News Archive
UK consumer confidence rises, but caution sets in ahead of Budget
21st Aug 2025 09:04
(Sharecast News) - Improved confidence about personal finances pushed UK consumer sentiment higher in August, though concerns about rising inflation and unemployment continued to dampen the overall mood.
Read moreEurozone PMI hits 15-month high as manufacturing returns to growth
21st Aug 2025 08:21
(Sharecast News) - Private sector growth across the eurozone picked up to its highest level in 15 months, as a slowdown in the services sector was offset by a surge in activity in manufacturing.
Read moreDebenhams secures £175m credit facility
21st Aug 2025 08:17
(Sharecast News) - Fast-fashion retailer Debenhams Group has bolstered its financial firepower with a new funding agreement as it looks to scale operations and reposition itself across the fashion, home and beauty segments.
Read moreLondon open: FTSE nudges up as investors mull borrowing figures
21st Aug 2025 08:04
(Sharecast News) - London stocks nudged higher in early trade on Thursday following a record close the day earlier, as investors mulled the latest borrowing figures.
Read moreWH Smith cuts US profit guidance after £30m overstatement
21st Aug 2025 08:03
(Sharecast News) - Shares in WH Smith tumbled on Thursday after the retailer cut its profit outlook, having uncovered an accounting overstatement of around £30m for North America trading profit.
Read moreGovernment borrowing lower than expected in July
21st Aug 2025 07:55
(Sharecast News) - UK government borrowing was lower than expected in July, according to data released on Thursday by the Office for National Statistics.
Read moreEurope open: Shares lower as traders eye Jackson Hole meeting
21st Aug 2025 07:46
(Sharecast News) - European shares were lower at the open on Thursday as attention turned to the US Jackson Hole symposium of central bankers later in the day.
Read moreRobinson sees improved sales pipeline as H1 profits surge
21st Aug 2025 07:44
(Sharecast News) - Plastic and paperboard packaging group Robinson saw profits more than double in the first half despite subdued top-line performance, but the company delivered a cautious outlook for demand.
Read moreLondon pre-open: Stocks seen flat following record close
21st Aug 2025 07:43
(Sharecast News) - London stocks were set for a flat open on Thursday following a record close the day earlier, as investors mulled the latest borrowing figures.
Read moreMarks & Spencer to pour £340m into new National Distribution Centre
21st Aug 2025 07:39
(Sharecast News) - British retailer Marks & Spencer has unveiled plans for a major expansion of its food logistics network, committing to the largest supply chain investment in its history as it sharpens its focus on becoming a weekly grocery destination.
Read moreThursday newspaper round-up: Pension gender gap, Angela Rayner, mansion tax
21st Aug 2025 07:31
(Sharecast News) - Retired women in the UK in effect go four months of the year without a pension when their income is compared with that of men, union leaders have warned. The TUC said the income gap between men and women in retirement was 36.5%, equivalent to a shortfall of £7,600 a year on average. As a percentage this was more than double the gender pay gap, which measures the difference in average earnings from work; it stands at 13.1%. - Guardian
Read moreCiti lifts Whitbread price target, reiterates 'buy' rating
21st Aug 2025 07:22
(Sharecast News) - Citi lifted its price target on Whitbread on Thursday to 3,800p from 3,600p as it reiterated its 'buy' rating, saying it sees a "compelling investment case" after the 29% share price increase since April.
Read moreUnited Utilities announces partner for £3bn Haweswater aqueduct upgrade
21st Aug 2025 07:17
(Sharecast News) - United Utilities has announced a £3bn deal to refurbish the Haweswater aqueduct, which carries water from Cumbria to 2.5m customers across Greater Manchester and Lancashire.
Read moreRenishaw's Allen Roberts to step down after 46 years
21st Aug 2025 07:10
(Sharecast News) - Engineering firm Renishaw said on Thursday that full-year revenue and profits would be towards the middle and top ends of previous guidance, respectively.
Read morePremier Foods buys Merchant Gourmet for £48m
21st Aug 2025 07:02
(Sharecast News) - Premier Foods said it had bought healthy meals brand Merchant Gourmet for an enterprise value of £48m on a cash and debt free basis.
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