UK Stock News
GSK Shares (GSK.L) Drop, Weighing On UK Index
Pharmaceutical major GSK's share price (LON:GSK) plummeted nearly 9% in morning trading following a crucial ruling by a U.S. judge that may pave the way for litigation
The FTSE 100 Rallies Monday – Here’s What to Look Out For This Week
The FTSE 100 has started the week very strongly, climbing 0.96% to 8,354.45 in early Monday trading on June 3, 2024, following Friday’s 0.54% rise, which saw London’s blue-chip index closed up 44.33 points at 8275.38 on Frida
Shein to File London IPO Prospectus According to Sky News
Online fashion giant Shein is nearing a potential London Stock Exchange listing, according to Sky News.
FTSE 100 Ends The Week A Strong Note But Outperformed By the 250 Index
London stocks regained some of the lost ground over the week on Friday, with the FTSE 100 ending up 0.54%. Despite the increase in the benchmark
BATS Shares (LON:BATS) Get Reprieve as Anti-Smoking Bill Postponed
British American Tobacco shares (LON: BATS) have added 1.42% today, as a temporary reprieve surrounding the proposed anti-smoking bill is in play. [stock_market_widget type="t
UK Government Sells NatWest Shares (NWG.L) Back To The Bank, Raises £1.24B
Natwest shares (LON:NWG) are relatively unmoved today despite another big offloading of shares by the the UK government. As one of the best performing
Burberry Shares Down 51% Over the Last Year: Here’s Why
Iconic British luxury brand Burberry has seen its share price plummet a significant 51% in the last year. This decline comes amidst a challenging backdrop for UK luxury brands.
Frasers Group Ups Stake in Hugo Boss
Frasers Group (LON: FRAS) said Friday that it has increased its stake in fashion giant Hugo Boss. In Ja
JD Sports Earnings: Revenue Climbs Despite ‘Challenging Market’
JD Sports Fashion (LON: JD.) reported its unaudited FY24 results on Friday. The company's revenue increased by 2.7% for the 53 weeks ending February 3, 2024, reaching £10.54 billion.
Diageo Shares (DGE.L) Hit New 52-Week Low, But Why The Drop In Sentiment?
Diageo plc (LON:DGE), a global leader in alcoholic beverages, experienced a notable downturn in its stock performance, as the price plunged to a 52-week low of GBX 2,563 during Thursday's trading session before rallying to cl
Potential Shein IPO Under Scrutiny From British Lawmakers Over ESG
Concerns have been raised by the chairs of three UK parliamentary committees regarding Shein's anticipated initial public offering (IPO) in
Marks & Spencer Appoints New CFO
Marks & Spencer Group (LON: MKS) announced the appointment of Alison Dolan as its new Chief Financial Officer (CFO) late in the day on Wednesday.
Auto Trader Revenue Rises, Anticipates Another Year of Strong Progress
On Thursday, Auto Trader Group (LON: AUTO), the leading UK car marketplace, announced a 14% increase in group revenue to £570.9 million for the fiscal year ending March 31, 2024.
Dr. Martens Revenue, Profit Tumbles on Continued Weak USA Demand
Dr. Martens (LON: DOCS) reported a significant decline in revenue and profit for the fiscal year ending March 31, 2024, primarily driven by weak consumer demand in the USA.
Ocado Shares Surge But Stock Set to Drop Out of FTSE 100
Ocado (LON: OCDO) shares jumped more than 9% Tuesday, adding to its more than 6% gain on Friday, but after six years, the company is set to drop out of the FTSE 100.
BHP Seeks Further Extension of Deadline For Anglo American Offer
On Wednesday, BHP Group (NYSE: BHP) said it was seeking an additional extension to the deadline for its potential Anglo American (LON: AAL) takeover offer. The original deadline was set for May 29, 2024.
Royal Mail Owner IDS Agrees to £3.6bn Takeover Deal
Royal Mail's parent company, International Distributions Services (LON: IDS), announced Wednesday that it has agreed to a £3.57 billion takeover offer by Czech billionaire Daniel Kretinsky's investment company EP Group.
Shell Faces Shareholder Split on Climate Plan
With holders of Shell stock (LON: SHEL) having seen growth of more than 21% over the past 12 months, you might expect complete alignment between the board and sh
FTSE 100 Faces Downward Pressure After Extended Weekend
The FTSE 100 index, a benchmark for the UK's largest publicly traded companies, has slipped below the 8300 threshold, a leve
Barclays Share Price (LON: BARC) Hits New 52-Week High
Barclays shares (LON:BARC) achieved a significant milestone during Tuesday's trading session by reaching a new 52-week high. The British multinational bank’s
Revolution Bars Rejects Nightcap Proposal, Says its ‘Incapable of Being Delivered’
Revolution Bars Group (LON: RBG) rejected a takeover proposal from competitor Nightcap on Tuesday, calling it "incapable of being delivered."Â
Pets at Home Earnings: Here’s What to Expect
Pets at Home (LON: PETS) is set to report its preliminary full-year 2024 results on Tuesday, May 29, and with the stock down over 14% this year, investors will be hoping for positive news to boost the share price.
LON: ABDN – Abrdn CEO Steps Down, Share Price Follows
A significant leadership change at Abrdn was announced today, as the stock price (LON: ABDN) dips 0.96%, compounding losses seen over the past 12 months. Stephen Bird, the chief executive of the investment company, made the d