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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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Corporation tax to jump under Sunak’s plan
In perhaps the most widely trailed budget ever, Rishi Sunak announced his increase in corporation tax as expected but the details were…
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UK Budget: Sunak announces eight new freeports
The government will create eight new English freeports, chancellor Rishi Sunak confirmed in his budget on Wednesday. The freeports will be at…
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#Budget2021: PIMFA “deeply concerned” by freeze to pensions lifetime allowance, CGT and IHT thresholds
Freezing the Lifetime Allowance, CGT and IHT thresholds penalises pensioners and savers and will hamper the UK’s economic recovery PIMFA, the trade…
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UK Budget: Reactions
A round-up of reactions to the UK government’s budget from various industry lobbies and other parties. RICS’ head of UK government affairs,…
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Our #Budget2021 analysis: “Whatever it takes, I have done and I will do so”
Rishi Sunak has had quite a first year as Chancellor of the Exchequer, dropped into a crisis just as Winston Churchill was…
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UK Budget: UK 2021 economic growth forecast cut to 4% – OBR
Economic growth forecasts for this year were cut to 4%, reflecting the impact of the latest national Covid-19 lockdown as Finance Minister…
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