stock Exchange.
Friday broker round-up
Reckitt Benckiser: Credit Suisse reiterates outperform with a target price of 7,800p.
Eqtec agrees land purchase for Haverton Hill plant
Waste-to-energy gasification technology company Eqtec announced on Friday that its wholly-owned subsidiary Haverton WTV and Scott Bros. Enterprises have signed a conditional land purchase agreement relating to the land on which the proposed up-to-25 MWe Billingham waste gasification and power plant at Haverton Hill would be constructed.