News Archive

Europe open: Shares up as Wall St hits new records

12th Dec 2025 07:47

(Sharecast News) - European markets opened higher on Friday on the back of a record-setting session on Wall Street overnight.

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UK economy shrinks 0.1% in October

12th Dec 2025 07:37

(Sharecast News) - The UK economy unexpectedly contracted in October amid uncertainty ahead of the Budget, according to figures released on Friday by the Office for National Statistics.

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Card Factory warns on profits, cites soft high street footfall

12th Dec 2025 07:33

(Sharecast News) - Card Factory warned on profits on Friday as it pointed to weak consumer confidence and soft high street footfall.

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London pre-open: Stocks to gain after US indices hit fresh highs; UK GDP in focus

12th Dec 2025 07:32

(Sharecast News) - London stocks were set to gain at the open on Friday after the Dow and S&P 500 hit fresh highs, and as investors mulled the latest UK GDP data.

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Friday newspaper round-up: OBR, franchise agreements, GoCardless

12th Dec 2025 07:21

(Sharecast News) - MPs have launched an inquiry into the role and performance of the Office for Budget Responsibility. The all-party Commons Treasury committee will spend until the end of next month investigating the independent agency's forecasting performance and impartiality. The panel will consider whether reforms are needed 15 years after the OBR was set up by George Osborne when he was Tory chancellor. - Guardian

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German inflation holds steady in November, but core inflation eases

12th Dec 2025 07:20

(Sharecast News) - Inflation in Germany held steady in November, according to final estimates from the Federal Statistical Office on Friday, matching preliminary numbers.

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GSK's Arexy receives EU green light

12th Dec 2025 07:20

(Sharecast News) - GSK said on Friday that the European Medicines Agency's Committee for Medicinal Products for Human Use had recommended expanding the use of Arexy, its RSV vaccine, to all adults aged 18 and over.

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Aberdeen acquires £1.5bn of closed end fund assets from MFS

12th Dec 2025 07:16

(Sharecast News) - Fund manager Aberdeen has announced the purchase of the management of £1.5bn of closed end fund (CEF) assets from MFS, marking the UK company's 10th US CEF acquisition since 2000.

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WH Smith delays results to give auditors more time

12th Dec 2025 07:04

(Sharecast News) - WH Smith said it would delay publication of its annual results to give auditors more time to finish their work in the wake of an accounting error that wiped almost £600m from the company's stock market value and led to the departure of chief executive Carl Cowling.

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Harbour Energy snaps up Waldorf assets in bid to boost UK operations

12th Dec 2025 07:03

(Sharecast News) - Independent oil and gas company Harbour Energy has agreed to acquire substantially all the subsidiaries of Waldorf Energy Partners and Waldorf Production, both of which were currently in administration.

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US close: Dow, S&P 500 notch new record highs

11th Dec 2025 22:53

(Sharecast News) - US stocks finished in mixed fashion on Thursday, though the Dow Jones Industrial Average surged to a new all-time high on the back of strong gains from high-priced stocks like Goldman Sachs, American Express and Visa.

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Hargreaves Services flags strong half-year

11th Dec 2025 16:40

(Sharecast News) - Hargreaves Services said in an update on Thursday that it expects to report another strong set of interim results, with growth in both revenue and profit before tax for the six months ended 30 November.

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Everplay takes stake in Super Media Group, enters Bulkhead partnership

11th Dec 2025 16:36

(Sharecast News) - Everplay Group announced the acquisition of a 20% minority stake in Super Media Group for £2m on Thursday, as well as the forming of a strategic partnership with Bulkhead, the UK-based first-person shooter specialist housed within the newly created SMG consortium.

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Faron issuing second tranche of unsecured convertible bonds

11th Dec 2025 16:32

(Sharecast News) - Faron Pharmaceuticals said on Thursday that its board had approved the issue of the second tranche of its amortising senior unsecured convertible bonds to an entity managed by Heights Capital Management, raising €10m to extend its cash runway and strengthen its financial position ahead of a planned registrational study in high-risk myelodysplastic syndromes.

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London close: Late rally sends FTSE 100 to one-week high

11th Dec 2025 16:26

(Sharecast News) - London's benchmark FTSE 100 rallied in afternoon trade on Thursday, hitting its highest close in a week, led by strong performances in industrial sectors.

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