- Adjusted operating profit guidance slashed by 40%- UK cybersecurity space looks subscale- Shares warned of 'significant risk' to earnings in mid-JanuaryFTSE 250 cybersecurity consultancy NCC (NCC) lost 40% of its market value after slashing annual guidance for the year to 31 May 2023. The company had anticipated 'adjusted operating profit' of around £47 million, it's now looking at between...

UK stocks rallied sharply on Tuesday morning, their first day back after the Brexit deal announced before the Christmas break.However, gains slowly ebbed away as the session wore on after US markets were pulled lower by tech stocks, despite the approval of a combined $2.3 trillion Covid-19 relief and government funding packageAt the close the benchmark FTSE 100 index was up 100 points or 1.5%...

UK stocks rallied sharply on Tuesday as investors cheered the Brexit deal announced before the Christmas break.As of 1pm the benchmark FTSE 100 index was up 130 points or 2% higher at 6,633 points driven by gains in stocks with overseas earnings while domestic stocks such as banks were on the back foot.The UK was also playing catch-up to global market gains made on Monday while the UK was on...

UK stocks soared on Tuesday as investors cheered the Brexit deal announced before the Christmas break.Just after 9am, the benchmark FTSE 100 index was 2.2% higher at 6,646 points.The UK was also playing catch-up to global market gains made on Monday while the UK was on holiday, buoyed by President Trump's approval of the combined $2.3 trillion Covid-19 relief and government funding package.The...

Bad news is seemingly starting to catch up with the FTSE 100 as the UK's benchmark index fell 1.29% to 5,751.39 in early trading on Friday.Despite a mountain of concerning economic data, which today includes UK retail sales for March falling a record 5.1%, as a result of the coronavirus pandemic, markets appear to have shrugged off most of the numbers, with many becoming in line with revised...