UK Stock News
UK Trims NatWest Shares (LON: NWG) | Stake Now Below 20% As Price Trades Near 5 Year Highs
In a significant move to further reduce its involvement with the banking sector since the 2008 financial crisis, the UK government, through UK Government Investments Ltd (UKGI), has sold a substantial block of shares in NatWe
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Diageo Shares Downgraded by Goldman Sachs
In a notable move by analysts at Goldman Sachs, Diageo (LON: DGE), the prominent FTSE 100 beverage company, has received a downgrade to a 'sell' rating accompanied by a lowered price target of 2450p. This shift in outlook com
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Unilever Shares (LON: ULVR) Up Today, As Cost Cutting Announcement Made
In an effort to revive growth and streamline operations, consumer goods giant Unilever (LON: ULVR) has announced plans to cut a third of its office positions across Europe by the end of 2025. This decision is part of the comp
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Shell (LON:SHEL) Stock Retains Overweight Rating by JPMorgan
Investment bank JPMorgan has reiterated its 'overweight' rating on Shell shares (LON:SHEL), with a price target set at 3,500p. This recommendation reaffirms the
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Burberry Shares Tumble as Q1 Performance Disappoints
Burberry's (LON: BRBY) shares plunged over 11% following a disappointing first-quarter FY25 performance update. The luxury fashion house reported a 22% drop in retail reven
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FTSE 100 Slides As Market Assesses Weekend Events
The FTSE 100 has started the week beginning Monday, July 15, 2024, on the back foot, with the index falling 0.58% to 8,205.45 just after the opening bell. On Friday, London’s blue-chip index rose 0.36%, gaining 29.57 points,
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(LON: OCDO) Ocado Share Price Up More Than 35% From Lows
Ocado Group's share price (LON: OCDO) has surged more than 35% from the lows set at the end of June. Part of the catalyst for this price rally can be attributed to the announcement of plans to expand its technological infrast
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Funds Continue to Short Ocado Shares – Here’s why
Ocado (LON: OCDO) shares have rallied more than 24% in the last week, but the online grocery giant remains a contentious stock among investors, with several firms going short.
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Kingfisher Shares: Bullish or Bearish?
Kingfisher plc (LON: KGF), the parent company of B&Q and Screwfix, is subject to a mix of analyst views. While one camp sees the home improvement giant as a promising investment, others are taking a more cautious stance.
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Will The New UK IPO Rules Impact London Listings?
The United Kingdom's Financial Conduct Authority (FCA) has announced a comprehensive overhaul of listing rules aimed at making London a more competitive destination for initial public offerings (IPOs). In the latest bid to dr
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FTSE 100 Index Showing Resilience
The FTSE 100 index has seen a notable start to 2024, striking record highs in May and demonstrating a resilience that outpaces its performance from the previous year. Desp
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Next Share Rating Boosted at Citi on Positive Consumer Environment
Next plc (LON: NXT) shares gained more than 2% in Wednesday's session after positive commentary and a re-rating from an analyst at one investment bank.
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British Airways Owner IAG’s Shares Jump – Here’s Why
IAG (LON: IAG) shares rose around 3% on Wednesday, fueled by a double-upgrade from Morgan Stanley. Analyst Conor Dwyer upgraded the stock from Underweight to Overweight, citing a more positive outlook on pricing and capacity
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Begbies Traynor Shares (LON:BEG) Gain Bullish Note With Price Target Cut
Canaccord has revised its price target for Begbies Traynor shares (LON:BEG), marking a reduction from 175p down to 158p. Despite the lowered price target, the firm continues to see a promising outlook for the company, maintai
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Diversified Energy Company to Acquire Eastern Texas Natural Gas Assets
Diversified Energy Company (LON: DEC) announced Wednesday that it has struck an agreement to acquire high-quality natural gas assets in eastern Texas from Crescent Pass Energy.
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Barratt Developments Sees FY24 Profit ‘Slightly Ahead’ of Previous Expectations
UK housebuilder Barratt Developments (LON: BDEV) announced today that it expects to report a profit before tax for the fiscal year 2024 (FY24) that is slightly higher than previously anticipated.
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Shell Bolsters LNG Operations
Shell PLC (LON: SHEL) has announced a significant step in expanding its Liquified Natural Gas (LNG) operations with the final investment decision (FID) for the d
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Baltic Classifieds Group Stock (LON: BCG) Holds Bullish Analyst Targets
Baltic Classifieds Group shares (LON: BCG), the leading online classifieds platform in the Baltic region, has recently garnered positive attention from financial analysts. Berenberg Bank has initiated coverage on Baltic Class
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Kinovo Forgoes Dividend Amid Profit Surge
Kinovo PLC shares (LON: KINO) have had a great start to July, delivering 14% of gains through the month to date. The firm announced robust financial growth today, though it did not declare a dividend following last year's su
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HSBC and Visa Partner on Multi-Currency Zing App
In a notable move within the financial services industry, Visa (NYSE: V) and HSBC (LON: HSBA) have embarked on a technological partnership. The collaboration underlines the growing emphasis on digital payments solutions, aimi
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Vistry Group Shares (LON: VTY) Dip As Strong Trading Update Fails To Ignite Bulls
Vistry Group (LON: VTY), a prominent figure in the British homebuilding industry, has seen its shares dip by 2% in early morning trading. Despite this pullback, the recent trend for the stock has shown impressive 39% gains in
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GSK Stock Rating Cut at UBS On Zantac Litigation Concerns
UBS analysts downgraded GSK shares (LON: GSK) in a note to clients Monday, citing concerns regarding its potential RSV vaccine Arexvy. The
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BP’s Q2 Profits to Be Impacted by ‘Significantly Lower’ Refining Margins
BP's (LON: BP.) second-quarter profits are expected to be hit by a significant drop in refining margins despite a rise in oil prices. In i
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