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BoE chief economist Pill backs 'restrictive' monetary policy
The Bank of England’s chief economist backed keeping interest rates at their current record levels on Thursday, as the central bank continued to prioritise tackling inflation.
Renewi upbeat despite first-half weakness
Waste-to-product specialist Renewi reported first-half revenue of €937m on Thursday, with an underlying EBIT of €50. 7m reflecting re-based recyclate prices and subdued volume in certain waste sectors, including construction and demolition.
Galliford Try buys AVRS for up to £7m
Construction firm Galliford Try said on Thursday that it has bought AVRS, a specialist mechanical, electrical, instrumentation, control and automation (MEICA) design and build contractor, for up to £7m.
Energy firms fined £10.8m for missing smart meter targets
Energy suppliers including British Gas and Ovo have been fined nearly £11m for failing to meet smart meter installation targets.
Brokers keep Auto Trader on 'hold' despite strong first half
Auto Trader's share price raced ahead on Thursday morning after the automotive online marketplace smashed expectations with its interim results; but that wasn't enough to change analysts' neutral ratings on the stock.
Morgan Advanced Materials YTD sales grow despite impact of 'cyber incident'
Carbon and ceramic materials manufacturer Morgan Advanced Materials said on Thursday that year-to-date sales had risen as it continued to recover from a "cyber incident" experienced earlier in the year.
Europe open: Stocks resume their push higher
European stocks were trading in positive territory on Thursday morning as investors took advantage of a lack of economic data to increase their appetite for risk.
S4 Capital cuts earnings margin forecast, shares slide
S4 Capital tumbled on Thursday as it downgraded its full-year EBITDA margin guidance after slower-than-expected trading in the third quarter.
Asia report: Markets mixed as consumer prices fall in China
Asia-Pacific markets showed a mixed performance on Thursday after two consecutive days of declines, with a notable divergence in key indices across the region.
TheWorks downgrades FY profit guidance, shares tumble
TheWorks downgraded its full-year profit expectations on Thursday, citing a slowdown in October and increased discounting.
Dowlais reiterates FY guidance despite strike action
Automotive supplier Dowlais reiterated its full-year forecasts on Thursday despite taking a hit from United Auto Workers strike action in North America.
House price decline showing tentative signs of stabilising - RICS
UK house prices remained under pressure in October, a closely-watched survey showed on Thursday, although the pace of decline appeared to be steadying.
TBC Bank profits slip in third quarter
TBC Bank Group reported a third-quarter net profit of GEL 300m (£90. 14m) on Thursday, marking a 6% year-on-year decrease, with a return on equity (ROE) of 27. 6%.
Lancashire Holdings shares jump on robust third-quarter update
Lancashire Holdings reported significant growth and a robust financial performance in an update on Thursday, with a notable 23. 2% year-on-year increase in gross premiums written, reaching a substantial $1. 6bn.
London open: FTSE little changed after China data, earnings avalanche
London stocks were little changed in early trade on Thursday as investors mulled the latest Chinese inflation data and waded through another deluge of corporate news.
Flutter shifts earnings expectations downwards, shares slide
Gambling conglomerate Flutter Entertainment lowered its expectations for the year on Thursday, with adjusted EBITDA now expected to be £1. 44bn, at the bottom end of its previously-guided range of £1. 44bn to £1. 6bn.
Food and beverage solutions drive Tate & Lyle's first half
Tate & Lyle reported a robust first-half performance on Thursday, with adjusted revenue up 4% at £857m.
Domino's Pizza Q3 sales grow despite delivery slowdown
Fast food retailer Domino's Pizza Group said on Thursday that sales had grown in the third quarter despite it experiencing a slowdown in deliveries.
Wizz shares descend after profit guidance cut
Shares in Wizz Air plunged on Thursday after the low-cost airline said full-year profits would be at the bottom end of guidance due to a "difficult" environment.
Urban Logistics reports strong first half, asset value slips
Urban Logistics reported a strong first-half financial performance on Thursday, as net rental income increased 12. 1% year-on-year to £28. 5m, although the value of its portfolio slipped.