Vodafone looks to woo business as it switches on 5G network July 3, 2019 Vodafone today switched on its 5G network in seven cities across the UK, rolling out a new range of plans in a bid to attract business customers. Vodafone is the second mobile provider to roll out the high-speed network in the UK, following EE’s launch at the end of May. Read more: Vodafone taps up [...]
Taylor Wimpey shares dip as costs weigh on property giant April 25, 2019 FTSE 100 developer Taylor Wimpey posted a record sales rate this morning, but higher building costs weighed on the property giant's profit margins. Taylor Wimpey’s share price dipped more than five per cent in early morning trading, with the firm revealing it had seen a bigger-than-expected rise in costs in the first few months of [...]
EU stocks open up positive after election results allay investor fears May 27, 2019 The European stock market enjoyed a positive open this morning after EU election results failed to show a surge in populist right-wing parties. Euro Stoxx is up 0.30 per cent at the time of writing, while the FTSE has enjoyed a 0.65 per cent bounce. The French Cac and German Dax are up 0.17 per [...]
Housebuilders lead the way as FTSE climbs to four-week highs January 9, 2019 The FTSE 100 has climbed one per cent in early trading as US-China trade talks and a housebuilder boost continued the index’s bright start to the year. The blue chip index has now risen 2.6 per cent so far this year as the third day of trade negotiations between the world’s two largest economies further [...]
Sterling hits new two-year low as no-deal Brexit risk jumps July 16, 2019 The pound tumbled to fresh two-year lows against the dollar today after the two candidates to replace Theresa May pledged to abandon the controversial Northern Ireland backstop proposals, ramping up the chances of a no-deal Brexit. Read more: Amber Rudd: I won’t lie down in front of bulldozers to stop no-deal Brexit Boris Johnson and [...]
‘Saddened and shocked’: Bytes Technology launches probe into 100 secret dealings of former chief March 18, 2024 Software firm Bytes Group has said it expects profit growth to surpass 12 per cent in its full year earnings update.
High-yielding BP shares chased higher after results July 30, 2019 It’s a great income stock, and these numbers justify investor interest, writes our head of markets. BP’s (LSE:BP.) strategy is a marathon, not a sprint, and this latest update for the second quarter and half-year shows that the company remains reassuringly on track. Underlying replacement cost profit was strongly ahead compared to the previous quarter and [...]
Markets roundup: Pound sterling rally hasn’t stopped the FTSE 100 from closing up January 26, 2018 London’s blue-chip index closed higher today despite a rally in the pound. The FTSE 100 index closed 0.6 per cent higher at 7,660.92 points. Meanwhile, the pound, which hit post-Brexit record highs week, got an extra boost against the dollar after UK GDP figures came in above expectations. The UK’s economy grew 0.5 per cent [...]
HSBC to hire Morgan Stanley after cutting broking ties with Goldman Sachs June 4, 2019 Banking giant HSBC is set to hire Morgan Stanley as joint corporate brokers to replace rivals Goldman Sachs. Europe’s largest lender has cut ties with Goldman Sachs in favour of rival US investment bank Morgan Stanley following a review by new chief financial officer Ewen Stevenson, Sky News reported. Goldman Sachs steered Europe’s largest lender [...]
Biffa eyes ‘steady recovery’ as revenues start to come back July 16, 2020 Waste management firm Biffa said it was seeing a “steady recovery” in demand for its services, with revenues last month recovering to 83 per cent of pre-coronavirus levels. In a trading update, the FTSE 250 firm said that its business had performed “slightly” better than expected over the last three months. However, it warned that [...]