Edition:
United Kingdom

Muvija M

UK stocks hammered as trade hopes dwindle; Royal Mail sinks

10:16am GMT

UK shares were battered on Thursday as a political standoff between the United States and China cast severe doubt over prospects of a trade deal, while mid-cap Royal Mail slumped after its turnaround plan fell behind schedule.

Direct Line to rein in costs as competition intensifies

8:21am GMT

(This Nov. 20 story refiles to remove extraneous words in 11th paragraph)

FTSE up for third day on China stimulus hopes, Halma jump

19 Nov 2019

London's FTSE 100 shed most of its earlier gains but still managed to close higher on Tuesday, as sentiment was supported by a surge in safety equipment maker Halma and hopes of more stimulus from economic powerhouse China.

Election polls thrust UK midcaps to 14-month high

18 Nov 2019

UK mid-caps closed at their highest level in nearly 14 months on Monday, boosted by polls pointing to victory by the ruling Conservatives in upcoming elections, while a near 5% drop in insurer Aviva weighed on the main board.

Aviva to keep Singapore, China operations

18 Nov 2019

LONDON British life and general insurer Aviva Plc will keep its operations in Singapore and China, it said on Monday, two days ahead of an expected strategy update and following speculation of a sale of the Singapore business.

NSF shares slide to record low after profit warning

15 Nov 2019

Non-Standard Finance on Friday warned that annual profit would miss market expectations and downgraded its loan book growth targets, highlighting the lender's struggles in going solo after its failed bid for Provident Financial.

FTSE 100 underperforms global peers on 3i drop, sterling gains

14 Nov 2019

London's FTSE 100 underperformed its major global peers on Thursday, suffering its steepest intra-day drop so far this month as falls in private equity company 3i, stocks trading ex-dividend and a stronger pound hammered the exporter-heavy index.

UPDATE 2-UK's National Grid looks past regulatory challenges after profit beat

14 Nov 2019

* CEO does not expect a fine for Aug. 9 blackouts (Adds CEO comments from call)

FTSE dips on murky trade view; Tullow tanks on mid-caps

13 Nov 2019

London's main bourse retreated on Wednesday as traders grew weary of mixed trade signals from U.S. President Donald Trump, while mid-caps slid on the back of weak economic data and a plunge in Tullow Oil.

FTSE rebounds on new hopes of U.S.-China trade resolution

12 Nov 2019

Renewed hopes of a U.S.-China trade resolution and a more than 3% rise in shares of telecom giant Vodafone helped London stocks bounce back on Tuesday after falls that tracked a downbeat global mood a day earlier.

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