FTSE increases on Hilton bid news

clock

The FTSE 100 is up 5.5 points, or 0.1%, to 5,592.9, supported by gains in leisure firm Hilton after it confirmed that bidders were interested in buying its Ladbrokes gambling arm.

Hilton Group has risen 10.25p, or 2.87%, to 367.25p, while shares in Ladbrokes rival William Hill have gained 17p, or 3.23%, to 543p. Shares in BAE Systems are also on the rise, up 17.25p, or 4.66%, to 387.25p, in the wake of news of a deal between Britain and Saudi Arabia to supply the world's top oil exporter with fighter aircraft that could be worth as much as £10bn. On the downside, shares in Tate & Lyle have dropped 7p, or 1.24%, to 559p, after dealers said UBS cut its recommendation on the stock to "reduce". Elsewhere, among property stocks, Minerva has climbed 2p, or 0.73%, ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

Accused of breaching FSMA

Michael Nelson
clock 08 June 2026 • 2 min read
M&G's PruFund coming to Scottish Widows Platform

M&G's PruFund coming to Scottish Widows Platform

First third-party platform launch

Jen Frost
clock 08 June 2026 • 2 min read
Investors move from cash to US equities as confidence improves

Investors move from cash to US equities as confidence improves

Investment Association figures show

clock 05 June 2026 • 3 min read