Stocks
APF, BEN, BISI: Coal stocks to check out right now
June 28, 2022 12:03 PM BST| By Abhishek SharmaHighlights:,The government is mulling postponing the verification of emission reports from coal and gas power plants.,This is part of the plans to deal with challenges if Russia cuts off the gas supply to Europe.,There has been growing concern that,R...
ABF, CWK, PFD: Food stocks to eye amid concerns over safety standards
June 28, 2022 09:04 AM BST| By Abhishek SharmaHighlights:,Local authority inspections of food businesses in the UK have fallen, according to a report.,The high cost of living has also left consumers with fewer types of food they can afford.,Following the,departure from the European Union,(EU), c...
NG., GLO, DRX: Energy suppliers to watch amid plans to cut energy bills
June 28, 2022 08:55 AM BST| By Rishika RainaUK Households may potentially receive discounts on their energy bills by using less electricity at peak periods. Energy utility company National Grid has announced that after a fruitful trial earlier this year, it is planning to roll out the scheme i...
VOD, BT.A, AAF: Stocks to eye as telecom operators plan to support customers
June 28, 2022 08:54 AM BST| By Priya BhandariThe Boris Johnson government on Tuesday confirmed that the country's leading broadband and mobile companies have agreed to help customers amid the cost-of-living crisis. The top executives of Vodafone, BT Group, Virgin Media O2, Three, Openreach, Tal...
SHEL, BP., HBR: Good time to eye these oil stocks?
June 28, 2022 07:35 AM BST| By Abhishek SharmaHighlights:,Even as global oil prices come down, fuel prices in the UK continue to touch record highs.,The retailers have been accused of 'rocket and feather' pricing.,Fuel prices in the UK have been hitting new highs even though global,oil prices,ar...
PTY, HAS, STAF: Stocks to watch as income gap in UK still remains a concern
June 27, 2022 03:24 PM BST| By Priya BhandariThe income per person in Britain’s most affluent areas, such as Kensington & Chelsea, was 350% higher than in the poorest region, such as Nottingham.
PSN, BKG, RDW: Stocks to watch as UK housing affordability hits record low
June 27, 2022 10:52 AM BST| By Priya BhandariLondon topped as the costliest UK city to buy a house, with the mean price now hovering at £534,977. This puts the house price to income ratio at 9.7 times, up by 0.7 since the start of the pandemic and 2.9 since 2007. The ratio is the highest across...
AZN, AAL, BA.: Manufacturers to watch as growth takes a hit
June 27, 2022 08:56 AM BST| By Rishika RainaBusiness activity growth is slowing down in the UK.
RIO, BHP, FXPO: Stocks to watch as government may extend steel tariffs
June 27, 2022 08:29 AM BST| By Abhishek SharmaHighlights:,UK Prime Minister Boris Johnson has hinted that the government may retain the controls on foreign steel imports.,When asked if it'd breach international law, he said the government has to make 'tough choices'.,The restrictions on the impo...
PAF, CMCL, EDV: Gold stocks to watch as UK sanctions Russian gold exports
June 27, 2022 07:53 AM BST| By Priya BhandariHighlights,New exports of Russian gold will be banned by the UK, US, Japan and Canada to pressurize Russian President Vladimir Putin and hit Russia’s ability to fund the war in Ukraine.,Ban on gold imports by UK will come into force in coming weeks w...
Barclays (LON: BARC) to acquire Kensington Mortgage: Should you buy stock?
June 27, 2022 06:02 AM BST| By Abhishek SharmaHighlights:,Barclays has announced that it will buy Kensington Mortgage Company Ltd. for about £2.3 billion.,With the acquisition, Barclays is aiming to improve its footprint in the mortgage lending sector.,House prices continue to rise despite the c...
HSBA, NWG, LLOY: Stocks to eye as Sunak asks banks to fund the oil & gas sector
June 26, 2022 09:03 AM BST| By Rishika RainaThe windfall tax was implemented on the oil and gas companies last month, aiming to raise £5bn, and channelising these funds towards offsetting the soaring household energy bills.
AAL, CNA, SHEL: Blue-chip value stocks under investors’ lens amid rising inflation
June 26, 2022 08:05 AM BST| By Rishika RainaThe inflation levels in UK have surged to 9.1% in May, as per latest data from ONS.
BP., VVO, TSCO: Fuel forecourt stocks to explore right now
June 25, 2022 10:12 AM BST| By Abhishek SharmaHighlights:,About 45% of the adults surveyed by the ONS said they have cut back on non-essential travel due to high fuel prices.,Nine out of 10 people have expressed major concerns over the rising cost of living.,With,inflation,crossing 9% in May, mi...
FGP, TRN: Stocks to keep eye on as unions warn of more rail strikes
June 24, 2022 12:46 PM BST| By Priya Bhandari- Union bosses warned of more rail strikes if talks over pay, jobs, and conditions continue to fail. The union bosses had called for a three-day strike on 21 June, which was one of the biggest rail strikes in three decades
NXT, SBRY, KGF: Retail stocks to check out amid declining business optimism
June 24, 2022 09:15 AM BST| By Abhishek SharmaHighlights:,Due to the decades-high inflation rate, business activity in the UK is witnessing a drop in momentum.,This comes as the cost-of-living crisis has curbed the spending power of consumers.,The UK economy is going through tough times. Gross D...
FRAS, NXT, MKS: Stocks to watch amid fall in consumer confidence
June 24, 2022 08:35 AM BST| By Priya BhandariHighlights,Confidence level among Britain’s consumers fell to the lowest level this month since the record began in 1974, with inflation rising faster than wages and looming recession.,Long-running Consumer Confidence Index fell to -41 in June from -...
IMB, AAL, RIO: Dividend stocks to watch amid UK’s surging debt payments
June 24, 2022 08:30 AM BST| By Rishika RainaDebt interest payments of UK have hit record-high levels in May.
BP., BATS, RIO: Stocks to watch amid tough economic environment
June 23, 2022 01:34 PM BST| By Rishika RainaAverage workers in the UK are all set to lose over £470 per year by 2030, as per Resolution Foundation and LSE.
SHEL, BP., HBR: Stocks to watch amid discussions on windfall tax
June 23, 2022 08:43 AM BST| By Rishika RainaSHEL, BP., HBR- Energy stocks to watch amid consultations on windfall tax,Highlights,Sunak to launch a charm offensive as he visits Aberdeen on Thursday to get the support of the oil and gas industry over the recently implemented windfall tax.,The en...