REPORTInvestors

MARKET REPORT: Investors hail £16.5bn defence spending pledge

by

Boris Johnson’s drive to ‘end the era of retreat’ and bolster Britain’s defence spending was music to traders’ ears.  Shares in military contractors advanced after the Prime Minister twisted Chancellor Rishi Sunak’s arm and netted an extra £16.5 billion of funding that will be paid out over the next four years.  The UK’s biggest defence … Read more

MARKET REPORT: Investors cheer Ashtead pledge to keep £151m divi 

by

Investors breathed a sigh of relief after equipment rental giant Ashtead pledged to pay out its £151million final dividend. The FTSE 100-listed group hailed a ‘resilient’ performance in the year to April 30. Ashtead, which rents out everything from generators and portable cabins to tools and cranes, suffered in the initial downturn in March and … Read more