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UK new car registrations up 10.4% in March
UK new car registrations rose 10. 4% in March, according to the Society of Motor Manufacturers, as carmakers shored up electrified demand.
Motorpoint sees FY losses at 'favourable end' of expectations
Vehicle retailer Motorpoint said on Thursday that full-year pre-tax losses were set to be "at the favourable end" of management expectations following a strong performance in the fourth quarter.
Eurozone composite PMI revised to 10-month high on services strength
Economic activity in the eurozone's private sector expanded for the first time in ten months in March, according to revised figures released by Hamburg Commercial Bank (HCOB) on Thursday.
CAB Payments gets Netherlands payment service provider licence, shares surge
CAB Payments surged on Thursday after its Dutch subsidiary secured a payment service provider licence with De Nederlandsche Bank N. V. (DNB).
Ascential lays out plans to return £850m to shareholders
Ascential expanded on its plans to return £850m to shareholders on Thursday, involving a tender offer to acquire up to £300m of Ascential shares, a special dividend of at least £450m, and on-market share buyback programmes to acquire £100m of Ascential shares.
Europe open: Markets subdued as investors watch incoming data
European stock markets were once again rangebound on Thursday morning as investors treaded with caution in light of yet more incoming economic data, which could give more clues on the short-term outlook for interest rates.
London open: FTSE nudges up ahead of services data
London stocks nudged up in early trade on Thursday following a mostly firmer US session, as investors eyed the latest reading on the UK services sector.
Supermarket Income declares dividend, suspends scrip alternative
Grocery property investor Supermarket Income REIT announced an interim dividend for the quarter ended 31 March on Thursday, of 1. 515p per share.
Future returns to organic revenue growth in second quarter
Future reported a return to organic revenue growth in its second quarter on Thursday, largely attributed to robust performances in Go. Compare, B2B sectors, and resilient magazine sales.
Amaroq starts first underground mining blast at Nalunaq
Amaroq Minerals announced a significant milestone on Thursday, with the successful start of the first underground mining blast at the Nalunaq site in Southern Greenland.
DS Smith extends Mondi offer deadline by two weeks
DS Smith, the packaging group at the centre of a a bidding war between UK-listed Mondi and US firm International Paper, has extended the so-called 'put up or shut up' deadline for the former to make a firm offer.
CMA to launch in-depth probe into Vodafone's merger with Three
The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison’s Three that was announced last year.
Drax Group signs new £150m loan
Power generation business Drax has signed a new £150m term-loan facility to help refinance its debt.
Bet365 fined £582,000 for failures at online business
Bet365 has been fined £582,120 by the Gambling Commission for anti-money laundering and social responsibility failures at its online business.
London pre-open: FTSE to edge up ahead of services data
London stocks were set to edge up at the open on Thursday following a mostly firmer US session, as investors eyed the latest reading on the UK services sector.
Entain chair steps down while CEO search continues
Entain, the sports betting and gambling group currently without a permanent chief executive, has announced that chair Barry Gibson will also step down later this year following a four-year tenure.
Entain chair to step down, Future trading as expected in first half
London open The FTSE 100 is expected to open six points higher on Thursday, having closed up 0. 03% on Wednesday at 7,937. 44.
Thursday newspaper round-up: Elon Musk, Dr Martens, HSBC
Delivery app riders pedalling through cities and tailbacks at drive-throughs were familiar signs of Britain’s hunger for takeaway food at the peak of the Covid pandemic. Now a study suggests it became an enduring habit. After a boom in orders on Deliveroo, Just Eat and other platforms by locked-down consumers, research by the Institute for Fiscal Studies (IFS) suggests the popularity of takeaways, meal deliveries and food-on-the-go bought from retailer such as sandwiches and crisps has remained above pre-pandemic levels after the removal of Covid restrictions.
Sector movers: Miners and oil producers pace gains
Miners and the oil patch were again the strongest areas of the stock market on Wednesday.