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Marshalls revenues fall 10% amid weak housing market
Landscaping and building products supplier Marshalls said revenues fell 10% in the four months to April 30 as weak demand in the housing and maintenance market continued, adding that it still expected flat profits for 2024.
Marshalls revenues slide on weak demand, Spirax maintains guidance
London open The FTSE 100 is expected to open 32 points higher on Wednesday, having closed up 0. 16% on Tuesday at 8,428. 13.
London pre-open: Stocks seen up ahead of US CPI
London stocks were set to rise at the open on Wednesday following a positive session on Wall street, as investors eyed the latest US inflation reading.
Spirax Group keeps sales guidance, but FX to weigh on profits
Engineering firm Spirax Group has maintained its guidance for organic sales growth this year despite ongoing weakness in the wider market, though foreign exchange headwinds will impact profits more than previously thought.
Wednesday newspaper round-up: Brexit border outages, Boeing, Stellantis
Lorries carrying perishable food and plants from the EU are being held for up to 20 hours at the UK’s busiest Brexit border post as failures with the government’s IT systems delay imports entering Britain. Businesses have described the government’s new border control checks as a “disaster” after IT outages led to lorries carrying meat, cheese and cut flowers being held for long periods, reducing the shelf life of their goods and prompting retailers to reject some orders.