News

LONDON BROKER RATINGS: Deutsche keeps AJ Bell and Man Group at 'buy'
Deutsche Bank Research raises AJ Bell price target to 540 (520) pence - 'buy' Deutsche Bank Research cuts Petershill Partners price target to 265 (270) pence - 'hold' Deutsche Bank Research cuts Man ...
Sainsbury sales beat forecast as market share hits near decade high
By segment, Sainsbury’s sales growth was 4.9% year-on-year versus consensus of 3.7%, including Grocery sales growth of 5.0% on-year ahead of 3.8% consensus and General Merchandise & Clothing sales ...
LONDON MARKET OPEN: London green ahead of vote on Labour welfare cuts
The pound was quoted higher at USD1.3754 early on Tuesday in London, compared to USD1.3701 at the equities close on Monday. The euro also stood higher, at USD1.1782 against USD1.1747. Against the yen, ...
Average UK house price dipped by 0.8% on-month in June — Nationwide
(Alliance News) - The average UK house price dipped by 0.8% month-on-month in June, according to an index. Across the UK, the typical property value in June was GBP271,619, Nationwide Building Society ...
London pre-open: Stocks seen flat; shop price inflation returns, house price growth slows
London stocks were set for a flat open on Tuesday despite a record close on Wall Street, as investors digested the latest house price and shop price inflation data. The FTSE 100 was called to open ...
London open: Stocks gain as tariff worries ease; Sainsbury's rallies after update
This was the first time in nearly a year that headline shop prices recorded year-on-year growth, according to BRC chief executive Helen Dickinson, who linked the return to inflation to the increased ...
LONDON BRIEFING: SSE and National Grid mull new Ofgem investment plan
In early corporate news, Drax taps a former Shell vice president as its new chief financial officer, and energy firms SSE and National Grid respond to a planned investment programme by UK energy ...
Bid to mitigate post-Brexit EU food labelling law hit by hold-up
The rare procedural hold-up comes amid ongoing disquiet over the operation of post-Brexit trading arrangements between Northern Ireland and the rest of the UK and concerns the region continues to ...
LONDON MARKET EARLY CALL: FTSE 100 called green as shop prices improve
(Alliance News) - London's FTSE 100 is set to open higher on Tuesday, as new data shows a boost in UK shop prices in June and the US looks to resume trade talks with Canada. IG says futures indicate ...
BT Openreach expands fibre broadband rollout to 21 new locations
(Alliance News) - BT Group PLC subsidiary Openreach has added a further 21 locations to its full fibre broadband rollout as part of a plan to connect up to five million more UK homes and businesses by ...
Irish manufacturing activity growth hits highest level since May 2022
The latest reading marked the sixth consecutive month of expansion, hitting the highest level recorded since May 2022. David McNamara, AIB chief economist, said: "The rise in June was broad-based, ...
EARNINGS: S-Ventures loss narrows; Deltic Energy loss balloons
The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: S-Ventures PLC - London-based company that invests in brands across ...