UK Stock News
A Labour Party Win Not Seen as GBP Negative, Says Mizuho
Analysts at Mizuho suggest that a Labour Party victory in the upcoming UK election would not adversely impact the British pound (GBP). The investment firm argued, in a note
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RSV Vaccine Update Rattles Pharma Stocks – GSK.L, PFE, MRNA
Following recent guidance from U.S. health authorities on the administration of respiratory syncytial virus (RSV) vaccines, shares of pharmaceutical companies took a hit. GlaxoSmithKline PLC (LON:GSK), a major vaccine manufac
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Watches of Switzerland Profits Slide, But CEO Sees ‘Unique Growth Opportunities Ahead’
Watches of Switzerland Group (LON: WOSG) saw profits decline in fiscal year 2024 (FY24) due to challenging market conditions. However, the company remains confident in its future, citing strong growth in the US and strategic
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Shein Filed For London IPO, But Some Investors Are Cautious
Fast-fashion giant Shein has confidentially filed for a potential IPO on the London Stock Exchange later this year, according to reports. Shein's initial plan was for a New
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AstraZeneca Share Price (LON:AZN) Hits New ATH Before Retreating To Red On The Day
AstraZeneca share price (LON:AZN) took out a new all time high in today's trading session, before falling back to test the £125 mark. Giving up the gains to end the day 0.25% may not sound like a landmark day, but for those t
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Witan and Alliance Trust in Landmark £5bn Merger – Both Shares Gain On News
In a historic move for the UK investment sector, the Witan Investment Trust (LON: WTAN) has announced a merger with the Alliance Trust (LON: ATST), with aspirations to reach FTSE 100 status.
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EnSilica Shares (LON: ENSI) Turn A Corner
EnSilica shares (LON: ENSI) have been rebuilding after a period of uncertainty, with the last 5 months of gains (from Jan 25th close) amounting to 60%. With the 6 months preceding this run up amounting to 50% in losses, holde
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NatWest Shares (LON: NWG) Gap Up – JP Morgan Reaffirm As Government Divestment Continues
NatWest shares (LON: NWG) gapped up this morning, opening at 312.8 having closed out yesterday's session at 310.3p. With the stock price up 0.6% through the early part of trading, we take a look at the support in the bank's s
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Phoenix Group to Explore SunLife Sale
Insurance services provider Phoenix Group (LON: PHNX) announced Wednesday that it intends to explore a potential sale of its SunLife Limited business. SunLife is a leading
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Doordash, Deliveroo Takeover Talks End on Valuation Disagreement, According to Report
Doordash (NASDAQ: DASH) reportedly showed interest in acquiring Deliveroo (LON: ROO) last month, according to Reuters (citing sources), but discussions ended due to disagreements on valuation.
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Funding Circle Shares (LON: FCH) Hit Multi Year High – US Market Exit Deal
Funding Circle shares (LON: FCH) bounced in the early part of trading, at one point hitting a round 100p and setting new multi year highs. Having gained almost 15% early, some of the gains have been given back through the day
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Shein Eyes London IPO Amid US Market Hurdles
The Global fashion retailer Shein has taken a significant step towards its financial future by confidentially filing for an Initial Public Offering (IPO) on the London Stock Exchange
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Shareholder Lancaster Investment Management Questions Hargreaves Lansdown Takeover Bid
Lancaster Investment Management, a shareholder in Hargreaves Lansdown (LON: HL.), published an open letter expressing concerns about the takeover bid from a private equity consortium led by CVC Capital Partners.
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Land Securities Acquires Additional 17.5% Stake in Bluewater
On Tuesday, Land Securities Group PLC (LON: LAND) announced the completion of a £120 million acquisition of a 17.5% stake in Bluewater, a leading UK retail destination. This increases Landsec's ownership to 66.25%.
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Will Labour Party’s Banking Policies Help?
The relationship between the Labour Party and the United Kingdom's banking sector is undergoing a notable shift. Led by Keir Starmer, the Labour Party has extended an olive branch to banks, indicating a desire for stability a
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Why Are Prudential Shares (LON: PRU) A Big UK Gainer?
Prudential shares (LON: PRU) were one of the big gainers on the London stock exchange today, as the price closed up more than 7% on news of a hefty stock buyback.
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Experian and Virgin Money Forge New Partnership
In a significant move in the financial industry, Experian (LON: EXPN) and Virgin Money (LON: VMUK) have announced a strategic partnership aimed at enhancing Virgin Money's digital customer experience. This collaboration repre
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GSK Firmly Supports London as Core Market Hub
In a resounding show of commitment to the London market, GSK PLC (LON: GSK) has made it clear that the company is staunchly behind keeping its primary stock listing in
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FTSE 100 Rises as European Indices Climb
The FTSE 100 started the week cautiously. On Monday, June 24, 2024, the index initially fell around 0.1% to 8,229.75. On Friday, London’s blue-chip index declined by 0.42%, falling over 34 points lower at 8237.72. Elsewhere,
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THG and Frasers Group Team Up: Myprotein Range to Land in Sports Direct Stores
THG PLC (LON: THG) announced a major partnership with Frasers Group (LON: FRAS) on Monday, which encompasses several areas to strengthen both companies' offerings. The agre
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RELX Share Price (LON: REL) Setting All Time Highs As AI Adds To Sentiment
The RELX share price (LSE:REL) has continued to take out new highs in recent days, with the latest mark of 3,622 representing both 52 we
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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
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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
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