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  • UK consumers´ pessimism 'deeply ingrained' - UPDATE

    Monday 30 Jul 2012

    British consumers´ spirits are stuck in a rut, along with the economy, according to GfK´s latest survey results.

  • Weir waiting on oil and gas markets to pick up

    Monday 30 Jul 2012

    Scottish engineering firm Weir has advised that full year profits are likely to come in below market expectations if there is no pick-up in the upstream Oil & Gas markets.

  • 'Feeble' UK mortgage lending at 18 month low in June

    Monday 30 Jul 2012

    The number of mortgages approved for new house purchase fell sharply in June to the lowest level since December 2010.

  • Xstrata hoping for new projects to boost growth

    Monday 30 Jul 2012

    Diversified mining group Xstrata saw stronger second-quarter production in coal, nickel, zinc and lead compared with the first quarter, but it was more of a mixed picture for the first half as a whole.

  • Ryanair profits plunge

    Monday 30 Jul 2012

    Budget airline Ryanair said high fuel prices had hit profits hard, but it remained on track for the year.

  • Monday newspaper round-up: BoE, German exit, German banks

    Friday 27 Jul 2012

    Bank of England policymakers are likely to hold off on a further stimulus injection on Thursday, despite figures that are expected to show the economy was still flat-lining into the third quarter. The Bank’s Monetary Policy Committee is expected to leave interest rates on hold at 0.5 per cent and quantitative easing unchanged at 375bn pounds, even as Britain’s hard hit manufacturing and

  • Commodities: Crude oil scores fourth straight gain

    Friday 27 Jul 2012

    Crude oil futures traded higher on Friday for the fourth consecutive session, despite weak US financial data, as investors cheered upbeat comments about the prospects of the euro.

  • Mother nature gives Hiscox a break, profits up

    Friday 27 Jul 2012

    Hiscox, the FTSE 250 speciality insurer, is thanking its lucky stars for a first six months of the year that saw no major catastrophes, allowing it to turn a loss in 2011 to an impressive profit in 2012.

  • FTSE 100 movers: Miners and financials lead the way

    Friday 27 Jul 2012

    The banking and resources sectors were among the best performers on Monday as risk appetite increased on the back of stimulus hopes. Barclays, RBS, ENRC and Xstrata were high risers by mid-afternoon.

  • Gloomy update from Gem Diamonds

    Friday 27 Jul 2012

    FTSE 250 firm Gem Diamonds said it expected diamond prices to fall in the short term as the market continued to be volatile.

  • London midday: Stocks flat in Draghi aftermath

    Friday 27 Jul 2012

    - Markets still digesting Draghi's comments - Barclays leads the risers on the Footise after first-half beat - 'Fiscal-cliff' worries weigh on sentiment

  • Broker snap: 'Bob's rich legacy lives on' at Barclays, says Investec

    Friday 27 Jul 2012

    Investec has reiterated its 'buy' rating and 240p target price for UK banking group Barclays, saying that 'value always wins in the end'.

  • FTSE 250 movers: William Hill in top spot after profit surge

    Friday 27 Jul 2012

    High Street bookie William Hill surged after improving profits by 13 per cent in the first half, with online and mobile businesses driving growth.

  • William Hill mobile revenues booming

    Friday 27 Jul 2012

    William Hill may be a familiar high street name but the firm’s future is firmly linked to the rapidly growing online and mobile businesses, judging by its first half results.

  • Broker snap: Pearson doesn't give much away, says Jefferies

    Friday 27 Jul 2012

    Pearson's shares dropped on Friday morning, with Jefferies saying that the publishing group's first-half results statement 'doesn't really tell us very much'.

  • Friday newspaper round-up: Greece, Facebook, Oil companies

    Friday 27 Jul 2012

    Greek leaders struggled to agree on required budget cuts yesterday as Citigroup raised the probability of the country’s exit from the euro to 90 per cent. The leaders of the three parties in the new coalition Government met for three hours in a session at which they were meant to sign off on a plan for €11.7bn (£8.5bn) in budget cuts demanded by Europe and the International Monetary Fund. The

  • Repentant Barclays beats expectations, as FSA investigates again

    Friday 27 Jul 2012

    A contrite Marcus Agius, Chairman of under-fire bank Barclays, apologised for the company's involvement in the LIBOR fixing scandal as he unveiled half-year profits ahead of market expectations.

  • Burberry no longer in talks with Interparfums

    Friday 27 Jul 2012

    Burberry, the iconic British luxury brand, announced on Friday that discussions with Interparfums regarding the possible termination of their licence agreement have ended.

  • Europe midday: Schaeuble welcomes Draghi remarks

    Friday 27 Jul 2012

    -Schaeuble welcomes Draghi remarks -Reuters -Spain has supposedly conceded it may need rescue -Reuters -Buba: EFSF buying government bonds is unproblematic -DJ -Buba: Government bond buys problematic -DJ

  • First half tougher than expected at Pearson

    Friday 27 Jul 2012

    Operating profit at Pearson came in a little shy of some expectations as the publishing group admitted that the first half of 2012 had been a little tougher than expected for some parts of the business.

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