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Latest News - Gavin Lumsden

Tesco slashes dividend and rushes in new boss

The FTSE 100 rises despite shares in the UK's largest retailer tumbling on a second profits warning in two months.

The Expert View: Tesco, big pension providers & Babcock

Our daily roundup of the best analyst commentary on shares, also including Sage and Schroders Real Estate.

Tesco leaps as Clarke quits but alert weighs on FTSE

Tesco shares rise after the ousting of chief executive Phil Clarke but the FTSE 100 falls amid caution at events in Ukraine and Gaza.

Renewable energy: what I found on my solar farm trip

Renewable energy is attracting a lot of investor interest, so I headed to the UK's largest solar farm to find out more.

Shire soars as investors bid assets (& dolphins) higher

The FTSE 100 rises for a third day as Shire shares surge after a bid approach. It's been a good week for markets but unease is growing. 

FTSE rallies on dovish Fed as Rolls-Royce pleases

Smiles all round after the US Federal Reserve takes a soft line on interest rates and Rolls-Royce sets aside £1 billion for shareholders.

FTSE gains as MPC votes to keep rates frozen

Investors were left confused as Bank of England policy makers voted unanimously to keep interest rates at 0.5%.

Shire up, Xaar down; FTSE falls as inflation drops

The FTSE 100 falls back after a drop in UK inflation increases interest rate uncertainty. Shire rises on bid talk, Xaar dives on a profits alert.

BT leads FTSE lower over pension deficit fears

The pound and the oil price extended their gains while the FTSE 100 fell further as events in Iraq continued to worry investors.

FTSE falls 1.2% as rate rise could occur in August

The UK stock market tumbled as investors took fright at the Bank of England's interest rate warning and the Iraq conflict.

Citywire TV
Play Tesco, Japan and the rise of the central banker

Tesco, Japan and the rise of the central banker

 Libby Ashby and leading wealth managers scrutinise the food retail sector, Japan’s consumption tax hike and political risk in the markets.

Play Colin McLean's mid-cap picks

Colin McLean's mid-cap picks

The SVM director and fund manager on his pick of the UK mid-caps.

Profile: Psigma's Edinburgh boss on why he is in Scotland long term

Profile: Psigma's Edinburgh boss on why he is in Scotland long term

When Tim Wishart agreed to launch an Edinburgh office for Psigma he was not expecting to  head the company’s first overseas team

Profile: why Chris Wyllie joined Connor Broadley

Profile: why Chris Wyllie joined Connor Broadley

Professional footballers are not renowned for their financial acumen, but former Millwall player James Connor is an exception to the rule