News Archive

Europe open: Stocks plunge as Trump starts global trade war

3rd Apr 2025 07:40

(Sharecast News) - Trading screens were a sea of red as European markets plunged at the open as US President Donald Trump ignited a global trade war.

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Chapel Down earnings drop, but 'strong' sales growth expected

3rd Apr 2025 07:32

(Sharecast News) - English wine producer Chapel Down saw a big drop in profits in 2024 due to falling revenues and a fair value adjustment on biological produce, but said it expects "strong" sales growth in 2025.

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Thursday newspaper round-up: Tax increases, Jes Staley, Barclay family

3rd Apr 2025 07:29

(Sharecast News) - Rachel Reeves has defended the £40bn in tax increases in autumn's budget as businesses brace for their impact, saying NHS waiting lists would now be higher if she had not taken action. Employers are set for a £25bn increase in national insurance contributions (NICs), which comes into force on 6 April, at the same time as consumers are being hit by a slew of increases in bills for everything from utilities to car tax. - Guardian

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Primary Health Properties offers £1.5bn to merge with Assura

3rd Apr 2025 07:27

(Sharecast News) - Real estate investment group Primary Health Properties has made a £1.5bn proposal to merge with Assura, the developer and manager of GP and primary care buildings.

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Coats to shut down US yarns factory after strategic review

3rd Apr 2025 07:25

(Sharecast News) - Coats Group said it is planning to close its North Carolina yarns facility based after a strategic review.

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America pushes trade tariffs back to 1930s level

3rd Apr 2025 07:16

(Sharecast News) - America moved ahead with trade tariffs that some described as a "worst case scenario".

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Currys lifts FY guidance on 'robust' sales

3rd Apr 2025 07:03

(Sharecast News) - Shares in Currys surged on Thursday as the electrical retailer lifted annual earnings guidance after "robust" trading since the start of the year, including a return to growth at its troubled Nordics division.

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Frasers ups stake in Hugo Boss

3rd Apr 2025 07:00

(Sharecast News) - Mike Ashley's acquisitive Frasers Group has further upped its stake in German fashion brand Hugo Boss.

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FTSE 100 movers: Rolls-Royce, GSK pace losses

2nd Apr 2025 23:25

(Sharecast News) - Rolls-Royce, GSK and Melrose Industries were among the worst performers.

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US close: Stocks higher, Trump unveils 'Liberation Day' tariffs

2nd Apr 2025 21:56

(Sharecast News) - Major indices closed higher on Wednesday as investors braced for Donald Trump's so-called 'Liberation Day' tariff announcements after the close.

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Broker tips: Rathbones, Travis Perkins

2nd Apr 2025 16:02

(Sharecast News) - RBC Capital Markets upgraded Rathbones on Wednesday to 'outperform' from 'sector perform' and lifted the price target to 2,000p from 1,850p, citing underappreciated growth and attractive capital return prospects.

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Director dealings: Likewise CEO lowers stake

2nd Apr 2025 15:50

(Sharecast News) - Likewise revealed on Wednesday that chief executive Tony Brewer had disposed of 1.0m ordinary shares in the AIM-listed floorings retailer.

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US open: Stocks lower ahead of tariff announcement

2nd Apr 2025 15:13

(Sharecast News) - Major indices were in the red at the opening bell as investors patiently awaited Donald Trump's so-called 'Liberation Day' tariff announcements.

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London close: Stocks mixed ahead of Trump's tariff announcement

2nd Apr 2025 14:47

(Sharecast News) - London stocks ended Wednesday on a mixed note, with investors reacting cautiously to geopolitical developments, particularly US president Donald Trump's looming announcement of reciprocal tariffs.

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Gattaca reports steady financial performance amid tough market

2nd Apr 2025 14:46

(Sharecast News) - Gattaca reported a steady financial performance for the six months ended 31 January on Wednesday, with the group confirming it remained on track to meet full-year market expectations despite macroeconomic pressures continuing to weigh on the recruitment sector.

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