News Archive

BP boss O'Neill to unveil new strategy as profits jump

13th Oct 2026 09:39

(Sharecast News) - BP shares were higher on Tuesday as the oil major revealed that new boss Meg O'Neill will present an updated strategy for the company in December, just eight months after taking the reins.

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UK grocery inflation ticks up to 2.5%

13th Oct 2026 09:18

(Sharecast News) - UK grocery inflation ticked higher in the four weeks to 4 October, as shoppers sought autumn staples, according to figures released on Tuesday by Worldpanel by Numerator.

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Landsec acquires further 10pc stake in Bluewater Shopping Centre

13th Oct 2026 08:55

(Sharecast News) - Commercial property development and investment firm Landsec said on Tuesday that it has acquired a further 10% stake in Bluewater Shopping Centre, taking its ownership of the Kent retail destination to 74%.

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IMF lifts global growth forecasts but says conflicts, energy prices will weigh

13th Oct 2026 08:45

(Sharecast News) - The International Monetary Fund on Tuesday lifted its global growth forecast slightly for 2026 on the back of artificial intelligence investment but said wars and higher energy prices would weigh on progress.

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London open: FTSE rallies as investors brace for US bank earnings

13th Oct 2026 08:13

(Sharecast News) - London stocks rose in early trade on Tuesday as investors braced for a slew of US bank earnings.

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London open: FTSE rallies as investors brace for US bank earnings

13th Oct 2026 08:13

(Sharecast News) - London stocks rose in early trade on Tuesday as investors braced for a slew of US bank earnings.

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Michael Page returns to growth in Q3

13th Oct 2026 08:11

(Sharecast News) - Recruiter Michael Page backed its full-year expectations on Tuesday as it returned to growth in the third quarter thanks to strong performances from the Americas and Asia Pacific.

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Whitbread H1 profit hit by turnaround costs but FY outlook backed

13th Oct 2026 07:53

(Sharecast News) - Whitbread reported a fall in first-half profit on Tuesday as it took a hit from costs associated with its strategic review and 'Accelerating Growth Plan', but the Premier Inn owner backed its outlook for the year.

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German September inflation confirmed at 3.3%

13th Oct 2026 07:46

(Sharecast News) - German inflation was confirmed at 3.3% in September, according to the federal statistics office.

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Europe open: Shares up despite Asia tech sell-off on AI worries

13th Oct 2026 07:44

(Sharecast News) - European shares made a strong start on Tuesday despite a heavy tech sell-off in Asia overnight amid persistent concerns over the actual strength of the artificial intelligence sector.

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Berenberg hikes target prices on Serco and Mears

13th Oct 2026 07:34

(Sharecast News) - Berenberg said Serco and Mears should be the next beneficiaries of renewed interest in the UK outsourcing sector, lifting its target prices on both stocks after the Mitie takeover highlighted what it sees as a clear valuation opportunity.

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London pre-open: Stocks to gain as investors eye US bank earnings

13th Oct 2026 07:30

(Sharecast News) - London stocks were set to gain at the open on Tuesday as investors braced for a slew of US bank earnings.

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Balfour Beatty sells Gammon stake for £250m

13th Oct 2026 07:21

(Sharecast News) - Balfour Beatty has agreed to sell its 50% interest in Hong Kong-based contractor Gammon Construction to joint venture partner Jardine Matheson Holdings for £250m in cash.

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Bellway sees lower margins, completions as mortgage rates rise

13th Oct 2026 07:20

(Sharecast News) - UK housebuilder Bellway said it expected to complete fewer homes in the current fiscal year and deliver lower margins amid weak demand and a lower order book.

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Reach revenues fall 14pc in Q3 as digital disruption deepens

13th Oct 2026 07:18

(Sharecast News) - Publisher Reach said on Tuesday that third‑quarter trading remained under pressure, with group revenues down 14.1% year‑on‑year, as industry‑wide disruption to digital referrals continued to weigh heavily on performance.

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