PPHE Hotel Group Jumps 24% on Takeover Approach
Israeli hotel giant Fattal tables £22-per-share cash offer for FTSE 250 hospitality group.
Israeli hotel giant Fattal tables £22-per-share cash offer for FTSE 250 hospitality group.
London stocks retreated as renewed Middle East violence unsettled investors despite reports of diplomatic progress emerging.
SSE reports earnings at guidance top end, 7% dividend rise, record £3.6bn capex investment.
Pets at Home shares rally on genuine retail progress, yet at 199.80p the market is underpricing the risk that stabilisation proves temporary.
FTSE 100 edges sideways as Middle East tensions, oil swings and corporate updates shape sentiment.
Pets At Home profits fell sharply after weak retail demand, despite improving sales momentum and veterinary growth.
Hollywood Bowl lifted its dividend and launched a £5 million buyback after stronger interim trading.
FTSE 100 closes higher as BP slump offsets gains from miners and retailers.
easyJet shares down 26% YTD despite strong holidays growth and improved load factors.
B&Q owner Kingfisher surges after confident Q1 update, confirming full-year profit guidance despite weak seasonal demand.
Bodycote surges on Apollo’s takeover proposal, valuing the British heat treatment firm at £1.52 billion.
FTSE 100 rose to 10,466 as Games Workshop and FTSE 250 stocks surge on bid interest and upgrades.
Ceres Power rallies on reported UBS price target lift.
Games Workshop forecasts record revenues driven by miniatures sales momentum and store expansion.
Rolls-Royce shares are up 85% in a year, but with valuations near record highs, expectations now leave little room for mistakes.
AJ Bell beats expectations with record inflows, 19% revenue growth and upgraded profit outlook.
FTSE 100 closes higher as miners rally, earnings disappoint and oil climbs again.
Record Experian results and a $1bn buyback fail to lift shares amid AI disruption fears.
Cooler inflation and a busy results day push the FTSE 100 up 0.94%.
M&S beats profit forecasts and raises dividend, signalling recovery from devastating cyberattack.
IG Group’s shares hit a record high after a strong Q1 trading update lifted guidance.
Currys jumps 14% after raising full-year profit guidance to £191 million, ahead of previous estimates.
3i Group delivered 22% returns and 19% NAV growth, yet shares fell 17% on results day after Action’s like-for-like sales growth halved.
Big Yellow revenue edges up 2% but pretax profit falls 38% as geopolitical pressures bite hard.
The FTSE 100 rose 1.26% to 10,323.75 on Monday as oil strength offset UK political turmoil and elevated bond yields.
Barclays combines strong capital returns, resilient trading income and cheap valuation, though rising impairments remain an uncomfortable warning signal.
NatWest’s Q1 impairment spike and weaker macro outlook expose margin pressure, making the pricey Evelyn deal harder to justify in a slowdown.
Strong FY26 results and German recovery show promise, but stretched valuation and analyst caution suggest gains may already be priced in.
UK housebuilder Vistry cuts FY26 profit guidance by up to 20% and halts buyback as discounting pressures hit first-half earnings.
Private equity firm 3i Group shares fall 20% after discount retailer Action reports dramatic sales growth slowdown to 2.4%.
British ingredients maker Tate and Lyle receives conditional 615p per share offer from US group Ingredion, a 64 per cent premium valuing the company at £2.7 billion.
Political chaos, soaring gilt yields and a mining reversal drove the FTSE 100’s sharpest weekly fall.
The shares are up 20% since January and 140% off their 2024 low. Full-year results on 21 May will show whether the numbers are catching up with the share price – or whether they are still some way behind.
Gilts recover after Tuesday’s 28-year high as Trump’s China summit dominates market attention.
Political chaos in Westminster and Iran tensions send gilt yields soaring, battering the FTSE 100.
Gulf clashes, Labour election losses, and an IAG profit warning dragged the FTSE 100 lower.
Strong corporate results lift UK blue chips despite oil price surge and central bank caution.
Gold slips but stays set for weekly gain as fragile ceasefire and inflation concerns shape sentiment.
London inches higher Friday as record oil prices and weekend peace talks keep investors cautious.
Gold retreats from three-week highs as ceasefire doubts and hawkish Fed minutes weigh.