UK Stock News
Anglo American Outlines Major Restructuring Plan
Anglo American PLC (LON: AAL) has announced a comprehensive restructuring plan that will see the London-listed mining giant retaining its prime copper and iron ore assets while spinning off its platinum and diamond businesses
Will National Energy Suppliers Get An AI Boost?
The era of artificial intelligence (AI) is not just transforming the technological landscape but is also having profound implications on the global energy sector. One area AI is expected to impact significantly is the demand
Natwest Shares (NWG.L) Owned By UK Treasury Now Below 27%
The UK government has further reduced its shareholdings in NatWest Group PLC (LON: NWG), bringing it below 27%, as part of a broader plan to return the bank to full private ownership by 2025 or 2026. This move is in line with
Revised £34 Billion Proposal From BHP Rejected By Anglo American
In a significant development in the mining sector, BHP Group has announced that its revised buyout offer of £34 billion for Anglo American has been rebuffed. The latest attempt by BHP to acquire its rival comes after Anglo Am
Vodafone Share Price Moves Green YTD – What To Expect From Earnings ?
Vodafone Group (LON: VOD) will report its full-year 2024 results on Tuesday, May 14, as the company continues to work on reshaping the business. In its half-year
Greggs Share Price: Can Upcoming Update Spark Another Rally?
Greggs (LON: GRG), the popular British bakery chain, has enjoyed a period of strong performance. But can they maintain this momentum? The company is set to report a trading update on Tuesday, May 14.
Vodafone Merger with Three Gets Government’s Conditional Nod
Shares in Vodafone Group PLC experienced an uplift on Friday following the UK government's conditional approval for its proposed merger with Three. The collaboration is set to alter the landscape of the UK mobile network indu
Deutsche Bank Sees These UK Banking Stocks as a Buy
Deutsche Bank is bullish on UK banking stocks, with analysts at the firm initiating NatWest (LON: NWG), Barclays (LON: BARC), and Lloyds (LON: LLOY) with Buy ratings in recent notes.Â
IAG Very Well Positioned as High Demand Continues
IAG (LON: IAG), the parent company of British Airways, Aer Lingus, and Iberia, among others, has reported strong first-quarter results.Â
BoE Holds Rates As 2 MPC Members Vote For Cuts
The FTSE 100 soared to an unprecedented high today, adding 0.32% so far, buoyed by the Bank of England's (BoE) latest monetary policy stance. In an expected move, the central bank maintained its benchmark interest rate, but f
3i Shares (III.L) Decline Despite Strong Earnings – Profit Taking Or Case Of High Expectations?
Shares of British private equity giant 3i Group PLC (LON:III) have fallen by 3.3% today, signalling a potential move by investors to crystallize gains following a period of healthy growth - shares are up 22.65% YTD. The drop
Lloyds Shares Hit 52 Week High, What Is The Next Milestone?
Lloyds Banking Group Plc shares (LON: LLOY) have had an impressive beginning to the year 2024, with the price witnessing a substantial uptick. Currently, the stock sits at 54.02p, marking a notable gain of 10.9% from its open
BAE System Share Price: Catalysts Needed?
BAE Systems (LON: BA.) revealed in an AGM statement on Thursday that trading so far this year has been in line with expectations, but is that enough for the stock's rally to continue?
Watches of Switzerland Acquires Roberto Coin in $130m Deal
Watches of Switzerland (LON: WOSG) has made a significant stride in its luxury branded jewellery strategy with the acquisition of Roberto Coin Inc. for a total consideration of $130 million.Â
NatWest Shares (LON: NWG) Up 42.10% In 2024 – Analysts Continue Support
As Natwest shares come fresh off 52 week highs, a new $1billion bond issuance is set to raise funds for the bank's operations. Closer scrutiny of the firm is warranted after 42.1% gains through 2024 put the stock up at 10 yea
Shell Singapore Refinery Being Sold To JV Partners
In what has been a busy couple of days in the rebalancing of Asia-Pacific operations of energy powerhouse Shell, an agreement to sell its Bukom refinery based i
British Biotech OCTP Shares (Oxford Cannabinoid) Delisting from LSE
Oxford Cannabinoid Technologies Holdings (OCTP) has announced plans to delist from the London Stock Exchange (LSE). The pharmaceutical firm, specializing in cannabinoid-based therapies, cited a sense of being undervalued on t
UK Fuel Costs Rise as Retail Margins Hit Highs
UK motorists are facing an increase in fuel costs, with prices for petrol and diesel having risen by 10p per litre in the current year. This trend has added approximately £5.50 to the cost of filling up a typical family vehic
A Glencore Bid For Anglo American Wouldn’t Surprise BofA
A report from Reuters last week stated that commodities firm Glencore (LON: GLEN) is assessing a potential approach for Anglo American (LON: AAL), a move that would not surprise analysts at Bank of America.Â
JD Wetherspoon Shares Rise as Sales Continue Recovery
Investors reacted positively to J D Wetherspoon's (LON: JDW) trading update for the 13-week period ending April 28 on Wednesday. The update indicated a steady recovery in sales following pandemic-induced challenges, helping p
Boohoo: Revenue Drops 17% Amid ‘Challenging Market Backdrop’
Online fashion retailer Boohoo (LON: BOO) reported its full-year results for the 12 months ended February 29 on Wednesday, marked by a significant 17% decline in revenue compared to the previous year, reflecting the hurdles p
FTSE 100 Closes At Record High – Recap Of Tuesdays’ Big Movers
London's premiere stock index, the FTSE 100, hit 52 week highs before setting the stage for a record close at 8313, marking a significant 100-point rise (1.22%) in Tuesday's session. Let's take a quick skim through yesterdays
BAE Systems (LON: BA) and Eaton Boost EV Offerings for Trucks
BAE Systems and power management company Eaton have announced an expansion of their strategic partnership, under which they will develop enhanced electric vehicle (EV) systems for heavy-duty trucks. This move will intensify t