Bellway encouraged by improved spring sales despite tough year so far

Bellway PLC on Tuesday reported ‘sustained improvement’ in demand and a healthy balance sheet despite lower reservations and a smaller order book, and is optimistic...

Tue, 13/06/2023 - 09:19


LONDON MARKET OPEN: Stocks up as China cuts rates but UK set to hike

London share prices edged upward at the open on Tuesday, as investors weighed the impact of an interest rate cut in China to spur demand...

Tue, 13/06/2023 - 08:58


TOP NEWS: CMC Markets profit falls on operating expense hit

CMC Markets PLC on Tuesday reported a drop in full-year profit, as it was hit by a 24% increase in operating expenses.

Shares in CMC fell...

Tue, 13/06/2023 - 08:50


Oxford Instruments annual profit rises as backed by China order growth

Oxford Instruments PLC on Tuesday reported a rise in profit and revenue in its recent financial year, despite headwinds caused by price inflation.

The Abingdon,...

Tue, 13/06/2023 - 08:49


LONDON BROKER RATINGS: Citigroup cuts Admiral Group to ’sell’

The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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Oddo BHF cuts Anglo American to ’underperform’ - price target 2,400 pence

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Morgan Stanley starts Rolls-Royce...

Tue, 13/06/2023 - 08:45


TOP NEWS: Ashtead annual profit and revenue outperform expectations

Ashtead Group PLC on Tuesday announced higher profit and revenue for what it called a ‘record performance’ in the financial year ended April 30, boosted...

Tue, 13/06/2023 - 08:42


TOP NEWS: Centrica says earnings to be at top of expectations in 2023

Centrica PLC on Tuesday said it expects annual earnings to be at the top end of expectations, thanks to ‘significantly’ higher profit in its Retail...

Tue, 13/06/2023 - 08:16


IN BRIEF: Rio Tinto says Aluminium division chief to leave in December

Rio Tinto PLC - Anglo-Australian mining and metals company - Ivan Vella, chief executive officer of Rio’s Aluminium business, has accepted a new position outside...

Tue, 13/06/2023 - 08:11


TOP NEWS: UK unemployment rate edges down and pay growth accelerates

The UK unemployment rate ticked downward in the three months to April, while pay growth picked up, figures from the Office for National Statistics showed...

Tue, 13/06/2023 - 07:28


Taxes could fall if UK boosts productivity in public sector - Hunt

Taxes could start falling if productivity is boosted in the public sector, UK Chancellor Jeremy Hunt has suggested.

Hunt acknowledged that tackling high inflation must be...

Tue, 13/06/2023 - 05:55


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