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The Latest Breaking News from Ashtead

Ashtead reveals profit dip amid weaker demand for used equipment

The FTSE 100 company said this was partly offset by higher rental revenues.

Evening Standard

Stocks up on hopes of thaw to Middle East tension

The FTSE 100 index closed up 24.59 points, 0.3%, at 8,875.22, just shy of its record closing peak of 8,884.92 posted last Thursday.

Evening Standard

The grass is not always greener on US stock markets

Narrative that US listings outperform European ones has been popular for years, but analysis shows a different story

The Guardian - UK

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London Stock Exchange could lose biggest company yet as £40bn mining giant considers US move

Glencore could follow Ashtead and Flutter with a primary delisting from the UK markets

The Independent UK

London stock market hit by biggest exodus since global financial crisis

Just Eat, Flutter, Tui, and Ashtead were among those to announce plans to ditch their main UK listing

The Independent UK

Ashtead drags on FTSE 100 while US markets quiet ahead of inflation news

The FTSE index lost 71.72 points, or 0.86%, to close at 8,280.36.

The Independent UK

FTSE group Ashtead to shift primary listing to New York in blow to UK

Construction rental group has been listed in London since 1986 but makes nearly all its profits in the US

The Guardian - UK

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Ashtead set to ditch main UK listing in blow to London market

The FTSE 100 Index firm said the US market is the ‘natural long-term listing venue’ for the group.

Evening Standard

Cost of average UK Christmas dinner rises by 6.5%, says Kantar; Ashtead to move listing to US – as it happened

Christmas dinner for four costs £32.57 as price of turkey and vegetables rises; wider grocery inflation climbs to 2.6%

The Guardian - UK

FTSE 100 Live 06 November: Stocks and Bitcoin surge on Trump trade, M&S profits beat hopes

Bitcoin, the US dollar and stock markets have surged as traders position for Donald Trump’s return to the White House.

Evening Standard

FTSE 100 Live 18 June: Hargreaves Lansdown surges on new bid, index higher

The UK’s inflation rate today slowed to 2%, its lowest level in almost three years.

Evening Standard

FTSE 100 Live 20 November: OpenAI appoints Emmett Shear as CEO, Compass shares fall

The running of the world’s best known AI business and share price falls for FTSE 100-listed Compass and Ashtead are in focus today.

Evening Standard

FTSE 100 Live: Oil price surges past $90 a barrel, shares close in red again, Autumn statement date set

Improved PMI figures helped blue-chip share recover after starting under pressure today following disappointing readings on service sector activity in China and Europe.

Evening Standard

Ashtead backs its London listing as US business drives profits at FTSE 100 firm

“We remain happy where we are,” its CEO Brendan Horgan tells The Standard

Evening Standard

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The Guardian - UK

Britishvolt: how Britain’s bright battery future fell flat

Startup that hoped to transform UK car production was once valued at more than £800m, but collapsed worth a tiny fraction of that

Insider UK

Ashtead Technology acquires Hiretech

The seventh acquisition in the last five years expands its mechanical solutions offering

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