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FTSE 250 movers : Network International boosted by Brookfield offer; Centamin slips
FTSE 250: 19,218. 22, +82. 35 (0. 43%).
Network International shares surge on rival 400p proposal from Brookfield
Shares in payments firm Network International surged on Friday after it confirmed it had received a “highly preliminary” rival 400p a share cash offer from Canada's Brookfield Asset Management.
Belligerent UK deputy PM Raab quits after bullying findings
UK deputy prime minister and Justice Secretary Dominic Raab has resigned after he was found to have bullied and harassed civil servants.
Europe midday: Shares lower despite EZ PMI; THG gains on Kelso stake build
European stocks were down slightly on Friday despite survey data showing the eurozone economy strengthened in April.
Europe open: Shares flat ahead of PMI data
European stocks were largely flat at the open on Friday as investors turned their attention to manufacturing survey data later in the morning.
FCA to clamp down on rip-off building insurance commissions
The UK’s financial watchdog has proposed new rules that will allow apartment leaseholders to claw back millions in rip-off insurance costs as part of a clampdown on scandalous overcharging by brokers working in conjunction with unscrupulous landlords.
INPP increases debt facility
FTSE 250-listed International Public Partnerships said it had increased the committed size of its existing corporate debt facility by £100m to £350m to support the company's investment pipeline.