Full List Of Stories
FTSE 100 movers: IHG boosted by upgrade; L&G in the red
London’s FTSE 100 was down 0. 6% at 8,257. 76 in afternoon trade on Wednesday.
Goldman upgrades InterContinental Hotels, downgrades Whitbread
Goldman Sachs upgraded InterContinental Hotels to ‘buy’ from ‘neutral’ on Wednesday and cut Premier Inn owner Whitbread to ‘neutral’ from ‘buy’ as it reshuffled its European-listed hotel ratings.
TGI Fridays franchise owner Hostmore to call in administrators
Hostmore, which owns the UK franchise of TGI Fridays, said on Wednesday that it was filing for administration.
London midday: Stocks fall further as investors eye Fed; IHG jumps on upgrade
London stocks had fallen further into the red by midday on Wednesday as investors mulled the latest UK inflation reading and looked ahead to a policy announcement from the US Federal Reserve.
RBC Capital starts Marshalls at ‘sector perform’
RBC Capital Markets initiated coverage of Marshalls on Wednesday with a ‘sector perform’ rating and 370p price target.
Citi upgrades Hammerson to ‘buy’
Citi upgraded Hammerson to ‘buy’ from ‘neutral’ on Wednesday and lifted the price target to 43p from 26p, saying it was entering a "new positive up cycle".
Reckitt said to have started talks on £6bn sale of homecare assets
Reckitt Benckiser has reportedly started early discussions with some of the potential suitors for its homecare assets, which could fetch more than £6bn in a deal.
London open: Stocks edge lower after inflation data, ahead of Fed
London stocks edged lower in early trade on Wednesday as investors mulled the latest UK inflation reading and looked ahead to a policy announcement from the US Federal Reserve.
Moonpig backs FY guidance, says trading in line
Online greeting card and gift retailer Moonpig backed its full-year guidance on Wednesday as it said trading has been in line with expectations.
Inflation unchanged at 2.2% ahead of BoE rate announcement
UK inflation was unchanged in August, according to figures released on Wednesday by the Office for National Statistics, remaining above the Bank of England’s target.
London pre-open: Stocks seen down after inflation data, ahead of Fed
London stocks were set to fall at the open on Wednesday as investors mulled the latest UK inflation reading and looked ahead to a policy announcement from the US Federal Reserve.
Wednesday newspaper round-up: Stellantis, ITV, Philip Morris
Employers who force staff to return to the office five days a week have been called the “dinosaurs of our age” by one of the world’s leading experts who coined the term “presenteeism”. Sir Cary Cooper, a professor of organisational psychology and health at the University of Manchester’s Alliance Manchester Business School, said employers imposing strict requirements on staff to be in the office risked driving away talented workers, damaging the wellbeing of employees and undermining their financial performance.