Sunday newspaper round-up: Stamp duty, Wind energy, Metro Bank
31st Mar 2024 19:06
(Sharecast News) - Investment companies are calling on government to bin the stamp duty on share trading in order to revive the London stock market and the country's economy. The bosses at Abrdn, AJ Bell, Hargreaves Lansdown and Interactive Investor all told The Mail on Sunday that politicians must pledge to ditch the tax. According to Abrdn's Stephen Bird, the levy was unpatriotic and economically destructive. Removing it might be the single biggest boost to UK share ownership, he said. - The Financial Mail on Sunday
Read moreLondon close: Stocks finish firmer ahead of Easter break
28th Mar 2024 16:08
(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.
Read moreLondon close: Stocks finish positive as US inflation moderates
29th Feb 2024 16:05
(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.
Read moreDirector dealings: Hargreaves Lansdown chair raises stake
27th Feb 2024 16:00
(Sharecast News) - Hargreaves Lansdown revealed on Tuesday that chairperson Alison Platt had acquired 18,696 ordinary shares in the FTSE 250-listed financial services company.
Read moreLondon close: Stocks rise amid raft of solid earnings
22nd Feb 2024 16:26
(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.
Read moreDeutsche Numis lowers target price on Hargreaves Lansdown
22nd Feb 2024 12:31
(Sharecast News) - Analysts at Deutsche Numis lowered their target price on financial services giant Hargreaves Lansdown from 1,043.0p to 996.0p on Thursday despite the firm's interim results coming in "a little ahead".
Read moreHargreaves Lansdown net new business slides in first half
22nd Feb 2024 09:11
(Sharecast News) - Hargreaves Lansdown reported a 6% rise in assets under administration in its half-year results on Thursday, reaching a record high of £142.2bn by 31 December, compared to £127.1b a year earlier.
Read moreCiti puts AJ Bell and Hargreaves Lansdown on 'negative catalyst watch'
5th Jan 2024 08:56
(Sharecast News) - Citi has placed AJ Bell and Hargreaves Lansdown on "negative catalyst watch" as part of its review of the European diversified and specialty finance sector.
Read moreLondon close: Stocks slip as investors digest US inflation
12th Dec 2023 16:00
(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.
Read moreLondon midday: FTSE still firmer ahead of US inflation print
12th Dec 2023 12:07
(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.
Read moreHargreaves, AJ Bell tumble as FCA warns on 'double dipping'
12th Dec 2023 08:27
(Sharecast News) - AJ Bell announced a package of pricing changes on Tuesday which it said will benefit its customers by around £14m a year.
Read moreHargreaves Lansdown chair steps down amid shareholder backlash
29th Nov 2023 07:13
(Sharecast News) - Hargreaves Lansdown has announced that chair Deanna Oppenheimer is to step down from the board after six years following mounting pressure from shareholders calling for her exit.
Read moreHargreaves Lansdown investors urged to vote against chair re-election
28th Nov 2023 10:22
(Sharecast News) - The non-executive chair of Hargreaves Lansdown, Deanna Oppenheimer, is expected to face a shareholder backlash at the financial services company's annual general meeting (AGM) in December.
Read moreICG to replace Hargreaves Lansdown on FTSE 100 in latest reshuffle
22nd Nov 2023 12:03
(Sharecast News) - Asset manager Intermediate Capital Group (ICG) is set to be added to London's top-tier equity index in the latest quarterly reshuffle, swapping places with sector peer Hargreaves Lansdown which will be demoted to the FTSE 250.
Read moreLondon close: Retail stocks rise on mixed day for markets
8th Nov 2023 14:59
(Sharecast News) - London's stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.
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