London close: Stocks still positive after US inflation reading
27th Nov 2024 15:06
(Sharecast News) - London markets posted modest gains on Wednesday, following a key US inflation reading that showed relative stability in price rises in October.
Read moreBT Group's Marc Allera to step down
27th Nov 2024 10:59
(Sharecast News) - Telecommunications giant BT Group revealed on Wednesday that Marc Allera will step down as chief executive of its consumer division.
Read moreLondon close: Stocks mixed ahead of UK inflation, Nvidia results
19th Nov 2024 16:47
(Sharecast News) - London's equity markets closed with a mixed performance on Tuesday, as investors remained cautious ahead of the latest UK inflation data and closely watched US corporate earnings from Nvidia.
Read moreBT Group gains as Bharti completes acquisition of 24.5% stake
19th Nov 2024 11:47
(Sharecast News) - BT Group gained on Tuesday after India's Bharti Global completed the acquisition of a 24.5% stake in the telecoms company from France's Altice.
Read moreBT lowers FY revenue guidance
7th Nov 2024 09:11
(Sharecast News) - Telecommunications giant BT downgraded its full-year revenue guidance on Thursday, pointing to both its non-UK operations and a "competitive retail environment" as the cause.
Read moreBT said to explore sale of Radianz unit
28th Oct 2024 07:37
(Sharecast News) - BT Group is reportedly working with investment bankers on a possible sale of its Radianz unit as part of chief executive Allison Kirkby's plan to simplify the UK telecoms group.
Read moreBT sets up new fund to boost apprenticeships across England
23rd Sep 2024 07:30
(Sharecast News) - BT is investing £4m of its apprenticeship levy reserves to launch a new Apprenticeship Fund, designed to support SMEs, charities and public-sector organisations across England.
Read moreMexican billionaire Carlos Slim ups stake in BT Group
3rd Sep 2024 10:40
(Sharecast News) - Mexican billionaire Carlos Slim has increased his stake in BT Group, it emerged on Tuesday.
Read moreLondon close: Stocks manage gains ahead of Fed minutes
21st Aug 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday on a positive note amid a robust performance from the mining sector, as investors digested a US nonfarm payrolls revision and UK borrowing figures.
Read moreJPMorgan stays positive on BT, downplays Sky deal with CityFibre
21st Aug 2024 08:22
(Sharecast News) - JPMorgan has reiterated its 'outperform' rating on BT Group despite competition concerns hitting the stock following the announcement that Sky has signed a wholesale deal with CityFibre.
Read moreLondon close: Stocks finish lower as oil prices retreat
20th Aug 2024 15:33
(Sharecast News) - London's stock markets ended the day in negative territory on Tuesday, pressured by declines in energy stocks as oil prices fell.
Read moreBT Group slides as CityFibre strikes deal with Sky
20th Aug 2024 09:26
(Sharecast News) - BT Group slumped on Tuesday after competitor CityFibre announced a long-term broadband partnership with Sky.
Read moreBT Group welcomes Bharti Global's purchase of Altice's stake in carrier
12th Aug 2024 07:15
(Sharecast News) - BT Group welcomed news that Bharti Global had acquired Altice UK's 24.5% stake in the telecoms carrier.
Read moreSunday newspaper round-up: Taxes, BT, Taylor Swift
11th Aug 2024 10:59
(Sharecast News) - The Chancellor has ordered cabinet ministers to search for cost-cutting reforms and to gird themselves for difficult choices over government spending. It is understood that Rachel Reeves still requires £16bn to close an estimated £22bn financing gap. Taxes on capital gains, pension contributions relief and inheritances are all being considered as possible avenues to raise funds. The Chancellor however does not dismiss the possibility of tweaks to fiscal rules that would allow her to invest slightly more. - Guardian
Read moreLondon close: Stocks mixed on tsunami of updates, US GDP data
25th Jul 2024 15:27
(Sharecast News) - London stocks closed with mixed results on Thursday as investors processed faster-than-anticipated economic growth in the United States, following a heavy flow of corporate announcements earlier in the day.
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