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Week ahead: Global inflation outlook, ECB in focus
The market spotlight during the coming week will shift to the outlook for inflation around the world.
Europe close: Stocks slip, Travel and Leisure names pace declines
European shares slipped at the end of the week dragged down by Travel and Leisure names, amid mounting Covid-19 case counts in many countries, especially in Eastern Europe and Italy.
London close: Stocks slip despite brightening prospects for US economy
London stocks finished lower at the end of the week following the release of a better-than-expected US non-farm payrolls report for February.
Caerus Mineral Resources joins London IPO flurry
Caerus Mineral Resources revealed on Friday its plans to go public on the London Stock Exchange.
Director deals: Lord Davies of Abersoch purchases shares in Intermediate Capital Partners
Lord Davies of Abersoch picked up some shares in Intermediate Capital Partners as the stock's price approached its record highs again.
US open: 'Better and more is coming', stocks slip
"Better, and more better is coming next month and beyond. ".
Broker tips: BT Group, Vistry Group, B&M European Value Retail
Credit Suisse reiterated its 'outperform' recommendation for shares of BT Group, labelling the stock an 'inflection story' and arguing that it was set to benefit from several tailwinds - including rising inflation and government bond yields.
Staycation surge causes rise in price of seaside holiday lets
The surge in holidaymakers choosing to stay on the UK seaside for the holidays this year has caused a rise in the cost of accommodation by an average of 35% compared to 2020.
FTSE 250 movers: Spirent rallies on acquisition; GCP Student falls
London’s FTSE 250 was down 1% at 21,090. 84 in afternoon trade on Friday.
Volkswagen brand to accelerate shift to EVs
Volkswagen’s namesake brand is planning to accelerate its shift to EVs and to double its European sales by 2030.
US foreign trade rises more than expected in January
America's shortfall in trade with the rest of the world widened at the start of 2020, as import outgrowth continued to outpace overseas sales.
FTSE 100 movers: BT boosted by broker note; LSE slumps
London’s FTSE 100 was up 0. 8% at 6,701. 63 in afternoon trade on Friday.
US economy adds more jobs than expected as restrictions ease
US non-farm payrolls rose a lot more than expected in February as Covid cases fell and some restrictions were lifted, while the unemployment rate ticked lower, according to data released by the Labor Department on Friday.
Parsley Box plans float to target over-60s with ready meals
Parsley Box said it would float on the stock exchange to expand its business selling ready meals to people aged 60 or over.
Liberum lifts B&M European Value target price after update
Liberum upped its price target on shares of B&M European Value Retail to 650p from 600p on Friday following the company’s trading update a day earlier.
Vectura delays results because of KPMG staff shortage
Vectura delayed the publication of its annual results after KPMG asked for more time to audit the accounts because of a staff shortage caused by Covid-19.
Europe midday: Shares cut losses as oil, bank stocks provide support
European shares pared back morning losses at midday as oil and bank stocks found favour with investors after earlier falls when US Federal Reserve Chair Jerome Powell failed to calm investors over rising bond yields.
Europe open: Shares slide as Powell remarks fail to impress investors
European shares started the final session of the week lower after US Federal Reserve Chair Jerome Powell failed to calm investors over rising bond yields.
London midday: FTSE turns higher as banks, energy shares rally; payrolls eyed
London stocks had reversed earlier losses to trade a touch higher by midday, helped along by strength in the banking and energy sectors, as investors eyed the latest US non-farm payrolls report.