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FTSE 100 Index Dips As Retail Rebounds and Rate Speculation Continues

The FTSE 100 index is down almost 1% through the early part of trading today, as the FTSE 250 index experiences a more modest decline of 0.65%. The UK market behaviour comes on the heels of an unexpectedly strong rebound in r

Asktraders News Team
Britvic Rejects Second Carlsberg Acquisition Proposal

Beverage company Britvic PLC (LON: BVIC) confirmed Friday that it has received a second takeover proposal from Carlsberg Group on June 11, 2024. This cash offer valued Brit

Britvic brands
Sam Boughedda
Vodafone Shares Climb 5% This Week – Here’s Why

Bucking a recent downward trend, Vodafone (LON: VOD) shares gained around 5% this week. This positive movement comes with help from Deutsche Bank resuming coverage of the telecom giant with a Buy rating.

Vodafone HQ logo
Sam Boughedda
Bank of England Decision Looming Keeps UK Markets In Hold Pattern

UK markets are bracing themselves for the upcoming Bank of England interest rate decision, while corporate news, such as NatWest's acqu

Bank of England
Asktraders News Team
Ryanair: Analysts Cautious Following ‘Disappointing’ Commentary

Ryanair (LON: RYAAY), the European budget airline known for its aggressive pricing strategy, is facing scrutiny from analysts, with one citing "disappointing" commentary from select low-cost airlines and package holiday opera

Ryanair plane
Sam Boughedda
Sainsbury Agrees to Sell Core Banking Business to NatWest

Sainsbury's (LON: SBRY) announced Thursday that it has entered into an agreement to sell its core banking business to NatWest Group. The deal includes Sainsbury's Bank's personal loan, credit card, and retail deposit portfoli

Sam Boughedda
Just Eat Shares (LON: JET) Rising On News Of Amazon Partnership

Just Eat Takeaway shares (LON: JET) are trading up 3.22% so far today, as news of a new partnership hits. JET stock has otherwise had a more difficult start to 2024 than some it's peers, with losses of 12% leaving holders loo

Shares of Just Eat Takeaway.com NV (AMS: TKWY) today surged 3.3%
Asktraders News Team
Barclays Shares (BARC) Up 1/3rd In 2024 – Is The Stock Still Value?

Barclays shares (LSE: BARC) have been one of the success stories of 2024 so far on the UK markets. With the bank flagged as a potentially under-the-radar

Asktraders News Team
UK Inflation Hits BoE’s 2% Target – FTSE 100 Index Takes Slight Dip

In a significant development for the UK economy, inflation has decelerated to the Bank of England’s target of 2% for the first time after almost three years. According to the latest figures, the Consumer Prices Index (CPI) sa

Bank of England
Asktraders News Team
Tesco Shares: Citi Remain Buyers

Following Tesco's (LON: TSCO) first-quarter trading statement last week, analysts at Citi said they remain buyers of the supermarket giant's shares, stating the quarter was encouraging.

teso shopping trolley in aisle
Sam Boughedda
Europe’s Biggest Stock Exchange By Market Cap, Changes At The Top

London, has once again secured its position as the largest stock exchange in Europe, overtaking Paris, France. This development marks a significant shift in the European financial landscape, occurring less than two years afte

Asktraders News Team
Unilever Share BuyBack Plan Continues

Unilever PLC, the British-Dutch multinational consumer goods company, has recently engaged in a significant repurchasing of its own shares. Listed on the London Stock Exchange under the ticker

Unilever Nigeria Plc
Asktraders News Team
Rolls-Royce (LON: RR) Shares Break 200% Gains Over 12 Months

Rolls-Royce share price (LON: RR) continues to display a bullish trend, adding 1.3% to bring the 12 month gain to 204%. Despite pausing for breath in the pa

Rolls Royce logo
Asktraders News Team
FTSE 100 Edges Higher – Ashtead (AHT) and Whitbread (WTB) Big Movers

The FTSE 100 has kicked off today on a bright note, adding 23 points to reach 8165, as the index tries to find some support after a relatively disappointing month. The

Bank of England
Asktraders News Team
Burberry Share Price Target Cut as Growth Strategy Remains a Work in Progress

Goldman Sachs analysts cut their price target for Burberry (LON: BRBY) in a note to clients on Monday, citing concerns that the brand's strategy to boost leather goods sales remains a "work in progress."

Burberry store
Sam Boughedda
Whitbread Sales Edge Higher in Q1 Despite Softer Weekend Demand

Whitbread (LON: WTB), the owner of Premier Inn, revealed in its latest trading update that group sales rose by 1% to £739 million in the first quarter of FY25. The slight i

Premier Inn Hotel Whitbread
Sam Boughedda
FTSE 100 & FTSE 250 Index Both Post Losses On The Week – What Next?

The FTSE 100 gave back 1.19% on the week, as the FTSE 250 index lost 2.12% to continue what has been a poor start to June. London's benchmark

UK short
Asktraders News Team
Ashtead Group Shares (LON: AHT) Dip As Value Gap Discussed

London listed Ashtead Group shares (LON: AHT) could be looking for a new home across the Atlantic if early rumblings are to believed. It is said that board members at the firm are seeing a valuation gulf between themselves an

Asktraders News Team
Crest Nicholson Says Bellway Revised Proposal ‘Significantly Undervalued’ Company

Crest Nicholson (LON: CRST) rejected a revised takeover proposal from Bellway (LON: BWY), claiming it significantly undervalued the company and its future prospects. The re

Bellway Homes
Sam Boughedda
Tesco Q1 Sales Increase as Market Share Continues to Grow

Tesco (LON: TSCO) reported continued momentum in its business for the first quarter of the 2024/25 financial year, with strong sales growth and increasing market share. [stock

Tesco store
Sam Boughedda
B.P. Marsh & Partners Shares (LON:BPM) Continue To Gain After Strong FY 2024

B.P. Marsh & Partners share price (LON: BPM) added 1.8% yesterday, bringing the total gain over the past 12 months to 36.49%. Recent reports of a significant increase in their earnings for the full year of 2024 have added

B.P. Marsh Logo
Asktraders News Team
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