Stock market
IHG, Unilever sign deal for bathroom products: Good time to buy stocks?
June 20, 2022 02:34 PM BST| By Abhishek SharmaPlastic pollution has become a major concern across the world. Companies have been trying new innovations to switch to more environmental-friendly ways to carry out their day-to-day activities. With a similar aim in sight, IHG Hotels & Resorts .....
CNA, DRX, SSE: Stock to watch as Ofgem plans to prevent company closures
June 20, 2022 11:16 AM BST| By Priya BhandariBritain’s energy watchdog Ofgem has proposed a new plan to improve the financial health of the operating energy suppliers. Last year, over 30 energy suppliers in the UK stopped their operations due to a sharp rise in wholesale energy prices, .....
CWR, SED, AMTE: EV-related stocks to check out right now
June 20, 2022 10:30 AM BST| By Abhishek SharmaHighlights As more and more people switch to EVs, houses with off-parking have become more expensive. The prices have soared by up to 33% in some regions, according to new research. Fuel prices in the UK are touching new highs very frequen.....
RIO, GSK, DEC: Stocks investors may put their lens on amid recession fears
June 19, 2022 12:01 AM BST| By Priya BhandariThe growing inflation in the UK has become a major cause of concern after several years. The pessimism among households as well as businesses is increasingly becoming evident especially with the fears of recession and stagflation looming over the e.....
Glencore (LON: GLEN) set to deliver record profits: Should you hold stock?
June 18, 2022 12:01 AM BST| By Abhishek SharmaThe Russia-Ukraine fallout has led to economic turbulence not just in these two countries but across the world. Disruptions in supply chains have pushed up prices of almost everything to record highs, driving several businesses into losses. However.....
HSBA, NWG: Banking stocks in focus after BoE's interest rate hike
June 17, 2022 07:12 AM BST| By Abhishek SharmaHighlights The Bank of England hiked the interest rates on Thursday by 0.25 percentage points, taking it to a 13-year high of 1.25%. Several lenders had increased their mortgage rates ahead of the central bank's announcement. Homeowners ar.....
Food price rise may hit 15%: 3 stocks you may look at before investing
June 16, 2022 11:24 AM BST| By Priya BhandariThe food price rises in the UK are likely to peak at 15% this summer, its highest level in over 20 years, a report by the Institute of Grocery Distribution (IGD) stated. ©2022 Kalkine Media® The research revealed that the food price in.....
GSK's spin-off Haleon to be listed on LSE: Should you hold stock?
June 16, 2022 10:50 AM BST| By Abhishek SharmaPharma giant GSK plc (LON: GSK), which was previously known as GlaxoSmithKline plc, had in February announced that it would demerge its consumer healthcare business into a separate arm called Haleon. The new company is expected to be listed on the .....
DRX, TRIG, CPH2: Should you bet on these renewable energy stocks now?
June 16, 2022 07:22 AM BST| By Abhishek SharmaWith the net-zero targets in sight, governments and companies are looking for innovative ways to switch to alternative energy sources that produce lesser emissions. Along with the environmental benefits, the switch will also give a boost to the job.....
WTB, JDW: Stocks to eye as hospitality firms hike pay to attract staff
June 15, 2022 04:27 PM BST| By Abhishek SharmaHighlights The leisure sector is booming after the removal of COVID-19 restrictions. However, companies are struggling to hire new staff and have bumped up salaries to attract more workers. After two years of struggle due to the pandemic, .....
BMY, SMWH, WTB: Should you invest in these stocks now?
June 15, 2022 04:12 PM BST| By Rishika RainaThe FTSE 100 index moved higher on Wednesday with several companies reporting higher sales and profits, including Bloomsbury (LON: BMY), WH Smith (LON: SMWH), and Whitbread (LON: WTB). The blue-chip index was up by 1.37% at around 11:00 AM (GMT+1) .....
CWR, AFC, AMTE: Should you invest in these EV-related stocks now?
June 15, 2022 12:50 PM BST| By Rishika RainaOn Monday, petrol and diesel prices in the UK reached record-high levels as the government declared that it was removing the last few residual subsidies for electric vehicles (EVs). As per the latest RAC data, average pump prices for diesel surged .....
FXPO, IRON, BHP: Stocks to eye as pressure grows to extend steel import quotas
June 15, 2022 12:36 PM BST| By Priya BhandariThe UK steel industry and Labour urged the Boris Johnson government to extend metal import limits brought in after Brexit. Various producers have said that they can lose up to £150 million in annual sales if the UK government ignores their re.....
Which UK banks are closing branches this year?
June 15, 2022 11:22 AM BST| By Abhishek SharmaSeveral banks and building societies in the UK have shut down a number of branches and ATMs across the country. The lenders claim that people are now transitioning to digital money and online banking, and as a result, fewer customers are physically.....
HSBA, NWG, LLOY: Should you invest in these FTSE-listed banks now?
June 15, 2022 08:28 AM BST| By Rishika RainaUnder the new proposals of the Financial Conduct Authority (FCA), banks and building societies will have to increase their efforts to look at how the reductions to their services, like decreasing the branch opening times, are impacting the customer.....
NWG, OSB, MAB1: Should you consider these mortgage-related stocks?
June 15, 2022 07:55 AM BST| By Abhishek SharmaDespite the high cost of living and skyrocketing prices of houses, new mortgage commitments in the country saw an uptick during the first quarter of 2022, new data has revealed. The data from the Bank of England’s (BoE) mortgage lenders and .....
PAGE, STEM, RWA: Should you invest in these recruitment stocks?
June 14, 2022 02:28 PM BST| By Abhishek SharmaEven as inflation has reached four decade-high levels, the wages in the UK have failed to catch up with the rising prices, making it difficult for millions of people to manage household budgets. As per the latest figures from the Office for Nationa.....
NG., DRX, CNA: Stocks to eye as talks are on to keep coal power units open
June 14, 2022 11:21 AM BST| By Rishika RainaWith a rough winter lying ahead for Brits, the UK Government has been negotiating with the French energy firm EDF to continue the functioning of a coal-fired power station in Nottinghamshire for five more months than planned earlier. © 2022.....
SHEL, DEC, BP.: FTSE stocks to eye amid urgent review of fuel market
June 14, 2022 10:37 AM BST| By Priya BhandariIn a bid to regulate the fuel market, UK Business Secretary Kwasi Kwarteng has urged the Competition and Markets Authority (CMA) to examine the current situation and look if the petrol stations have passed on the 5p fuel duty cut to consumers. &.....
Lloyds (LON: LLOY) to pay £1,000 bonus to staff: Right time to buy stock?
June 14, 2022 10:25 AM BST| By Abhishek SharmaThe cost-of-living crisis is hitting UK households hard. Especially as offices reopen after the COVID-19 pandemic, employees who have been working from home for two years now have to consider additional expenses. These expenses like gas, which has .....