FTSE 100 giants Rolls-Royce and Shell lead City market rally July 31, 2025 A fleet of corporate news helped the FTSE 100 edge up in early trading on Thursday with a number of rallies from the index’s heavyweights. Positive updates from Rolls-Royce and Rentokil helped London’s flagship stock market rise 0.5 per cent to 9.182.34 as markets opened. Rentokil topped the risers with a 11 per cent surge [...]
Schroders bounces back after weak performance July 31, 2025 Asset manager Schroders has rallied from a poor first quarter caused by tariff turmoil, through strategic investment in line with its three year transformation plan. Assets under management (AUM) remained stable at £776.6bn, down slightly from £778.7bn recorded the previous year, as improved performance and investment of £24bn was offset by foreign exchange movements due [...]
LSEG shares slip despite dividend rise July 31, 2025 Shares in LSEG slipped by more than two per cent in early morning trade despite the FTSE 100 giant upgrading its earnings forecasts and upping its dividend. The data and analytics business, which also operates the London Stock Exchange, said it had been the beneficiary of an intensifying market appetite for more and more data [...]
Rathbones profit drops but second half growth expected July 30, 2025 Profit at Rathbones suffered due to weak markets and an increase in costs,but it maintains its growth forecast for 2025. The wealth manager’s results, which were broadly in line with analyst expectations, revealed that underlying profit before tax declined to £107.7m from £112.1m, while net outflows hit £1bn up from £0.6bn. This was due to [...]
HSBC shares sink as impairment charge triggers 29 per cent profit hit July 30, 2025 Europe’s biggest lender HSBC suffered a 29 per cent annual hit to profit in the second quarter of the year after a hefty impairment charge related to business in China. The FTSE 100 juggernaut posted a $6.3bn (£4.72bn) pre-tax profit, missing analyst expectations of $6.99bn. This came as the lender recorded a $2.1bn write-down for [...]
Wise shareholders overwhelmingly approve plans to ditch UK primary listing July 28, 2025 UK fintech Wise has curbed a potential shareholder revolt to seal the transferal of its primary listing to the US despite an investor backlash over additional terms within the proposal. More than 90 per cent of Class A shareholders and 84.6 per cent of Class B shareholders approved the deal, which will see the firm [...]
UK markets face ‘serious challenge’ in risk-averse investors July 28, 2025 UK stocks are being stung by national risk aversion with Brits “low emotional capacity for risk” triggering widespread under-investment. Nearly six in ten Brits were unwilling to face the prospect of short-term losses on investments, according to Fresh research from Oxford Risk found and the UK’s second largest platform for private investors, Interactive Investor. Over [...]
Euro weakens as markets rally following EU-US trade deal July 28, 2025 The euro fell against the dollar in early morning trading, as currency markets focused on the risks to the European economy from the EU-US trade deal despite a positive reaction from global stock markets. The currency was down 0.5 per cent against the dollar at $1.169, wiping away gains made last week after Trump’s “big [...]
European markets rally as Trump and EU ink trade deal July 28, 2025 Markets across Europe opened in the green on Monday morning after President Donald Trump sealed a trade deal with the EU after months of discussion. The Cac 40 in Paris was up over one per cent and Germany’s DAX and Amsterdam’s AEX nearly one per cent. In London, the FTSE 100 jumped over 0.4 per [...]
Wood Group likely to recommend takeover sparking delisting fears July 28, 2025 London-listed engineering and consulting firm Wood Group said it is likely to recommend a takeover by Middle Eastern-based privately owned company Sidara sparking another potential delisting from the London Stock Exchange. Wood said on Monday that Sidara, formerly known as Dar Al-Handasah, had expressed interest in acquiring the group with a 35p per share deal. [...]