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UK House Prices Fall 1.8% in 2023, a Rapid Rebound ‘Appears Unlikely’

UK house prices dipped 1.8% in 2023, the latest data from the Nationwide House Price Index revealed on Friday, while month-on-month they remained flat.

Sam Boughedda
Boxing Day Footfall Rises, But Analyst Sees Risks For ABF

According to data from MRI Software, London contributed to the rise in the number of shoppers visiting UK high streets on Boxing Day, with the overall number also increasing year-on-year, boosting the prospects for listed ret

Shopper shopping with a smart phone
Sam Boughedda
Hg Capital Trust Shares Rise After Agreeing to Sell Partial Stake in IRIS Software to Private Equity Firm

London-listed Hg Capital Trust's (LON: HGT) shares are up over 2% Wednesday after it announced the partial sale of Iris Software Group in a press release.

Handshake of businessmen
Sam Boughedda
AstraZeneca Bolsters Cell Therapy Pipeline with $1.2 Billion Gracell Acquisition

AstraZeneca (LON: AZN) announced an agreement to acquire Gracell Biotechnologies (NASDAQ: GRCL), a clinical-stage cell therapy company, for up to $1.2 billion on Wednesday, further strengthening its ambitions in the field of

AstraZeneca Office
Sam Boughedda
Enquest Share Price Surged 17.3% on a Stake Sale to RockRose

The Enquest Plc (LON: ENQ) share price surged 17.3% after successfully negotiating a deal with RockRose UKCS 10 Ltd, a subsidiary of Viaro Energy, regarding a partial divestment in two of its critical assets in the UK North S

Enquest staff
Simon Mugo
AstraZeneca Shares Dropped 1.35% Despite Wainua’s FDA Approval

The AstraZeneca plc (LON: AZN) share price dropped 1.35% despite the US FDA approving Ionis Pharmaceuticals' novel treatment, Wainua (eplontersen), designed to address the polyneuropathy associated with hereditary transthyret

AstraZeneca Office
Simon Mugo
HSBC Share Price Rose Briefly on Canadian Division Sale Update

The HSBC Holdings plc (LON: HSBA) share price rose 0.68% after issuing an update on the sale of its Canadian division. On 29th November 2022, the global banking giant HSBC Holdings plc announced its strategic divestitures, sp

HSBC building
Simon Mugo
IP Group Shares Fell Slightly on the Latest Funding Round Update

The IP Group Plc (LON: IPO) share price fell slightly after announcing its participation in the latest follow-on funding round by one of its top 20 portfolio companies. This strategic move is expected to yield substantial gai

IP Group office
Simon Mugo
Hipgnosis Songs Share Price Was Rangebound After Its H1 Results

The Hipgnosis Songs Fund Ltd (LON: SONG) share price traded sideways after its interim financial results were released for the six months ended 30 September 2023. The Hipgnosis Songs Fund Limited offers investors exposure to

Hipgnosis Songs Fund logo
Simon Mugo
Capital Ltd’s Shares Spiked Up 11.8% on the NGM Contract Award

The Capital Ltd (LON: CAPD) share price spiked up 11.8% after its subsidiary, MASLABS, a leading provider of geochemical laboratory services in the exploration and mining industries, announced the completion of a significant

Capital Ltd
Simon Mugo
Forward Partners’ Share Price Rose 4.1% on Scheme Documents

The Forward Partners Group PLC (LON: FWD) share price rose 4.07% after announcing that it had published a circular concerning the Scheme (the "Scheme Document"), which includes the Proxy Forms for the upcoming Court Meeting a

Forward Partners logo
Simon Mugo
Restaurant Group (TRG) Shares Stopped Trading on the LSE Today

The Restaurant Group PLC (LON: RTN) shares stopped trading on the London Stock Exchange today after the scheme of arrangement announced by TRG and Bidco on October 12, 2023, came into effect after the Court of Session in Edin

Restaurant Group stores
Simon Mugo
Puretech Health (PRTC) Shares Climbed 5.2% on Year-End Update

The Puretech Health PLC (PRTC) share price climbed 5.16% after releasing its year-end update and outlook for 2024. The company shared an overview of the significant strides made in its Wholly Owned Programs and Founded Entiti

Puretech Health logo
Simon Mugo
Antofagasta Shares Edged Higher on Centinela’s Second Project

The Antofagasta plc (LON: ANTO) share price edged 1.53% higher after announcing the greenlighting of its Centinela Second Concentrator Project in Chile following a thorough evaluation. The initiation of critical path works is

Antofagasta mining operations
Simon Mugo
Indivior Share Price Rose 4.52% on the Actavis Patent Settlement

The Indivior PLC (LON: INDV) share price rose 4.52% after announcing that it had agreed with Actavis Laboratories UT, Inc. regarding the patent dispute between the two companies. The agreement was initiated to address and res

Simon Mugo
Petrofac Shares Surged 64.9% on a $1.4Bn TenneT Project Award

The Petrofac Ltd (LON: PFC) share price surged a maximum of 64.9% as of 0917 GMT after announcing that it had won another contract in collaboration with Hitachi Energy. The new contract is the second one under the six-project

Petrofac staff on site1
Simon Mugo
De la Rue’s Share Price Fell 6.68% Despite Its Upbeat H1 Results

The De La Rue plc (LON: DLAR) share price fell 6.68% after announcing its financial results for the six months ending September 30, 2023. De La Rue achieved an adjusted operating profit of £7.9 million during H1 24, exceeding

De La Rue Malta
Simon Mugo
Londonmetric Shares Fell on the Potential Merger With LXi REIT

The Londonmetric Property PLC (LON: LMP) share price fell 0.59% after confirming media speculation that it was in talks to potentially merge with LXi REIT Plc in an all-share transaction worth approximately £3.9 billion. In t

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Simon Mugo
Centamin Shares Edged Higher on Resources and Reserves Update

The Centamin PLC (LON: CEY) share price edged 1.25% higher after releasing its 2023 Update on its Group's Resources and Reserves. The company noted a 28% increase to 7.7 million ounces with notable expansion at its flagship S

Centamin mine
Simon Mugo
Superdry Shares Plunge 28.4% on Weak H1 Fiscal 2024 Revenues

The Superdry PLC (LON: SDRY) share price plunged a maximum of 28.4% as of 0840 GMT after providing an update on its performance for the fiscal year 2024, covering the 26 weeks up to October 28, 2023, and the subsequent 6-week

Superdry store
Simon Mugo
IP Group Shares Rose 5.79% on a £20M Share Buyback Program

The IP Group Plc (LON: IPO) share price rose 5.79% after announcing the launch of a share buyback initiative to enhance shareholder value and address the prevailing discount between the Company's share price and its Net Asset

IP Group office
Simon Mugo
Games Workshop Share Price Spiked 3.91% on Amazon Partnership

The Games Workshop Group PLC (LON: GAW) share price spiked up 3.91% after announcing that it had forged an exclusive partnership with Amazon to bring the beloved Warhammer 40,000 universe to life on the big and small screens

Simon Mugo
Unilever Share Price Fell After Selling Elida Beauty to Yellow Wood

The Unilever plc (LON: ULVR) share price fell 0.76% after the company decided to sell its Elida Beauty business division to Yellow Wood Partners. The consumer goods giant announced the decision earlier today, given that the d

Unilever logo
Simon Mugo
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