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FTSE 100 movers: B&M slides despite sales rise; 3i pleases investors
B&M European Value Retail reported a 13. 5% rise to £1. 3bn in group first quarter revenue, in line with expectations, as consumers searched for bargains amid the cost of living crisis.
FTSE 250 movers: Serco surges; Direct Line drops
UK government outsourcer Serco lifted annual guidance on Thursday after a strong first half, driven by higher demand for its immigration services.
Serco shares soar after profit upgrade amid demand for immigration services
UK government outsourcer Serco lifted annual guidance on Thursday after a strong first half, driven by higher demand for its immigration services.
B&M Q1 sales up 13.5% as shoppers hunt for bargains
B&M European Value Retail reported a 13. 5% rise to £1. 3bn in group first quarter revenue, in line with expectations, as consumers searched for bargains amid the cost of living crisis.
Europe midday: Shares rally after soft start; H&M soars on sales surge
European shares rallied at midday after a soft start, as investors mulled comments from central bankers on future interest rate policy to combat stubborn inflation.
Europe open: Shares muted on hawkish rate talk; H&M surges
European shares were slightly lower as investors mulled comments from central bankers on future interest rate policy to combat stubborn inflation.
Morgan Sindall lifts guidance as fit-out unit earnings surge
Construction group Morgan Sindall lifted annual guidance driven by a strong performance from its fit-out division in the first half.
Direct Line sees no material hit from claim underpayment redress
UK insurer Direct Line said rectifying unfair motor claim payments over a five-year period to 2022 would not have a "material financial impact" on this year's results.