Stocks
NG., SSE, CNA: Should you invest in these energy utility companies?
May 23, 2022 10:13 AM BST| By Rishika RainaInflation levels in the UK are hitting the roof and households are struggling with the soaring energy bills. The CEO of the British energy supplier E.ON UK, Michael Lewis, said the energy prices would be very high in the country over the next 18 mo.....
DGE, ART, GUS: Liquor stocks in focus as sales rise in April
May 21, 2022 12:01 AM BST| By Abhishek SharmaHighlights: The retail sales volume for alcohol and tobacco rose by 8.4% in April. Despite the inflation squeeze, people flocked to stores to buy alcohol and cigarettes, the latest ONS data has revealed. The overall retail sales in the UK saw .....
BP., SHEL, HBR: Oil giants say no to windfall tax, should you buy these stocks?
May 20, 2022 03:32 PM BST| By Rishika RainaHighlights Amid the rising demand for a windfall tax, the oil and gas industry has rejected the imposition of the one-off levy. The tax could potentially raise around £8 billion from the sector and an additional £5 billion in t.....
Retail sales are up, should you buy these FTSE stocks: TSCO, SBRY, PFD?
May 20, 2022 01:49 PM BST| By Rishika RainaHighlights The volumes of retail sales surged by 1.4% on a monthly basis after a decline of 1.2% in March, as per the latest ONS data. The jump in sales was mainly attributed to alcohol and tobacco. Earlier today, the results of the GfK survey.....
VVO, BATS, COA: Are these consumer stocks a good bet now?
May 20, 2022 11:02 AM BST| By Rishika RainaHighlights The headline UK consumer confidence index fell by two points, from -38 in April to -40 in May. Consumer confidence has fallen below the record-low of -39 witnessed during the global financial crisis. Pessimism among Brits is rapidly.....
VVO, BATS, COA: Are these consumer stocks a good bet now?
May 20, 2022 10:52 AM BST| By Rishika RainaHighlights The headline UK consumer confidence index fell by two points, from -38 in April to -40 in May. Consumer confidence has fallen below the record-low of -39 witnessed during the global financial crisis. Pessimism among Brits is rapidly.....
HSBA, NBA, LLOY: Stocks to watch as FCA gets new power to ensure cash
May 19, 2022 10:57 AM BST| By Priya BhandariHighlights The UK government will set out new legislation to protect access to cash for local communities. The Financial Conduct Authority (FCA) will be given new powers over the UK’s largest banking and building societies to give local c.....
RMV, GRI, VTY: Real estate stocks to eye on as average house prices rise
May 19, 2022 09:23 AM BST| By Abhishek SharmaHighlights The average house prices in the UK rose by 9.8% in the 12 months to March 2022. Data from the ONS showed that the prices climbed by £24,000 to £278,000. Buying a house is now becoming a distant dream for many as aver...
AAF, SHEL, GLEN: How are these stocks performing in volatile market?
May 19, 2022 06:36 AM BST| By Rishika RainaHighlights The UK market has been going through a roller coaster ride lately, especially since the Ukraine war. The release of the latest inflation data by ONS on 18 May has again shaken the UK market, with inflation hitting a 40-year high leve...
DEC, IMB, AAL: Stocks to watch out for with growing fears of recession
May 18, 2022 05:49 PM BST| By Rishika RainaHighlights UK inflation levels have hit a 40-year high level of 9% in April, as per ONS data. Last month, millions of UK households suffered due to a 54% hike in gas and electricity bills. The ongoing cost-of-living crisis due to rising inflat.....
FRAS, NXT, MKS: Should you buy these retail stocks amid rising inflation?
May 18, 2022 05:41 PM BST| By Priya BhandariHighlights UK factories are increasing prices at a record pace amid soaring inflation in the country. Inflation in April hit 9%, up from 7% in March, driven largely by a 54% rise in the energy price cap at the start of the month. Last month, o.....
SHEL, BP., HBR: Should you invest in these oil stocks now?
May 18, 2022 05:31 PM BST| By Abhishek SharmaHighlights: The UK government has asked retailers to pass on the 5p fuel duty cut to customers. Fuel prices have been retailing at record highs in recent months. The cost-of-living crisis is hitting millions of UK households hard. The infl.....
WEIR, RNO, SXS: Stocks you may buy with launch of £50m data innovation hub
May 18, 2022 10:56 AM BST| By Priya BhandariHighlights Ulster University will help manufacturers with a new manufacturing data innovation hub and testbed. The move will help to boost the UK economy and level-up regions. UK manufacturers will get an opportunity to enhance their produ.....
TSCO, PFD, HFG- Should you buy these stocks with rising food prices?
May 18, 2022 10:08 AM BST| By Rishika RainaHighlights The UK Government is surprised by BoE’s “apocalyptic” warning regarding escalating food prices. Tensions between the Government and BoE have been growing consistently as the inflationary pressure is rising. Impact .....
CWR, AFC, AMTE: Are these EV-related stocks good bets right now?
May 18, 2022 10:00 AM BST| By Abhishek SharmaHighlights Major carmakers like Toyota, Honda, Hyundai, etc. are lagging in the switch to zero-emissions vehicles. At least 57.5% of global vehicle sales must be electric vehicles by 2030 to limit global heating to 1.5 degrees Celsius, as per I.....
VOD, BT.A, HTWS, AAF, CLX: Telecom stocks you may keep an eye on
May 17, 2022 02:26 PM BST| By Priya BhandariHighlights The UK telecommunication industry is one of the largest in Europe with a lot of global brands playing the field. The industry is expected to face new challenges and opportunities this year, presented by technological, dynamic regulat.....
PAGE, RWA, STAF: Stocks in focus as unemployment dips to 48-year low
May 17, 2022 01:45 PM BST| By Abhishek SharmaHighlights The average regular wages in the UK fell by 1.2% in real terms during the first quarter of 2022. The unemployment rate also dropped to the lowest since 1974 during the period. Even as UK households struggle with the high cost of.....
SHEL, DRX, TSCO, RKT: Why these FTSE stocks are in news?
May 17, 2022 11:52 AM BST| By Priya BhandariHighlights Governor of the Bank of England Andrew Bailey admitted that the policymakers are helpless due to sharply rising inflation. The cost-of-living crisis in the UK is causing the biggest squeeze on the household income, shoppers are react...
ABF, CWK, PFD: Stocks to check out amid rising food prices
May 17, 2022 11:06 AM BST| By Abhishek SharmaHighlights Bank of England governor Andrew Bailey has held the war in Ukraine responsible for UK's high inflation rates. Food prices have touched an all-time high, and millions of people are going through a cost-of-living crisis. Inflation.....
Greggs sees 27% rise in revenue: Should you invest now?
May 17, 2022 07:43 AM BST| By Abhishek SharmaBakery chain Greggs (LON: GRG) has reported £495 million in sales, a 27% rise on a like-for-like basis for the first 19 weeks in 2022. The higher sales are attributed to the relaxations in COVID-19 restrictions, as lockdowns during the same p.....