News Archive
Wizz Air July passenger numbers rise 6.8%
4th Aug 2025 07:51
(Sharecast News) - Budget carrier Wizz Air reported a 6.8% year on year increase in passenger numbers, although its load factor was hit by Israel's war on Gaza.
Read moreLloyds keeps £1.2bn motor finance provision under review after Supreme Court ruling
4th Aug 2025 07:43
(Sharecast News) - Lloyds Banking Group surged on Monday after the Supreme Court ruled largely in favour of banks in the car finance case, as it said it will keep its £1.2bn provision under review but that it was unlikely there would be any material changes.
Read morePRS REIT estimated rental values grow in Q4
4th Aug 2025 07:37
(Sharecast News) - Real estate investment trust PRS REIT said on Monday that its estimated rental value had grown in the three months ended 30 June, up 3.44% quarter-on-quarter at £72m.
Read moreBP announces significant discovery at offshore Brazil well
4th Aug 2025 07:30
(Sharecast News) - BP has announced its tenth oil and gas discovery of the year after drilling at the Bumerangue prospect in the deepwater offshore Brazil.
Read moreMonday newspaper round-up: High street banks, right-to-buy scheme, John Lewis
4th Aug 2025 07:24
(Sharecast News) - High street banks across the UK have lost the equivalent of £100bn in savings as more customers turned from traditional lenders towards online banks and building societies, figures show. Experts at KPMG said rival banks - including new challenger banks, specialist lenders and building societies - had lured customers away from incumbent banking groups with higher savings rates. The traditional banks' market share in deposits dropped from 84% in 2019 to 80% in 2024, it added. - Guardian
Read moreClose Brothers surges after Supreme Court motor finance ruling
4th Aug 2025 07:19
(Sharecast News) - Close Brothers shares were surging on Monday morning, after the Supreme Court overturned a Court of Appeal ruling that threatened to expose lenders to billions in compensation over mis-sold car finance commissions.
Read moreAuction Technology Group acquires US-based marketplace
4th Aug 2025 07:09
(Sharecast News) - Online marketplace operator Auction Technology Group said on Monday that it has acquired Chairish, a US-based marketplace for vintage furniture and art.
Read moreUS tariffs, economic gloom continue to hit Clarkson
4th Aug 2025 07:02
(Sharecast News) - Shipping broker Clarkson reported weaker interim earnings as US tariffs and an uncertain economic environment continued to hit freight rates.
Read moreSunday newspaper round-up: LSE, Metlen, Bank of England
3rd Aug 2025 12:30
(Sharecast News) - Euronext is open to scooping up the London stock market should the latter be placed on the auction block. The comments by Euronext boss Stephane Boujnah follow a recent offer by his firm to acquire the Athens Stock Exchange. It also comes in the wake of a takeover frenzy in the City. Boujnah highlighted the London Stock Exchange Group's shift towards data and analytics since its acquisition of rival Refinitiv. - Financial Mail on Sunday
Read moreEurope close: Fresh US trade tariffs, weak jobs data knock stocks lower
3rd Aug 2025 12:28
(Sharecast News) - European shares were a sea of red at the end of the week after US President Donald Trump announced overnight the latest raft of tariffs in his trade war with the rest of the world.
Read moreUS close: Stocks sink sharply on Trump tariffs, weak data
1st Aug 2025 22:10
(Sharecast News) - A barrage of weak economic data and the announcement of a whole new set of US import tariffs weighed heavily on Wall Street on Friday, with stocks finishing the week with heavy losses.
Read moreLondon close: Stocks fall on Trump's latest tariffs, US jobs data
1st Aug 2025 17:37
(Sharecast News) - London stocks ended the week lower on Friday as investors reacted to a fresh wave of US tariffs and disappointing economic data from the United States.
Read moreColgate-Palmolive tops Q2 forecasts, unveils restructuring programme
1st Aug 2025 15:50
(Sharecast News) - American consumer products giant Colgate-Palmolive beat analysts' estimates with improved second-quarter results, though the stock flatlined after the company delivered a cautious outlook and announced a new restructuring programme.
Read moreSpectris agrees to Advent takeover as it trumps KKR offer
1st Aug 2025 15:19
(Sharecast News) - Precision instrument maker Spectris has agreed to be bought by Advent International after it trumped an offer from US investment firm KKR.
Read moreUS construction spending edges lower in June
1st Aug 2025 15:13
(Sharecast News) - US construction spending edged lower in June, according to the Census Bureau, with declines in private construction offsetting a modest increase in public project spending.
Read more