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UK retail sales start new year on back foot
UK retail sales growth slowed last month, industry data showed on Tuesday, as the festive boost faded.
London close: Stocks fall as investors recalibrate rate hike expectations
London stocks were knocked lower on Monday by the prospect of further rates hikes from the Federal Reserve and as Sino-US tensions dented sentiment.
Europe close: Stocks slip as investors mull outlook for interest rates
European shares were mostly lower at the start of the week after the previous Friday's US payrolls data sparked worries about a longer timetable for interest rate rises, while tensions between Washington and Beijing were heightened after a Chinese surveillance balloon was shot down in American airspace.
Broker tips: Virgin Money UK, Taylor Wimpey, On the Beach
Analysts at Berenberg raised their target price on lender Virgin Money UK from 170. 0p to 195. 0p on Monday but cautioned that "relative challenges" may worsen.
Director dealings: Cambridge Cognition CEO makes share purchase
Cambridge Cognition revealed on Monday that chief executive Matthew Stork had acquired 13,500 ordinary shares in the AIM-listed technology company.
Tuesday preview: Fed's Powell, BP in the spotlight
The market spotlight on Tuesday was expected to be firmly on an interview of Federal Reserve chairman, Jerome Powell, and what insights he might provide on the future path of monetary policy, especially following the surge in non-farm payrolls reported just four days before.
FTSE 100 movers: Ocado, Hargreaves in the red
London’s FTSE 100 was down 0. 9% at 7,830. 10 in afternoon trade on Monday.
M&Co to shutter all 170 stores
Clothing retailer M&Co will close all 170 of its stores after falling into administration back in December, resulting in the loss of as many as 1,900 jobs.
FTSE 250 movers: Vesuvius craters, Plus500 scores on licence win
FTSE 250 (MCX) 20,371 -1. 08% at 1515 GMT.
US open: Stocks head south as investors await more earnings
Wall Street stocks were in the red early on Monday as traders prepped for another week jam-packed with earnings and comments from Federal Reserve chairman Jerome Powell.
Liberum downgrades Taylor Wimpey on valuation grounds
Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector.
Gousto cuts valuation after share sale - report
Meal kit delivery service Gousto has reportedly cut its valuation after raising tens of millions of pounds in additional funding to help see it through a volatile economic period.
Canaccord Genuity hikes price target for On the Beach
Analysts at Canaccord Genuity raised their target price on online holiday retailer On the Beach from 193. 0p to 248. 0p on Monday, stating the group's move to premium offerings was starting to "pay off".
Man City charged with financial rule breaches by Premier League
Britain's Premier League has charged Manchester City Football Club with more than 100 breaches of its financial rules after a four-year investigation.
Europe midday: Falls extend as US pops China's balloon, rate fears persist
European shares extended losses on Monday after Friday's US payrolls data sparked worries about a longer timetable for interest rate rises, while tensions between Washington and Beijing were heightened after a Chinese surveillance balloon was shot down in American airspace.
Barclays downgrades Virgin Money after strong share price performance
Barclays downgraded Virgin Money on Monday to ‘equalweight’ from ‘overweight’ following a strong share price performance over the last six months.
Family unveils plans to take Rothschild & Co private
The Rothschild family is planning on taking its Paris-listed investment bank Rothschild & Co private, it emerged on Monday.
US pre-open: Futures trade lower as traders brace for more earnings
Wall Street futures were in the red ahead of the open on Monday as traders prepped for another week jam-packed with earnings and comments from Federal Reserve chairman Jerome Powell.
Danaher said to be interested in Catalent, shares surge
US life sciences company Danaher Corp. has reportedly expressed takeover interest in contract manufacturer Catalent.
BMW in talks with UK government over £75m grant - report
Germany’s BMW is reportedly in talks with the British government about a £75m grant, which would secure production of electric Minis in the UK.