Next set to reveal profit increases amidst tariff uncertainty May 3, 2025 Next is expected to post rising profits next week despite a string of costs increases hitting retailers and broader concerns about UK consumer confidence. The retail giant will reveal its first quarter results on May 8, hot on the heels of profits of more than £1bn last year. Next, which has more than 450 stores [...]
Jaguar Land Rover reboots US car exports despite tariff woes May 3, 2025 Jaguar Land Rover has begun sending cars to the US again after halting shipping on the back of President Donald Trump’s trade war. The first batch of vehicles headed to the US in nearly a month shipped out from the UK on Wednesday, as first reported by The Times. The British firm paused deliveries across [...]
FTSE 100 on track for longest winning streak ever May 2, 2025 The FTSE 100 is set to net its longest winning run ever as it recovers from the tariff-induced market chaos of April. Should the UK’s flagship index continue its morning rally and close in the green on Friday for the 15th consecutive trading session, it will beat the current record of 14 days achieved in [...]
Standard Chartered shares rise as wealth arm booms after market unrest May 2, 2025 Standard Chartered shares edged up after the firm smashed profit expectations in the first quarter, but warned of the upcoming impact of geopolitical tensions. The bank’s stock rose nearly one per cent during early trading on Friday. The FTSE 100 lender booked $2.1bn (£1.6bn) in pre-tax profit, up from $1.9bn in the same period last [...]
Shell: FTSE 100 giant’s shares rise after unveiling buyback and profit hit May 2, 2025 Shell recorded a sharp fall in first-quarter profits on Friday, after crude oil priced weakened amid geopolitical uncertainty. The FTSE 100 oil giant recorded adjusted earnings of $5.58bn (£4.2bn) for the first three months of the year. Whilst this surpassed analyst expectations of $4.96, it marked a stark fall from the $7.73bn reported for the [...]
Natwest shares jump as stamp duty rush and market chaos boost income May 2, 2025 Natwest beat analysts’ first-quarter profit expectations after market volatility and a rush to beat stamp duty boosted takings. The FTSE 100 giant booked a £1.8bn pre-tax profit, surpassing the £1.6bn pencilled in by analysts. Shares in the lender rose over three per cent during early trading on Friday. Total income rose 3.8 per cent to [...]
Bank of America analysts slap ‘buy’ rating on Barclays shares May 1, 2025 Bank of America analysts gushed over Barclays’ first-quarter performance, reiterating their ‘buy’ rating on the stock. Analysts said that while geopolitical-related concerns ahead of results were understandable, the lender “printed a strong set of numbers”. The FTSE 100 bank booked a £2.7bn pre-tax profit, ahead of the £2.5bn pencilled in. This was boosted by income [...]
Clarkson: Shares in shipbroker plummet after tariff profit warning May 1, 2025 Shares in Clarkson plummeted on Thursday after the shipbroker lowered its annual profit forecast, citing the impact of US tariffs. Underlying pre-tax profit is expected to fall in the range of £85m to £95m, down 18 per cent from prior full-year guidance. The stock was down around 11 per cent in early trading. Clarkson cited [...]
FTSE 100 continues longest winning streak since 2017 April 30, 2025 The FTSE 100 is on track for another strong day after 12 days of positive performance, marking its best winning streak since 2017 amid a calming of investor nerves over an erratic US tariff policy. London’s main index has had a positive performance every day since 10 April, and is currently up 0.12 per cent [...]
GSK shares rise as FTSE 100 giant ‘well positioned’ for pharma tariffs April 30, 2025 British drugmaker GSK insisted it was “well positioned” to respond to the impact of sector-specific tariffs amid widespread speculation President Donald Trump is set to target pharmaceutical imports with his tariff agenda. Trump voiced his desire to slap tariffs on pharma products in the “not too distant future”. He previously said: “We don’t make our [...]