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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Aerospace

FIVE at FIVE: Rolls-Royce downgraded; Greggs expansion; FTSE 100 closes lower; Spring budget forecast; London rental crisis

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Rolls-Royce downgraded by Barclays ahead of CEO update in second half

Analysts at the bank hiked their share price target 32% to 145p, but the shares' 66% rerating so far this year has taken them beyond this level already, with the last close at 152.78p.

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2. Greggs: How, and why, is it expanding while facing inflationary pressures?

Despite Greggs believing cost inflation will continue to be a “challenge” in the year ahead, the group is pushing ahead with its store expansion programme.

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3. FTSE 100 closes lower after Fed comments signal hawkishness across the pond

At the close, the FTSE 100 had lost 10 points on the day to finish at 7,919 points.

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3. Spring Budget 2023: what to expect from Chancellor Jeremy Hunt

Following the surprise £5.4bn surplus in January’s public spending figures, the Treasury has a bit of leeway in what can be offered by Hunt.

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5. The London rental crisis: No end in sight

Renters today, rightfully so, are holding onto properties for as long as they can, while landlords continue to flee the market, shooed away by pending tax reforms and soaring mortgage costs.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK