FTSE 100 boosted by US inflation print and watering down of banking rules Markets London markets received a boost on Thursday morning following a strong performance from US stocks and the Bank of England watering down proposals for new bank capital rules.
IG Group: August’s market meltdown boosts revenue Markets IG Group has reported a jump in quarterly revenue after a worldwide meltdown in financial markets last month gave its clients more opportunities to trade.
Kier Group boss ‘confident’ of more dividends as order book nears £11bn Business Kier Group shares have performed exceptionally over the last year, rising over 40 per cent amid strong orders.
Trainline: FTSE 250 firm hikes guidance as impact of UK rail strikes falls September 12, 2024 The FTSE 250 online retailer raked in just over £3bn in sales in the six months ended August 31, up 14 per cent year-on-year.
Burberry: How low will ‘lost’ luxury fashion label’s shares go after FTSE 100 relegation? September 11, 2024 Burberry’s share price just keeps dropping and the decline is has shown almost no signs of slowing down for more than a year. It hit a 15-year low of 565p this week, after reaching a 14-year low in July, after hitting an all-time high of £2,690p last April. It is set to drop out of [...]
Deliveroo shares hop to two-year high as it aims for upmarket move September 11, 2024 Deliveroo shares bounded to a two-year high on Wednesday after the food delivery company announced plans to switch the category of its stock listing, in a move that could attract a wave of new investors. The company is proposing to move its shares from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) [...]
Trustpilot shares jump on earnings beat and £20m buyback September 11, 2024 Shares in Trustpilot have jumped after the global review platform reported higher-than-expected earnings for the first half of 2024 and unveiled a new share buyback. The FTSE 250 firm gained as much as 9.3 per cent in early trading on Wednesday. Its stock price has surged 157 per cent over the last 12 months. Trustpilot [...]
Gamma Communications eyes move from AIM to FTSE 250 September 10, 2024 Gamma Communications, the UK-based business call services provider, is considering a move to the London Stock Exchange’s Main Market following a strong set of interim results which could potentially see the company moving from AIM to the FTSE 250 Index. Shares in Gamma surged by as much as 10 per cent in early trading on [...]
Eurowag: Trucking services firm’s shares jump on higher revenue while profit slides September 5, 2024 Eurowag has reported a jump in revenue for the first half of 2024, while the FTSE 250 trucking services group's profit slid and it said it still had no plans to pay a dividend three years after listing in London.
Enquest ‘disappointed’ with windfall tax plans as revenue dips September 5, 2024 North Sea energy firm Enquest has said it was “disappointed” with the ongoing application of the Energy Profit Energy as it reported falls in production and revenue. Enquest, which is one of the largest operators in the North Sea and is currently drilling the single largest oil field in the area, reported a 19.8 per [...]