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Safestore shares slump on FY earnings forecast as revenues fall
Safestore shares fell sharply on Wednesday as the self-storage specialist said it expected annual earnings to be in the lower half of consensus forecasts as it posted a fall in interim core earnings amid tough trading conditions in most of its markets.
Europe midday: Shares up ahead of US Fed, CPI; Rentokil surges
European shares were higher on Wednesday as investors digested stagnant UK GDP figures and awaited an interest rate decision from the US Federal Reserve after inflation data for May.
UK rail regulator stops short of CMA referral for station catering
The UK rail regulator has recommended that catering outlets with leases due to expire should be put to competitive tender with simpler and standardised contracts introduced for new entrants, but stopped short of referring the industry to competition authorities.
Europe open: Shares up with eyes on US Fed, inflation
European shares started Wednesday on the front foot as investors digested stagnant GDP figures from the UK and awaited an interest rate decision from the US Federal Reserve after inflation data for May.