Full List Of Stories
Former Wirecard CEO Markus Braun arrested again - reports
The former chief executive of collapsed German payments processor Wirecard has reportedly been arrested again in Munich.
FTSE 250 movers: Mediclinic moves higher; St Modwen slides
London’s FTSE 250 was flat at 17,499. 90 in afternoon trade on Wednesday.
FTSE 100 movers: Melrose slumps on update; Kingfisher gains
London’s FTSE 100 was down 0. 9% at 6,214. 11 in afternoon trade on Wednesday.
KPMG to cut jobs, pensions contributions - report
Accountancy firm KPMG is reportedly set to axe more than 100 jobs across its UK workforce and reduce contributions to employees' pension pots as it looks to cut costs and help counter the fallout from the coronavirus pandemic.
Stars aligning for eurozone equities but UK lacks catalysts, says Barclays
Barclays said in an equity strategy note on Wednesday that the eurozone remains its favourite region as the "stars align" after EU leaders agreed a rescue package, but UK equities remain an ‘underweight’ for the bank.
Wincanton sees FY profit ahead of market expectations
Logistics company Wincanton said on Wednesday that full-year underlying pre-tax profit is set to be "significantly ahead" of current market forecasts and no less than £30m.
London midday: Stocks extend losses amid China-US spat
London stocks had extended losses by midday on Wednesday amid growing tensions between the US and China and reports the UK is close to giving up on a Brexit trade deal.
Britvic third-quarter sales fall as lockdown bites
Soft drinks maker Britvic reported a drop in third-quarter revenue on Wednesday as it took a hit from the coronavirus lockdown.
Finablr appoints law firm Skadden to investigate potential misconduct
Travelex owner Finablr said on Wednesday that it has appointed law firm Skadden to investigate historic potential malfeasance within the company and any misappropriation of assets.
London open: Stocks edge lower amid Covid fears; sterling loses ground
London stocks were a little weaker in early trade on Wednesday amid ongoing concern about a rise in new coronavirus cases in the US, as enthusiasm over the EU’s rescue package faded.
Paypoint Q1 revenues decline amid weakness in bill payments
Payment services group Paypoint reported a decline in first-quarter revenue on Wednesday as strength in the UK retail services business was offset by weakness in bill payments.
London pre-open: Stocks seen lower as optimism over EU rescue deal fades
London stocks were set to edge down at the open on Wednesday as enthusiasm over the EU’s coronavirus package faded.
Wednesday newspaper round-up: High streets, Tesco, business rates
Promises by government ministers to revitalise high streets with a new breed of shops should be abandoned in favour of turning town centres into residential hubs, creating at least 800,000 homes, according to a report that aims to influence a Downing Street review of planning laws. The Social Market Foundation (SMF) said the decline of the traditional high street could not be reversed by policies that “turn the clock back” to a time before online shopping, especially after the trend accelerated during the coronavirus pandemic.