Full List Of Stories
London close: Stocks rise on fresh rate cut hopes
London's equity markets finished higher on Wednesday as investors reacted positively to a significant drop in UK inflation, which reached its lowest point in over three years.
Eco Buildings receives first confirmed order under Egeu Stone contract
Modular housing company Eco Buildings Group announced on Wednesday that it has received its first confirmed order under its contract with Egeu Stone, marking a significant milestone.
Tertiary Minerals completes inaugural drilling at Mushima North
Tertiary Minerals announced on Wednesday that it has completed its inaugural drilling programme at the Mushima North Copper Project in Zambia.
Image Scan finalises £3m UK defence contract
Image Scan announced the finalisation of a significant contract with UK defence contractor NP Aerospace on Wednesday, for the supply of its ‘ThreatScan’ portable x-ray system.
New ITM Power finance chief to start in early January
ITM Power confirmed on Wednesday that Amy Grey would assume the role of chief financial officer on 6 January, earlier than previously anticipated.
Vertu Motors revenue rises, profit slips in first half
Vertu Motors reported a resilient first-half performance on Wednesday, with revenue increasing 2. 9% to £2. 49bn, compared to £2. 42bn in the first six months of the 2024 financial year.
Hutchmed reports positive results from AstraZeneca lung cancer collaboration
Hutchmed China announced positive results from its Savannah phase two trial on Wednesday, which studied the combination of ‘Tagrisso’, or osimertinib, and ‘Orpathys’, or savolitinib, in treating patients with epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC), who had high levels of MET overexpression or amplification and whose disease progressed after treatment with Tagrisso.
XPS Pensions upbeat on strong half-year trading
XPS Pensions reported strong trading for the six months ended 30 September on Wednesday, with revenue from continuing operations up 23% year-on-year.
Quilter flags strong third quarter
Quilter reported strong third quarter net inflows of £1. 4bn in an update on Wednesday, significantly outpacing the first and second quarter levels and marking record quarterly net inflows of £1. 5bn on its platform.
Asia report: Tech stocks lead most markets lower
Asia-Pacific markets faced broad declines on Wednesday, with Japan's Nikkei 225 leading the losses amid heightened investor caution.
Mony Group confident despite third-quarter revenue slip
Mony Group reported a 2% year-on-year decline in third-quarter revenue in a trading update on Wednesday, largely due to underperformance in its travel and home services divisions.
Oxford Instruments reports strong first-half demand
Oxford Instruments reported strong demand and order intake growth in a half-year trading update on Wednesday.
Primary Health Properties rent growth slows amid falling inflation
Healthcare facilities investor Primary Health Properties reported an additional £2. 7m in rental income in a third quarter update on Wednesday - a slight decrease compared to £3. 3 million for the same period in 2023.
GSK UTI treatment gets FDA priority review status
GSK announced on Wednesday that the US Food and Drug Administration (FDA) has accepted its new drug application (NDA) for gepotidacin, a first-in-class oral antibiotic, under priority review.
FDA accepts GSK new drug application, Whitbread raises half-year dividend
London open The FTSE 100 is expected to open 17 points higher on Wednesday, having closed down 0. 52% on Tuesday at 8,249. 28.
Wednesday newspaper round-up: Water firms, Labour tax raid, Boeing, BMW
The future ownership of the water industry should be decided by a citizens’ assembly to remove decision-making from boardrooms and impose democracy on the sector, a private member’s bill is to argue. Labour MP Clive Lewis, who in the past has called for water to be put back into public ownership, will introduce his bill on the future of water ownership and management later today. - Guardian.