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London open: FTSE slumps amid Middle East woes; Rentokil slides
London stocks fell sharply in early trade on Thursday following heavy losses on Wall Street and in Asia, as tensions in the Middle East continued to dent sentiment.
Rank Q1 revenues grow amid 'challenging' trading environment
Gambling company Rank Group saw revenues grow in the first quarter despite operating in a "challenging" trading environment.
Assets under management slip at Schroders
Shares in Schroders came under pressure on Thursday, after the London-listed investment manager posted a fall in assets under management.
Europe open: Risk-off sentiment sees stocks tank early on
Stocks across Europe dropped sharply on Thursday morning as investors' appetite for risk declined in the wake of declines on Wall Street and Asian indices overnight.
AJ Bell reports record AuA as customers number jump
Investment platform AJ Bell delivered an impressive pre-close trading update on Thursday, with customers numbers rising by 12% and net inflows surpassing the £4bn mark against what it called a "challenging market backdrop".
Rentokil sees US performance 'marginally below' previous expectations
Services group Rentokil Initial said on Thursday that its full-year performance in North America was set to be 'marginally below' its previous expectations, citing "near-term market uncertainty".
Mondi Q3 profit slides amid 'subdued' demand
Paper and packaging group Mondi slumped on Thursday as it said that challenging conditions continued into the third quarter, with demand "subdued" and profits much lower.
Spire Healthcare buys Vita for £74m
Private healthcare provider Spire Healthcare said on Thursday that it has bought Vita Health Group, a provider of mental and physical health services in the UK, for around £74m in cash.
Deliveroo backs annual guidance as Q3 GTV ticks up 5%
Deliveroo backed its full-year guidance on Thursday as it posted a 5% increase in third-quarter gross transaction value (GTV), pointing to improving growth trends.
Dunelm sales jump 9% in first quarter
Homeware retailer Dunelm posted a 9% jump in first-quarter sales on Thursday, largely driven by volume.
London pre-open: Stocks seen down on Middle East woes
London stocks looked set for further losses on Thursday following downbeat sessions in the US and Asia as tensions in the Middle East continued to dent sentiment.
Dunelm posts 9% jump in Q1 sales, Spire Healthcare buys Vita
London open The FTSE 100 was called to open 26 points lower at 7,562.
Thursday newspaper round-up: Inflation target, Amazon, Abcam
The Bank of England should be set a 3% inflation target and given powers to crash borrowing costs below zero in response to future economic shocks, a leading thinktank has said. The Resolution Foundation said Britain required a big overhaul of its economic toolkit to avoid decades of rising debt or austerity, and called for reforms at the Bank and the Treasury to get a “bigger bang for each buck”. – Guardian.