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Fullers 'primed for a strong Christmas' as revenues jump
Pub chain Fuller, Smith & Turner reported a jump in half-year profit and revenue on Wednesday, benefiting from the return of office workers, as it said it was "primed for a strong Christmas".
China's retail sales beat forecasts
China’s faltering economy looked to have strengthened last month, after official data published on Wednesday showed larger-than-expected improvements in both retail sales and factory output.
Genuit FY profit to be 'marginally above' market views, shares surge
Genuit surged on Tuesday after the manufacturer of plastic piping systems said full-year adjusted operating profit was set to be "marginally" above market expectations of £89. 7m.
Diversified Energy reports solid third quarter
Diversified Energy Company reported an average net daily production of 804 million cubic feet in its third quarter on Wednesday, equivalent to 134,000 barrels of oil daily.
Europe open: Stocks rise as US and UK inflation eases, China data improves
European stock markets rose on Wednesday morning after consumer price data from both the US and UK showed that inflation fell more than expected in October, raising hopes that policymakers may be done with interest-rate hikes for now.
London open: Stocks rally after UK inflation data
London stocks rallied in early trade on Wednesday as investors welcomed a bigger-than-expected drop in UK inflation.
Adjusted first-half earnings top forecasts for SSE
SSE reported first-half adjusted earnings per share of 37p on Wednesday, surpassing pre-close guidance, thanks to improved operational efficiency and a lower anticipated effective tax rate for the full year.
Experian shares jump after solid H1 growth
Data services specialist and consumer credit ratings firm Experian delivered a solid set of first-half results with all regions contributing positively to growth, as it reiterated its guidance for the full year.
UK inflation eases to two-year low of 4.6%
UK inflation fell to a two-year low in October as energy prices eased after the energy price cap was cut, according to figures released on Wednesday by the Office for National Statistics.
Ninety One cuts interim dividend as AuM fall 5%
Investment manager Ninety One posted a drop in interim profit on Wednesday and cut its interim dividend as assets under management fell amid "extremely challenging" market conditions.
Reckitt announces new chair, SSE adjusted earnings top forecasts
London open The FTSE 100 is expected to open 35 points higher on Wednesday, having closed up 0. 2% on Tuesday at 7,440. 47 .
London pre-open: Stocks seen up as inflation falls to two-year low
London stocks were set to rise at the open on Wednesday following upbeat US and Asian sessions, as investors mulled a bigger-than-expected drop in UK inflation.
Reckitt chair Chris Sinclair to step down next year
Consumer products group Reckitt Benckiser has announced that chair Chris Sinclair will be stepping down from the board next year, and will be replaced by non-executive director Sir Jeremy Darroch.
Wednesday newspaper round-up: Manchester City, Selfridges, 'British Isa'
Manchester City have announced record-breaking revenue for the 2022-23 financial year. The club confirmed income of £712. 8m, outstripping the Premier League record £648. 4m reported by Manchester United last month. City’s figure is up from £613m and the club almost doubled its profit to £80. 4m, from £41. 7m, despite a large increase in wages. The 2022-23 season was highly successful for City, who won a Premier League, Champions League and FA Cup treble, boosting finances through commercial and broadcast revenue.