News Archive
Inflation unexpectedly holds steady at 2.8%
17th Jun 2026 08:15
(Sharecast News) - UK inflation unexpectedly held steady in May, official data showed on Wednesday, as lower food prices helped offset sharply higher transport costs.
Read moreEurope open: Markets cautious with eyes on Iran war, Fed rate call
17th Jun 2026 08:08
(Sharecast News) - European shares opened slightly higher on Wednesday as investors eyed the latest developments on the US-Iran peace deal and looked ahead to an interest rate decision from the US Federal Reserve.
Read moreLondon open: Stocks slip as investors await Fed decision
17th Jun 2026 08:07
(Sharecast News) - UK stocks headed lower on Wednesday, pulling back from a three-week high, as investors refrained from taking on too much risk ahead of policy meetings at the Federal Reserve and Bank of England.
Read moreCastings says demand still subdued as FY revenues fall
17th Jun 2026 07:59
(Sharecast News) - Shares in Castings fell on Wednesday after the Midlands-based iron casting and machining group said full-year results reflected subdued demand across its end-markets, with revenues falling year-on-year.
Read moreHays completes sale of six non-core assets, 'exploring options' for seven more
17th Jun 2026 07:29
(Sharecast News) - Recruitment firm Hays said it is "exploring options" related to operations across a further seven non-core markets as it continues to focus on building leading positions in its primary regions.
Read moreCaledonia to invest £60m in garden centre operator Blue Diamond
17th Jun 2026 07:10
(Sharecast News) - Caledonia Investments on Wednesday said it had agreed a £60m financing deal with garden centre operator Blue Diamond.
Read moreBerenberg lowers target price on LondonMetric Property
17th Jun 2026 07:08
(Sharecast News) - Analysts at Berenberg cut their target price on LondonMetric Property from 282p to 252p on Wednesday after trimming their net tangible asset forecasts, citing a lower‑than‑expected FY26 valuation outcome and a higher cost‑of‑capital backdrop.
Read moreAO confident for year ahead as revenues, profits spark
17th Jun 2026 07:07
(Sharecast News) - White goods retailer AO World posted a spike in earnings on Wednesday and reiterated its full-year outlook, despite an uncertain backdrop.
Read moreOxford Metrics shares slide despite H1 improvement
17th Jun 2026 07:05
(Sharecast News) - Oxford Metrics shares were sliding on Wednesday morning, even after it reported a modest improvement in first-half trading and set out medium-term targets to double revenue, lift recurring and repeatable revenue to about 25% of the group total and increase adjusted EBIT margins to the mid-teens.
Read moreLondon pre-open: Stock futures lower ahead of FOMC as UK inflation holds steady
17th Jun 2026 07:03
(Sharecast News) - London's blue chip index was expected to open marginally lower on Wednesday after hitting a three-week high the previous session, as oil prices stabilised and risk appetite waned ahead of the some crucial central bank meetings.
Read moreWednesday newspaper round-up: John Lewis, British American Tobacco, Shein/Temu
17th Jun 2026 07:03
(Sharecast News) - John Lewis is to spend £20m on a revamp of its Glasgow store in the city centre's Buchanan Galleries in a vote of confidence in the shopping mall not long ago scheduled for demolition. It is the largest cash injection within a wider plan to spend £50m this financial year on refreshing its shops, with department stores in Reading, Cambridge, Leicester and Liverpool all earmarked for an upgrade. - Guardian
Read moreUS close: Dow notches another record close, chip stocks weigh on Nasdaq
16th Jun 2026 23:00
(Sharecast News) - Major indices delivered a mixed performance on Tuesday, with the Dow Jones building on its record close.
Read moreLondon close: Stocks hit three-week high as oil price drops
16th Jun 2026 16:33
(Sharecast News) - UK stocks hit a three-week high on Tuesday, as a sinking oil price softened the outlook for inflation on a busy week for central bank meetings.
Read moreECB chief economist says further rate hikes possible, dependent on data
16th Jun 2026 16:20
(Sharecast News) - The chief economist of the European Central Bank has said that policymakers could raise interest rates further if the incoming data supports the decision, after the ECB hiked its estimates for inflation over the coming years.
Read moreDirector dealings: Rathbones leaders purchase shares amid FCA‑related review
16th Jun 2026 16:03
(Sharecast News) - Rathbones Group revealed on Tuesday that chairman Clive Bannister and chief executive Jonathan Sorrell had both spent roughly £250,000 on shares in the FTSE 250-listed investment and wealth manager.
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