Lower pay rises likely due to budget tax rises, Rachel Reeves admits

Tax rises in the budget are likely to hit workers in the pocket with lower pay rises, Rachel Reeves has admitted.

The UK chancellor acknowledged her...

Thu, 31/10/2024 - 09:33

TOP NEWS: Smith & Nephew cuts guidance due to headwinds in China

Smith & Nephew PLC on Thursday reduced its full-year outlook, following reduced demand in China during the third quarter of 2024.

The Watford, England-based medical...

Thu, 31/10/2024 - 09:24

J Sainsbury sells Argos credit cards portfolio for £720 million

J Sainsbury PLC on Thursday said it has sold the credit card portfolio of its Argos general merchandise arm for £720 million, creating a partnership...

Thu, 31/10/2024 - 09:20

LONDON MARKET OPEN: Stocks decline in budget aftermath but Shell rises

Equities in London were lower on Thursday morning, UK bond yields spiked and the pound was around the $1.30 mark as investor digest Wednesday’s budget...

Thu, 31/10/2024 - 09:09

TOP NEWS: Shell beats forecasts and launches $3.5 billion buyback

Shell PLC on Thursday said it will maintain the pace of quarterly share buybacks despite reporting a decline in earnings on softer refining margins.

The London-based...

Thu, 31/10/2024 - 08:37

Budget 2024: AIM rallies as infrastructure and hospitality firms toast measures

The market gave a largely positive response to Labour’s first Budget with the domestic-facing FTSE 250 index and AIM market both enjoying strong gains following...

Thu, 31/10/2024 - 00:00

Trainline issues second profit upgrade in two months

Trainline 

(TRN) 374p

Gain to date: 15.1%Market cap: £1.5 billion

It is barely two months since the rail ticketing app Trainline (TRN) said it was...

Thu, 31/10/2024 - 00:00

Tesla stock makes largest one-day jump since 2011

Turning a lacklustre 2024 on its head, Tesla (TSLA:NASDAQ) delivered stronger third-quarter profits than Wall Street expected after the close on 23 October 2024. Elon Musk’s...

Thu, 31/10/2024 - 00:00

Legal dispute could cast long shadow over Arm earnings

The recent legal wrangling between UK chip architecture designer Arm Holdings (ARM:NASDAQ) and one of its major clients Qualcomm (QCOM:NASDAQ) is likely to be one...

Thu, 31/10/2024 - 00:00

Games Workshop appears to have rediscovered its growth mojo

Games Workshop 

(GAW) £119.40

Market Cap: £3.9 billion

We flagged fantasy miniatures maker Games Workshop (GAW) in June 2022 at around £63 after the shares...

Thu, 31/10/2024 - 00:00

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