Full List Of Stories
FTSE 100 movers: M&S surges on results; Persimmon takes a hit
London’s FTSE 100 was down 0. 8% at 8,348. 43 in afternoon trade on Wednesday.
Anglo American rejects third and final takeover proposal from BHP
Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia’s BHP which values the miner at £38. 6bn.
Cinven not planning to make an offer for Alpha Financial
Alpha Financial Markets tumbled on Wednesday as it said private equity firm Cinven is not planning to make an offer for the financial services company.
Berenberg re-initiates coverage of Weir at ‘buy’
Berenberg re-initiated coverage of Weir Group on Wednesday with a ‘buy’ rating and 2,600p price target as it argued the engineering firm is a "structural winner".
Biogen to buy biotech Human Immunology Biosciences for up to $1.8bn
Biogen said on Wednesday that it has agreed to buy Human Immunology Biosciences (HI-Bio) for up to $1. 8bn.
ITV makes investment in online estate agent Purplebricks
Broadcaster ITV said on Wednesday that it has made an investment in online estate agent Strike, which trades as Purplebricks.
Europe midday: Stocks stay down after UK inflation data; autos slump
European stocks were still weaker by midday on Monday as investors mulled the latest UK inflation data and looked ahead to quarterly earnings from US chip giant Nvidia.
London midday: Stocks down as inflation data dents rate cut hopes
London stocks were off earlier lows but still in the red by midday on Wednesday as data showed that inflation fell less than expected in April, dashing hopes of a summer rate cut.
Raspberry Pi confirms London IPO
Computer maker Raspberry Pi confirmed on Wednesday that it plans to float on the London Stock Exchange, likely in June.
London open: Stocks fall as inflation data dashes rate cut hopes
London stocks fell in early trade on Wednesday as data showed that inflation fell less than expected in April, dashing hopes of a summer rate cut.
UK consumer price inflation falls to 2.3% in April
Consumer price inflation fell less than expected in April, according to figures released on Wednesday by the Office for National Statistics, dashing hopes of a summer rate cut.
Mitchells & Butlers sees FY results at top end of expectations
Pub group Mitchells & Butlers said on Wednesday that its full-year results were set to be at the top end of consensus expectations as it reported a rise in first-half profit.
M&S FY profits, sales jump as turnaround efforts bear fruit
Marks & Spencer posted a jump in full-year sales and profits on Wednesday as the retailer’s turnaround efforts bore fruit.
London pre-open: Stocks seen lower; inflation in focus
London stocks were set to fall at the open on Wednesday as the latest figures from the Office for National Statistics showed that inflation declined less than expected in April.
Wednesday newspaper round-up: Anglesey power station, electric cars, Eurostar passengers
Ministers have earmarked north Wales as the site of a large-scale nuclear power plant, which is part of plans to resuscitate Britain’s nuclear power ambitions. Wylfa on Anglesey (Ynys Môn) has been named as the preferred site for the UK’s third major nuclear power plant in a generation, coming after EDF’s Hinkley Point C nuclear plant, which is under construction in Somerset, and its Sizewell C nuclear project planned for Suffolk. – Guardian.