News Archive

London midday: Stocks turn higher amid US rate cut expectations; Trustpilot tanks

4th Dec 2025 10:48

(Sharecast News) - London stocks had edged into the black by midday on Thursday as investors mulled results from the likes of SSP and AJ Bell, amid rising expectations of a US rate cut next week.

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Retail footfall drops in November amid bad weather, Budget uncertainty

4th Dec 2025 10:45

(Sharecast News) - UK retail footfall fell again in November, dented by bad weather and uncertainty ahead of the Budget, according to figures released on Friday by the British Retail Consortium.

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US pre-open: Futures steady as rate cut hopes rise on weak jobs data

4th Dec 2025 10:33

(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday as investors grew more confident about a December rate cut following weaker‑than‑expected private payrolls data.

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Europe open: Auto makers in focus as Trump plans to lower environmental rules

4th Dec 2025 10:31

(Sharecast News) - European shares were up on Thursday morning with car makers in focus after US President Donald Trump decided to lower environmental standards and allow more polluting fossil fuel vehicles.

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Eurozone retail sales unchanged in October, missing forecasts

4th Dec 2025 10:30

(Sharecast News) - Retail sales across the eurozone were unchanged in October, missing expectations of a slight increase, having moved more or less sideways over the past four months.

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ITM Power posts record interim sales, issues cautious guidance

4th Dec 2025 10:23

(Sharecast News) - Media firm Future traded higher on Thursday after it unveiled a five‑fold dividend hike and a fresh £30m buyback, signalling confidence in its outlook despite a drop in annual revenues.

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Aberdeen to take over Stageoach's £1.2bn pension scheme

4th Dec 2025 10:18

(Sharecast News) - Aberdeen Group has agreed to take over as sponsoring employer of the £1.2bn Stagecoach Group pension scheme, it emerged on Thursday, in a landmark 'run-on' deal that would see the bus operator sever ties with its large defined benefit plan while members benefitted from enhanced payments and inflation protection.

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IWG extends capital return program, reiterates medium-term guidance

4th Dec 2025 10:18

(Sharecast News) - Flexible workspaces operator International Workplace Group said on Thursday that its capital return program would continue into 2026, highlighting a strategy focused on capital-light growth.

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Friday preview: Halifax house prices in focus

4th Dec 2025 10:18

(Sharecast News) - There are no FTSE 350 companies of note due to report on Friday as the pre-Christmas lull begins to take hold.

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Consumers to foot bill as Ofgem green lights £28bn energy grid upgrade

4th Dec 2025 10:18

(Sharecast News) - Britain's long-suffering energy customers face yet another hike in their bills after industry regulator Ofgem approved a £28bn plan to upgrade the electricity grid.

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RBC Capital starts Mitie at 'outperform', says it's 'fundamentally undervalued'

4th Dec 2025 10:17

(Sharecast News) - RBC Capital Markets initiated coverage of facilities management firm Mitie Group on Thursday with an 'outperform' rating and 195p price target.

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SSP surges after revenue and profit growth, guidance at top end

4th Dec 2025 10:16

(Sharecast News) - Food and beverage outlets operator SSP said on Thursday that both revenue and operating profits had grown in the twelve months ended 30 September as it saw "strong trading" across three of its four regions and launched a strategic review of its rail business in Continental Europe.

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UK construction suffers worst downturn in five and a half years

4th Dec 2025 10:15

(Sharecast News) - The UK construction sector suffered its worst downturn in November for five and a half years in the run-up to the Budget, according to a survey released on Thursday.

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EWI hits out at Saba Capital 'power grab'

4th Dec 2025 10:14

(Sharecast News) - Edinburgh Worldwide Investment Trust hit out at Saba Capital on Thursday after the activist investor once again requested a general meeting as it looks to oust the company's board.

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Rio Tinto plans up to $10bn in asset sales, spending cuts

4th Dec 2025 10:12

(Sharecast News) - Mining giant Rio Tinto on Thursday announced plans to release up to $10bn of capital through cost cuts and asset sales, including stakes in infrastructure, and slashing its decarbonisation budget.

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