News Archive
Chancellor hikes taxes by £26bn in long-awaited Budget
26th Nov 2025 11:16
(Sharecast News) - Rachel Reeves upped taxes and scrapped the two-child welfare cap on Wednesday, as she unveiled her long-awaited and much-leaked Budget to Parliament - less than an hour after it was accidentally published by the government's fiscal watchdog.
Read moreEurope midday: US rate cut hopes boost sentiment
26th Nov 2025 11:16
(Sharecast News) - European shares were higher on Wednesday as investors increased bets on a US rate cut next month and eyed the UK government's Budget, widely expected to raise billions in taxes to plug a large gap in public finances.
Read moreLondon midday: FTSE gains ahead of Budget
26th Nov 2025 10:38
(Sharecast News) - London stocks were in the black by midday on Wednesday, with all eyes on the long-awaited Budget after a series of leaks and U-turns that has kept investors on edge.
Read moreJefferies sees major upside at Senior after recent falls
26th Nov 2025 09:35
(Sharecast News) - Jefferies has raised its target price for Senior despite the recent pullback in the stock following last week's trading update, predicting further upside from current prices.
Read moreAsia report: Markets mostly higher as RBNZ cuts rates
26th Nov 2025 09:34
(Sharecast News) - Asia-Pacific equity markets advanced on Wednesday, mirroring gains on Wall Street as investors grew more confident that the US Federal Reserve could cut interest rates in December.
Read moreSeeing Machines secures $11.6m of new automotive contracts
26th Nov 2025 09:34
(Sharecast News) - Seeing Machines announced on Wednesday that it has secured fresh automotive contracts worth a combined $11.6m, strengthening its position in Europe and marking its first award in Japan with Mitsubishi Electric Mobility Corporation.
Read moreInflation expectations track lower - Citi/YouGov
26th Nov 2025 09:31
(Sharecast News) - UK inflation expectations fell in November, research showed on Wednesday, adding further weight to the prospect of another interest rate cut.
Read moreMobico on track to recach lower end of profit guidance
26th Nov 2025 09:25
(Sharecast News) - Mobico Group said in an update on Wednesday that it remains on track to meet its full-year profit guidance, despite weaker trading in the UK, as it presses ahead with a large-scale cost reduction programme and opts not to redeem its perpetual bond.
Read moreMobico on track to recach lower end of profit guidance
26th Nov 2025 09:25
(Sharecast News) - Mobico Group said in an update on Wednesday that it remains on track to meet its full-year profit guidance, despite weaker trading in the UK, as it presses ahead with a large-scale cost reduction programme and opts not to redeem its perpetual bond.
Read moreStrix CEO to depart in 2026 amid debt‑cutting drive
26th Nov 2025 09:07
(Sharecast News) - Kettle safety controls manufacturer Strix revealed on Wednesday that chief executive Mark Bartlett would step down in May 2026 after nearly two decades with the firm and more than ten years in the top job.
Read moreCake Box revenue rises despite 'challenging' consumer environment
26th Nov 2025 08:13
(Sharecast News) - Cake Box reported a sharp increase in revenue in the first half of its financial year on Wednesday, supported by organic growth, new store openings and the initial contribution from recently acquired Ambala Foods, although higher interest costs weighed on profits.
Read moreAuction Technology confident despite slide into the red
26th Nov 2025 08:01
(Sharecast News) - Auction Technology Group reaffirmed guidance on Wednesday, despite swinging into the red, after the current year got off to a "robust" start.
Read moreSpeedy Hire shares jump on bullish outlook
26th Nov 2025 08:00
(Sharecast News) - Tool and equipment rental group Speedy Hire delivered an upbeat outlook on Wednesday despite swinging to a loss in the first half, hailing the recent "transformational" deal with HSS Hire which should add up to £55m in annualised revenues.
Read moreThursday preview: Pennon, Halfords results in focus
26th Nov 2025 07:58
(Sharecast News) - With all the excitement - and dread - of the Budget out of the way and US markets closed for the Thanksgiving holiday, Thursday looks set to be fairly quiet.
Read moreLondon open: FTSE edges up ahead of long-awaited Budget
26th Nov 2025 07:57
(Sharecast News) - London stocks edged higher in early trade on Wednesday, with all eyes on the long-awaited Budget after a series of leaks and U-turns that have kept investors on edge.
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