Latest News
London midday: Housebuilders and real estate stocks pull FTSE higher
A surprise drop in UK inflation triggered some big gains for London-listed property stocks on Wednesday, with hopes rising that the Bank of England's next interest-rate hike might just be its last.
Italian Competition Authority to probe Ryanair
The Italian Competition Authority is to investigate Ryanair over alleged exclusionary abuse of a dominant position, it was announced on Wednesday.
Greatland inks land access deal with Manta Rirrtinya native title holders
Greatland Gold has entered into a land access and mineral exploration agreement with the Wakamurru Aboriginal Corporation RNTBC, it announced on Tuesday.
Advanced Medical Solutions reports slight increase in first-half profit
Tissue-healing technology developer Advanced Medical Solutions reported an 8% improvement in first-half revenue in its interim results on Tuesday, to £63. 1m.
Europe midday: Shares rally on UK CPI fall, eurozone ind production data
European shares extended gains at midday on Wednesday as a surprise fall in UK inflation raised hopes the Bank of England may pause its rate rate hike programme when it meets on Thursday, while a rise in eurozone industrial production also boosted sentiment.
Avacta brings in clinical consultant as it hunts for permanent CMO
Oncology-focussed life science company Avacta Group announced a new consultancy pact with Dr Christina Coughlin on Tuesday.
LBG Media posts growth despite advertising market downturn
Youth-focused digital publisher LBG Media reported a 10% growth in total group revenue in its interim results on Tuesday, to £27. 2m.
Eurozone construction output pushes higher
Eurozone construction output nudged higher in July, official data showed on Wednesday, following gains in the bloc’s major economies.
Johnson Service Group kicks off share buyback programme
Johnson Service Group kicked off its share buyback programme on Tuesday, which will see it buy back shares worth up to £10m.
Warpaint London reports substantial rise in first-half sales
Colour cosmetics company Warpaint London reported a substantial increase in its first-half sales on Tuesday after expanding its branded product sales.
Asia report: Markets fall as China keeps loan prime rates on hold
Asia-Pacific stock dropped on Wednesday following China's decision to maintain its one-year and five-year loan prime rates unchanged.
UK house-price growth slowed in July, ONS says
The rise in UK house prices slowed dramatically in July, according to data out on Wednesday from the Office for National Statistics.
M&G beats estimates for 1H profits and net client flows
Global investment manager M&G posted stronger-than-expected interim profits and net client flows.
Bitcoin and cryptos remain calm, as they patiently await Powell and Fed
There´s a tense calm in the cryptocurrency market. Bitcoin (BTC) moderates its recent rises and is just above $27,000 before the Federal Reserve (Fed) announces its next monetary policy decision. Meanwhile, Ethereum (ETH) corrects a bit and stands at around $1,630.
Supermarket Income REIT posts strong full-year rent growth
Supermarket Income reported a 30% spike in its annualised passing rent in its audited results on Tuesday, reaching £100. 6m.
Action underpinning 3i Group's portfolio performance
3i Group updated the market on its September portfolio company reviews on Tuesday, reporting that despite the overarching difficulties in the current macroeconomic scenario, its portfolios are demonstrating commendable progress.
Europe open: Shares up as UK CPI fall boosts hopes of rate hike pause
European shares made a strong start on Wednesday as a surprise fall in UK inflation raised hopes the Bank of England may pause its rate rate hike programme when it meets on Thursday.
London open: Property stocks lift markets as UK inflation falls
The FTSE 100 rose on Wednesday morning as an unexpected drop in UK core inflation raised hopes that tomorrow's anticipated interest-rate hike by the Bank of England would be its last in the current cycle.
Pearson shares drop as CEO Andy Bird retires
Shares in educational publisher Pearson dropped on Wednesday morning after the company announced the exit of its chief executive Andy Bird, who has been in the role for three years.
Finsbury Food shares surge on sale to DBAY
Shares in Finsbury Food Group surged by a fifth on Wednesday after agreeing to a £143. 4m takeover by asset management firm DBAY.