Full List Of Stories
RBC Capital cuts Burberry price target ahead of FY results
RBC Capital Markets cut its price target on Burberry on Thursday to 1,200p from 1,500p as it reduced estimates ahead of the full-year results, which it said are unlikely to surprise positively.
FTSE 100 movers: Entain rallies; Ocado in the red
London’s FTSE 100 was up 0. 5% at 7,975. 37 in afternoon trade on Thursday.
International Paper to seek secondary London listing if DS Smith deal goes ahead
International Paper said on Thursday that it had made "significant progress" in reciprocal due diligence with regards to a potential takeover offer for UK-based DS Smith, and that it could seek a secondary listing in London if a deal goes ahead.
BT Group shares ripe for a re-rating, says JPMorgan
Shares of BT Group appear heavily undervalued and "ripe for a major re-rating", JPMorgan Cazenove said in a note on Thursday.
London midday: Stocks gain as investors mull services reading
London stocks had extended gains by midday on Thursday, helped along by a solid performance from the mining sector, as investors mulled the latest reading on the UK services sector.
Space NK owner Manzanita preparing £400m sale - report
The long-standing owner of high street beauty retailer Space NK is reportedly preparing to put it up for sale with a price tag of more than £300m.
UK business activity continues to expand, albeit less than expected
UK business activity continued to expand in March, albeit less than expected, according to a survey released on Thursday.
Ocado chair Haythornthwaite to step down next year
Ocado said on Thursday that chairman Rick Haythornthwaite will be stepping down next year "due to his increasing commitment" as the recently-appointed chair of NatWest.
Motorpoint sees FY losses at 'favourable end' of expectations
Vehicle retailer Motorpoint said on Thursday that full-year pre-tax losses were set to be "at the favourable end" of management expectations following a strong performance in the fourth quarter.
CAB Payments gets Netherlands payment service provider licence, shares surge
CAB Payments surged on Thursday after its Dutch subsidiary secured a payment service provider licence with De Nederlandsche Bank N. V. (DNB).
London open: FTSE nudges up ahead of services data
London stocks nudged up in early trade on Thursday following a mostly firmer US session, as investors eyed the latest reading on the UK services sector.
CMA to launch in-depth probe into Vodafone's merger with Three
The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison’s Three that was announced last year.
Bet365 fined £582,000 for failures at online business
Bet365 has been fined £582,120 by the Gambling Commission for anti-money laundering and social responsibility failures at its online business.
London pre-open: FTSE to edge up ahead of services data
London stocks were set to edge up at the open on Thursday following a mostly firmer US session, as investors eyed the latest reading on the UK services sector.
Thursday newspaper round-up: Elon Musk, Dr Martens, HSBC
Delivery app riders pedalling through cities and tailbacks at drive-throughs were familiar signs of Britain’s hunger for takeaway food at the peak of the Covid pandemic. Now a study suggests it became an enduring habit. After a boom in orders on Deliveroo, Just Eat and other platforms by locked-down consumers, research by the Institute for Fiscal Studies (IFS) suggests the popularity of takeaways, meal deliveries and food-on-the-go bought from retailer such as sandwiches and crisps has remained above pre-pandemic levels after the removal of Covid restrictions.