Tag Archives: Category:Market Report

Around 1,500 Post Office workers walked off the job on Monday, in the first 24-hour strike over pay at the state-owned company. Members of the Communication Workers Union (CWU) at Crown post offices were taking part in the action on Monday, after the company offered a 3% pay rise for …

Labour has launched a review of business startup funding driven by a group of industry leaders including the former Goldman Sachs chief economist and Conservative Treasury minister Jim O’Neill as it attempts to improve its credentials with business. Announcing the review amid concern over the strength of the British economy, …

At 1200 BST, the FTSE 100 was down 0.41% at 7,576.27, and the FTSE 250 was 0.09% weaker at 20,400.68. “Weak trading in the US may have seen the FTSE 100’s advance stall on Tuesday but the index was doing its best to eke out gains ahead of the Royal …

Communications watchdog Ofcom has launched an investigation into postal service and courier company Royal Mail‘s failure to meet its delivery targets over the last twelve months. According to Ofcom rules, Royal Mail must deliver 93% of first class mail within one working day of collection and 98.5% of second class …

London’s FTSE 100 was up 0.6% at 7,570.51 in afternoon trade on Thursday. Ocado surged to the top of the index, having tumbled a day earlier after Ocado Retail – its 50:50 joint venture with Marks & Spencer – cut its annual sales target. Intermediate Capital was a high riser …

Greencoat Renewables has agreed to acquire a 65MW portfolio of operating wind farms in France from Switzerland’s largest renewable energy generator Axpo, it announced on Tuesday. The AIM-traded firm said the acquisition comprised four wind farms, all of which benefited from long-term contracts with the French government. It said the …

US futures were in the green ahead of the bell on Monday as market participants look to try to reclaim recent losses following what has been an extended and relentless sell-off on the Street. As of 1220 BST, Dow Jones futures were up 0.85%, while S&P 500 and Nasdaq-100 futures …

London’s FTSE 100 was up 0.6% at 7,507.12 in afternoon trade on Tuesday. Imperial Brands was the top performer on the index as it reported lower operating profit after accounting for its exit from Russia in response to the invasion of Ukraine, but said it was on track to meet …

London stocks fell in early trade on Wednesday as investors mulled hawkish Fed comments and eyed the latest reading on the UK construction sector. At 0905 BST, the FTSE 100 was down 0.3% at 7,594.74. Overnight, Federal Reserve governor Lael Brainard said the US central bank could start reducing its …

Chariot has signed a memorandum of understanding with the Port of Rotterdam, it announced on Wednesday, as part of its planned green hydrogen project in Mauritania. The AIM-traded firm said the memorandum was a “first step” towards establishing supply chains to import green hydrogen and ammonia to meet expected demand …