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- FTSE 100 at three-week high - UK GDP revised higher - UK deficit jumps, consumer confidence weakens - BAE drops, Carnival sails higher techMARK 2,728.33 -0.24% FTSE 100 6,593.31 +0.13% FTSE 250 15,616.15 +0.17% UK markets held on to gains on Friday morning as stocks continue to trade at levels
Read moreAfrican Barrick Gold: Canaccord Genuity takes target price from 125p to 195p upgrading from hold to buy. Ashmore Group: UBS raises target price from 390p to 430p upgrading from neutral to buy. BAE Systems: JP Morgan cuts target price from 380p to 355p and maintains its underweight rating. UBS lowe
Read more- UK consumer confidence falls - BoE admits to poor economic estimates - S&P downgrades EU to 'AA+' - BAE tumbles after UAE walks away from Eurofighter deal techMARK 2,732.19 -0.10% FTSE 100 6,595.40 +0.16% FTSE 250 15,592.04 +0.01% UK stocks edged higher on Friday morning with markets hitting the
Read moreBAE Systems suffered a bruising setback after Britain's negotiations to supply 60 Typhoon fighter jets to the UAE collapsed and pricing talks on a separate deal with Saudi Arabia stalled. - Financial Times Millions of homeowners will be forced to rein in their spending or take a second job when int
Read more- Stocks trading within narrow range ahead of Fed - Fed decision due at 19:00 London time - BoE votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low techMARK 2,697.26 +0.47% FTSE 100 6,492.08 +0.09% FTSE 250 15,366.70 +0.12% Markets finished b
Read moreCentrica was the top riser on Wednesday after the energy company said it would sell its Texas gas-fired power stations to Blackstone for 685m dollars and use the proceeds to extend its share buyback programme. Chipmaker ARM Holdings gained after Dixons Retail posted sales growth driven by tablet co
Read moreUBS has downgraded its ratings for both Marks & Spencer and ASOS from 'buy' to 'neutral', highlighting higher levels of promotional spend across the industry as of late. "The clothing retailers look to have pressed the panic button this year as subdued real disposable income, weak footfall and warm
Read more- Taper speculation picks up ahead of Fed decision - MPC votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low - Retailers under the weather techMARK 2,693.27 +0.32% FTSE 100 6,500.40 +0.22% FTSE 250 15,391.16 +0.28% UK markets held on to gains
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Shares in Britain's major supermarket retailers - Marks & Spencer, Sainsbury, Tesco and WM Morrison - underperform for the second consecutive session, after negative broker comments following a study which showed they had lost market share. M&S also suffers a further blow after UBS cuts its
Read moreHigh Street retail group Marks & Spencer was trading in the red on Wednesday morning after analysts at UBS cut their rating on the stock from 'buy' to 'neutral', highlighting higher levels of promotional spend across the industry as of late. "The clothing retailers look to have pressed the panic bu
Read more- Fed meeting in focus, decision due out after close - BoE minutes to be released this morning - M&S downgraded by UBS to 'neutral' - Oil stocks in focus after exploration updates techMARK 2,701.33 +0.62% FTSE 100 6,512.99 +0.41% FTSE 250 15,387.21 +0.25% Markets opened slightly higher on Wednesda
Read moreLONDON, Dec 16 (Reuters) - Dozens of British clothing brands, including Topshop and Marks & Spencer, have halted the sourcing of product containing angora wool after an animal rights charity alleged cruelty in the fur extraction process in China. Last month, People for the Ethical Treatment
Read moreBy Chris Vellacott LONDON, Dec 12 (Reuters) - UK insurer Legal & General has hired Goldman Sachs to advise on a possible bid for the general insurance arm of the Co-operative Group, a source familiar with the process said. The group, which has already sold its life insurance and savi
Read moreLONDON, Dec 12 (Reuters) - UK Insurer Legal & General has hired Goldman Sachs to advise on a possible bid for the general insurance arm of the Co-operative Group, a source familiar with the process said. The group, which has already sold its life insurance and savings business, expects to
Read moreLONDON, Dec 12 (Reuters) - Supermarkets and other food sellers should be held criminally liable if they sell mislabelled meat to customers, according to a government-commissioned study on Thursday launched in the wake of a horsemeat scandal. In an interim report, Chris Elliott, director of
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