Stock market
NG., SSE, CNA: Stocks to consider as Ofgem proposes quarterly revision
May 16, 2022 02:03 PM BST| By Abhishek SharmaHighlights UK's energy regulator Ofgem has proposed that the energy price cap should be revised quarterly. It will benefit consumers sooner when the current record-high rates drop, it said. In a bid to provide relief to millions of Britons.....
BATS, IMB, AAL: Why should you eye these stocks amid rising inflation?
May 16, 2022 01:55 PM BST| By Rishika RainaHighlights BoE’s Governor Andrew Bailey is all set to face the wrath of Conservative MPs on Monday over the rising inflationary pressure. The UK inflation levels, which have recently hit a 30-year high of 7%, may move up to 10% by the end.....
London rents are rising, should you buy these stocks - CRN, ESP, RSI?
May 16, 2022 11:00 AM BST| By Priya BhandariHighlights Rents in the capital jumped by 12.3% over the last 12 months from £1,680 to £1,886. Rents in Inner London jumped by 22% to £2,513, which is around £500 more as compared to the previous year. Rents in Lond.....
HSBA, LLOY, BARC: As lending to SMEs drops, should you hold these stocks?
May 16, 2022 10:30 AM BST| By Abhishek SharmaHighlights A new survey has revealed that lending to small businesses in Q1 2022 has declined to the lowest since 2014. The survey by the Federation of Small Businesses also claimed that the approval rate stood at 43% during the period. Ev.....
INVP, BRW, EMG: Should you invest in these financial stocks now?
May 16, 2022 09:27 AM BST| By Rishika RainaHighlights A group of over 50 economists has written an open letter to Chancellor Rishi Sunak, warning about the economic impact of the post-Brexit plans to boost the competitiveness of the finance industry. According to the experts, the move t.....
KYGA, ABF, PFD: Stocks in focus as concerns grow over rising food prices
May 14, 2022 12:01 AM BST| By Abhishek SharmaHighlights: High food and energy prices have hit household budgets in the UK as inflation continues to break previous records. Ex-Sainsbury's boss has claimed that people should be ready for higher grocery bills in the longer term. The COV.....
BA., RR., BOE: Should you invest in these space-related stocks now?
May 13, 2022 10:50 AM BST| By Abhishek SharmaHighlights The UK government has entered a partnership deal with the US for commercial spaceflight collaboration. The deal would reduce UK's reliance on other countries to launch its satellites. Rockets, spaceplanes, and high-altitude ball.....
TSCO, SBRY, MKS: Should you buy these stocks amid salmonella scare?
May 13, 2022 10:47 AM BST| By Rishika RainaHighlights Sandwiches, wraps, and over 100 other products with cooked chicken have been withdrawn from sale by the UK’s major supermarket chains due to salmonella scare. Major supplier Cranswick Country Foods urged its customers to not co.....
Shell to sell over 400 petrol stations in Russia: Should you hold stock?
May 13, 2022 07:38 AM BST| By Abhishek SharmaHighlights Shell has announced that it will sell its 411 retail stations in Russia as part of its exit from the country. It has signed a deal with Russia's second-largest oil and gas producer Lukoil for an undisclosed amount. Over 350 employee.....
AV., ADM, HSX: Should you add these insurance stocks to your watchlist?
May 12, 2022 03:01 PM BST| By Abhishek SharmaHighlights The average premiums for home insurance have witnessed a significant fall, according to the Association of British Insurers. In the first quarter of 2022, the prices dropped to their lowest levels since the ABI started collecting thi.....
MNZS, CAPD, KCT: Should you invest in these service providers now?
May 12, 2022 01:13 PM BST| By Rishika RainaHighlights UK’s GDP declined by 0.1% in March 2022 after not growing at all in February, as per the latest ONS figures. The main contributor to the monthly decline in March’s GDP was the services sector, which declined by 0.2% in Ma.....
HAS, PAGE, RWA: Recruitment stocks to eye amid growing jobs market
May 12, 2022 11:07 AM BST| By Abhishek SharmaHighlights The UK's jobs market has continued to grow even as employers as unable to fill all the vacant posts due to a shortage of candidates. Companies are now offering higher salaries to attract more candidates, according to a new survey....
HAS, PAGE, RWA: Recruitment stocks to eye amid growing jobs market
May 12, 2022 10:57 AM BST| By Abhishek SharmaHighlights The UK's jobs market has continued to grow even as employers as unable to fill all the vacant posts due to a shortage of candidates. Companies are now offering higher salaries to attract more candidates, according to a new survey. .....
BP., SHEL, BATS: Should you opt for these blue-chip stocks now?
May 11, 2022 03:45 PM BST| By Rishika RainaHighlights London’s blue-chip firms are preparing to buy their own shares worth £37billion this year, as per investment platform AJ Bell. The number of shares to be repurchased this year will be over three times greater than what wa.....
AZN, ULVR, SHEL: Blue-chip stocks you may pick as fears of recession rise
May 11, 2022 10:29 AM BST| By Abhishek SharmaHighlights UK-based think tank NIESER has said that the country may slide into recession later this year. The think tank warned that an estimated 1.5 million households are likely to struggle to pay their food and energy bills. The UK econ...
Prince Charles hints at easing energy bills, should you eye these stocks?
May 11, 2022 10:21 AM BST| By Rishika RainaHighlights Amid the spiralling cost-of-living crisis, Prince Charles assured millions of stressed UK households that the energy bills would be reduced. Under the UK’s new Energy Security Bill, the energy price cap would be stretched beyon...
AUTO, MOTR, VTU: Are these used car dealers’ good investment choices?
May 11, 2022 07:25 AM BST| By Abhishek SharmaHighlights: The sales of used electric cars in Q1 2022 were 120% more than in Q1 2021, according to the latest data. In the wake of the rising costs and lack of availability, the used cars market is growing rapidly. Most people dream of o.....
Airtel Africa, Shell, BP.: Why these FTSE stocks are losing value?
May 10, 2022 02:25 PM BST| By Rishika RainaHighlights The zero-Covid lockdown policies of China have significantly impacted the global markets, including the UK market. On Tuesday, Asian equities hit their two-year low amid low economic growth and skyrocketing inflation. Oil prices, as.....
TSCO, SBRY, GRG: Stocks in focus as retail sales decline
May 10, 2022 10:41 AM BST| By Abhishek SharmaHighlights A new survey has found that retail sales in the UK dropped by 0.3% in April as people struggled with the cost-of-living crisis. This is the first drop in sales since January 2021, when several stores remained shut due to the coronavi...
NG., SSE, GLO: Energy stocks to eye amid fears of further rise in bills
May 10, 2022 08:18 AM BST| By Abhishek SharmaHighlights: Energy bills could reach £2900 after the energy cap is revised again in October; Scottish Power CEO Keith Anderson has warned. Anderson said that the most vulnerable, like those on universal credit or with pre-payment plans, r.....