Full List Of Stories
JPMorgan upgrades Rotork to 'overweight'
JPMorgan Cazenove upgraded Rotork on Wednesday to ‘overweight’ from ‘neutral’ and lifted the price target to 370p from 365p.
FTSE 250 movers: FirstGroup in the red; Trustpilot surges
London’s FTSE 250 was down 0. 6% at 20,540. 71 in afternoon trade on Wednesday.
Harland & Wolff CFO Raman resigns
Beleaguered shipbuilder Harland & Wolff said on Wednesday that its chief financial officer, Arun Raman, has resigned with immediate effect.
FTSE 100 movers: Rentokil slumps on profit warning; AB Foods gains
London’s FTSE 100 was up 0. 1% at 8,213. 99 in afternoon trade on Wednesday.
Sweden’s EQT said to be in race for Grant Thornton UK
Swedish buyout firm EQT has reportedly joined a queue of buyout firms exploring the purchase of a big stake in the UK operations of accountancy firm Grant Thornton.
Costain slumps as ASGC dumps entire stake in placing
Costain slumped on Wednesday after Dubai-based Al Shafar General Contracting Company (ASGC) exited its investment in the construction company in a placing of just over 41. 6 million shares to institutional investors.
London midday: FTSE touch higher as UK economy stagnates
London stocks were still just a touch firmer by midday on Wednesday as data showed the UK economy continued to stagnate in July.
Hornby sales, profits ‘slightly behind’ internal forecasts due to shipping delays
Model train set maker Hornby fell on Wednesday as it reported a jump in sales and profits but said its performance was below internal forecasts due to shipping delays.
Commerzbank surges as UniCredit takes 9% stake
Commerzbank surged on Wednesday after Italy’s UniCredit built a 9% stake in the German lender.
London open: Stocks nudge up as investors mull UK GDP figures
London stocks nudged higher in early trade on Wednesday as data showed the UK economy continued to stagnate in July.
Dunelm FY profit, sales rise despite 'softer' market
Homeware retailer Dunelm reported a rise in full-year profit and sales on Wednesday despite a "softer" market.
UK economy continues to flatline in July
The UK economy continued to stagnate in July, according to figures released on Wednesday by the Office for National Statistics.
London pre-open: Stocks seen down as UK economy continues to stagnate
London stocks were set to fall at the open on Wednesday as data showed the UK economy continued to stagnate in July.
Wednesday newspaper round-up: Port Talbot, Amazon, Tripadvisor
The British steel industry is braced for 2,500 job cuts at the Port Talbot steelworks, with thousands more jobs at risk in the UK, as the government prepares a taxpayer-backed deal for the south Wales plant. The business secretary, Jonathan Reynolds, is expected to outline on Wednesday details of a rescue deal which will see the government hand the historic Welsh plant’s owners, Tata Steel, £500m to build a new electric furnace – but at the cost of huge redundancies from the closure of its last remaining blast furnace.