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FTSE 250 movers: Direct Line surges, Hilton Foods off the menu
FTSE 250: 18,602. 68, -1. 13% at 1335 GMT.
UK ministers suspend contact with CBI after sexual misconduct claims
The UK government has suspended meetings with the Confederation of British Industry, after allegations of sexual misconduct by staff at the business lobby group.
RS Group shares fall as electronics sales disappoint markets
RS Group shares fell on Wednesday even as the distributor said it expected annual adjusted operating profit to be slightly ahead of estimates after a 1% rise in fourth-quarter like-for-like revenue despite weak electronics sales.
Europe midday: Shares go red despite positive EZ, German data
European shares slipped into the red at midday as New Zealand's central bank unexpectedly raised interest rates.
Amazon to close Book Depository online store this month
Retail giant Amazon on Wednesday said it was shutting down its Book Depository online shop at the end of the month as part of a swathe of cuts that have seen thousands of staff fired.
UK car sales rise 18% in March - SMMT
UK car registrations grew for the eighth consecutive month in March, according to industry data released on Wednesday.
Europe open: Shares flat as NZ surprises with rate hike; Sodexo surges
European shares were flat at the open on Wednesday after mixed sessions on Wall Street and in Asia and as New Zealand's central bank unexpectedly raised interest rates.
Ofcom refers cloud market to CMA over concerns about Microsoft, Amazon
UK telecoms regulator Ofcom said it planned to refer the cloud market to the Competition and Markets Authority (CMA) after discovering concerning practices by Amazon and Microsoft.
German factory orders rise by surprise 4.8% in February
German factory orders surged by a surprising 4. 8% in February against a 0. 5% rise in the prior month, according to official data released on Wednesday.