Latest News
London open: Stocks little changed as investors eye jobs data
Stocks in London were muted in early trade as investors awaited the release of UK jobs data.
Morrisons expands Amazon partnership with Prime Now offering
Supermarket chain Morrisons expanded its partnership with online retail giant on Wednesday, announcing a new service called 'Morrisons at Amazon'.
Prudential nine-month new business profit up, to boost divi by 5% a year
FTSE 100 insurer Prudential reported a jump in new business profit for the first nine months of the year and said it plans to boost its dividend by 5% a year.
Severn Trent to buy Dee Valley for £78.5m
Severn Trent has agreed to buy smaller listed water service provider Dee Valley Group for about £78. 5m, gazumping a rival that had previously shaken hands on a deal.
Speedy Hire sees FY results ahead of previous expectations
Industrial equipment rental company Speedy Hire reported a rise in first-half pre-tax profit and said it expects full-year results to be ahead of its previous forecasts.
Great Portland sells central London property to Norwegian sovereign wealth fund
Great Portland Estates has completed the sale of 73/89 Oxford Street and 1 Dean Street in London to Norwegian sovereign wealth fund Norges Bank Real Estate Management for £276. 5m.
Aggreko sees FY profits in line at £225m
Portable power provider Aggreko said it expected 2016 full year results to be broadly in-line with current market expectations, with pre-exceptional profit before tax of around £225m.
International PPL performing in line with expectations
Public infrastructure projects investor International Public Partnerships issued an update for the period from 1 July to 15 November on Wednesday, with the company saying its portfolio of 126 investments was performing fully in line with expectations.
Cranswick buys Northern Irish pork processing business Dunbia Ballymena
FTSE 250 food producer Cranswick has acquired Northern Irish pork processing business Dunbia Ballymena for an undisclosed sum.
Capital & Counties makes internal CFO appointment
Capital & Counties Properties announced on Wednesday that Situl Jobanputra will be appointed to the executive director position of chief financial officer, with effect from 1 January.
London pre-open: Stocks seen higher ahead of UK jobs data
Stocks in London were set to open higher on Wednesday as investors eyed some key UK jobs data.
Rolls-Royce says 2016 outlook unchanged
Rolls-Royce said said its outlook for 2016 remained unchanged for revenue, profit and cash.
Wednesday newspaper round-up: Autumn Statement, Rio Tinto, US dollar
Theresa May and Philip Hammond have ended weeks of fraught Autumn Statement negotiations by agreeing measures to help key voters known in Whitehall as “Jams” — people who are “just about managing”. Downing Street and Treasury officials have spent weeks in tough talks, with the prime minister demanding that her government’s first big economic event next week should have more measures to help working class voters left behind by globalisation. – Financial Times.
Barratt Developments board confident as sales jump
Housebuilder Barratt Developments issued a trading update for the period from 1 July to 13 November on Wednesday, with the board saying overall market conditions remained healthy.
US close: Markets finish green as oil prices surge
US equities finished in the green on Tuesday as oil prices surged over 5%, while data pointed to firmer household spending, which could increase the likelihood of a rate hike from the Federal Reserve.