Full List Of Stories
Alpha FMC extends takeover deadline as talks with Bridgepoint ongoing
Alpha Financial Markets said on Wednesday that the ‘put up or shut up’ deadline for Bridgepoint to make an offer for the group has been extended as the two parties are still in talks.
FTSE 250 movers: Safestore, Octopus Renewables lose ground
London’s FTSE 250 was up 1. 2% at 20,499. 68 in afternoon trade on Wednesday.
FTSE 100 movers: Rentokil surges; Legal & General in the red
London’s FTSE 100 was up 0. 9% at 8,219. 56 in afternoon trade on Wednesday.
FedEx to cut between 1,700 and 2,000 back office jobs in Europe
US parcel delivery firm FedEx said on Wednesday that it plans to axe between 1,700 and 2,000 back-office and commercial jobs in Europe as it looks to cut costs amid a slump in freight demand.
London midday: Stocks maintain gains after UK GDP, ahead of US inflation
London stocks were still in the black by midday on Wednesday as uninspiring UK GDP data raised hopes of a rate cut this summer.
Rentokil surges as Nelson Peltz's Trian said to have taken 'significant' stake
Rentokil surged to the top of the FTSE 100 on Wednesday following reports that activist investor Nelson Peltz’s Trian Fund Management has taken a "significant" stake in the pest control company.
London open: Stocks jump as uninspiring GDP raises rate cut hopes
London stocks rose in early trade on Wednesday as uninspiring UK GDP data raised hopes of a rate cut this summer.
HSS Hire loses key customer Amey, shares slide
HSS Hire tanked on Wednesday as it announced the loss of a key customer.
DFS cites weaker demand, Red Sea disruption as it warns on profits again
DFS warned on profits again on Wednesday as it pointed to weaker demand and Red Sea disruption.
UK economy stagnates in April
The UK economy stagnated in April, according to figures released by the Office for National Statistics on Wednesday, having just come out of a recession a month earlier.
London pre-open: Stocks seen up; UK economy stagnates in April
London stocks were set to rise at the open on Wednesday following heavy losses in the previous session, as investors mulled the latest UK GDP data.
Wednesday newspaper round-up: Entain, Invesco, Deltic Energy
The owner of South West Water has warned that global heating will increase the risk of outbreaks of the parasite that caused diarrhoea and vomiting in south Devon. Pennon Group said that “gradual and significant increasing average and high temperatures” could pose “risks to water quality and water treatment” – including the cryptosporidium parasite – in its annual report, published this week. – Guardian.