News Archive

Costain secures £1bn contract with Sellafield

13th Oct 2025 07:53

(Sharecast News) - Costain announced on Monday that it has been selected by Sellafield as its utilities delivery partner, a major part of Sellafield's Infrastructure Delivery Partnership (IDP), in a contract worth up to £1bn.

Read more

IP Group 'encouraged' by Metsara obesity drug trial

13th Oct 2025 07:42

(Sharecast News) - IP Group said it is "encouraged" by the results of a recent clinical trial of a Metsara obesity drug, which could result in future sustainable royalties if approved by regulators.

Read more

William Hill owner Evoke to shut one in ten betting shops - report

13th Oct 2025 07:41

(Sharecast News) - William Hill owner Evoke is reportedly gearing up to shut about one in ten of its betting shops in the new year as it battles to reverse its fortunes.

Read more

Renew Holdings acquires Cheshire-based overhead lines specialist

13th Oct 2025 07:33

(Sharecast News) - Engineering services group Renew said on Monday that it had expanded into the "fast-growing" overhead line maintenance and repair market with its acquisition of Cheshire-based firm Emerald Power.

Read more

London close: FTSE ends up as trade worries ease; miners rally

13th Oct 2025 07:32

(Sharecast News) - London stocks ended in the black on Monday amid hopes of a de-escalation in the latest trade dispute between the US and China, with miners pacing the advance.

Read more

US tariffs weigh heavily on Oxford Instruments

13th Oct 2025 07:32

(Sharecast News) - Oxford Instruments confirmed a fall in first-half revenues on Monday, sending shares in the specialist technology firm sharply lower, after it was hit hard by US tariffs.

Read more

London pre-open: Stocks to edge up as trade war worries ease

13th Oct 2025 07:27

(Sharecast News) - London stocks were set to edge up at the open on Monday, as worries about US President Donald Trump's fresh tariff threats on China eased.

Read more

Monday newspaper round-up: IFS warning, crypto, housebuilders

13th Oct 2025 07:18

(Sharecast News) - Rachel Reeves must avoid "a half-baked dash for revenue" or risk damaging economic growth as the chancellor seeks to close a large gap in next month's budget, the Institute for Fiscal Studies has said. The tax and spending thinktank has warned there was a danger the chancellor would create "unnecessary economic damage" if she chooses to stitch together unrelated tax-raising measures to cut the shortfall in government revenues and keep within her fiscal rules. - Guardian

Read more

Lloyds hikes motor finance redress costs by £800m

13th Oct 2025 07:17

(Sharecast News) - Lloyds has announced it is putting aside a further £800m to cover compensation costs related to the motor finance mis-selling scandal.

Read more

Aptamer wins contract with 'top 10' repeat customer

13th Oct 2025 07:13

(Sharecast News) - Life sciences group Aptamer on Monday announced a new fee-for-service development contract with an unnamed top 10 global pharma company.

Read more

L&G names Scottish Widows' Scott Wheway as chairman

13th Oct 2025 07:06

(Sharecast News) - Financial services firm Legal & General revealed on Monday that Scott Wheway will succeed John Kingman as chairman following the group's next annual general meeting on 21 May 2026.

Read more

AstraZeneca to cut US drug prices in key White House deal

13th Oct 2025 07:01

(Sharecast News) - AstraZeneca has struck a deal with the White House to cut drugs prices in America, allowing it to avoid steep tariffs on US imports.

Read more

Sunday newspaper round-up: Autumn budget, Jonathan Powell, China tariffs, BMW, Lower Thames crossing, Israel ceasefire

12th Oct 2025 16:07

(Sharecast News) - Rachel Reeves has signalled the better off will be forced to "contribute more" as she prepares to raise taxes at the Budget. Treasury sources have said that the Chancellor will not cut spending on public services or significantly increase borrowing, as she looks to plug a £20-30bn black hole in the public finances. It will leave her with no option but to increase taxes substantially. Ms Reeves will argue that growth boosting reforms, such as a further loosening of planning rules, can avoid the need for tax rises on "working families". She will instead target those with higher incomes or more wealth, The Telegraph understands. Sources close to the Chancellor said: "She will be fair when asking those to contribute more to rebuild our public services." - Telegraph

Read more

US close: Stocks plummet as Trump reignites US-China trade tensions

10th Oct 2025 23:04

(Sharecast News) - A resurfacing of geopolitical tensions hammered US stocks on Friday, with volatility levels hitting their highest in six months after Donald Trump stepped up his protectionist trade measures against China, breaking a tariff truce that has been in place for months.

Read more

US consumer sentiment remains weak in October

10th Oct 2025 16:12

(Sharecast News) - US consumer sentiment remained weak in October, according to a preliminary survey released on Friday.

Read more