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ScS to be bought by Italy's Poltronesofà in £99.4m deal
ScS surged on Tuesday after it agreed to be bought by Italian furniture retailer Poltronesofà in a £99. 4m deal.
German consumer sentiment weakens further as recovery hopes fades
Consumer sentiment in Germany declined for a third straight month in October, as hopes of a recovery before the end of the year begin to fade.
Primary Health Properties rental income grows YTD, hikes dividend
Healthcare facilities investor Primary Health Properties said on Tuesday that improved rental income had continued to drive its strong performance and dividend growth in the third quarter.
Cornerstone FS lifts full-year outlook
Foreign exchange and payments firm Cornerstone FS said on Tuesday that it had seen "continued strong trading momentum", with full-year revenue and adjusted underlying earnings now seen above previous expectations.
UK unemployment rate ticks higher
The UK unemployment rate ticked up to 4. 2% in the three months to August from 4. 0% in the three months to July, according to figures released on Tuesday by the Office for National Statistics.
Plus500 reports robust third-quarter performance
Multi-asset fintech specialist Plus500 reported a robust third-quarter performance on Tuesday, during a period marked by lower market volatility and trading volumes.
London open: Banks pace the decline after Barclays update
London stocks fell in early trade on Tuesday, with banks under the cosh after a disappointing update from Barclays, as investors mulled the latest UK jobs data.
Europe open: Markets edge higher, but banks drag FTSE 100 into red
European stocks mostly rose on Tuesday morning, but big falls in London's banking sector meant the FTSE 100 was alone in the red early on.
CAB Payments warns on FY revenues, shares slide
CAB Payments tumbled on Tuesday after the payment processing company warned on full-year revenues, pointing to changes in market conditions in some of its key currency corridors, as well as ongoing uncertainties surrounding the Naira.
Alphawave IP new bookings down in Q3, but guidance maintained
Semiconductor group Alphawave IP reported a mixed third quarter, with falls in licence and non-recurring engineering (NRE) contract wins dragging down new bookings by 9%.
AG Barr buys Rio tropical drinks brand for £12.3m
Irn Bru maker AG Barr said on Tuesday that it has bought the Rio Tropical soft drinks brand from independent brewer Hall and Woodhouse for £12. 3m in cash.
London pre-open: Stocks to fall as investors mull jobs data, eye PMIs
London stocks were set to fall on Tuesday as investors digested the latest UK jobs data and looked ahead to services and manufacturing PMIs.
Eurowag performing in line with expectations through third quarter
Commercial road transport (CRT)-focussed WAG Payment Solutions, trading as Eurowag, reported a solid performance in line with expectations for the first nine months of the year on Tuesday.
Anglo American cuts copper guidance for 2023
Multi-metal mining giant Anglo American has cut copper production guidance for the full year, but said it remains on track to his all other output targets.
Bunzl profits in line with expectations, Anglo American cuts copper guidance
London open The FTSE 100 is expected to open one point lower on Tuesday, having closed down 0. 37% on Monday at 7,374. 83.
Tuesday newspaper round-up: EV charging network, net zero targets, St James's Place
Almost £1bn meant to help build Britain’s electric vehicle charging network remains unallocated more than three years after it was first announced by Rishi Sunak. Promised in March 2020 before the first Covid lockdown in Sunak’s early weeks as Boris Johnson’s chancellor, the “rapid charging fund” was meant to support electrical capacity at motorway service stations. It was intended to help fund upgrades to the grid so that more electric cars can be rapidly charged at the same time.
Sector movers: Travel stocks pace gains
Travel and Leisure stocks rebounded at the start of the week amid reports that Israeli authorities were reevaluating the scope of a planned ground offensive into Gaza.