Full List Of Stories
Xerox to buy Lexmark in $1.5bn deal
Xerox Holdings said on Monday that it has agreed to buy printer maker Lexmark International in a deal $1. 5bn deal.
London midday: FTSE nudges up in quiet trade; GDP in focus
London stocks had nudged into the black by midday on Monday in quiet trade, as data showed the UK economy stalled in the third quarter.
Boohoo sells London office for £49.5m
Online fashion retailer Boohoo said on Monday that it has completed the sale of its London office, located on Great Pulteney Street, Soho, for £49. 5m in cash.
London open: Stocks fall as UK economy stagnates
London stocks fell in early trade on Monday as data showed the UK economy stalled in the third quarter.
Petrofac enters into binding agreement with creditors on restructuring terms
Petrofac said it had entered into a binding agreement with key financial creditors on the terms of a comprehensive restructuring "to significantly strengthen the financial position of the group" and enable it to deliver its strategy.
UK economy stagnates in third quarter
The UK economy stagnated in the third quarter of the year, according to figures released on Monday by the Office for National Statistics.
London pre-open: Stocks seen flat as investors mull UK GDP
London stocks were set for a steady open on Monday as investors mulled the latest UK GDP data in what was likely to be a fairly quiet session as we head towards the Christmas break.
Monday newspaper round-up: business activity, exporters, Donald Trump
British firms are predicting a sharp fall in business activity in the new year, in the latest economic snapshot to warn of an increasingly gloomy outlook for the UK in 2025. The growth indicator survey from the Confederation of British Industry (CBI) indicates firms are preparing to cut down on hiring and reduce output over the next three months. – Guardian.
FTSE 100 movers: Frasers jumps; utilities give back gains
London’s FTSE 100 was down 1. 2% at 8,011. 35 in afternoon trade on Friday.
Boohoo shareholders vote down Mike Ashley board appointment
Boohoo said on Friday that its shareholders had voted overwhelmingly against the appointment of Frasers Group’s Mike Ashley and restructuring expert Mike Lennon to the board.
London midday: Stocks fall further as investors eye US inflation reading
London stocks had fallen further by midday on Friday as investors mulled a smaller-than-expected rise in retail sales but better-than-expected borrowing figures, ahead of a key US inflation reading.
London open: Stocks fall after UK retail sales, borrowing data; US inflation eyed
London stocks fell in early trade on Friday as investors mulled a smaller-than-expected rise in UK retail sales but better-than-expected borrowing figures, ahead of a key US inflation reading.
Judges Scientific chairman Alexander Hambro to retire at end of year
Judges Scientific said on Friday that chairman Alexander Hambro has decided to retire at the end of 2024.
UK retail sales rise less than expected in November
UK retail sales missed expectations in November, but borrowing figures came in better than expected, according to data released on Friday by the Office for National Statistics.
London pre-open: Stocks seen down as investors mull retail sales, borrowing data
London stocks looked set for more losses at the open on Friday as investors mulled a smaller-than-expected rise in retail sales but better-than-expected borrowing figures.
Friday newspaper round-up: Aldi, Richard Desmond, Collateral
The grocery industry watchdog is to make a rare intervention in a Yorkshire sprout grower’s £3. 7m legal case against Aldi over the discount chain’s decision to terminate a long-term supply deal. In papers filed at the high court, W Clappison Ltd, which produced sprouts for Aldi’s UK arm for 13 years, said its supply agreement was ended in February last year at planting time without reasonable notice so it was unable to find new clients immediately. It said it was forced to cease sprout production and sell off its machinery.
FTSE 100 movers: Water companies rally; ICG in the red
London’s FTSE 100 was down 1. 3% at 8,089. 42 in afternoon trade on Thursday.
Jefferies lifts ICG price target
Jefferies lifted its price target on Intermediate Capital Group on Thursday to 2,700p from 2,300p.
London midday: Stocks remain sharply lower as BoE stands pat, as expected
London stocks were still firmly in the red just after midday on Thursday as the Bank of England stood pat on interest rates, having opened sharply lower as a hawkish outlook from the Federal Reserve hit sentiment.
Norges Bank leaves rates on hold at 4.50%, signals March rate cut
Norway's central bank kept interest rates on hold on Thursday at a 16-year high of 4. 50%, as widely expected.