Europe close: Markets hold gains as oil prices continue rebound
European equity markets held modest gains on Tuesday, with early optimism over potential US-Iran peace talks fading as investors digested weaker economic data and renewed concerns over stagflation linked to rising energy prices and supply chain disruption.
Wednesday preview: Eurowag results, UK inflation data in focus
Wednesday sees the release of full-year results from Eurowag, along with UK inflation figures for February.
London close: FTSE gains as energy firms rally amid higher oil prices
London stocks ended firmly in the black on Tuesday, with energy firms pacing the gains amid higher oil prices, as investors continued to mull mixed messages regarding the conflict in the Middle East.
RAC Group said to be sounding out investors for London IPO
RAC Group has reportedly begun sounding out investors for a potential initial public offering in London.
Alternative Income REIT confirms takeover approach from AEW UK REIT
Alternative Income REIT (AIRE) confirmed on Tuesday that it has received an indicative, non-binding proposal from AEW UK REIT about a possible all-share takeover.
Broker tips: 3i Group, YouGov
Citi reiterated its 'buy' rating on 3i Group on Tuesday and opened an 'upside catalyst watch' on the shares as it noted that slowing like-for-like growth at portfolio holding Action has driven 40% underperformance in the past six months.
FTSE 100 movers: BP, Shell gush higher; housebuilders slump
London’s FTSE 100 was up 0. 6% at 9,948. 36 in afternoon trade on Tuesday.
Bytes Technology sees flat operating profit in 2027, shares tank
Shares in Bytes Technology slumped on Tuesday after the IT reseller said operating profit this year would be broadly flat on the back of higher costs.
US open: Stocks lower as crude rises, PMIs soften
Major indices traded lower early on Tuesday as oil prices resumed their upward march as Middle East tensions continued to weigh on sentiment.
Bank of London fined £2m for multiple failings
The Bank of London Group has been fined £2m for misleading regulators over its capital positions and failing to act with integrity, it was announced on Tuesday.
Merger between Estee Lauder and Puig would make sense, says Oddo
Oddo BHF said on Tuesday that a merger between US cosmetics firm Estee Lauder and Spain’s Puig would make sense for several reasons.
Director dealings: Smiths Group non-executive director makes share purchase
Smiths Group revealed on Tuesday that non-executive director Alister Cowan had acquired 5,000 ordinary shares in the FTSE 100-listed engineering business.
LondonMetric-Schroder REIT consortium considers bid for Picton
Picton Property Income said on Tuesday that a consortium of LondonMetric Property and Schroder Real Estate Investment Trust (SREIT) is one of the parties interested in making an offer for the group.
Real Estate Investors reports lower revenue, underlying profits
Real Estate Investors reported lower revenue and underlying profits for 2025 on Tuesday, as disposals reduced rental income, although the Midlands-focused REIT narrowed its pre-tax loss and maintained a fully covered dividend while progressing its asset sales and debt reduction strategy.
Ultimate Products revenue, profits fall in first half
Ultimate Products reported a decline in revenue and profits in its first half on Tuesday, as weaker consumer demand and a strategic shift away from lower-margin sales weighed on performance, although the group highlighted growth in its core branded business and strong cash generation.
Berenberg lowers target price on YouGov following H1 results
Analysts at Berenberg slashed their target price on market research firm YouGov from 600p to 395p on Tuesday following the release of the group's first half earnings.
Time Finance posts record lending, improved profitability
Time Finance reported record lending and improved profitability for the first nine months of its financial year on Tuesday, as continued demand from UK businesses supported growth in its secured lending strategy.
MP Evans reports record profit, hikes dividend
MP Evans reported record profits and a higher dividend for 2025 on Tuesday, as strong palm oil prices, improved processing of its own crop and an expansion in planted area lifted earnings and cash generation.
Annual revenues, profits surge at Staffline
Staffline Group posted a jumped in full-year earnings on Tuesday, on the back of a boom in demand for temporary workers.