2023-02-23 12:46
BAE Systems (LSE: BA) announced that it had recorded an 8.9% increase in revenue to £21.26bn from £19.52bn in the previous year, while sales rose by 4.4% to £23.26bn. The c… Read More
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Investomania is a UK investment website that focuses on investor news and information on UK stocks and share prices. Its aim is to be insightful, interesting and informative, with a lack of investment jargon. As such, it may be of interest to long-term investors as well as traders seeking to stay up-to-date on the latest news and information affecting UK share prices.
2023-02-23 12:40
WPP (LSE: WPP) announced a 13% rise in revenue to £14.43 billion and a 22% jump in pretax profit to £1.16 billion for 2022, with strong performance across all key agencies. The F… Read More
2023-02-23 10:45
Rolls-Royce (LSE: RR) shares have seen a significant surge in early trading, rising 19% after the company's new CEO, Tufan Erginbilgic, announced better-than-expected results alongside plans… Read More
2023-02-23 10:35
Rolls-Royce (LSE: RR) has reported a £1.5 billion loss for 2022 due to the decreased revenue earned from the flying time of its Trent jets, which is struggling to recover to its pre-pa… Read More
2023-02-22 18:09
UK investors who lost money following the collapse of crypto exchange FTX have turned to the police, reports City AM.The business newspaper reports that 32 individuals have lost in the regio… Read More
2023-02-22 17:49
Cineworld Group PLC's bankruptcy hearings in the US are ongoing, with the cinema chain still waiting for a firm takeover offer. A Texas court heard that the company had contacted around 40 p… Read More
2023-02-22 10:16
The FTSE 100 index is down by 0.6% or 48.72 points at 7929.33. The annual results of Lloyds Banking Group and Rio Tinto have taken a toll on the market, with their shares dropping by 2%. Mea… Read More
2023-02-22 10:13
Rio Tinto (LSE: RIO) announced that it would be lowering its dividend for 2022, with a final dividend of $2.25 per share, down from $4.17 a year earlier, which resulted in a total dividend o… Read More
2023-02-22 09:58
Property developer Hammerson (LSE: HMSO), which focuses on urban and retail space in the UK, Ireland and France, has revised its 2021 earnings for IASB accounting. This decision follows an a… Read More
2023-02-22 09:53
Lloyds Banking Group (LSE: LLOY) shares slipped by a penny to just over 50p as the bank's results were met with a cool reception. While analysts at Jefferies deemed the results and future gu… Read More
2023-02-21 17:34
London’s FTSE 100 index finished below 8,000 today, slipping 0.46% to 7,977.74 points due to a broad sell-off triggered by inflation and interest rate fears. The FTSE 250 index fell 1… Read More
2023-02-21 10:44
Self-storage provider Safestore (LSE: SAFE) has reported a strong start to its financial year in Q1 (ended on January 31). The company's revenue grew by 9.4% to £55.7 million from &pou&hell…Read More
2023-02-21 10:39
Medical equipment maker Smith & Nephew (LSE: SN) has reported a decline in operating profit after meeting its 2022 revenue forecast of $5.2 billion.Operating profit fell to $450 million… Read More
2023-02-21 10:35
InterContinental Hotels Group (IHG) (LSE: IHG) has announced that it will purchase $750m worth of its own shares and boost dividends following a year of growth. The company's operating profi… Read More
2023-02-21 10:31
Mining giant BHP has announced that it has experienced a 27% decline in its half-year profits, resulting in a $4.8 billion drop in revenue due to lower prices of iron ore and copper. As a re… Read More
2023-02-21 10:27
Chilean copper mining company Antofagasta (LSE: ANTO) has reported a 25% drop in profit before tax for 2022, with a fall of $2.56 billion ($2.13 billion) from the previous year. The decline… Read More
2023-02-21 10:21
HSBC (LSE: HSBA) has reported a substantial increase in profits in the last quarter, thanks to the rising interest rates around the world. The bank has announced that its earnings doubled to… Read More
2023-02-20 21:05
The European Union is urging banks to implement tough capital rules for holding cryptoassets quickly to meet the deadline set by the Basel Committee, a group of banking regulators from major… Read More
2023-02-20 20:54
The FTSE 100 closed 0.1% higher on Monday, while the FTSE 250 ended the day flat. The US markets were closed for Presidents' Day, leaving investors to look forward to Wednesday's release of… Read More
2023-02-20 20:40
Sports Direct and Slazenger owner Frasers Group (LSE: FRAS) has initiated a share buyback scheme of up to £ 80 million. This is the fifth buyback scheme launched by the retail giant si… Read More
2023-02-20 14:37
Hong Kong's Securities and Futures Commission (SFC) is seeking public comments on regulating virtual asset trading platforms in Hong Kong. Beginning on 1 June 2023, any virtual asset trading… Read More
2023-02-20 14:29
Planet Organic, the high-end London based organic grocery chain is reportedly considering selling the business. The company was established by Renée Elliott in 1995 and presently oper… Read More
2023-02-20 12:53
Gold prices continue to hover around a six-week low on Monday, as investors await more cues on the direction of US monetary policy. The Federal Reserve has indicated it has enough impetus to… Read More
2023-02-20 12:47
OKX has recently released its monthly Proof of Reserves (PoR) report, revealing that the exchange holds clean assets worth $8.6 billion. This is an increase of almost 15% from its January re… Read More
2023-02-20 12:39
Tesco is said to be reviewing the possibility of selling Tesco Bank, its banking arm.The review process is still in its early stages and there is a possibility that a partial sale or joint v… Read More
2023-02-20 09:45
Darktrace has commissioned an external report into its finances, aiming to counter the recent report from short-seller Quintessential Capital Management that questioned the validity of its f… Read More
2023-02-20 09:42
The FTSE 100 index started the day flat at 8004 as investors chose to remain cautious before the release of blue-chip earnings later this week. In contrast, Asian markets closed in positive… Read More
2023-02-18 18:46
Binance Holdings has been the subject of regulatory scrutiny in the US, prompting reports that it was considering ending its relationships with US business partners. However, CEO Changpeng Z… Read More
2023-02-18 18:14
Cryptocurrency markets have had an eventful week, defying regulatory pressures and rallying upwards. While the gains are surprising given the regulatory crackdowns and lack of fundamental im… Read More
2023-02-18 14:51
So, here is the thing, a lot of retail forex traders tend to fail because they don't have enough capital to work with. Even if someone is consistently making a profit, it's pretty tough to m… Read More
2023-02-17 16:54
The FTSE 250 index may offer some good choices, with companies that usually have a growth story to tell. As the FTSE 100 index grabs international attention, many investors may overlook the… Read More
2023-02-17 15:03
Superdry's co-founder and CEO Julian Dunkerton has acquired an additional £402,000 worth of shares, causing Superdry's stock to rise by 3.2% today.Dunkerton, who already owns more than… Read More
2023-02-17 14:57
Online estate agent Purplebricks (LSE: PURP) is considering a potential sale after it announced that its cost-cutting efforts led to wider losses this year. Purplebricks had implemented a tu… Read More
2023-02-17 14:45
French energy company EDF's UK arm has reported earnings of £1.12bn, driven by the improved performance of its nuclear electricity generators and higher electricity prices in the whole… Read More
2023-02-17 11:41
The Big Metaverse DeclineJemima Kelly | FT | February 16 2023Jemima Kelly discusses the decline in excitement for the metaverse concept over the past year. Despite a highly publicised Super… Read More
2023-02-17 10:23
Bitcoin experienced a 4.8% decline and was trading below $24,000 during the London session on Friday. Other smaller tokens, including Ether, Avalanche, and Binance Coin, also declined.The Se… Read More
2023-02-17 10:17
Qatari investors, including former Prime Minister and ex-head of the Qatar Investment Authority Hamad bin Jassim bin Jaber Al Thani, are set to make a £5 billion opening bid for Manche… Read More
2023-02-17 10:11
The Bank of Japan (BOJ) today announced that it will launch a pilot programme in April for issuing a digital yen. The central bank aims to issue a central bank digital currency (CBDC) in Jap… Read More
2023-02-17 10:07
The US dollar rose to a six-week high on Friday as investors bet on more interest rate increases following strong US economic data and comments from Federal Reserve officials.Last week, the… Read More
2023-02-17 09:55
Oil prices fell this morning, dropping around 2%, as investors worried about more interest rate hikes by the US Federal Reserve that could weigh on demand, and signs of oversupply. The oil m… Read More
2023-02-17 09:50
Despite an 8.4% rise in revenue to £669 million, leading real estate investment trust Segro (LSE: SGRO) reported a pretax loss of £1.93 billion for 2022 due to a property loss. H… Read More
2023-02-17 09:41
NatWest shares have fallen 9% in early trading, despite the bank reporting a strong financial position with increased returns for shareholders. According to Richard Hunter, head of markets a… Read More
2023-02-17 09:36
NatWest (LSE: NWG) has reported an operating profit before tax of over £5.1 billion, which is up by more than a third from last year. The bank also announced its plan to buy back share… Read More
2023-02-16 13:48
Jaime Rogozinski, the founder of the popular online trading community WallStreetBets, is suing Reddit for wrongfully banning him from moderating the community and infringing on his trademark… Read More
2023-02-16 13:30
The FTSE 100 index (INDEXFTSE: UKX) gained almost 50 points to close at 8045.0, up 0.6% for the day, surpassing its previous record high. The bumper earnings from the owner of British Gas an… Read More
2023-02-16 11:16
Binance, the largest cryptocurrency exchange, is preparing to pay fines to settle an investigation into its US business, reports the WSJ. The decision is a reversal of the exchange's previou… Read More
2023-02-16 11:04
Coca-Cola has discontinued Lilt, the iconic tropical fizzy drink that has been sold in the UK for almost 50 years. The brand will be relaunched as Fanta Pineapple and Grapefruit, with the ne… Read More
2023-02-16 10:58
Zopa, the London-based digital lender, has acquired buy-now-pay-later firm DivideBuy as it looks to expand its offerings to customers, reports CityAM. The deal marks Zopa's first acquisition… Read More
2023-02-16 10:42
FTSE 250-listed Indivior has reported a swing to a full-year loss despite a 14% increase in net revenue, largely driven by its Sublocade injection. However, the company booked an exceptional… Read More
2023-02-16 09:42
Boohoo (LSE: BOO) has launched a new performance plan for its senior management team after its previous plan had "no value." The existing plan had become ineffective as the targets set were… Read More
2023-02-16 09:34
The Financial Stability Board (FSB), which is part of the G20, has announced that it will take action to address the issues related to decentralised finance (DeFi). The announcement comes af… Read More
2023-02-16 09:21
Standard Chartered (LSE: STAN) has posted a strong set of results in 2022, with double-digit increases in both annual profit and income. The Asia-focused lender's pretax profit increased by… Read More
2023-02-16 08:49
Centrica (LSE: CNA), the parent company of British Gas, reported a record-breaking annual profit of £3.3 billion for 2022, beating its previous record of £2.7 billion in 2012. Al… Read More
2023-02-15 17:14
Liberty Global takes 5% Vodafone stakeUS-based telecoms group, Liberty Global, an investor in Virgin Media O2 and ITV, has announced that it has acquired a 5% stake in Vodafone. Liberty's CE… Read More
2023-02-15 16:09
A US bankruptcy judge has rejected the call for an independent investigation into the collapse of crypto exchange FTX, stating that the proposed investigation is redundant to investigations… Read More
2023-02-15 15:55
Borsa Istanbul soared by nearly 10% on Wednesday as the exchange reopened after being closed for five days due to the recent earthquake and previous steep falls. The earthquakes, which struc… Read More
2023-02-15 11:32
Binance USD (BUSD), the third-largest stablecoin by market cap, is inching higher to its intended $1 peg value after the clarification by Binance CEO Changpeng Zhao. The New York Department… Read More
2023-02-15 11:18
The British pound tumbled against major currencies on Wednesday, after a bigger-than-expected drop in UK inflation for January, indicating that the Bank of England may end its interest rate… Read More
2023-02-15 11:15
Despite a solid start to the year, the momentum for gold has faltered in recent weeks. This corrective move has caused the price of gold to drop from a high of $1,959 to its current price of… Read More
2023-02-15 10:01
Investment platform Hargreaves Lansdown (LSE: HL) has announced that it plans to increase its ordinary dividend in line with its full-year outlook. This comes as the company reported a surge… Read More
2023-02-15 09:50
Barclays has reported a yearly profit of £7 billion, which includes a surplus of £1.3 billion in Q4 of 2022. The total dividend for 2022 of 7.25p per share is up from 6p in the p… Read More
2023-02-15 09:45
Glencore (LSE: GLEN) has reported record pre-tax profits of $22.88bn for 2022, a significant increase from last year's $7.38bn. Net income surged to $17.32bn from $4.97bn, thanks to signific… Read More
2023-02-15 09:40
Dunelm (LSE: DNLM) has seen a 5% increase in sales to £835 million in the first half of the year, boosted by customers buying warmer bedding to lower energy bills. The FTSE 250 company… Read More
2023-02-15 09:37
The FTSE 100 index (INDEXFTSE: UKX) got off to a weaker-than-expected start, with the benchmark dropping 22 points to 7931.85. The index was pulled down by Barclays, whose £500 million… Read More
2023-02-14 16:13
US crypto exchange Coinbase has said it will 'defend staking in court' against the US Securities and Exchange Commission (SEC) if needed. The SEC has been increasing pressure on crypto compa… Read More
2023-02-14 15:55
The FTSE 100 continues to rise to new record heights, with two companies at the forefront of its success compared to international peers: BP and Shell. Both FTSE 100 oil giants have posted r… Read More
2023-02-14 15:37
The British Gas (LSE: CNA) owner's shares have risen over 25% in the past year due to soaring fossil fuel prices. With the shares still down over 20% from their level five years ago, the com… Read More
2023-02-14 14:11
Travel group TUI (LSE: TUI) has boosted travel stocks by announcing optimistic booking trends for summer and next winter, with 8.7 million upcoming bookings for the 2023 seasons. This news c… Read More
2023-02-14 12:02
Altitude Group (LSE:ALT), reported on Tuesday that it expects fiscal year 2023 results to be "materially ahead" of current market expectations. The announcement has led to a significant incr… Read More
2023-02-14 11:57
Kanabo Group (LSE: KNB) has announced it has fully integrated its acquisition of GP Service. The acquisition has enabled Kanabo to expand its activities across the digital health services ar… Read More
2023-02-14 11:31
Gold prices rose slightly on Tuesday as the dollar weakened, with investors preparing for a report on US inflation that could impact the Federal Reserve's interest rate policy.Spot gold incr… Read More
2023-02-14 11:15
Lyft takes a tumble as earnings call disappointsLyft's shares fell by over a third on 10 February following a weak outlook from the ride-hailing giant. The company's earnings call was descri… Read More
2023-02-14 10:16
Amigo Holdings PLC (LSE: AMGO) has escaped a potential £72.9m fine from the UK’s Financial Conduct Authority (FCA) for failing to carry out adequate affordability checks on borro… Read More
2023-02-14 10:05
Shares of Coca-Cola HBC (LSE: CCH) rose by 4% to 2,020p after the company reported a 28% increase in reported net revenue, which rose to 9.2 billion euros. However, net profits fell by 24% t… Read More
2023-02-14 09:58
CDF trading platform Plus500 (LSE: PLUS) achieved profits of $453.8m as traders who started using the platform during the pandemic continued to trade in 2022. The figure was well above the c… Read More
2023-02-14 09:53
The FTSE 100 approached 8000 thanks to a stronger-than-anticipated performance, increasing 30.65 points to 7978.25. The rally was led by Coca-Cola HBC, which rose 4%, and Flutter Entertainme… Read More
2023-02-13 16:59
Liberty Global has acquired a 4.92% stake in Vodafone, reports the Financial Times. The acquisition of 1,335 Vodafone shares represents just under 5% of the telecom's outstanding share capit… Read More
2023-02-13 16:56
The FTSE 100 closed at 7943, almost reaching an overall record and marking its highest end-of-day figure ever. The FTSE rose 0.8% since opening, peaking at 7944, just short of Thursday's 794… Read More
2023-02-13 16:50
NatWest Group is poised to purchase 85% of pensions and savings company Cushon in a £140m deal. The remaining 15% of shares will be retained by Cushon's management.Cushon's focus lies… Read More
2023-02-13 16:36
The US dollar has reached a one-week high against the yen (USD/JPY) as the Federal Reserve is expected to maintain a tight monetary policy for longer. The consumer price data release, which… Read More
2023-02-13 14:46
The US Securities and Exchange Commission (SEC) plans to sue stablecoin issuer Paxos, over its Binance USD (BUSD) token, according to the Wall Street Journal. The SEC claims that BUSD is an… Read More
2023-02-13 14:08
Lok’n Store Group (LSE: LOK), the London-based self-storage firm, has reported a 10% rise in same-store revenue for the first half of its financial year, with move-ins up 14% YoY. Occu… Read More
2023-02-13 12:11
Digital security firm, Kape Technologies (LSE: KAPE) has received a £1.25bn takeover offer from its largest shareholder, Teddy Sagi, through his company Unikmind Holdings reports Reute… Read More
2023-02-13 11:16
This week, the Bank of England's monetary policy and UK inflation are likely to be in the spotlight. Inflation figures for January are due on Wednesday and are expected to show a decline to… Read More
2023-02-13 11:10
UK's leading banks are due to announce record profits over the next two weeks, following interest rate hikes which have boosted the banks' financials, reports CityAM. The big five FTSE 100 b… Read More
2023-02-13 11:04
Paxos, the company behind the stablecoin of popular cryptocurrency exchange Binance, has been ordered by New York's chief financial regulator to stop issuing the token. Binance CEO, Changpen… Read More
2023-02-13 10:32
Brickability Group (LSE: BRCK) announced that it expects its full-year earnings to surpass market expectations, thanks to strong results across all its business divisions. The Welsh building… Read More
2023-02-13 10:31
Vancouver-based mineral exploration and development company, Mkango Resources Ltd (LSE: MKA), has announced a successful funding round, raising £3.5 million through the sale of 28 mill… Read More
2023-02-13 10:29
Shares in the (LSE: ABDN) Abrdn Smaller Companies Income Trust rose 15% to 282p this morning after the firm announced plans to weigh liquidating or merging the company.The £60 million… Read More
2023-02-13 10:28
Shares of Centrica, the owner of British Gas, have lifted the FTSE 100 higher ahead of its annual results, due later this week. The index rose 20.13 points to 7902.58 with Centrica's shares… Read More
2023-02-10 17:58
Elon Musk is well on his way to becoming the richest man in the world once again. Thanks to a recent surge in Tesla's stock, Musk is closing in on current title holder Bernard Arnault, the C… Read More
2023-02-10 17:39
Christina Parthenidou from XM Research sheds light on the good and bad news for the US stock rally in 2023. With the Nasdaq 100 marking a four-week streak of increases, the positive market s… Read More
2023-02-10 17:10
The FTSE 100 is expected to be a promising year for dividend stocks with an estimated £85.8bn in forecast dividends and the potential to reach £90bn in 2024.As payouts from divid… Read More
2023-02-10 16:55
The FTSE 100 (INDEXFTSE: UKX) has begun 2023 strongly, reaching a fresh all-time high, despite being the only major economy predicted to head into a recession this year. The blue-chip index… Read More
2023-02-10 14:36
The stock market is often described as chaotic, making it difficult to determine the performance of equities. In an effort to impose some order and rigour, stocks are often categorised into… Read More
2023-02-10 14:13
Who Owns BP And Who Will Benefit From £23bn Profit?Alex Finnis | i Paper | February 7 2023In this piece, Alex Finnis talks about the recent announcement of BP's record £23bn prof… Read More
2023-02-10 12:28
Credit Suisse's billion-dollar blowCredit Suisse has reported a loss of CHF1.4bn ($1.5bn), its largest single quarterly loss since the 2008 financial crisis. This is due to falling investmen… Read More
2023-02-10 12:17
Robinhood Markets Inc. lost over $57 million after they were "forced" to buy a meme stock during a frenzy, according to executives.Robinhood accidentally sold short on Cosmos Health Inc. in… Read More
2023-02-10 11:20
Bitcoin's 2023 rally has hit a snag as the US SEC increases pressure on the crypto industry and investor worries grow over the impact of higher-for-longer interest rates on speculative asset… Read More
2023-02-10 10:57
Credit Suisse reported a CHF1.4bn (£1.3bn) quarterly loss, bringing its total loss for the year to CHF7.3bn (£6.6bn), but CEO Ulrich Koerner is optimistic about the future of the… Read More
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