Editor's Picks

Filter by:

  • Greggs CEO McMeikan to step down

    Monday 10 Dec 2012

    Ken McMeikan, the Chief Executive Officer of bakery and hot snacks retailer Greggs is to leave the company for catering firm Brakes Group.

  • AG Barr serves up increased revenue

    Friday 07 Dec 2012

    Irn-Bru maker AG Barr posted a robust increase in revenue in the 18 weeks to the start of December and says it remains confident of delivering on full year expectations.

  • ABF reports ‘good start to new financial year’

    Friday 07 Dec 2012

    Strong sales at Primark underpinned a promising start the new financial year at Associated British Foods (ABF), the diversified international food, ingredients and retail group.

  • Commodities: Crude falls for fourth straight day

    Friday 07 Dec 2012

    Crude oil futures fell for the fourth day running on Friday as investors worried about a glut in supplies and the weak demand outlook.

  • Bellway sales on target with margins improving

    Friday 07 Dec 2012

    Housebuilder Bellway says it is on target to hit sales figures, with margin growth that should deliver an operating margin of around 13 per cent for the full year.

  • Broker snap: Panmure hikes Berkeley forecasts after first-half beat

    Friday 07 Dec 2012

    Panmure Gordon has raised its target price for house builder Berkeley Group from 1,390p to 1,650p following a strong set of interim results.

  • London open: Stocks flat after Germany trims growth forecasts

    Friday 07 Dec 2012

    The FTSE 100 opened broadly flat on Friday following two consecutive days of gains after Germany reduced its economic growth expectations for next year.

  • London pre-open: FTSE to track US stocks modestly higher

    Friday 07 Dec 2012

    City sources predict the FTSE 100 will open up 11 points from yesterday's close of 5,901, tracking reasonable gains seen in the US overnight.

  • ENRC to spend half a billion dollars on DRC expansion

    Friday 07 Dec 2012

    Mining titan Eurasian Natural Resources Corporation (ENRC), is to buy the remaining stake in Democratic Republic of the Congo (DRC) focused group Camrose Resources for over half a billion dollars, the firm announced on Monday.

  • Veil of uncertainty over UK companies lifted, hiring seen

    Friday 07 Dec 2012

    The rate at which British firms hired permanent staff through recruitment agencies rose to its fastest pace since April 2011 in November, according to a survey carried out by the Recruitment and Employment Confederation (REC) and consultants KPMG.

  • Monday newspaper round-up: Rolls-Royce, Japan, RBS...

    Friday 07 Dec 2012

    A whistleblower at the heart of a bribery investigation at Rolls-Royce has been fighting for more than six years for his claims to be heard. The British engineering group has been accused of handing 20m dollars (12.5m pounds) and a blue Rolls-Royce car to the son of the former president of Indonesia to help win a contract to supply engines. Rolls shocked the stock market last week when it said it

  • Friday newspaper round-up: Starbucks, Barclays, Citigroup...

    Friday 07 Dec 2012

    Starbucks has taken the 'unprecedented' step of pledging to pay 20m pounds corporation tax, even if it makes no profit – only for the move to appear to backfire and fuel the fiasco surrounding its UK operation. In a bid to end the pressure on the coffee chain, the US giant dramatically broke off talks with HM Revenue & Customs (HMRC) to offer to “pay or pre-pay somewhere in the range of £10m in

  • London close: Stocks edge higher as markets look to US jobs report

    Thursday 06 Dec 2012

    BoE and ECB keep policy on hold; Draghi says ECB discussed rate cut; eyes turn to US employment report.

  • Bank of England leaves rates and QE unchanged - UPDATE

    Thursday 06 Dec 2012

    As expected the Bank of Engand's Monetary Policy Committee left interest rates unchanged and its asset purchase facility on hold in December.

  • BHP Billiton refuses to comment on bid rumour

    Thursday 06 Dec 2012

    Mining behemoth BHP Billiton could be ready to make a $55 a share cash offer for Alabama-based 'pure play' metallurgical coal producer Walter Energy, according to the Daily Mail market report.

  • Broker tips: StanChart, Sage, Premier Farnell

    Thursday 06 Dec 2012

    Investec has reiterated its 'buy' rating and 1,800p target price for emerging markets lender Standard Chartered following the group's pre-close trading update, saying the business is 'sitting pretty'.

  • Broker snap: Upgrades unlikely for Sage, says UBS

    Thursday 06 Dec 2012

    UBS has cut its target price for accountancy software group Sage from 305p to 300p and kept its 'neutral' rating for the stock, saying that the second half was 'solid' but upgrades to forecasts are unlikely.

  • London open: Stocks edge higher ahead of rate decisions

    Thursday 06 Dec 2012

    Stocks started Thursday's session with moderate gains on the back of hopes that US politicians are nearing an agreement on the 'fiscal cliff', as markets looked ahead to policy announcements in both the UK and Europe.

  • StanChart to settle US claims with 330m-pound fine - UPDATE

    Thursday 06 Dec 2012

    Emerging markets bank Standard Chartered said it is in on track to deliver another strong set of full-year results this year as it reiterated that it is near to settling claims over Iran-linked transactions with US authorities.

  • Thursday newspaper round-up: Deutsche Bank, Bank levies, Beer duty...

    Thursday 06 Dec 2012

    Deutsche Bank failed to recognise up to 12bn dollars of paper losses during the financial crisis, helping the bank avoid a government bail-out, three former bank employees have alleged in complaints to US regulators. The three complaints, made to regulators including the US Securities and Exchange Commission, claim that Deutsche misvalued a giant position in derivatives structures known as

Top of Page