UPDATE 1-UK Stocks-Factors to watch on Feb. 7 … U.S. imports, though Royal Mail slid to an all-time low after warning of a challenging year ahead. Source link
Read More »UPDATE 2-UK stocks up on China tariff cut, but Royal Mail at life low
* FTSE 100, FTSE 250 up 0.3% * China to reduce tariffs on some U.S. imports * Royal Mail skids after trading update * Beazley marks best day in over a decade (Adds company news items, updates share moves to closing prices) By Shashwat Awasthi and Muvija M Feb 6 …
Read More »Pound and U.K. stocks fall as Boris Johnson ramps up hard Brexit fears
The pound and U.K.-exposed stocks fell on Wednesday as renewed fears of a hard Brexit spooked investors. The FTSE 100 UKX, +0.21% made slight gains but the …
Read More »These Brexit Stocks Could Soar If Boris Johnson Wins U.K. Election
Text size Getty Images The U.K. election could give Boris Johnson the ammunition he needs to secure a Brexit deal, sending a basket of undervalued domestic stocks soaring. British politics remains unpredictable, as the last election and the 2016 European Union referendum demonstrate, but the opinion polls point towards a …
Read More »Here’s everything investors need to know ahead of Britain’s election next week
It may seem as if Britain has been mired in political turmoil almost forever, but the stalemate over Brexit and the U.K.’s future may come to an end next week when the public goes to the polls. Political uncertainty over the past three-and-a-half years has caused unprecedented volatility in the …
Read More »Royal Mail union loses appeal to overturn injunction halting strike
FILE PHOTO: A Royal Mail postal worker stands in the yard of a sorting office in Altrincham, Britain October 12, 2017. REUTERS/Phil Noble/File Photo (Reuters) – Britain’s Royal Mail (RMG.L) on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike …
Read More »UPDATE 2-FTSE dips on murky trade view; Tullow tanks on mid-caps
* FTSE 100 down 0.2%, FTSE 250 down 0.7% * Tullow Oil sinks after cutting output view * Financials weigh on main index * Coca-Cola HBC outperforms * Royal Mail jumps on court ruling (Adds news items, analyst comment, updates to closing prices) By Muvija M and Shashwat Awasthi Nov …
Read More »PRESS DIGEST- British Business – Oct 16
Oct 16 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – British money manager Neil Woodford’s investment empire disintegrated on Tuesday as the stockpicker announced plans to shut …
Read More »UPDATE 1-UK stocks recoil as Brexit euphoria cools; Sophos soars
* FTSE 100 down 0.4%, FTSE 250 down 1.2% * UK indexes ease after Friday’s rally * Sophos jumps on buyout deal, leads peer Avast higher * Royal Mail drops as threat of Christmas strike looms (Adds news items, analyst comments, updates share prices) By Shashwat Awasthi Oct 14 (Reuters) …
Read More »Labour to fight nationalisation battles in court
A shadow cabinet minister has warned that a Labour government’s drive to nationalise key industries could fail, if the party loses the first legal challenge to the controversial plans. Jon Trickett, shadow minister for the Cabinet Office, told an audience at a Labour conference fringe event last Tuesday that the …
Read More »