Full List Of Stories
London close: Stocks mixed as Chancellor unveils tax hikes
London stocks saw mixed results on Wednesday as investors weighed the impact of the £40bn worth of tax rises announced by Rachel Reeves in her first Budget as Chancellor.
FTSE 250 movers: Grafton rises on acquisition, Hochschild in the red
The FTSE 250 was trading more than 1% higher on Wednesday afternoon, with the gains driven by updates from a number of companies earlier in the session.
Vast Resources reports progress at former Hanes Mine
Vast Resources updated the market on its project involving the processing of material from a rock dump at the former Hanes Gold Mine in Romania on Wednesday.
Grafton takes over Spanish HVAC firm Salvador Escoda
Building materials distributor and retailer Grafton Group announced on Wednesday that it had completed the acquisition of Salvador Escoda, one of Spain’s biggest HVAC distributors, for a maximum consideration of €132m.
Equals receives improved takeover offer, extends deadline
Equals Group updated the market on its ongoing strategic review on Wednesday, announcing that it had received a further improved, non-binding proposal from the consortium comprising Embedded Finance (Railsr), TowerBrook Capital Partners, and JC Flowers for an all-cash offer.
BP Marsh acquires 30pc stake in new broker SRT
BP Marsh announced the acquisition of a 30% cumulative preferred ordinary shareholding in SRT & Partners on Wednesday - a newly established UK retail and London market insurance broker.
Hargreaves Services reports steady progress across business
Hargreaves Services announced steady progress across its three business units - services, Hargreaves Land, and HRMS - in an update on Wednesday.
Eckoh agrees to be acquired by Bridgepoint funds
Secure payments and customer engagement software provider Eckoh announced on Wednesday that it has agreed to be acquired by Eagle UK Bidco - an indirect subsidiary of funds managed by Bridgepoint Advisers II.
Diversified completes $69m acquisition of Texas gas assets
Diversified Energy announced on Wednesday that it has completed the acquisition of operated natural gas assets in eastern Texas for a gross purchase price of $69m.
Griffin Mining reinstates share buyback programme
Griffin Mining announced the reinstatement of its share buy-back programme on Wednesday, allowing for the repurchase of up to 10 million outstanding shares or a maximum of $10m worth of shares.
Asia report: Most markets fall, Australian inflation slows
Asia-Pacific markets largely declined on Wednesday as investors evaluated Australia’s latest inflation data, showing consumer prices at their lowest levels since early 2021.
'No nuclear risk' from fire at BAE Systems shipyard
Shares in BAE Systems were in the red on Wednesday morning, as emergency services dealt with a fire at its Barrow-in-Furness nuclear submarine shipyard, briefly hospitalising two people and leading to the evacuation of the facility's main building, Devonshire Dock Hall.
Molten Ventures portfolio stable as new CEO takes reins
Molten Ventures announced a stable portfolio performance for its first half on Wednesday, tempered by currency headwinds and shifting leadership.
Team17 taps industry veteran Varachia as its new CFO
Video game developer and publisher Team17 announced the appointment of Rashid Varachia as its new chief financial and chief operating officer on Wednesday.
Glencore holds full-year production guidance
Glencore reported a mixed production performance for the first three quarters of the year on Wednesday, with copper, cobalt, zinc, and nickel output generally lower year-on-year, while steelmaking coal saw a significant increase.
GSK maintains guidance after mixed third quarter
GSK reported a mixed third-quarter performance on Wednesday, with a notable boost from specialty medicines helping to offset weaker sales in vaccines.
GSK reports rise in quarterly sales, Next raises full-year guidance
London open The FTSE 100 is expected to open 37 points lower on Wednesday, having closed down 0. 8% on Tuesday at 8,219. 61.