Foxtons maintains profit outlook despite weaker Q3 revenues
Foxtons maintained its full-year profit guidance on Thursday despite reporting a 6% drop in third-quarter revenues, as weaker property sales and disruption following the introduction of the Renters’ Rights Act continued to weigh on trading.
Director dealings: DP Poland's Glebocki lifts stake
DP Poland revealed on Thursday that non-executive director Przemyslaw Glebocki had acquired 345,000 ordinary shares in the AIM-listed Polish pizza stores operator.
International sales help Next Q3 beat expectations
Third quarter sales at Next beat expectations, driven by the clothing retailer’s international operations, although UK growth was volatile after the hot summer weather that deterred shoppers from venturing out.
Bank of England lifts interest rates to 4%
The Bank of England increased the cost of borrowing on Thursday for the first time in more than three years.
Berenberg lifts Helios Towers target price after Q3 beat, FY27 guidance boost
Analysts at Berenberg raised their target price on Helios Towers to 310p from 295p on Thursday, citing another quarter of ahead-of-expectations operational performance, upgraded full-year guidance and stronger-than-expected initial forecasts for 2027.
Howdens sees sales spark, reaffirms outlook
Howden Joinery Group reaffirmed full-year guidance on Thursday, despite wider weakness in the construction sector, on robust demand from both trade and consumer customers.
Jefferies stays at 'hold' on Next despite strong international growth
Jefferies reiterated its 'hold' rating and 15,800p target price on Next after the retailer's third-quarter update, arguing that robust international growth continued to offset a more subdued performance in the UK.
Norges Bank leaves rates at 4.5% as expected
Norway’s central bank left interest rates unchanged at 4. 5% on Thursday, as expected, but signalled its willingness to hike if inflation remains high.
US pre-open: Futures mixed after Dow's best day since April 2025
Wall Street futures were mixed ahead of the open on Thursday after major indices posted their strongest session in more than a year, buoyed by a sharp fall in oil prices and investor relief following the Democrats' decisive midterm election victory.
London midday: FTSE maintains gains after BoE hikes rates as expected
London stocks were still in the black by midday on Thursday after the Bank of England hiked rates for the first time in more than three years, as expected, amid an avalanche of corporate news.
Europe midday: Shares hold gains after Republican rout; BoE hikes rates
European shares were higher and oil prices down sharply on Thursday as the crushing defeat for the Republicans in the US midterm elections boosted hopes that President Donald Trump may look for a way out of his war on Iran.
Asia report: Tech stocks tumble in Tokyo and Seoul, but Hong Kong surges
Stocks across Asia were mixed on Thursday as selling pressure in the chip and AI sectors weighed on Tokyo and Seoul, while shares in Hong Kong and Sydney gained on the back of the global equity market rally following the US mid-term elections.
Hikma falls as injectables outlook cut despite strong guidance for branded unit
Drugmaker Hikma Pharmaceuticals trimmed revenue guidance for its injectables division on Thursday, offsetting a more upbeat outlook for its branded business.
Eurozone construction sector weakens as costs mount - PMI
The Eurozone’s construction sector contracted sharply in October, research showed on Thursday, as orders slumped and cost pressures mounted.
Morgan Sindall FY results to be 'slightly ahead' of previous expectations
Morgan Sindall said on Thursday that full-year 2026 results were set to be slightly ahead of its previous expectations as it announced the launch of a £75m share buyback.
US employers announce 43,994 job cuts in October
US employers announced 43,994 job cuts in October, according to Challenger, Gray & Christmas, up 2% from September's 43,281 but down 71% from the same month a year earlier.
UK construction downturn deepens in October amid housebuilding slump
The downturn in the UK construction sector deepened in October amid a slump in housebuilding, according to a survey released on Thursday.
Prudential says profit target more challenging as China weighs on sales
Prudential warned on Thursday that achieving its full-year new business profit growth target would be more challenging than previously expected, as regulatory changes continued to weigh on its Chinese operations.
Rheinmetall shares tank after second guidance cut as defence contract delays bite
Shares in Rheinmetall plunged on Thursday after the German defence group lowered its full-year outlook for the second time in three months, citing delays to military contracts and ammunition deliveries.
Croda backs FY outlook as beauty sales surge drives Q3 growth
Chemicals manufacturer Croda International reported stronger-than-expected third-quarter sales growth on Thursday, driven by a standout performance in its consumer care division, while reiterating its full-year guidance despite ongoing macroeconomic uncertainty.