UK private sector stays in decline as tariffs weigh on export orders

The UK private sector economy remained in decline in May, amid manufacturing sector weakness, numbers on Thursday showed.

The S&P Global flash composite purchasing managers’...

Thu, 22/05/2025 - 09:48


Mitchells & Butlers ‘in good shape’ as earnings climb in first half

Mitchells & Butlers PLC on Thursday said it expects profit to be at the top end of the current consensus for this financial year, as...

Thu, 22/05/2025 - 09:40


ConvaTec gets revenue growth as remains on track for full-year targets

ConvaTec Group PLC on Thursday reported a rise in revenue during the first four months of 2025, and said it remained on track to deliver...

Thu, 22/05/2025 - 09:37


LONDON BROKER RATINGS: Jefferies raises M&S but cuts J Sainsbury

The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

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FTSE 100

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Citigroup raises Kingfisher price target to 300 (249) pence - ’neutral’

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Berenberg raises Marks...

Thu, 22/05/2025 - 09:33


Scottish Mortgage Investment Trust rides AI boom to outperformance

Scottish Mortgage Investment Trust PLC on Thursday said it beat its comparison index in its recent financial year, having underperformed the year before, citing ‘advances...

Thu, 22/05/2025 - 09:31


Reporting capital gains tax for 2024/25? Make sure you’re not caught out

Chancellor Rachel Reeves increased the main rates of capital gains tax (CGT) to 18% and 24% in her maiden budget on 30 October 2024. The...

Thu, 22/05/2025 - 09:26


easyJet loss widens on increased costs as passenger numbers rise

easyJet PLC on Thursday said its loss widened in the first half of its current financial year despite passenger revenue and numbers climbing, as costs...

Thu, 22/05/2025 - 09:19


Early market roundup: European stocks down after New York sell-off

European stocks were in the doldrums on Thursday morning, after shares in New York tumbled, unnerved by fiscal concerns in the US.

The FTSE 100...

Thu, 22/05/2025 - 09:07


BT predicts further Openreach broadband decline amid modest sales dip

BT Group PLC on Thursday said revenue was held back by lower international sales in competitive markets although cost control meant earnings nudged higher.

In response,...

Thu, 22/05/2025 - 08:58


Rio Tinto seeks new CEO as Jakob Stausholm to step down later in 2025

Rio Tinto PLC on Thursday said Jakob Stausholm will step down as chief executive ‘later this year’, following the end of a succession process.

Stausholm joined...

Thu, 22/05/2025 - 08:32


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