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FTSE unfazed by Biden decision but airlines nosedive on Ryanair caution

The FTSE 100 started the week on the front foot, seemingly unfazed by President Joe Biden's decision to bow out of the re-election race, although the travel sector stalled after a Ryanair warning.The FTSE 100 index traded up 30.98...

22 July 2024
Retail stocks cheapen as cold weather takes the heat out of June sales

Gloomy start to summer spendingJune volumes worse than fearedPoor showing from weather-sensitive categoriesRetail sales fell in June as colder-than-average weather conditions and election uncertainty dampened consumer spending, with...

19 July 2024
FTSE opens green despite gloomy retail sales and global IT issues

The FTSE 100 was in the green on Friday morning, while other stocks were mostly downbeat amid gloomy UK retail sales data and a global IT outage.Companies around the world reported technical issues, with planes grounded, trains...

19 July 2024
FTSE 100 ends the day higher, ECB holds rates

Stocks in London ended higher on Thursday, with promising updates sending retailers Frasers and Dunelm higher, while in mainland Europe, the European Central Bank took centre-stage as it opted to leave rates unmoved.The conviction...

18 July 2024
FTSE 100 makes gains at midday ahead of ECB interest rate decision

Stock prices in London were in the green at midday, as investors awaited the next interest rate call from the European Central Bank, while UK Prime Minister Keir Starmer hosted leaders from across Europe at a summit.The FTSE 100...

18 July 2024
Dunelm does it again, beating forecasts and sending its shares soaring

Sales rise on volume growthEarnings to top estimatesCEO optimistic for coming yearHomewares retailer Dunelm (DNLM) demonstrated once again how resilient its business is against a challenging consumer backdrop by posting an increase...

18 July 2024
Frasers’ profits reach top end of guidance in ‘break-out year’ for future growth

Annual profits power 13.1% higherStand-out showing from Sports Direct'Strong' profit increase expected in FY25Frasers' (FRAS) topped the FTSE 100 leader board on Thursday 18 July, surging 9.5% higher to 899p after the retail giant...

18 July 2024
Frasers jumps on firm London equities open

London stocks outperformed its European peers on Thursday morning, as investors await a key interest rate decision by the European Central Bank.The FTSE 100 index opened 78.02, or 1.0%, at 8,266.64. The FTSE 250 was up 54.31 points,...

18 July 2024
UK's hottest funds: Is their popularity deserved?

Funds can often be in vogue with investors thanks to a big-name manager or a past reputation, but just how well-earned is the popularity of the UK's most popular funds and investment trusts?In this article we've taken a look at the...

18 July 2024
A Melrose by any other name should smell just as sweet

Hot on the heels of the UK election and the float of Raspberry Pi (RPI) comes another highly-anticipated UK IPO (initial public offering), this time on AIM.Rosebank Industries (ROSE:AIM) placed 20 million shares at 250p last week...

18 July 2024

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