Latest News
Direct Line rejects £3.3bn takeover proposal from Aviva, shares surge
Direct Line surged on Thursday after it rejected a £3. 3bn takeover proposal from Aviva.
UK consumer sentiment remains weak - BRC
UK consumer confidence remained largely unchanged following the Budget, a survey showed on Thursday, weighed down by ongoing concerns about the strength of the economy.
US close: Stocks lower as traders thumb over multiple data points
Wall Street closed lower on Wednesday as market participants digested a slew of economic data, including the Federal Reserve's preferred inflation gauge.
Europe close: Shares dip, French issues underperform with budget in focus
European shares finished a tad lower on Wednesday as the spectre of high US tariffs threatened by President-elect Donald Trump dampened sentiment and prompted warnings from central bankers of the impact on growth and inflation.
Director dealings: Easyjet director raises stake
Easyjet revealed on Wednesday that non-executive director David Robbie had acquired 7,404 ordinary shares in the London-listed budget airline.
London close: Stocks still positive after US inflation reading
London markets posted modest gains on Wednesday, following a key US inflation reading that showed relative stability in price rises in October.
US pending home sales increase 5.4pc in October
US pending home sales increased 5. 4% year-on-year in October, according to the National Association Realtors, the biggest monthly gain since May 2021, following a 2. 6% increase in September.
US open: Stocks mixed following data onslaught
Wall Street trading got off to a mixed start early on Wednesday as market participants digested a slew of economic data, including the Federal Reserve's preferred inflation gauge.
US personal incomes and spending beat forecasts in October
Americans continued to spend freely last month, amid a slight pick up in price pressures.
US economy grows 2.8pc in Q3
The Commerce Department revealed on Wednesday that the US economy expanded 2. 8% in the three months ended 30 September, in line with preliminary estimates, on the back of solid strong consumer spending and increased exports.
FTSE 100 movers: Vistry Group jumps on 'bid interest'; easyJet flies lower
London’s FTSE 100 was up 0. 2% at 8,274. 57 in afternoon trade on Wednesday.
Thursday preview: German and Spanish CPI data due out
Investor focus on Thursday will be on German and Spanish consumer price data for November.
RMT accepts pay offer, settles tube dispute with TfL
The Rail, Maritime and Transport (RMT) union said it had settled its long running pay dispute with London Underground, calling the result a “substantial victory”.
Botswana Diamonds drilling plans get environmental authorisation
Botswana Diamonds announced on Wednesday that it has received environmental authorisation from Botswana’s Ministry of Environment and Tourism to proceed with drilling two high-priority targets in the Kalahari region.
FCA fines former Wizz Air exec for secret trading
The Financial Conduct Authority said on Wednesday that it has fined András Sebők, former chief supply chain officer at Wizz Air, for trading company shares when he wasn’t allowed and failing to disclose his trades.
Prospex to start earning from Viura-1B well
European gas and power project investor Prospex Energy announced on Wednesday that production income from the Viura-1B development well was expected to start in early December.
Transense reports strong start to new financial year
Sensing and measurement systems specialist Transense Technologies announced a 48% increase in revenue for the first four months of its financial year in an update on Wednesday.
US jobless claims flat at 213,000
Americans lined up for unemployment benefits at a broadly flat pace in the week ended 23 November, according to the Labor Department.
US mortgage applications surge 6.3pc week-on-week
US mortgage applications surged 6. 3% in the week ended 22 November, according to the Mortgage Bankers Association of America, building on the prior week's 1. 7% increase.