London close: Stocks rally on US-China tariff deal
12th May 2025 16:30
(Sharecast News) - London stocks ended higher on Monday as investors welcomed news of a temporary trade agreement between the United States and China that will see a rollback of some tariffs.
Read moreLondon close: Stocks reverse losses to finish marginally higher
6th May 2025 15:44
(Sharecast News) - London's stock markets ended marginally higher on Tuesday, with the top-flight index overcoming earlier losses to extend its record winning streak to a 16th consecutive session.
Read moreLondon close: Stocks finish solid week on a positive note
2nd May 2025 16:15
(Sharecast News) - London stocks ended the week on a positive note on Friday, buoyed by upbeat global developments and solid US employment data.
Read moreWarm weather and late Easter boost grocery sales - NIQ
30th Apr 2025 08:48
(Sharecast News) - Supermarket sales jumped in April, industry data showed on Wednesday, as the late Easter and sunny weather supercharged demand.
Read moreEaster boosts grocers sales as price inflation ticks higher
29th Apr 2025 09:37
(Sharecast News) - Supermarket sales jumped in April, industry data showed on Tuesday, as shoppers shrugged off rising food inflation to stock up for Easter.
Read moreLondon close: Stocks mixed after turbulent tariff-fuelled week
11th Apr 2025 15:03
(Sharecast News) - London stocks ended Friday in mixed territory as geopolitical tensions weighed on investor sentiment, following China's decision to sharply increase tariffs on US goods.
Read moreLondon close: Stocks rebound as Trump puts tariffs on ice
10th Apr 2025 15:38
(Sharecast News) - London stocks closed sharply higher on Thursday, buoyed by investor relief after US president Donald Trump announced a 90-day pause on most of his proposed retaliatory tariffs.
Read moreTesco warns of hit to profits as price war mounts
10th Apr 2025 07:55
(Sharecast News) - Tesco warned on Thursday that profits in the current year could be squeezed, as competition from rivals ramps up.
Read moreUK grocery sales growth hits 10-month low, says Kantar
1st Apr 2025 07:24
(Sharecast News) - Annual sales growth at UK grocery stores slowed to its lowest rate in 10 months in March, according to data out on Tuesday from research firm Kantar, as promotional activity picked up.
Read moreTesco, Sainsbury's slide as Asda says overhaul will dent profits
14th Mar 2025 15:54
(Sharecast News) - UK supermarket stocks tumbled on Friday after Asda said it would undertake a "substantive" programme of investment in price, availability and the shopping experience to get the business "firing on all cylinders again" that will "materially" dent its profits.
Read moreHealthier options drive rise in supermarket sales in January
4th Feb 2025 09:37
(Sharecast News) - Supermarket take-home sales rose 4.3% over the four weeks ended 26 January compared with the same period last year, according to fresh data from Kantar on Monday.
Read moreTesco to cut 400 jobs as it looks to simplify business
29th Jan 2025 14:03
(Sharecast News) - Tesco said on Wednesday that it plans to cut 400 jobs as it looks to simplify the business.
Read moreLondon close: Stocks led higher by rising metal prices
9th Jan 2025 16:53
(Sharecast News) - London stocks maintained positive momentum through to the close on Thursday, driven by gains in the mining sector and the continued depreciation of the pound.
Read moreBroker tips: Volution, Tesco
9th Jan 2025 15:48
(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on Volution on Thursday, saying it continues to be a standout among its peers.
Read moreShore Capital keep 'buy' rating for Tesco after decent festive sales
9th Jan 2025 10:34
(Sharecast News) - Shore Capital has maintained a 'buy' rating for Tesco after a "decent" trading update from the supermarket group on Thursday, saying the retailer is well-placed to benefit despite a tough consumer backdrop.
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