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London open: Stocks edge up after wages data; US earnings eyed
London stocks edged up in early trade on Tuesday as investors mulled an easing in UK wage growth and looked ahead to more US earnings.
Vanquis Banking returns to profit in Q3
Lender Vanquis Banking Group said on Tuesday that it had returned to profit during the third quarter on the back of cost cutting actions.
Chemring receives U.S. DoD approvals for countermeasures deliveries
America's Department of Defense granted Chemring the majority of the approvals needed in order to proceed with the delivery of certain countermeasures.
Ninety One sees AuM slip in second quarter
Asset management firm Ninety One reported a slight fall in assets under management (AuM) in its fiscal second quarter.
Serco secures £350m DWP contract
Serco said on Tuesday that it has been selected by the Department for Work and Pensions (DWP) to deliver the new functional assessment services (FAS) in the south-west of England.
Rio Tinto reports solid Q3 output, cuts Canadian iron ore guidance
Mining giant Rio Tinto delivered a solid third quarter, with most operations delivering an increase in output compared with last year, though guidance for Canadian iron ore production was lowered.
Frasers Group to buy German sports retailer SportScheck
Mike Ashley’s Frasers Group said on Tuesday that it has agreed to buy German sports retailer SportScheck from Signa Retail Department Store Holding for an undisclosed sum.
St.James's Place says new charging models will reduce underlying cash result
St. James's Place announced the result of its previously announced review into its charging structure which was expected to come into effect in the back half of 2025.
UK wage growth eases a touch
Growth in basic wages eased a little in August, according to figures released on Tuesday by the Office for National Statistics.
St James's Place reports continued FuM growth in Q3
St. James's Place saw its funds under management continued to grow over the third quarter.
Rolls Royce announces layoffs, Moneysupermarket.com sees growth pick up
London open The FTSE 100 was being called to start the day unchanged from 7,630.
London pre-open: Stocks seen muted as investors mull earnings data
London stocks were set for a muted open on Tuesday as investors mulled the latest UK earnings data and continued to eye developments in the Middle East.
Moneysupermarket on track as insurance switching boosts third quarter
Price comparison website Moneysupermarket. com saw growth accelerate in the third quarter due to high levels of switching in insurance, offsetting the impact of higher interest rates on borrowing activities.
Tuesday preview: Middle East, Goldman Sachs in the spotlight
Financial markets' focus on Tuesday will no doubt continue to be on the conflict between Israel and Hamas in the Middle East.
Tuesday newspaper round-up: Tax cuts, Linkedin, Carillion
The government has no room for unfunded pre-election tax cuts despite having pushed through a “colossal” £52bn a year stealth raid on household incomes on Rishi Sunak’s watch, the Institute for Fiscal Studies has warned. Britain’s foremost economics thinktank said the dire state of the public finances meant that attention-grabbing tax cuts risked stoking inflation, leading to higher Bank of England interest rates and a lengthy recession. – Guardian.