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Braveheart Investment boasts surge into the black
AIM-quoted Braveheart Investment Group surged into profits of £780,000 in its audited annual results for the financial year ended March 2017, after reporting a £1. 7m loss last time.
Europe close: Italian stocks outperform on gains in banks
Stocks finished well of their lows of the session, helped by a positive start to trading over on Wall Street, with Italian issues outperforming.
Thursday preview: CBI survey to ease, Saga and Chemring report
Thursday should be a quieter day on the UK financial calendar, with the CBI industrial trends survey providing macroeconomic data and little in the way of scheduled results apart from updates from mid-sized names including Saga, Chemring and Go-Ahead Group.
FX round-up: Sterling ahead as BoE's Haldane hawkish on UK rates
Sterling put in an unfamiliar positive performance on most key crosses Wednesday thanks to a hawkish jawbone on UK interest rates by Bank of England chief economist Andy Haldane.
London close: FTSE ends down after Queen's Speech, Haldane's rate-rise comments
Shares in London were under pressure Thursday as sterling zipped ahead on news Bank of England chief economist Andy Haldane said he would likely vote for a rate rise later in 2017.
US open: Wall Street mixed despite positive data
The main market indices on Wall Street were trading on a mixed note early on Wednesday despite the release of data showing another drop in oil inventories and stronger-than-expected demand for new homes.
Grenfell Tower survivors to be rehoused in luxury complex
The UK government has bought 68 flats in a luxury west London apartment block in order to rehouse the survivors of the Grenfell Tower fire.
Commodities: Crude extends gains as EIA confirms US stores drop
Crude-oil futures got a mild shove on a sun-soaked Wednesday afternoon in London as fresh official data showed a draw in US stores of the black liquid last week.
London property sales fall 18% in 2016
Home sales in Britain fell significantly during 2016, with London experiencing an 18% drop in property deals in comparison to 2015.
Queen's speech sees embattled May change tack, DUP demands to the fore
In the Queen's speech to formally open parliament, Prime Minister Theresa May's minority government announced an intention to "provide certainty" over Brexit and maintain a "deep and special" alliance with the EU, as well as proposing a review of terror laws, technical education and mental health care.
Macquarie cuts Brent price forecasts, says OPEC has few options
Macquarie slashed its forecasts for the average price of Brent, predicting that too much oil will be produced, loaded and marketed around the world until 2020.
WPP takes minority stake in US-based Celtra Technologies
Advertising agency WPP has taken a minority stake in US-based digital advertising creative management platform Celtra Technologies.
US crude oil inventories fall for a second week
Crude oil inventories in the States shrank for a second week in a row alongside a drop in gasoline stockpiles, official data showed.
Startup bank Atom receives £30m boost
Fintech-focussed startup bank Atom received a state-sponsored cash injection this week, with £30m injected into the firm from British Business Bank.
FTSE 100 movers: Whitbread rallies on update; Provident Financial tanks
London's FTSE 100 was down 0. 1% to 7,462. 97 as investors digested the Queen's Speech.
Metro Bank appoints regulatory and compliance expert to board
Metro Bank announced the appointment of Monique Melis as a new independent non-executive director.
Alexander Mining receives 'significant interest' in joint venture
Alexander Mining updated the market on its lithium research and development joint venture on Wednesday, confirming “significant interest” following its announcement of the joint venture project on 2 March.
Existing US home sales outpace forecasts in May
Existing home sales in the States rose past forecasts last month as some buyers managed to overcome the challenging market conditions that were prevailing in many areas.
UniVision MTR contract expanded
CCTV system supplier, designer, installer and maintenance provider UniVision Engineering announced on Wednesday that additional works had been confirmed recently by mass transit operator MTR Corporation in Hong Kong.
Hike in Bank Rate might be prudent in second half, BoE's Haldane says
The Bank of England's chef economist signaled he too might soon shift his stance in favour of a hike in Bank Rate.