News Archive

FCA considering motor finance redress implementation period

4th Mar 2026 08:22

(Sharecast News) - The Financial Conduct Authority said on Wednesday that it is considering introducing an implementation period for a proposed motor finance compensation scheme, as it reviewed more than 1,000 responses to its consultation on redress for customers who may have been treated unfairly.

Read more

Galliford Try boosts guidance on robust first half

4th Mar 2026 08:20

(Sharecast News) - Galliford Try boosted its full-year outlook on Wednesday, underpinned by key project wins and ongoing investment in the wider infrastructure sector.

Read more

China manufacturing surges to three‑year high in February, services edge higher

4th Mar 2026 08:20

(Sharecast News) - China's economy showed firmer momentum in February as manufacturing activity accelerated to a three‑year high and services steadied on holiday‑driven demand.

Read more

Europe open: Share up despite doubts over Trump plan for Gulf oil shipments

4th Mar 2026 08:13

(Sharecast News) - European shares gained at the open on Wednesday despite uncertainty over the reasons and objectives for the US-Israeli war on Iran and American assurances on safeguarding oil shipments through the key Strait of Hormuz.

Read more

London open: FTSE steady after two days of heavy losses

4th Mar 2026 08:02

(Sharecast News) - London stocks were flat in early trade on Wednesday following two days of heavy losses, as investors continued to eye developments in the Middle East.

Read more

Quilter announces £100m share buyback as FY profits beat expectations

4th Mar 2026 08:00

(Sharecast News) - Quilter reported record net inflows on Wednesday and better-than-expected full-year profits, as the wealth manager announced a £100m share buyback.

Read more

Metro Bank targets 18% RoTE by 2028 as it swings to profit

4th Mar 2026 07:53

(Sharecast News) - Shares in Metro Bank surged on Wednesday as the UK lender said its return on tangible equity would more than double to 13% in the next six months as it swung to a record profit in 2025.

Read more

Beazley full-year profit falls amid 'softening' insurance market

4th Mar 2026 07:45

(Sharecast News) - Beazley posted a fall in full-year profit on Wednesday amid a "softening" insurance market, ahead of its agreed takeover by Zurich Insurance.

Read more

Vistry's Fitzgerald to retire as CEO, chair

4th Mar 2026 07:39

(Sharecast News) - Vistry shares tanked on Wednesday as the UK housebuilder said 2026 profit margins would be lower and chief executive and chair Greg Fitzgerald announced his retirement.

Read more

Adidas disappoints despite jump in sales, profits

4th Mar 2026 07:37

(Sharecast News) - Shares in Adidas fell sharply on Wednesday, despite a jump in annual sales and profits, after the German firm's growth forecasts disappointed.

Read more

Oxa secures $103m in Series D funding

4th Mar 2026 07:35

(Sharecast News) - Intellectual property investor IP Group revealed on Wednesday that portfolio company Oxa Autonomy has completed its Series D funding round, raising $103m to accelerate the commercial rollout of its industrial automation technology.

Read more

Barratt Redrow chief executive to step down after 11 years

4th Mar 2026 07:35

(Sharecast News) - Barratt Redrow's long-standing chief executive is to step down after more than a decade, the housebuilder announced on Wednesday.

Read more

Weir FY profits grow amid strong mining demand

4th Mar 2026 07:33

(Sharecast News) - Engineering firm Weir Group said both profits and margins had expanded in the 12 months ended 31 December as rising mining activity drove growth across the business, but traded lower early on Wednesday as higher IT-related spending saw the company downgrade its 2026 guidance.

Read more

London pre-open: FTSE to tick up as eyes remain on Middle East

4th Mar 2026 07:30

(Sharecast News) - London stocks were set to tick higher at the open on Wednesday following heavy losses in the previous session, as investors continue to eye developments in the Middle East.

Read more

Wednesday newspaper round-up: News Corp, BBC, Asda

4th Mar 2026 07:19

(Sharecast News) - News Corp's global chief executive has described news organisations as a valuable "input" for artificial intelligence, as the media empire signs an AI content licensing deal with Meta worth up to US$50m (A$71m) a year. In an upbeat presentation, the chief executive of Rupert Murdoch's company, Robert Thomson, said the "reliable" breaking news and information in publications like the Australian, the Times of London and Dow Jones was "hard to beat" as an "input" for AI. - Guardian

Read more