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FTSE 250 movers: Cheers for 'Spoons; Bytes Tech slips
Shares in pub chain JD Wetherspoon surged as it held annual profit guidance on the back of an 11% rise in recent sales as customers looked for value amid soaring alcoholic drink and food prices.
Wetherspoons shares surge as sales rise 11%
Shares in pub chain JD Wetherspoon surged as it held annual profit guidance on the back of an 11% rise in recent sales as customers looked for value amid soaring alcoholic drink and food prices.
EU gives green light to Broadcom VMware deal
EU competition authorities have approved US chipmaker Broadcom's proposed $61bn takeover of cloud computing firm VMware after offering up remedies for rival Marvell Technology.
Europe midday: Stocks extend gains on US CPI hopes; Virgin Money surges
European shares extended gains as attention turned to US inflation data, widely tipped to show price pressures easing, spurring hopes that the Federal Reserve will ease its monetary tightening policy.
Winkworth shares plunge after profit warning on weak housing sales
Shares in UK estate agent Winkworth plunged on Wednesday as the company issued a profit warning due to a slump in house sales.
Europe open: Stocks up on US CPI optimism
European shares were higher at the open as attention turned to US inflation data widely tipped to show price pressures easing, spurring hopes that the Federal Reserve will ease its monetary tightening policy.
UK bank pass annual stress tests, says BoE
Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.
Grafton holds guidance as H1 sales rise 3.2% despite lower volumes
International building materials distributor and DIY retailer Grafton Group held annual guidance as first-half revenues rose 3. 2% despite the cost-of-living crisis hitting volumes.