Senior: FTSE 250 aerospace and defence group bags new contracts May 20, 2025 Senior shares edged up on Tuesday after it unveiled £168m worth of new contracts that will stretch into the 2030s. Shares in the FTSE 250 firm have soared nearly 40 per cent over the last month despite the threat of Donald Trump’s tariffs on the wider aerospace industry. The stock edged up nearly two per [...]
Volatility boosts IG Group after Freetrade deal completes May 12, 2025 IG Group has upgraded its profit guidance for the financial year after increased trading from high market volatility around global trade uncertainty boosted its revenue. “Elevated volatility across a range of asset classes, particularly in April, has resulted in higher levels of client trading activity than expected in typical market conditions,” the firm said in [...]
Travis Perkins: New CEO named after torrid year and FTSE 250 shares slump May 9, 2025 The man chosen to lead an almighty rebuilding project at construction supplies giant Travis Perkins has been named. Gavin Slark has been picked as the Northamptonshire-headquartered company’s new chief executive and is set to take up his role no later than 1 January, 2026. Slark has held the same position at SIG since 2023 and [...]
Metro Bank shares soar as lender’s turnaround gathers pace May 8, 2025 Metro Bank said there was a “significant increase” in quarter one profit against the second half of 2024 during a trading update on Thursday. Shares in the bank jumped nearly four per cent during early trading. The London-based firm said it was “confident” it would meet full-year targets after a “structurally higher” net interest margin, [...]
FTSE 100’s record run ends as pharma stocks slide on new Trump appointment May 7, 2025 The FTSE 100’s record run came to an end on Wednesday as pharma stocks slumped on the back of a controversial US regulatory appointment. The blue-chip index spent the entire session in the red and closed off 0.4 per cent. Drugmakers GSK and Astrazeneca were among the top fallers, at nearly five per cent and [...]
Trainline to take on Labour as shares plunge May 7, 2025 Trainline shares fell nearly eight per cent in early deals on Wednesday despite ticket sales reaching almost £6bn across its platform. The London-listed ticketing app’s stock price has fallen by more than a third this year due to concerns over government plans to launch a rival state-owned service. Trainline said it was taking an “increasingly [...]
FTSE 100 extends record win streak as gold miners rally May 6, 2025 The FTSE 100’s record run, fuelled by a recovery in investor sentiment following a pullback in US tariff threats, extended to 16 days on Tuesday. The blue-chip index had another nail-biting session fluctuating between small gains and losses before scraping a 0.01 per cent win. Gold miners led the risers as Endeavour and Fresnillo topped [...]
FTSE 100 on track for longest winning streak ever May 2, 2025 The FTSE 100 is set to net its longest winning run ever as it recovers from the tariff-induced market chaos of April. Should the UK’s flagship index continue its morning rally and close in the green on Friday for the 15th consecutive trading session, it will beat the current record of 14 days achieved in [...]
Clarkson: Shares in shipbroker plummet after tariff profit warning May 1, 2025 Shares in Clarkson plummeted on Thursday after the shipbroker lowered its annual profit forecast, citing the impact of US tariffs. Underlying pre-tax profit is expected to fall in the range of £85m to £95m, down 18 per cent from prior full-year guidance. The stock was down around 11 per cent in early trading. Clarkson cited [...]
FTSE 100 continues longest winning streak since 2017 April 30, 2025 The FTSE 100 is on track for another strong day after 12 days of positive performance, marking its best winning streak since 2017 amid a calming of investor nerves over an erratic US tariff policy. London’s main index has had a positive performance every day since 10 April, and is currently up 0.12 per cent [...]