News Archive

Mitie upgrades full-year guidance, resumes shareholder returns

14th Oct 2025 08:11

(Sharecast News) - Mitie Group upgraded its full-year profit guidance and resumed shareholder returns with a new £100m buyback on Tuesday, after strong first-half growth driven by new contract wins and the acquisition of compliance services group Marlowe.

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Close Brothers lifts motor finance redress provision to £300m

14th Oct 2025 08:10

(Sharecast News) - https://www.sharecast.com/news/news-and-announcements/lloyds-hikes-motor-finance-redress-costs-by-pound800m--21030766.htmlClose Brothers said on Tuesday that it was increasing its motor finance redress provision to £300m following the Financial Conduct Authority's ruling on the scandal last week.

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THG reiterates outlook following bumper third quarter

14th Oct 2025 08:03

(Sharecast News) - THG confirmed full-year guidance on Tuesday, after strong demand for beauty advent calendars and an improving performance Stateside boosted third-quarter numbers.

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Bellway announces £150m share buyback as FY profits rise

14th Oct 2025 07:53

(Sharecast News) - Housebuilder Bellway announced the launch of a £150m share buyback on Tuesday as it reported a jump in full-year profit and revenue as completions grew despite "ongoing challenges" for the industry.

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Rio Tinto on track to hit 2025 production targets

14th Oct 2025 07:45

(Sharecast News) - Rio Tinto said it remains on track to hit production targets this year as it upgraded its bauxite guidance, though iron ore shipments in the third quarter were more or less flat.

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Europe open: Risk aversion sends Stoxx 600 to two-week low

14th Oct 2025 07:44

(Sharecast News) - European stocks fell to a two-week low on Tuesday, declining for the third time in four days, with heavy steep declines in Germany and Milan weighing heavily on the Stoxx 600.

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London pre-open: Stocks seen lower after Asian falls; UK jobs data in focus

14th Oct 2025 07:37

(Sharecast News) - London stocks were set to slump at the open on Tuesday following heavy falls in Asia, as investors mulled the latest UK jobs data and eyed key US bank earnings.

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BP flags higher third-quarter production

14th Oct 2025 07:27

(Sharecast News) - Energy major BP guided for higher third-quarter production on Tuesday, but flagged a weaker oil trading result and lower gas prices.

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German CPI confirmed at nine-month high in September

14th Oct 2025 07:24

(Sharecast News) - German inflation was confirmed at a nine-month high in September, with final estimates on Tuesday showing an increase in price pressures in line with the flash reading.

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Tuesday newspaper round-up: Greenpeace, Temu, Strava, Wayve

14th Oct 2025 07:21

(Sharecast News) - Greenpeace is threatening to sue King Charles's property management company, accusing it of exploiting its monopoly ownership of the seabed. The environmental lobby group alleges the crown estate has driven up costs for wind power developers and boosted its own profits, as well as the royal household's income, due to the "aggressive" way it auctions seabed rights. - Guardian

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Broker tips: Lancashire, Hiscox, Fevertree

14th Oct 2025 07:17

(Sharecast News) - RBC Capital Markets downgraded Lancashire Holdings to 'underperform' from 'outperform' on Tuesday and cut the price target to 600p from 750p as it argued that consensus was at risk.

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GSK shingles vaccine approved for expanded use in China

14th Oct 2025 07:07

(Sharecast News) - Pharma giant GSK has received regulatory approval in China to expand the use of its Shingrix shingles vaccine, the company announced on Tuesday.

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UK unemployment rate ticks higher in August

14th Oct 2025 07:00

(Sharecast News) - UK unemployment ticked higher in August, official statistics showed on Tuesday, by slightly more than expected, while private sector wage growth softened.

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US close: Stocks partially rebound as Trump de-escalates China trade tensions

13th Oct 2025 21:29

(Sharecast News) - Reassuring words from Donald Trump following his recent trade spat with China prompted big gains on US markets on Monday, though stocks only partially rebounded after the huge sell-off on Friday.

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Europe close: Stocks rise as US-China trade tensions ease

13th Oct 2025 16:29

(Sharecast News) - European stocks edged higher on Monday as investors regained some composure following sharp losses in the previous session, after US president Donald Trump moved to calm escalating trade tensions with China.

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