UK Stock News
Lloyds Banking Group Sees Decline in Retail Customer Deposits Affecting Their Q1 Financials
Lloyds Banking Group (LON: LLOY), one of the UK's prominent financial institutions, has reported a significant 9 percent decline in net income, which in turn ha
NatWest Shares (LON:NWG) Taking Out 52 WK Highs – AI To Streamline Banking Efficiency?
NatWest share prices continue to push higher, taking out 52 week highs on the day in what has been a very positive start to 2024. With the NWG.L stock up almost 30% through the year so far, will AI really come to the UK banki
Reckitt Benckiser Shares (RKT.L) Gain Early – Full-Year Targets On Track
Reckitt Benckiser (LON: RKT), the consumer goods giant behind Dettol and Lysol, saw its shares jump at the start of Wednesday's session after it reported its first-quarter (Q1) results.
Barclays Shares (BARC.L) Add 24% This Year – Here’s Why
Barclays' (LON: BARC) share price has surged an impressive 24% so far this year, pushing its stock price back to levels last seen in February 2023.
Haleon Shares Can Re-Rate Due to ‘Class-Leading Growth’
Haleon (LON: HLN) shares have been ranging for some time now, despite the just over 3% increase in the year-to-date. However, one bank believes the shares can re-rate.
Primark Owner ABF Profits Jump, Raises Interim Dividend
Associated British Foods (LON: ABF), the owner of Primark and various food brands, reported a substantial increase in profits for the first half of their financial year on Tuesday.
The FTSE 100 Jumps – What to Watch This Week
The FTSE 100 jumped to 7,990 in early Monday trading on April 22, 2024, rising 1.2%, following Friday’s 0.24% rise. London’s blue-chip index closed 18.8 points higher at 7,895.85 on Friday.
Quanex to Acquire Tyman in ‘Transformative’ £788m Deal
In a significant development within the building products sector, Quanex Building Products Corporation (NYSE: NX) announced it has agreed on a deal to acquire FTSE-250 company Tyman (LON: TYMN).
Gender Parity At Top Table: BP Adjusts Leadership Team in Strategic Reorganization
In a decisive move toward a more streamlined corporate structure, BP has announced a consolidation in its executive leadership team as new Chief Executive Murray Auchincloss takes the reins of the oil titan. The top echelon o
Argo Blockchain Shares Down 59% this Year – Will it Get Worse After Bitcoin Halving?
Argo Blockchain (LON: ARB), a London-listed Bitcoin mining company, has seen its share price plummet by a substantial 59% so far in 2024. This decline comes amidst a broader slump in Bitcoin mining stocks.
Warpaint to Outperform – Berenberg
Berenberg analysts predicted a surge for Warpaint (LON: W7L) shares in a note this week, outlining reasons why the company is poised to outperform the market.
Hipgnosis Songs Fund Board Agrees Takeover Offer from Concord
Hipgnosis Songs Fund Limited (LON: SONG) announced Thursday that it has agreed a takeover offer from Concord Chorus Limited, an entity controlled by Alchemy Copyrights, trading as Concord. The acquisition is valued at approxi
EasyJet Reduces Winter Losses On Strong Easter Demand
EasyJet (LON: EZJ) released a trading update for the six months that ended March 31 on Wednesday, revealing a year-on-year increase in revenue and a reduction in its first-half “seasonal” losses.
GSK’s Vaccine Promises a Leap in Immunisation Efficiency
GlaxoSmithKline's (LON:GSK) share price has risen quite dramatically since the beginning of the year with a 108.70 point gain (+7.35%). Although the share price has seen a decline in the last 5 days, down 2.16%, the news of G
Easing Food Price Inflation Offers Respite for UK Supermarkets
Consumers in the UK have seen a welcome slowdown in the surge of grocery prices, presenting a potentially advantageous situation for both shoppers and supermarkets. The plateauing of food price inflation comes as a breath of
Reckitt Benckiser Shares Have Tumbled – Here’s Why
Reckitt Benckiser (LON: RKT), the Anglo-Dutch consumer goods giant behind Dettol disinfectant and many other major brands, has seen its shares tumble over the last couple of months. This decline stems from a double whammy of
Asos Revenue Falls, Reports First Half Loss
Online clothing retailer Asos (LON: ASC) reported its interim results on Wednesday, with revenue declining year-on-year and the company sinking to a first-half loss.
BP to Cut Over 100 Jobs in its EV Charging Division: Shares Down Today
BP's (LON: BP) share price has dropped by 1.99% this afternoon on a difficult start to the day all around for markets.
Marks & Spencer: Analysts Bullish Despite Pullback
Despite a recent pullback in Marks & Spencer's (LON: MKS) stock price, analysts remain bullish on the iconic British retailer's continued turnaround prospects.
Dr Martens Issues Cautious Outlook, CEO to Step Down
Footwear company Dr. Martens provided a trading update Tuesday, alongside its outlook for the next financial year. The company said its full-year 2024 results are expected to be in line with guidance and consensus expectation
The FTSE 100 Slides – Here’s What to Watch This Week
The FTSE 100 is trading at 7,965 in early Monday trading on April 15, 2024, falling 0.38%, following Friday’s 0.91% gain. The London blue-chip index closed up 71.78 points at 7,995.65 on Friday.
Inchcape to Sell UK Retail Operations to Group 1 for £346m
Automotive company Inchcape (LON: INCH) announced the sale of its UK retail operations to Group 1 Automotive UK Limited in a cash deal worth approximately £346 million. The move is said to align with Inchcape's strategy to fo
Petrofac Shares (PFC) Tumbling Today, -27% As Talks with Lenders to Restructure Debt Ongoing
Petrofac (LON: PFC) provided an update today on its ongoing efforts to address its financial situation. The company said it is actively engaged in discussions with various stakeholders as part of a strategic and financial rev