Full List Of Stories
FTSE 250 movers: Marshalls surges after lifting expectations; IWG hit by downgrade
London’s FTSE 250 was up 0. 4% at 21,488. 02 in afternoon trade on Thursday.
FTSE 100 movers: Miners bounce back; HSBC goes ex-div
London’s FTSE 100 was up 0. 1% at 6,732. 79 in afternoon trade on Thursday.
BAT to invest £126m in Organigram as it expands 'beyond nicotine'
British American Tobacco said on Thursday that it will invest around £126m for a 19. 9% stake in Canada’s Organigram, a company focused on research and product development activities of next generation adult cannabis products, as it looks to expand its portfolio "beyond nicotine".
London midday: Stocks turn lower as investors eye ECB; ex-divs weigh
London equity markets had moved into the red by midday on Thursday as investors eyed the latest policy announcement from the European Central Bank, with ex-dividend stocks proving to be a drag.
Volution sees FY earnings ahead of market expectations
Volution posted a rise in interim profit and revenue on Thursday as it said full-year earnings are set to be ahead of current market expectations thanks to strong margin expansion.
Marston’s CEO Findlay to step down after 20 years
Pub chain Marston’s said on Thursday that chief executive officer Ralph Findlay plans to step down at the end of the financial year in September after 20 years in the role.
Go-Ahead lifts full-year expectations
Rail and bus operator Go-Ahead Group reported a fall in first-half profit on Thursday as fewer people used public transport due to the pandemic, but lifted its expectations for 2021 as it expects passenger numbers to recover once restrictions are eased.
London open: Stocks nudge higher on US stimulus, ahead of ECB
London stocks nudged higher in early trade on Thursday as investors welcomed news that Congress had backed a $1. 9trn US stimulus package, and looked ahead to the latest policy announcement form the European Central Bank.
Marshalls lifts expectations after strong start to 2021
Landscape products company Marshalls reported a decline in full-year profit and revenue on Thursday as it took a hit from the Covid-19 pandemic, but lifted its expectations for 2021 following a strong start to trading.
Spirent Communications posts rise in FY profit, declares special divi
Spirent Communications reported a rise in full-year profit on Thursday and declared a special dividend despite "a challenging environment" due to the Covid-19 pandemic.
London pre-open: Stocks seen up as US stimulus boosts sentiment
London stocks were set to rise at the open on Thursday as US stimulus boosts sentiment.
Thursday newspaper round-up: British manufacturers, Serco, City regulator
Three-quarters of British manufacturers are struggling to cope with delays in moving goods in and out of the EU amid continuing disruption caused by Brexit and the Covid pandemic, industry figures said. Two months after the UK left the EU on trade terms agreed by Boris Johnson’s government, research from the manufacturing trade group Make UK has shown that 74% of firms in a survey of more than 200 leading industrial companies are facing delays with EU imports and exports.