Full List Of Stories
FTSE 250 movers: Hammerson heads lower; XP Power boosted by broker note
London’s FTSE 250 was down 1% at 17,469. 07 in afternoon trade on Thursday.
FTSE 100 movers: Glencore slumps on results; Aviva rallies
London’s FTSE 100 was down 1. 5% at 6,016. 29 in afternoon trade on Thursday.
German factory orders surge in June
German factory orders surged in June although volumes were still much lower than before the coronavirus pandemic, according to provisional figures released by Destatis on Thursday.
London midday: Stocks extend losses as BoE forecasts slower recovery
London stocks had extended losses by midday on Thursday after the Bank of England stood pat on interest rates and warned the economic recovery would take longer than expected.
Joules swings to annual loss due to Covid-19
Joules said on Thursday that it swung to an annual loss after its shops were forced to close in March due to the Covid-19 pandemic, but the fashion retailer hailed a better-than-expected performance from its now reopened stores.
BOE stands pat on rates; says recovery will take longer
The Bank of England stood pat on interest rates on Thursday as it said the UK's economic recovery will take longer than previously thought.
Meggitt says it's exploring options after equity raising speculation
Defence engineering firm Meggitt insisted on Thursday that its financial position is "strong" as it said it was considering its options following a press report that it is looking at an equity offering to counter the economic fallout from the coronavirus pandemic.
UK construction PMI rises at fastest rate since October 2015
Output in the UK construction sector expanded in July at its steepest pace since October 2015 but more jobs were lost, according to data released on Thursday.
Hammerson to raise £825m through rights issue, disposal
Shopping centre owner Hammerson said on Thursday that it plans to raise around £825m through a rights issue and the sale of its 50% interest in Via Outlets to help counter the impact of the coronavirus pandemic.
Savills H1 profits slump due to Covid restrictions
Real estate advisor Savills reported a 69% slide in first-half profit on Thursday as its business took a "significant" hit from the Covid-19 pandemic and subsequent lockdowns in the second quarter.
London open: Stocks in the red as BoE leaves rates, asset purchases unchanged
London stocks fell in early trade on Thursday after the Bank of England stood pat on interest rates and said the economic downturn caused by the pandemic will be less severe than previously thought but last longer.
London pre-open: Stocks to fall as BoE stands pat
London stocks were set for a slightly weaker open on Thursday as the Bank of England stood pat on interest rates and warned that unemployment will remain high.
Thursday newspaper round-up: High street footfall, restaurants, TikTok
Shoppers continued to stay away from UK high streets last month despite the reopening of non-essential shops, pubs and restaurants following the lifting of lockdown measures. The number of visitors to UK retail destinations dropped by 39. 4% in July compared with the same month a year ago, according to figures from Springboard, a data company that tracks footfall at consumer hotspots. – Guardian.