European stocks joined in on a global bounce on Wednesday, as pressure on bond yields eased somewhat and investors went hunting for beaten-down names. The Stoxx Europe 600 index SXXP, +0.13% rose nearly 0.8% to 455.87, after a 2% drop on Tuesday, which was the biggest percentage decline since July …
Read More »Stocks revive as energy and inflation fears ease
London markets bounced back as inflation fears and the energy crisis noticeably calmed. A steadying of oil and gas prices helped equities broadly, although meant energy stocks were among the weaker performers, and allayed worries that inflation would continue to soar and hammer profits. The FTSE 100’s rebound was particularly …
Read More »Priority for key workers at petrol stations– ‘fuel crisis’
THE nationwide ‘shortage’ of fuel caused by panic buying has raised many questions. But the one we asked our readers was: do you think key workers should be given priority at filling stations? More than 300 people responded with their views. Stations across Southampton have been left reeling over the …
Read More »UBS downgrades Royal Mail to ‘sell’, shares tumble
Royal Mail shares tumbled on Wednesday as UBS downgraded them to ‘sell’ from ‘buy’ and cut the price target to 440p from 590p. The bank said risks to opex were increasing, with potential pricing pressure in UK Parcel. UBS cut its FY22/23 EBIT estimates by 8%/15%, mainly driven by higher …
Read More »Academy pupil stamps her mark on art contest
Miss E McCullough (Art Teacher), Mrs Olga Casey (Head of Art), Cadey-Lee Jess, Mr R S McLoughlin (Principal), Mrs P McKenzie (Art Teacher) They opened a design competition to schools and pupils across the UK to create a series of stamps dedicated to “Covid Heroes” and as a school, Banbridge …
Read More »Blackwood pupil is finalist in Royal Mail stamp competition
A BLACKWOOD pupil is in the running to have her artwork featured in a special set of postal stamps. Royal Mail and iChild Limited have secured the Guinness World Record for the largest postage stamp design competition with 606,049 entries from 7,479 schools – in a competition celebrating the heroes of the …
Read More »2 reasons why the Royal Mail share price fell yesterday
The Royal Mail (LSE:RMG) share price took the biggest hit in the FTSE 100 yesterday. Shares in the company were down 8.8%, to trade at 440p. Although this week we are seeing a broad-based sell-off across global stock markets, this individual move seems high. Here are two reasons that I …
Read More »Banbridge Academy pupil recognised for her tribute to Captain Sir Tom Moore
A portrait of Captain Sir Tom Moore by a young artist from Northern Ireland is in the running to appear on a new stamp. he late Captain Tom made international headlines last year as he raised millions of pounds for NHS charities as healthcare staff fought the pandemic. His sponsored …
Read More »Princess Royal visits her Barrow-built warship HMS Albion
THE Princess Royal, Sponsor of HMS Albion, visited her warship to watch the largest military exercise in the UK this autumn. The Princess Royal launched the assault ship in Barrow back in 2001, and spent the visit catching up with the sailors and Royal Marines taking part in Exercise Joint …
Read More »European stocks rise on AstraZeneca, ASM strength
European stocks rose on Wednesday after one of the worst market routs this year as AstraZeneca lifted healthcare stocks on a deal to buy a rare disease drugmaker, while chip equipment producer ASM gained on an upbeat earnings forecast. British drugmaker AstraZeneca jumped 4.2% after saying it will take …
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