High-end housebuilder Berkeley (BKG) welcomed planning reforms proposed by the new UK government as the FTSE 100 company assured investors it is 'on target' to meet recently upgraded earnings guidance for the year ending 30 April 2025. The London-focused property developer and housebuilder said 'trading has been stable' over the four months to 31 August 2024. As a result, Berkeley still expects...

Unsuspecting US investors returning to the office after the long Labour Day weekend on Tuesday (3 Sep) were given a rude awakening with US indices falling hard, led by the Technology-focused Nasdaq Composite index. AI darling Nvidia (NVDA:NASDAQ) was the third biggest faller in the S&P 500 index, down around 15% on the week, after news broke that the chip designer was facing a probe by the US D...

Stock prices in Europe were in the red on Friday morning, as investors await jobs data from the US after an ADP report on Thursday. The FTSE 100 index opened down 46.25 points, or 0.6%, at 8,196.43. The FTSE 250 was down 36.18 points, or 0.2%, at 20,726.32, and the AIM All-Share was down 8.14 points, or 1.1%, at 750.98. The Cboe UK 100 was down 0.7% at 819.72, the Cboe UK 250 was down 0.4% at 1...

Stocks in London drifted lower by the close on Thursday, as more weak US jobs data tested nerves ahead of Friday's nonfarm payrolls data. The FTSE 100 index closed down 27.89 points, 0.3%, at 8,241.71. The FTSE 250 ended down 46.11 points, 0.2%, at 20,762.50, and the AIM All-Share closed down 0.54 of a point, 0.1%, at 759.12. The Cboe UK 100 ended down 0.2% at 825.08, the Cboe UK 250 closed up...

Stock prices in London were lower at midday ahead of US jobs data, but alongside news that the UK construction sector is recovering from a 'difficult start' to the year. The FTSE 100 index was down 16.37 points, or 0.2%, at 8,253.23. The FTSE 250 was up 53.03 points, or 0.3%, at 20,861.64, and the AIM All-Share was up 1.09 points, or 0.1%, at 760.75. The Cboe UK 100 was down 0.1% at 825.66, the...

Shares in Jet2 (JET2:AIM) flew 1.6% higher to £14.78 as the market responded positively to the airline and package holidays provider's strong late booking momentum in July and August which helped lift on sale seat capacity for summer 2024 to 17.17 million seats, up 12.4% from last summer. In a trading update ahead of the firm's annual general meeting, the company said September customer number...

Associated British Foods (ABF) dropped to the bottom of the FTSE with the shares falling 4% after the grocery-to-retail conglomerate warned on sugar division profitability and reported a second half decline in like-for-like sales at Primark. The shares have slipped by just over a tenth since the middle of the year, paring year-to-date gains to 1.6% compared with a 7% advance in the blue-chip FT...

Online fast-fashion retailer ASOS (ASC) has sold a majority stake in the iconic Topshop and Topman brands for £135 million to Heartland, an investment vehicle of the Holch Povlsen family and their Bestseller business, ASOS' biggest shareholder with a 28% stake. ASOS shares rallied almost 15% to 417.4p as the site for fashion-loving 20-somethings also announced a much-needed refinancing plan in...

Stock prices in Europe opened in the red on Thursday morning in a data-heavy week for the US, as investors await US jobless figures. The FTSE 100 index opened down 7.81 points, or 0.1%, at 8,261.79. The FTSE 250 was down just 4.44 points at 20,804.17, and the AIM All-Share was down 1.03 points, or 0.1%, at 758.63. The Cboe UK 100 was down 0.1% at 826,40, the Cboe UK 250 was up marginally at 18,...

Stocks in London pulled back on Wednesday, as weak US jobs data fuelled worries about an economic slowdown. The FTSE 100 index closed down 28.86 points, 0.4%, at 8,269.60. The FTSE 250 ended down 23.53 points, 0.1%, at 20,785.03, and the AIM All-Share closed down 2.73 points, 0.4%, at 759.66. The Cboe UK 100 ended down 0.5% at 826.75, the Cboe UK 250 closed down 0.2% at 18,286.84, and the Cboe...

Stocks in London were lower at midday on Wednesday, despite upbeat domestic data, as heavy falls on Wall Street dented the mood. The FTSE 100 index was down 51.37 points, or 0.6%, at 8,247.25. The FTSE 250 was down 132.10 points, or 0.6%, at 20,676.05, and the AIM All-Share was down 4.94 points, or 0.7%, at 757.45. The Cboe UK 100, the Cboe UK 250, and the Cboe Small Companies were all down 0.6...

Shares in Direct Line (DLG) were down marginally to 192p in morning trading as the insurance company reported weaker-than-expected group operating profit for the first half. The group's operating profit came in at £63.7 million which was below company-compiled consensus analyst forecasts of £85 million The insurer has been through the wars over the last year after issuing a profit warning, s...

Shares in Chapel Down (CDGP:AIM) cheapened 16% to 58.5p after England's largest winemaker uncorked a first half profits plunge and said CEO Andrew Carter is leaving to take up a new role at Timothy Taylor & Co. Drinks industry veteran Carter's exit is a bitter blow to Chapel Down. During his three year stint as CEO, he oversaw the winemaker's move from the Aquis exchange to AIM and its market c...