Full List Of Stories
Virgin Money profits up but still sees tough second half
Virgin Money, set to be taken over by Nationwide in a £2. 9bn deal, on Thursday posted an 18% jump in interim profit as it continued to benefit from higher interest rates and a lower bad debt charge, but reiterated it expected headwinds in the second half of the year.
FTSE 250 movers: Crest Nicholson crumbles; Pennon in favour
FTSE 250 (MCX) 20,324. 85 -0. 84% .
Europe midday: Shares extend losses on EZ ind data; Wise slumps
European stocks extended losses on Thursday on weaker-than-expected eurozone industrial production data, while shares in UK fintech firm Wise plunged on a weaker income forecast.
Wise shares plunge as income forecasts disappoint investors
Shares in Wise plunged on Thursday as the UK banking and money transfer company said underlying income would be lower than its 2024 fiscal year.
Europe open: Shares lower on Fed rate cut forecast; Atos, Wise plunge
European stocks opened lower on Thursday as investors digested the US Federal Reserve’s monetary policy decision and inflation numbers from across the Atlantic, while shares in Atos plunged again as the troubled French IT firm sold off one of its businesses.