News Archive

London midday: FTSE ticks higher as Ithaca Energy, BT Group gain

5th Oct 2026 10:51

(Sharecast News) - London stocks had ticked higher by midday on Monday as investors continued to weigh up last week's weaker-than-expected US non-farm payrolls report - which raised expectations the Federal Reserve ​will keep ​rates on hold ⁠this month - against concerns about the energy crisis.

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Growth in UK services sector eases in June, cost burdens rise sharply

5th Oct 2026 10:36

(Sharecast News) - Growth in the UK services sector eased a touch in September, with cost burdens rising sharply amid surging fuel prices, according to a survey released on Monday.

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Sirius Real Estate reports double-digit H1 rent growth

5th Oct 2026 09:30

(Sharecast News) - Industrial business parks owner Sirius Real Estate reported solid growth in both new and underlying rents over the first half of its financial year, with overall growth in the double-digit range.

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Asia report: Stocks higher after US jobs data, but trading volumes thin

5th Oct 2026 09:16

(Sharecast News) - Asian stocks mostly rose on Monday, with Japanese equities rallying strongly in particular after Friday's US jobs data, though trading volumes were low with markets in mainland China and South Korea closed.

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Schneider Electric to buy PTC for $22.6bn in cash

5th Oct 2026 09:15

(Sharecast News) - Shares of France's Schneider Electric slid on Monday after it agreed to buy PTC in an all-cash deal that values the US software company's equity at around $22.6bn.

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Eurozone composite PMI hits 41-month high as services growth accelerates

5th Oct 2026 09:00

(Sharecast News) - Service-sector growth across the eurozone picked up as expected in September, according to the final estimates of the services purchasing managers' index released on Monday from S&P Global, sending business activity across the region to its highest in three and a half years.

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National Grid FY EPS seen ahead of guidance

5th Oct 2026 08:58

(Sharecast News) - Energy provider National Grid said on Monday that it now expects full-year earnings per share to come in slightly ahead of guidance of 13% to 15%, driven by a much stronger‑than‑expected first‑half performance in its National Grid Ventures & Other unit.

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Ithaca to buy offshore Canada oil assets from Suncor for up to $1.1bn

5th Oct 2026 08:00

(Sharecast News) - Ithaca Energy said on Monday that it has agreed with Suncor to buy a portfolio of conventional offshore oil assets located in shallow waters off the East Coast of Newfoundland and Labrador, Canada, for up to $1.1bn.

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London open: FTSE nudges up as Ithaca Energy, BT Group gain

5th Oct 2026 07:55

(Sharecast News) - London stocks were just a smidgen higher in early trade Monday as optimism over last week's weaker-than-expected US non-farm payrolls report - which raised expectations the Federal Reserve ​will keep ​rates on hold at its meeting ⁠this month - gave way to concerns about the energy crisis.

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Europe open: Shares, euro lower on France yields, Spanish snap election

5th Oct 2026 07:43

(Sharecast News) - European shares were lower on Monday as a weak euro driven by concerns around French bond yields and a snap election in Spain weight on sentiment.

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BT Group buys TalkTalk out of administration

5th Oct 2026 07:41

(Sharecast News) - BT Group said on Monday that it has bought TalkTalk out of administration on a debt-free basis.

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Berenberg starts Tatton Asset Management at 'buy'

5th Oct 2026 07:33

(Sharecast News) - Berenberg initiated coverage of Tatton Asset Management with a 'buy' rating and an 820p target price on Monday, arguing the group was well placed to sustain strong growth as it races toward its £30bn assets under management goal.

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London pre-open: Stocks to rise after NFP report

5th Oct 2026 07:27

(Sharecast News) - London stocks were set to rise at the open on Monday as investors continued to take comfort from the weaker-than-expected US non-farm payrolls report, which raised expectations the Federal Reserve ​will keep ​rates on hold at its meeting ⁠this month.

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Hammerson names Gina Szymanski as CFO

5th Oct 2026 07:20

(Sharecast News) - Property developer Hammerson tapped Gina Szymanski to take over as chief financial officer on Monday, with Szymanski set to take up her role and join the board no later than 1 January 2027.

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Monday newspaper round-up: North Sea strikes, BT/TalkTalk, bank taxes

5th Oct 2026 07:10

(Sharecast News) - A looming strike by oil workers in the North Sea could "severely disrupt" UK fuel supplies, the Unite union has said, adding that staff were left with no choice after a breakdown in pay talks with the Texas oil company Apache. The union said Apache workers had "emphatically" backed strike action after being given what it said was an unacceptable pay offer that amounted to a real-terms pay cut for many employees, at a time when the company was "raking in eye-watering profits". - Guardian

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