London midday: Miners limits downside, but stocks still lower on Greek woes
9th Feb 2015 12:07
UK stocks dropped on Monday morning but had erased some of their losses by lunchtime, as miners were supported by hopes of stimulus measures in China. The FTSE 100 was down 0.7% at 6,809 by midday, but had bounced after having fallen as much as 1% to an intraday low of 6,777.99 earlier on. Ongoing
Read moreUBS concerned for BT and Sky as Premier League auction heads for second round
9th Feb 2015 10:20
Concerns about overpaying for Premier League (EPL) broadcast rights were weighing on shares BT and Sky on Monday, amid reports that the auction could be heading for a second round and with a third bidder. The two companies are going head-to-head in the battle for the 2016/2017 to 2018/2019 seasons,
Read moreCharles Stanley downplays importance of Premier League rights for Sky
6th Feb 2015 10:52
Sky was in focus on Friday as the auction for Premier League rights kicks off, though Charles Stanley said it was "sanguine" about the possibility of rival BT coming out on top. Friday's auction covers the three seasons starting from 2016/2017. Sky currently shows 116 matches each season at a cost o
Read moreLondon close: Stocks end slightly higher despite mixed Eurozone news
5th Feb 2015 17:20
Mixed newsflow from the Eurozone kept financial markets busy on Thursday, though a late rally pushed UK stocks into positive territory by the close. London's FTSE 100 finished the day up just 0.1% at 6,866, but had bounced strongly after hitting an intraday low of 6,808.19. The European Central Ban
Read moreFTSE 100 movers: BT higher on EE takeover Easyjet nosedives on weak passenger numbers
5th Feb 2015 14:55
BT surged after confirming reports it has settled on terms of its acquisition of EE from Deutsche Telekom and Orange, saying it will be spending £12.5bn on the UK mobile network. The deal will be financed by new debt and a £1bn placing of its shares and will result in Deutsche Telekom and Orange tak
Read moreLondon midday: Stocks retreat as Greek concerns rise
5th Feb 2015 12:08
UK stocks fell for a second day on Thursday as optimism surrounding the situation in Greece began to fade and a raft of corporate earnings and updates received a mixed reaction from the market. London's FTSE 100 was down 0.4% at 6,830 by midday, though had bounced off a low of 6,808.19 reached early
Read moreLondon open: UK stocks fall as Greek optimism fades, corporate earnings mixed
5th Feb 2015 09:09
UK stocks declined on Thursday as newsflow from Greece prompted an element of caution on financial markets, as the FTSE 100 continued to retreat from a five-month high. London's blue chip index was down 0.4% at 6,836 early on, with updates from a number of blue chips receiving a mixed reaction from
Read moreLondon pre-open: Weak start expected as Greek concerns mount
5th Feb 2015 07:28
Optimism surrounding Greece, which sent UK markets to a five-month high earlier this week, quickly faded on Thursday with stocks expected to drop early on. The cautious start also comes ahead of a monetary policy decision in the UK, with a statement from the Bank of England due out at noon. City so
Read moreBT confirms terms of £12.5bn EE takeover, equity placing
5th Feb 2015 07:18
BT has confirmed reports it has settled on terms of its acquisition of EE from Deutsche Telekom and Orange, saying it will be spending £12.5bn on the UK mobile network. BT has been in exclusive talks since December with Deutsche Telekom and Orange about buying Britain's largest mobile network in a m
Read moreThursday newspaper round-up: BT buys EE, Starbucks profits, Rising wages
5th Feb 2015 05:15
BT has finalised a £12.5bn deal to purchase EE from Deutsche Telecom and Orange, according to The Telegraph. Talks have been taking place since December and reports claim an agreement was reached Wednesday night. Starbucks reported a profit in Britain for the first time in 17 years, wrote The Times.
Read moreBT set to acquire EE in £12.5bn deal
4th Feb 2015 17:36
Telecom giant BT has completed the acquisition of mobile operator EE from Deutsche Telekom and Orange for £12.5bn. According to sources cited by the Financial Times, a process of due diligence has been completed without any issue and the British telecom group is expected to officially announce the d
Read moreSunday newspaper round-up: Lloyds, BT, Standard Chartered
1st Feb 2015 13:33
Lloyds Banking Group is preparing to pay a dividend for the first time since it was bailed out by taxpayers, the Sunday Telegraph reported. The board will sign off the group's annual results and then ask the Bank of England permission to pay a dividend before announcing results on February 27th. Llo
Read moreLondon close: UK stocks sink on Eurozone deflation, US GDP
30th Jan 2015 16:39
Macro concerns weighed on UK stock markets on Friday after Eurozone consumer prices fell more than forecasts and the rate of US economic growth slowed sharply. London's FTSE 100 finished the session down 0.9% at 6,749, ending at its lowest close since 21 January. The Eurozone fell further into defl
Read moreBroker tips: IAG, BT Group, Imperial Tobacco
30th Jan 2015 12:42
IAG was in focus on Friday after the revelation that Qatar Airways had purchased a 9.99% stake in the airline, though broker Liberum reckons that a full takeover of the Anglo-Spanish group is "highly unlikely". The broker said a bid for the whole company is not likely to happen "due to the ownership
Read moreBroker tips: IAG, BT Group, Imperial Tobacco
30th Jan 2015 12:42
IAG was in focus on Friday after the revelation that Qatar Airways had purchased a 9.99% stake in the airline, though broker Liberum reckons that a full takeover of the Anglo-Spanish group is "highly unlikely". The broker said a bid for the whole company is not likely to happen "due to the ownership
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