News Archive

London open: FTSE flat amid lack of catalysts

2nd Dec 2025 08:11

(Sharecast News) - London stocks were steady in early trade on Tuesday as investors mulled a slowdown in UK house price growth amid a lack of direction.

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Discoverie Group hails record interim profits, on track to meet FY expectations

2nd Dec 2025 08:08

(Sharecast News) - Discoverie Group said on Tuesday that it remained on track to deliver full-year adjusted earnings in line with the board's expectations as it hailed record interim profits.

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RBC Capital reshuffles UK housebuilder ratings after sector review

2nd Dec 2025 07:43

(Sharecast News) - Analysts at RBC Capital Markets took a fresh look at UK housebuilders on Tuesday, changing the ratings and target prices on some of the sector's biggest names.

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Topps Tiles shares tank as weak consumer confidence hits sales growth

2nd Dec 2025 07:38

(Sharecast News) - Topps Tiles said sales growth over the first nine weeks of the new financial year has moderated due to weaker consumer confidence after a record 12 months for the tile retailer, in which profits jumped by nearly a half.

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London pre-open: Stocks to fall on downbeat US cues

2nd Dec 2025 07:35

(Sharecast News) - London stocks were set to fall at the open on Tuesday following a downbeat close on Wall Street as disappointing data releases added to expectations of a US rate cut later this month.

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On The Beach reaffirms outlook as profits, sales rise

2nd Dec 2025 07:33

(Sharecast News) - On The Beach Group reaffirmed guidance on Tuesday, sending shares sharply higher, after the package tour operator posted a jump in full-year profits and sales.

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Netflix makes mostly cash offer for Warner Bros Discovery - report

2nd Dec 2025 07:27

(Sharecast News) - Movie studio and broadcaster Warner Bros Discovery is reportedly sifting through a second round of bids, including a mostly cash offer from streaming giant Netflix, in an auction that could finish in the coming days or weeks.

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Kier names Wincanton's Hinton as incoming CFO

2nd Dec 2025 07:23

(Sharecast News) - Construction firm Kier Group revealed on Tuesday that chief financial officer Simon Kesterton will be stepping down from the board on 31 December, after six years in the role.

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Petards secures new £2.2m defence contract, shares spark

2nd Dec 2025 07:22

(Sharecast News) - Petards said on Tuesday that it has been awarded a defence contract worth £2.2m by Rheinmetall BAE Systems Land Limited.

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Tuesday newspaper round-up: Zipcar, BP, Volvo/Polestar

2nd Dec 2025 07:20

(Sharecast News) - As the battle lines harden amid Germany's intensifying pressure on the European Commission to scrap the 2035 ban on production of new petrol and diesel cars, two Swedish car companies, Volvo and Polestar, are leading the campaign to persuade Brussels to stick to the date. They argue such a move is a desperate attempt to paper over the cracks in the German car industry, adding that it will not just prolong take up of electric vehicles but inadvertently hand the advantage to China. - Guardian

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Endeavour Mining targets 12-15m oz discovery over next five years

2nd Dec 2025 07:19

(Sharecast News) - Endeavour Mining on Tuesday unveiled a plan targeting discovery of 12 - 15 million ounces over the next five years driven by a $540m exploration spend.

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Victrex launches cost-cutting drive as profits slump

2nd Dec 2025 07:17

(Sharecast News) - Polymers group Victrex has launched a "profit improvement plan" targeting £10m of savings, after underlying earnings dropped 21% over the 12 months to 30 September.

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Segro strikes pre-let development agreement with 'major international retailer'

2nd Dec 2025 07:15

(Sharecast News) - Property investment and development firm Segro has inked a pre-let development agreement with "a major international retailer" for an 86,000 square metre distribution centre in Germany's Rhine-Ruhr region.

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UK consumer confidence softens in November - YouGov/Cebr

2nd Dec 2025 07:09

(Sharecast News) - British consumer confidence softened in November, a survey showed on Tuesday, as concerns about job security and Budget jitters weighed heavily.

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Wizz Air passenger numbers rise 8.6% in November

2nd Dec 2025 07:03

(Sharecast News) - Budget airline Wizz Air carried 5.25 million passengers in November, an 8.6% increase year-on-year, with seat capacity rising 9.5% to 5.79 million.

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