Full List Of Stories
Cineworld said to be leaning towards CVA
The owners of Cineworld are reportedly leaning towards putting its British operations through a formal restructuring process after holding initial talks about a sale with prospective buyers.
FTSE 100 movers: JD Sports hit by Nike results; WPP also falls
London’s FTSE 100 was up 0. 2% at 8,197. 27 in afternoon trade on Friday.
Berenberg lifts Moonpig price target
Berenberg lifted its price target on Moonpig on Friday to 280p from 265p as it said the strategic initiatives implemented by management are bearing fruit.
London midday: FTSE maintains gains after GDP data, ahead of US inflation
London stocks were still in the black by midday on Friday as investors mulled better-than-expected UK GDP data and looked ahead to a key US inflation reading.
Nightcap to delist from AIM; FY underlying profits to miss expectations
Bar owner Nightcap said on Friday that it plans to delist its shares from the London Stock Exchange, as it cautioned that underlying profits would be below current market expectations.
Keywords Studios gets sweetened takeover proposal from EQT
Keywords Studios said on Friday that it had received a sweetened £1. 96bn takeover proposal from private equity firm EQT Group that it would be minded to recommend if a firm offer was made.
Tavistock Investments confirms talks with Saltus
AIM-listed financial services firm Tavistock Investments confirmed on Friday that it is considering a number of potential transactions, including a possible disposal of part of its business to Saltus, a financial planning and investment management services group.
London open: Stocks rise after better-than-expected UK GDP
London stocks rose in early trade on Friday as data showed the UK economy grew more than first thought in the first quarter.
UK economy grows faster than first estimated in Q1
The UK economy grew faster than first thought in the first three months of the year, according to data released on Friday by the Office for National Statistics.
London pre-open: Stocks to rise as economy grows faster than expected
London stocks were set to rise at the open on Friday as investors mulled better-than-expected UK GDP data.
Friday newspaper round-up: Port Talbot, Elon Musk, Amazon
Tata Steel has told workers it could to cease operations at its steel plant in Port Talbot months earlier than planned because of a strike. The company had been planning to shut down one of the blast furnaces by the end of June and the second one by September. But workers at the south Wales site have been told that Tata plans to cease operations at both furnaces no later than 7 July because of the strike by members of Unite, which starts the following day. – Guardian.