HSBC and Barclays shares plummet as tariff woes hit FTSE 100 April 3, 2025 Shares in Britain’s top lenders plunged into the red during early trading on Thursday as Trump’s tariff announcement hit London markets. Europe’s biggest lender HSBC was down over five per cent, with Barclays seeing a more than four per cent drop. Standard Chartered was the FTSE 100’s top faller, as the bank’s stock sank over [...]
FTSE 100 pharma giants GSK and Astrazeneca appear to swerve Trump tariffs April 3, 2025 FTSE 100 pharma giants GSK and Astrazeneca may have escaped the worst of US President Donald Trump’s tariffs, according to a City broker. Pharmaceutical goods appear to be exempt from higher-rate tariffs introduced by President Trump in his Rose Garden ‘Liberation Day’ address on Wednesday, but there is still uncertainty about the impact on the [...]
Currys upgrades outlook as sales outperform April 3, 2025 High sales growth at Currys has led the electrical retailer to increase its expected profit for the full year. Its share price rose more than 10 per cent in early trades. The company told markets this morning that adjusted profit before tax is now expected to be around £160m, versus previous guidance of £145m to [...]
Raspberry Pi shares rally despite profit drop in first annual results since IPO April 2, 2025 Raspberry Pi shares soared as the tech firm posted its hotly-anticipated annual results – the first since its IPO last year. The FTSE 250 company recorded a 57 per cent fall in pre-tax profit to just $16.3m (£12.6m) in 2024, driven by inventory issues. Despite this, shares rallied as much as 10 per cent in [...]
FTSE 100 close: ‘Trouble ahead’ as markets brace for Trump’s ‘Liberation Day’ April 2, 2025 The FTSE 100 joined European markets back in the red on Wednesday, as investors braced for Trump’s forthcoming tariff announcement. The UK’s flagship index closed at 8,608.48p, marking a 0.3 per cent dip. Rolls-Royce lost over three per cent, making it the index’s top faller. Vodafone and GSK also saw losses of around 2.5 per [...]
FTSE 100 close: Rolls Royce leads rebound as US markets bounce back ahead of new tariffs April 1, 2025 European and US markets welcomed calmer waters on Tuesday after swimming in a sea of red on Monday. The FTSE 100 sharply rose in early trading before consolidating gains. The index closed up 0.6 per cent, led by Rolls Royce, which surged over four per cent and over 2.5 per cent rise in insurance provider [...]
Close Brothers shares fluctuate as motor finance hearing kicks off April 1, 2025 Shares in FTSE 250 lender Close Brothers were volatile during early trading on Tuesday as the first day of the motor finance hearing kicked off. The bank was one of the FTSE’s top fallers as markets opened after it suffered a downgrade from City broker Peel Hunt. The broker said the “extent” of guidance downgrades [...]
Peel Hunt shares edge up as City broker cuts costs to reduce losses April 1, 2025 Shares in City broker Peel Hunt edged higher in early trades this morning after the company issued a positive trading update. The company said it anticipated revenue of £90m for the year ending 31 March 2025, an increase of five per cent from the previous year. The investment bank reported revenue of £85.5m in fiscal [...]
FTSE close: Trump triggers global market sell-off ahead of ‘Liberation Day’ March 31, 2025 Investors across the globe braced for Trump’s ‘Liberation Day’ on April 2 as they hastily retreated from stock markets. Trump will unveil a new set of tariffs on Wednesday, including a 25 per cent levy slapped on all automotive imports in the US, which has already been confirmed. The tariffs, which the President said are [...]
FTSE and Europe in the red as US markets open on a downturn March 31, 2025 The latest escalation in Trump’s trade war painted global markets red on Monday. This new headache came ahead of Trump’s so-called ‘Liberation Day’ on April 2, which has investors bracing for a broad set of fresh tariffs. The President will slap 25 per cent tariffs on all automotive imports in the US from Wednesday, with [...]