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UK law-makers have tabled a motion criticising the government's plans for the railway industry, blasting them a 'national disgrace' that will lead to a poorer service and higher costs. Over a hundred members of parliament (MPs) have signed up to the early day motion (EDM), which opposes suggestion
Read moreIn the Telegraph, the Questor column puts speciality chemicals maker Croda firmly under the microscope. It makes many of the ingredients for cosmetics like lipstick and yesterday reported sales up 4.7% in the first quarter. The shares have been going great guns this year, up nearly 30% since Decem
Read more- Footsie flat after strong start - AstraZeneca drops after disappointing first-quarter results - Domestic economic data comes in mixed After a strong rise early on, the FTSE 100 had erased gains to trade broadly flat by lunchtime after a mixed reception to a barrage of company results and trading
Read more- Unilever, Shell, Whitbread, Barclays rise after results/updates - Astra, Croda, Admiral provide a drag - Fed expects growth to 'pick up gradually' The FTSE 100 was heading for its third consecutive rise on Thursday with some well-received results from Unilever, Royal Dutch Shell, Whitbread and Ba
Read moreAdmiral: Oriel Securities retains sell rating and 740p target. AstraZeneca: Panmure Gordon maintains buy rating and 3,600p target. Barclays: Nomura reiterates neutral rating and 268p target; Exane BNP Paribas keeps outperform rating and 300p target; Oriel Securities keeps buy rating and 285p targe
Read moreBus and trains operator Go-Ahead Group reported a solid first quarter, with growth seen in both parts of the business, leaving it on track to meet full year expectations. Outside London, the company's year-to-date revenue, excluding acquisitions, increased by around 4%, with passenger numbers up b
Read more- Stocks dragged down by Eurozone concerns - International Power receives approach from GDF Suez - FirstGroup plummets after gloomy update London's FTSE 100 index sank to its lowest levels of the day by the close of trade on Thursday with Eurozone worries once again in focus as bond yields in Italy
Read more- GDF looks to buy remaining stake in Int'l Power - Imperial has smoking second quarter - Travel groups drop on the FTSE 250 London's blue chips had sank by midday, falling well below the 5,800 level after earlier strength in the mining sector faded. The FTSE 100 has not closed under this level in
Read moreThe Department of Transport has announced the runners and riders for the three rail franchises it has up for renewal. In total, 13 companies are waiting on the platform to learn whether they have won the right to operate one or more of the three franchises: the Great Western, Thameslink and Essex T
Read more- Miners rise strongly, led by Rio - Imperial has smoking second quarter - FirstGroup drops on the FTSE 250 It was a cautious start for UK stocks, with London's blue chip index trading flat early on, not far off the 5,800 level. The FTSE 100 has not closed below this level in over three weeks. Ey
Read moreMixed news for FTSE 250 transport firm Go-Ahead as it is shortlisted to bid for the new Thameslink franchise but is not invited to bid for the Essex Thameside contract. Thameslink is a multi-billion pound project providing new and longer trains between north and south London. Essex Thameside conn
Read moreFirstgroup has sold its Northumberland Park bus depot in North-East London to Go-Ahead Group plc for a gross consideration of 14m pounds. The depot operates 130 vehicles on 13 routes which, together with around 400 employees, will transfer to Go-Ahead on March 30th. Tim O'Toole, Chief Executive of
Read more- US data comes in better-than-expected. - EC cuts GDP estimates across the board. - RBS, Capita lead risers after full-year results. London's blue chip index finished strongly on Thursday, gaining nearly 40 points in the final two hours, after some better-than-expected economic data Stateside bo
Read moreShares in metals and alloys treatment firm Bodycote rocketed after it said profit surged 68% helped by strong demand at its aerospace and defence unit and robust sales overseas. The group said despite economic headwinds, particularly in Europe, the business would continue to make progress in the com
Read more- EC cuts GDP estimates across the board. - RBS, Capita lead risers after full-year results. - German IFO survey comes in at six-month high. After a strong start, gains for the Footsie were pared by lunchtime after the European Commission cut its forecasts for economic growth. The market reaction t
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