UK Stock News
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
WOSG Shares Down 46% This Year, Here’s Why
Watches of Switzerland (WOSG) shares have plunged a staggering 46% so far in 2024, leaving investors wondering if and when it can recover.
Darktrace Lifts Guidance After Returning to Growth – Shares Up 6% In Early Trading
Cybersecurity firm Darktrace (LON: DARK) raised its annual revenue and margin forecasts for the third time this year after the company's third-quarter revenue rose 26.5%. DARK shares soared on open, pushing their way up to 47
Deliveroo Shares Are Rising – Here’s Why Analysts Are Bullish
Deliveroo (LON: ROO) has impressed investors by increasing its revenue and growing steadily despite the challenging economic conditions. This growth has helped push its shares 13% higher over the last month.
Today In Markets – FTSE100 & 250 Up, Tesco Shines, US CPI Print Causes Concern Stateside
In a dramatic day of trading, London's premier stock index, the FTSE 100, managed to carve out gains, closing at 7,961—a modest ascent of 26.42 points (0.33%). The blue-chip gauge saw a turbulent session, initially gearing to
Vistry Group Shares Up 29% YTD – Strikes Deals to Deliver 1,000 Mixed-Tenure Homes
In news today, housebuilder Vistry Group said that it has agreed two deals with Homes England to deliver 1,000 mixed-tenure homes. Vistry Group share price (LON: VTY) has reacted positively to the news, and is up 0.94% throug
Tesco Shares (TSCO) 5.94% Up : Positive Earnings Turns The Stock Green For 2024
Tesco shares (LON: TSCO) are up 5.94% as we enter the last hour of the trading day, after reporting its full-year 2023/2024 earnings Wednesday. A return to positive volume growth has been very well received by markets, gettin
Shell Shares Up (LON:SHEL) – CEO Mulls Shift from London to New York Amid Valuation Concerns
Shell shares (LON:SHEL) have added 0.83% so far today, amidst news that may jolt the UK financial markets.
BP Stock Gains as Q1 Oil Trading Result Expected to be Strong
British oil and gas giant BP shares (LON: BP.) jumped over 1.5% early Tuesday after the company revealed it is poised to kick off the year 2024 on a high note, as it ant
IAG Shares (LON: IAG) Breaking Out Of Range? Here’s Why Analysts Like The Stock
International Consolidated Airlines Group Shares (IAG) have experienced a strong rally over the past month, outperforming the FTSE 100. As