28th Jun 2026 08:55
(Sharecast News) - Around one third of new homes in London failed to sell to private buyers last year, underlining the scale of the housebuilding challenge facing incoming mayor Andy Burnham, according to the Telegraph. CBRE analysis of Molior data showed developers abandoned attempts to sell 34% of new units in 2026 after failing to find buyers, up from 25% in 2025. Instead of going to private purchasers, the homes were offloaded to investment funds or housing associations. The figures highlight mounting strain in London's housing market, where weak sales are making new development increasingly unviable. The slowdown also casts fresh doubt on Labour's pledge to deliver 1.5m homes by 2029.
Read more26th Jun 2026 23:27
(Sharecast News) - US stocks ended a choppy session in the red on Friday, with all Wall Street benchmarks giving up earlier gains by the close as renewed concerns about AI valuations weighed on market sentiment.
Read more26th Jun 2026 16:22
(Sharecast News) - European shares slumped on Friday as the technology sell-off continued, with investors increasingly concerned about a potential bubble in artificial intelligence stocks.
Read more26th Jun 2026 16:19
(Sharecast News) - Physiomics said on Friday that it was making strong operational progress and building the largest commercial pipeline in its history.
Read more26th Jun 2026 16:19
(Sharecast News) - Physiomics said on Friday that it was making strong operational progress and building the largest commercial pipeline in its history.
Read more26th Jun 2026 15:49
(Sharecast News) - UK stocks trimmed losses after a late rally into the close, with the FTSE 100 finishing just 0.2% lower after hitting a two-month high the previous session.
Read more26th Jun 2026 15:07
(Sharecast News) - FTSE 250 (MCX) 22,999.87 -0.70%
Read more26th Jun 2026 14:58
(Sharecast News) - Major indices were in the red early on Friday as a sell‑off in technology shares deepened amid growing concerns over the rising cost of artificial‑intelligence infrastructure.
Read more26th Jun 2026 14:57
(Sharecast News) - London's FTSE 100 was down 0.4% at 10,486.81 in afternoon trade on Friday.
Read more26th Jun 2026 14:54
(Sharecast News) - Berenberg upgraded Barratt Redrow and Bellway on Friday to 'buy' from 'hold' as it took a look at UK housebuilders.
Read more26th Jun 2026 14:15
(Sharecast News) - Next week sees the release of trading updates from Sainsbury's and AB Foods, UK GDP data and the latest US non-farm payrolls report.
Read more26th Jun 2026 14:12
(Sharecast News) - Exail Technologies surged on Friday as it confirmed it has entered into negotiations with French aircraft equipment manufacturer Safran about a possible takeover at €128.5 per share.
Read more26th Jun 2026 13:50
(Sharecast News) - The US goods trade deficit widened sharply in May, according to advance figures from the Census Bureau, increasing to $105.8bn from $83bn in April on a seasonally adjusted basis.
Read more26th Jun 2026 13:33
(Sharecast News) - Deutsche Bank cut its recommendation on Tate & Lyle on Friday to 'hold' from 'buy' after the company agreed to be taken over by US peer Ingredion in a £2.7bn deal.
Read more26th Jun 2026 13:33
(Sharecast News) - ClearScore has reportedly hired Wall Street bank JPMorgan to advise it on strategic options as it moves towards a possible stock exchange listing which could value it at about £2bn.
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