News Archive
Kier to stop investing in property development
15th Sep 2026 09:37
(Sharecast News) - Kier Group said on Tuesday that its 2027 earnings were set to be at the top end of the board's expectations, as it announced it will not be making any more investments in new property developments as it focuses on its core businesses of infrastructure and construction.
Read moreBig Yellow to sell Staines industrial estate for £36.5m
15th Sep 2026 08:46
(Sharecast News) - Self storage firm Big Yellow has agreed to sell its Staines industrial estate for £36.5m and has also received a £2m retention payment linked to the firm's earlier disposal of its Harrow site, taking total proceeds from the two transactions to £75m.
Read moreLondon open: FTSE falls as investors mull jobs data
15th Sep 2026 07:55
(Sharecast News) - London stocks fell in early trade on Tuesday, having avoided the AI-fuelled weakness that hit European and US markets a day earlier, as investors mulled the latest UK jobs data and elevated oil prices.
Read moreHarworth sets out £7.4m in cost cuts to fend off Peel
15th Sep 2026 07:55
(Sharecast News) - Land and property regeneration specialist Harworth on Tuesday set out £7.4m of planned cost cuts as it resists Peel's unsolicited takeover bid, aiming to create a simpler, lower‑cost platform focused on powered land and data centres.
Read moreChina investment slump deepens, retail sales soften despite improved industrial output
15th Sep 2026 07:53
(Sharecast News) - China's investment downturn deepened in August while retail sales lost further momentum, even as industrial output surprised to the upside, official data showed on Tuesday.
Read moreUK unemployment rate steady in August, vacancies continue to fall
15th Sep 2026 07:52
(Sharecast News) - The UK unemployment rate was steady in August, while vacancies continued to fall, according to data released on Tuesday by the Office for National Statistics.
Read moreEurope open: Shares down sharply as AI fears grow
15th Sep 2026 07:40
(Sharecast News) - European shares fell sharply at the open on Tuesday as more uncertainty around the artificial‑intelligence IPO pipeline and elevated oil prices spooked investors while the prospects of a Fed rate hike increased as yields surged to their highest level in almost two decades.
Read moreLondon close: FTSE falls amid rising bond yields, surging oil prices
15th Sep 2026 07:40
(Sharecast News) - London stocks fell on Tuesday amid rising bond yields and surging oil prices, as investors mulled the latest UK jobs data and looked ahead to an expected rate hike by the Federal Reserve.
Read moreLondon pre-open: Stocks to dip as investors mull UK jobs data
15th Sep 2026 07:38
(Sharecast News) - London stocks were set to fall at the open on Tuesday, having avoided the AI-fuelled weakness that hit European and US markets a day earlier, as investors mulled the latest UK jobs data.
Read moreBerenberg upgrades GSK to 'buy', raises target price
15th Sep 2026 07:24
(Sharecast News) - Analysts at Berenberg upgraded drugmaker GSK from 'hold' to 'buy' on Tuesday and lifted their target price on the stock from £20 to £22, saying recent business‑development activity and pipeline momentum had strengthened the firm's long‑term growth outlook and left its valuation discount looking excessive.
Read moreGSK acquires global rights to multiple myeloma asset from Chimagen Biosciences
15th Sep 2026 07:23
(Sharecast News) - Drugmaker GSK said on Tuesday that it would pay up to $750m to acquire full global rights to a trispecific T‑cell engager for multiple myeloma from privately held biotechnology company Chimagen Biosciences.
Read moreTuesday newspaper round-up: Red Sea islands, BoE bond selling, energy imports
15th Sep 2026 07:21
(Sharecast News) - Yemen's Houthi militants have seized two strategic islands in the Red Sea, reinforcing the Iran-backed group's ability to control a key shipping route, as concerns mount that the world is facing a new oil supply crisis. The seizure of the islands of Greater and Lesser Hanish is the latest in the militant group's swift advance across Yemen's Red Sea coast, after the capture of the port of Mokha and Perim island in the Bab al-Mandab strait. - Guardian
Read morePrinces sees profits jump despite rising costs, eyes new M&A
15th Sep 2026 07:16
(Sharecast News) - Princes Group reported a sharp rise in first-half profits on Tuesday despite "significant" input-cost inflation, with the food and drinks manufacturer saying that recent price increases should provide a boost in the second half.
Read moreWickes on track to meet FY estimates
15th Sep 2026 07:04
(Sharecast News) - DIY chain Wickes said it was on track to meet expectations of a 10% jump in adjusted annual profit despite an uncertain consumer environment, sending its shares up 10% on Tuesday.
Read moreUS close: Stocks slip as AI uncertainty builds, energy prices climb
14th Sep 2026 22:42
(Sharecast News) - Major indices were in the red at the close on Monday as investors assessed fresh uncertainty around the artificial‑intelligence IPO pipeline and monitored another jump in oil prices.
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