LONDON MARKET OPEN: FTSE 100 flat; Melrose rises as Burberry falls

Stock prices in London opened tepidly on Thursday, amid both positive and negative developments from blue-chip companies.

The FTSE 100 index opened up 1.63 points...

Thu, 16/11/2023 - 09:07

TOP NEWS: Burberry warns of sales hit from slowdown in luxury demand

Burberry Group PLC shares fell on Thursday, after the British fashion house said it is unlikely to achieve its annual revenue guidance amid a slowdown...

Thu, 16/11/2023 - 09:06

TOP NEWS: Investec interim profit falls on high impairment charges

Investec PLC and Ltd on Thursday reported a dip in interim profit as impairment charges mounted, with the financial services firm facing high inflation, rising...

Thu, 16/11/2023 - 09:04

TOP NEWS: United Utilities hikes dividend 9% despite drop in profit

United Utilities Group PLC on Thursday declared a significant dividend increase, despite half-year profit more than halving, as it said underlying results were ‘robust’.

The Warrington,...

Thu, 16/11/2023 - 08:52

TOP NEWS: Halma profit grows, ups dividend as eyes further profit rise

Halma PLC on Thursday declared a higher dividend as it posted profit growth, noting that the current operating environment presented both challenges and opportunities.

The Buckinghamshire,...

Thu, 16/11/2023 - 08:42

Expect 2024 to see more mergers of sub-scale investment trusts

We would hesitate to call it a wave of consolidation – maybe a ripple would be more appropriate – but this year has seen...

Thu, 16/11/2023 - 00:00

Now is the perfect time to invest in this infrastructure trust

3i Infrastructure (3IN) 305p

Loss to date: 3.2%

We recommended buying investment trust 3i Infrastructure (3IN) on the strength of its portfolio,...

Thu, 16/11/2023 - 00:00

Why industrial gas companies are much more interesting than you think

Some investment themes simply capture the imagination. For example, AI’s ability to transform how we all live and work, new solid-state batteries that could...

Thu, 16/11/2023 - 00:00

Warning: these are the reasons why you may soon pay more tax

The Government has made lots of changes to the tax system that mean millions more people will pay tax this year, through a variety of...

Thu, 16/11/2023 - 00:00

Four tips for managing a portfolio: how to keep your investment plan on track

An investment portfolio can involve a collection of stocks, bonds, cash, funds and/or investment trusts. Creating and managing a portfolio involves more than just...

Thu, 16/11/2023 - 00:00

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