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GB Group makes 'strong finish' to FY24
Software firm GB Group said on Tuesday that it had made a "strong finish to the year", with adjusted operating profits coming in above expectations.
Eurozone business activity grows at fastest rate for a nearly a year
Business activity in the eurozone grew at the fastest pace for nearly a year in April, according to preliminary data released on Tuesday.
Ferrexpo production levels surge in Q1
Iron ore pellets producer Ferrexpo said on Tuesday that production levels had significantly increased during the three months ended 31 March despite experiencing more conscriptions from its workforce throughout the quarter.
Asia report: Stocks mixed as investors digest regional data
Asia-Pacific markets concluded trading with a mixed bag of outcomes on Tuesday, as some regions extended their gains from the previous day, buoyed by a resurgence in tech stocks on Wall Street.
AB Dynamics reports solid first-half growth
Transport testing, simulation and measurement specialist AB Dynamics reported an 8% increase in first-half revenue on Tuesday, to £52. 3m.
London open: Retail stocks continue to lift FTSE 100 to new heights
UK stocks rose to another record high on Tuesday morning, rising for the fifth straight day, helped by a falling pound and another strong performance from retail stocks.
Shoppers clamber for deals as grocery inflation slows further
UK households collectively saved £1. 3bn on supermarket deals over the last four weeks, equating to £46 per household, according to fresh industry data released on Tuesday.
UK govt's tax cut plans hit as March borrowing comes in higher-than-expected
UK government borrowing overshot forecasts in March, producing a budget deficit that was £6. 6bn higher than expected, official data revealed on Tuesday, damaging plans for a pre-election tax cut by Finance Minister Jeremy Hunt.
German private sector returns to growth, April composite PMI shows
Germany's private sector beat expectations and showed a surprise return to growth in April, according to flash estimates from a widely-read survey on Tuesday.
Alphawave IP meets reduced guidance with 2023 results
Connectivity solutions group Alphawave IP has said that trading has got off to a good start in 2024 as it delivered full-year results in line with recently reduced guidance following a profit warning last week.
Citi remains ‘overweight’ UK banks; HSBC and Barclays ‘top picks’
Citi said on Tuesday that it remains ‘overweight’ UK banks, with HSBC and Barclays its top picks, but Standard Chartered its least preferred.
Europe open: Shares power ahead as UK's FTSE 100 hits record
European shares opened higher on Tuesday, with Britain's FTSE 100 index hitting a record high.
Videndum revenue, earnings fall in challenging year for entertainment
Content creation hardware and software company Videndum reported a challenging 2023 on Tuesday, impacted by writer and actor strikes in the US and a difficult macroeconomic environment, and destocking.
Molten Ventures describes resilient full-year performance
Technology-focussed venture capital firm Molten Ventures reported a resilient portfolio performance in a full-year trading update on Tuesday, with the gross portfolio value (GPV) expected to reach £1. 377bn.
Copper production rises but diamond output falls at Anglo American
Anglo American reported relatively flat group production in the first quarter on Tuesday as rising copper production was offset by sliding diamond output.
THG hails ‘standout’ Beauty performance as Q1 revenues rise
THG posted a jump in first-quarter revenue on Tuesday as it hailed a "standout" performance in the beauty business.
Taylor Wimpey hails 'good start' to 2024 as market stabilises
UK housebuilder Taylor Wimpey said it has made a solid start to the year with the market continuing to stabilise, with good levels of visitors to selling sites.
Jupiter AUM rises in Q1, but sees £1.6bn in outflows
Jupiter Fund Management reported a rise in group assets under management (AUM) in the first quarter to £52. 6bn, driven by positive market movements of £2bn, but also saw net outflows of £1. 6bn during the period.
London pre-open: Further gains expected after FTSE 100 closes at record high
UK stocks are expected to test new highs on Tuesday after surging to a new record the previous session, as a tumbling pound gave markets a big lift.
AB Foods lifts FY outlook as interim profits jump
Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.