British Land signs Wi-fi deal with BT
9th May 2013 07:02
British Land has signed a deal with BT to enable its customers to access free Wi-fi at its shopping centres. It has also agreed to work with BT to find a solution to deliver a robust wi-fi offering at a number of its open air shopping parks. The group said the decision follows the successful trials
Read moreLondon pre-open: Slight decline expected ahead of BoE decision
9th May 2013 06:56
City sources predict the FTSE 100 will open down three points from yesterday's close of 6,583, as investors balance strong gains in the US with declines seen overnight in China on the back of rising consumer prices, ahead of an interest rate decision from the Bank of England (BoE). The BoE is not
Read moreFTSE 100 movers: Miners lead the risers
4th Apr 2013 15:36
Mining companies were on the rise after Tradenext highlighted opportunities for potential upside in the sector following the sell-off in recent weeks, though these opportunities are high risk, the broker warned. AMEC, the consultancy, engineering and project management outfit, was higher after rep
Read moreLondon midday: Markets flat as BoE holds fire, traders await ECB
4th Apr 2013 11:19
The FTSE 100 was little changed by Thursday lunchtime as the Bank of England (BoE) voted to monetary policy on hold, as all eyes turn to the European Central Bank (ECB) ahead of its policy decision in the coming hours. Traders also had to digest a number of mixed economic indicators this morning, w
Read moreLondon open: Markets cautious ahead of central bank meetings
4th Apr 2013 08:45
Markets opened slightly lower in London on Thursday despite a much-welcome boost for the Japanese economy announced overnight, as investors kept their powder dry ahead of policy decisions from the Bank of England (BoE) and the European Central Bank (ECB) this afternoon. The Bank of Japan (BoJ) anno
Read moreBritish Land steps up London investment programme
4th Apr 2013 07:25
British Land has bought out joint-venture partner Tesco in the Surrey Quays Shopping Centre in an attempt to accelerate its investment programme in London and the South East. The property giant now owns the whole of the 300,000 square-foot retail asset in Canada Water after purchasing Tesco's 50% h
Read moreLondon close: Stocks weighed down by Eurozone concerns
27th Mar 2013 17:31
Political wrangling in Italy and uncertainty in Cyprus resulted in a volatile day for London's FTSE 100 index on Wednesday, though stocks bounced well off their lows in afternoon trade. The Footsie dropped to an intraday low of 6,344 at midday, but had recovered to 6,388 by the close, tracking a sl
Read moreLondon midday: Stocks fall on concerns over Italy and Cyprus
27th Mar 2013 11:52
Worries about Italy and Cyprus weighed heavily on stock markets on Wednesday morning as the Eurozone crisis showed no signs of abating. The political impasse in Italy has continued with centre-left leader Pier Luigi Bersani failing to persuade Silvio Berlusconi's centre-right party to support a min
Read moreWednesday broker round-up UPDATE
27th Mar 2013 08:52
Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation
Read moreLondon open: TUI Travel leads markets higher early on
27th Mar 2013 08:28
UK stocks edged higher on Wednesday morning with TUI Travel leading the rise after a decent first-half trading update, as markets tracked gains on US and Asian benchmarks overnight. Better-than-expected durable-goods orders and home prices Stateside lifted sentiment on Wall Street yesterday, pushin
Read moreLondon pre-open: FTSE to drop lower as Cypriot crisis rumbles on
22nd Mar 2013 07:28
City sources predict the FTSE 100 will open down 21 points from yesterday's close of 4,389, tracking declines seen in the US overnight as investors await further news on Cyprus. US stocks fell the most they had in almost a month on Thursday, as weaker-than-expected data out from the Eurozone and c
Read moreBritish Land confirms plans to relocate HQ for The Kennel Club
22nd Mar 2013 07:13
Property group British Land has exchanged agreements with The Kennel Club confirming terms to relocate and develop a new headquarters for the Club in Clarges Street, facilitating the company's plans to redevelop the entire site to create a landmark mixed use scheme. Since British Land's purchase o
Read moreThursday broker round-up UPDATE
14th Mar 2013 07:11
Amara Mining: After having been under review, Cantor Fitzgerald reinitiates coverage with a price target of 81p and a buy recommendation. Antofagasta: Citigroup shifts target price from 990p to 1000p, but retains its sell recommendation. Ashtead Group: Investec raises target price from 475p to 700
Read moreWednesday broker round-up UPDATE
13th Mar 2013 08:28
Afren: UBS raises target price from 160p to 200p and reiterates a buy recommendation. African Barrick Gold: Westhouse Securities reduces target price from 255p to 195p and keeps a sell recommendation. Antofagasta: Deutsche Bank lowers target price from 1260p to 1150p, while staying with its hold r
Read moreLondon close: Stocks gain as markets shrug off gloomy production data
12th Mar 2013 16:52
In spite of some dismal production data from the UK, the FTSE 100 finished Tuesday's session slightly higher as the benchmark index continues to set fresh five-year highs. Copper producer Antofagasta was providing a lift in London, rising on the back of its strong 2012 results, while IAG gained on
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