Stock market
WTB, MAB, CPG: Stocks under lens as restaurant chains rack up huge losses
June 14, 2022 09:53 AM BST| By Priya BhandariTop 100 restaurants in the UK have seen their losses swell by 24% to £832 million from £673 million in just the past six months, according to an analysis by accountancy firm UHY Hacker Young. The losses were largely on the back of major.....
How is retailer B&M (LON: BME) faring amid cost-of-living crisis?
June 13, 2022 02:24 PM BST| By Abhishek SharmaIn the wake of the cost-of-living crisis, people are rushing to stores that offer cheap products and big discounts. There are several popular budget stores in the UK, but among those leading the race is B&M European Value Retail S.A. (LON: BME).....
Penny Stock Under £1
June 13, 2022 02:18 PM BST| By Rishika RainaHighlights The UK economy has been contracting for two months straight, with the GDP declining by 0.1% in March and 0.3% in April. Since January last year, this is the first instance of the monthly GDP estimate getting negative contributions fr.....
OBC, ARB, QBT: Stocks under lens as Bitcoin slips to 18-month low
June 13, 2022 11:56 AM BST| By Priya BhandariThe world’s largest and most popular cryptocurrency Bitcoin continued its selloff on Monday morning as the impact of US inflation data continued to reverberate across global risk assets, including crypto and stocks. ©2022 Kalkine Medi.....
Can HSBC (LON: HSBA) benefit from Asian spin-off?
June 13, 2022 10:05 AM BST| By Abhishek SharmaHighlights HSBC's biggest investor Ping An is pushing for an Asian spin-off of the lender to boost its profits. A new analysis has suggested that the move will unlock about US$26.5 billion (£22 billion) for the group. British multina.....
RIO, DEC, ANTO: FTSE stocks to explore amid recession alarms
June 13, 2022 09:58 AM BST| By Rishika RainaAmid the rising inflationary pressures and contracting growth, the UK economy is headed towards a slowdown. According to the Confederation of British Industry (CBI), the continuously escalating cost-of-living crisis in the country is showing no sig.....
XAR, KAPE, MOS, ESYS: Should you invest in these next-gen stocks?
June 12, 2022 12:02 AM BST| By Priya BhandariThe world is seeing new and more advanced and innovative technologies emerging almost every day. The next-gen stocks are the stocks of the company that belongs to sectors like information technology (IT), software, internet, artificial intelligence.....
BCPT, AEWU, ESP: Stocks to explore as the housing bubble is set to burst
June 12, 2022 12:01 AM BST| By Rishika RainaThe UK’s housing market, which has been booming over the past two years, is headed for a slowdown. Considering the latest housing market data, which has shown signs of a slowdown, experts believe that the housing bubble may burst soon. From 1.....
BNC, VMUK, NBS: Should you eye these financial stocks now?
June 11, 2022 12:02 AM BST| By Abhishek SharmaHighlights: The UK's largest lenders are no longer 'too big to fail', the Bank of England has said after an assessment to review their preparedness to deal with a financial crisis. The banks will continue to provide essential services to the cu.....
PAGE, HAS, STAF: Stocks under lens as UK jobs market grows at slower pace
June 10, 2022 03:28 PM BST| By Priya BhandariHighlights Employers are facing a shortage of candidates and are unable to fill thousands of job vacancies since the start of this year. The permanent jobs index showed a drop in available staff from a peak of 72.7 in August 2021 to 59.2. Sinc.....
RIO, DEC, MNG: Should you buy these stocks amid fears of wage-price spiral?
June 10, 2022 03:17 PM BST| By Rishika RainaHighlights PM Boris Johnson has warned that the country might be headed towards a 1970s-style "wage-price spiral". He has pledged to make housing more affordable but has also warned that the ongoing cost-of-living crisis might escalate if the w.....
CNA, SSE, DRX: FTSE stocks investors may put their lens on
June 10, 2022 11:36 AM BST| By Priya BhandariHighlights UK energy regulator Ofgem has warned power companies to advance its services after 4,000 families suffered badly after Storm Arwen hit in November. Around £30 million in compensation have been paid to affected customers as redr.....
Is Reliance Industries and Apollo Global up to acquire UK’s Boots?
June 10, 2022 10:49 AM BST| By Rishika RainaHighlights A bid worth £5bn has reportedly been placed for the takeover of UK’s Boots by Indian conglomerate Reliance Industries and Apollo Global Management. The chair of Reliance Industries, Mukesh Ambani, has been working with th.....
AZN, CNA, PFC: Stocks to consider amid fears of further economic gloom
June 10, 2022 09:56 AM BST| By Abhishek SharmaHighlights The British Chamber of Commerce (BCC) has predicted that the UK economy will grind to a halt this year. Inflation rate is expected to reach 10%, the BCC said. Just as the UK economy was recovering from the COVID-19 pandemic, the.....
NWG, STAN: Two banking stocks you can check out right now
June 09, 2022 03:27 PM BST| By Abhishek SharmaHighlights Not all European lenders will see equal effects of the interest rate hikes by the central banks, a new survey has claimed. Italy and UK will get the most benefits, while Swiss and Swedish banks may suffer. The Russia-Ukraine con.....
LLOY, HSBA, BARC: Stocks to keep an eye on amid rising mortgage rates
June 09, 2022 03:23 PM BST| By Priya BhandariHighlights The sharply rising inflation and severe cost-of-living crisis are putting intense pressure on the Bank of England (BOE) to raise the interest rate yet again. Lloyds on Wednesday announced an increase in the fixed rates on some of its.....
HTG, ENQ, ENOG: Stocks to explore amid fears of interest rate hikes
June 09, 2022 01:57 PM BST| By Rishika RainaHighlights The UK’s blue-chip FTSE 100 index and the European stock markets were trading in the negative territory prior to a major meeting of the European Central Bank regarding interest rate hikes. While the FTSE 100 was down for t.....
Johnson set to table new plan for UK economy. FTSE stocks to explore
June 09, 2022 11:11 AM BST| By Rishika RainaHighlights Around 41% of PM Boris Johnson’s own lawmakers didn’t vote in his favour on Monday's vote of confidence. The PM is all set to propose a new plan for the rejuvenation of the UK economy. The Government is striving to make .....
GSK, DGE, DEC: 3 stocks to consider amid recession fears
June 09, 2022 10:32 AM BST| By Abhishek SharmaHighlights A Europe-based intergovernmental think tank has warned that the UK is on the brink of a recession. The country's economy is estimated to register zero growth in 2023, it said. This will make the UK the worst-performing economy in th.....
FOXT, CLI, PCA: Stocks to watchlist as housing market starts cooling
June 09, 2022 10:28 AM BST| By Priya BhandariHighlights The housing market showed signs of a slowdown in May due to the increase in the cost of mortgage finance and the growing fear of a recession. According to the latest report from OECD, UK’s economy will expand by 3.6% this year .....