Fiona Craig

After hitting an all-time high yesterday, the gold price (PM:XAUUSD) has now broken above $3,000. Markets continue to be driven downwards by President Trump’s tariffs – not just the tariffs themselves, but also the uncertainty of the continual changes, with policies being announced and then reversed. Yesterday, the major US markets all fell. The money […]

The gold price (PM:XAUUSD) rose today to hit an all-time high of 2,970.74, surpassing its previous record high in February. The price has been driven up by persistent worries about President Trump’s tariffs. Fears of an economic fallout from his aggressive trade policies have seen the major stock markets fall, with gold being seen as […]

Centrica (LSE:CAN) has reported a slump in its annual profits as the company lost its position as Britain’s largest gas and electricity provider for the first time. The company, which owns British Gas, reported adjusted earnings of £2.3 billion for last year, down by a third from 2023 when its profits reached £3.5 billion after […]

Lloyds (LSE:LLOY) has reported that its annual profit plunged 20.4%, which fell short of market forecasts, as the bank set aside addition money for potential payouts on motor finance. The company, which is the UK’s largest mortgage lender, revealed a pretax profit of £5.97bn ($7.5bn) for the year 2024, down from £7.5bn in 2023. Analysts […]

Shares in drugmaker Indivior (LSE:INDV) fell sharply in early trading after the company sounded the alarm over its 2025 revenues, despite a solid performance in 2024. The company, which makes treatments for opioid addiction, expects revenue to drop 17% in 2025 as sales of Suboxone Film fall because of intense generic competition, and the company’s […]

Gold prices briefly hit a record high in Asian trade on Thursday, as threats of more trade tariffs from U.S. President Trump ignited demand for a safe haven. Spot gold rose 0.3% to $2,940.96 an ounce, briefly hitting a record high of $2,947.23 an ounce earlier in the session. Gold futures expiring in April rose […]

The UK’s largest weapons manufacturer, BAE Systems (LSE:BA.), has reported record orders as the European defence industry gears for increased spending on recent developments in the Russia-Ukraine war. The company said it expected sales next year to top £20 billion, and reported its annual profits before interest and tax for 2024 were over £3 billion […]

Shares in rail ticketing company Trainline (LSE:TRN) fell 7% to a give-month low on Wednesday morning, following a newspaper article which challenges the company’s pledge that it offers the cheapest rail tickets. The Independent newspaper examined the company’s claim that “You won’t find cheaper tickets anywhere else,” and found that it doesn’t stand up to […]

Shares in mining company Glencore (LSE:GLEN) dropped over 5% on Wednesday after it reported disappointing results. The company’s EBITDA was $14.36 billion, slightly below the $14.55 billion consensus estimate. Glencore’s earnings declined 16% year on year, despite the inclusion of EVR from mid-2024, as lower coal prices weighed on performance. Marketing EBIT of $3.2 billion, down […]

Shares of telecommunications company BT Group (LSE:BT.A) have dropped sharply after financial services giant Morgan Stanley (NYSE:MS.) reduced its stake in the company significantly. The move was disclosed in a London Stock Exchange filing, and saw MS reduce its holdings in BT below the 5% threshold, which triggers a regulatory notification. According to the filing, […]