Investments & Savings
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Thursday preview: Fed’s Powell, Schroders in the spotlight
The focus in financial markets on Thursday will be on any policy-relevant remarks out of US Federal Reserve chief, Jerome Powell, at…
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FTSE 250 movers: Travel and Homebuilders’ shares pace gains
Travel-related and homebuilders’ shares paced gains on London’s second-tier index on Wednesday, helped by growing confidence that UK authorities had the pandemic…
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London close: Stocks finish firmer in wake of big Budget
London stocks finished in the green on Wednesday, as investors pored through the finer details of Chancellor Rishi Sunak’s budget. The FTSE…
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Broker tips: Travis Perkins, XP Power
Analysts at Canaccord Genuity raised their target price on Travis Perkins from 1,450.0p to 1,525.0p on Wednesday as a result of the…
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Wetherspoon rises but Sunak disappoints on pub support
Shares of JD Wetherspoon and Mitchells & Butlers rose after Chancellor Rishi Sunak provided limited support for the UK’s pubs in his…
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Sainsbury’s to forgo business rates relief
Sainsbury’s said on Wednesday that it will forgo business rates relief on all of its stores again this year, after chancellor Rishi…
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Canaccord Genuity hikes price target on Travis Perkins
Analysts at Canaccord Genuity raised their target price on Travis Perkins from 1,450.0p to 1,525.0p on Wednesday as a result of the…
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Berenberg raises target price on XP Power
Analysts at Berenberg raised their target price on XP Power from 5,500.0p to 5,945.0p on Wednesday following the group’s “impressive” 2020 performance.…
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US open: Stocks head south, bond yields tick higher
Wall Street stocks were in the red on Wednesday as investors turned their attention back to elevated bond yields. As of 1520…
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BT rallies on super deduction news
BT Group shares surged on Wednesday after chancellor Rishi Sunak announced a new investment tax super deduction policy in the budget. Under…
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