London close: Stocks mixed as PM Starmer names his Cabinet
5th Jul 2024 16:35
(Sharecast News) - London's stock markets ended the week on a mixed note on Friday, after a subdued response to Labour's general election victory, although housebuilders and the more domestically-focussed FTSE 250 made gains.
Read moreUK housebuilders surge on Labour victory
5th Jul 2024 07:49
(Sharecast News) - Shares in UK housebuilders jumped on Friday, on hopes that the new Labour government would reinvigorate the sector.
Read moreLondon close: Stocks mixed as UK inflation slows to BoE target
19th Jun 2024 15:25
(Sharecast News) - London stocks ended the day with mixed results on Wednesday, as new data indicated a decrease in annual consumer price inflation, aligning with the Bank of England's target of 2% for May.
Read moreBerkeley lifts outlook amid improving market conditions
19th Jun 2024 07:19
(Sharecast News) - UK housebuilder Berkeley lifted its earnings outlook by 5% for the current financial year amid tough trading conditions and unveiled plans to enter the London rental market.
Read moreWednesday preview: UK CPI, Berkeley Group Holdings in focus
18th Jun 2024 09:38
(Sharecast News) - Investor focus in the middle of the week will be on the cost of living in the UK.
Read moreBerenberg upgrades Taylor Wimpey to 'buy'
5th Jun 2024 12:00
(Sharecast News) - Berenberg has upgraded Taylor Wimpey to 'buy' following a review of UK housebuilders ahead of next month's general election.
Read moreLondon close: Stocks mixed as data shows UK GDP growth
12th Apr 2024 14:45
(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.
Read moreRBC Capital upgrades Taylor Wimpey, downgrades Berkeley
12th Apr 2024 09:11
(Sharecast News) - RBC Capital Markets upgraded Taylor Wimpey on Friday but downgraded Berkeley as it took a look at the two UK housebuilders.
Read moreJPMorgan 'repositioning for a recovery' as it upgrades host of housebuilders
12th Apr 2024 07:49
(Sharecast News) - JPMorgan Cazenove upgraded a host of names in the housebuilding sector on Friday as it said it was "repositioning for a recovery".
Read moreBerkeley reiterates full-year guidance
15th Mar 2024 07:01
(Sharecast News) - Berkeley Group reiterated its full-year outlook on Friday and said it had secured the bulk of sales for the next financial year.
Read moreFriday preview: US inflation data, Berkeley Group in focus
14th Mar 2024 13:19
(Sharecast News) - Inflation data in the U.S. will continue to be in focus at the end of the week.
Read moreLondon close: Stocks fall as investors look to US data
26th Feb 2024 15:11
(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.
Read moreUK housebuilders face CMA probe over info sharing, home quality
26th Feb 2024 07:52
(Sharecast News) - Britain's competition watchdog has started an investigation into eight housebuilders over evidence they may have been sharing information which could be harming competition in the sector and influencing prices.
Read moreSunday newspaper round-up: Currys, Barclays, Homebuilders
18th Feb 2024 23:26
(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph
Read moreMorgan Stanley double upgrades Persimmon to 'overweight'
19th Jan 2024 09:46
(Sharecast News) - Morgan Stanley upgraded its stance on Persimmon on Friday as it took a look at the UK housebuilding sector.
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