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Tasty shares tank as losses widen, but board confident in turnaround plan
Restaurant operator Tasty saw shares drop sharply on Friday after the Dim T and Wildwood owner reported a doubling of losses in 2023, but expressed its confidence in its turnaround after closing underperforming sites.
Europe open: Shares up as UK GDP rises; Eyes on US data later
European shares were higher at the open on Friday as investors digested stronger-than-expected UK GDP figures and awaited US inflation figures later in the day.
London open: Stocks rise after better-than-expected UK GDP
London stocks rose in early trade on Friday as data showed the UK economy grew more than first thought in the first quarter.
Quanex makes increased final offer for Tyman
Quanex Building Products has announced a revised and final proposal for its acquisition of Tyman, increasing the cash component of the deal.
Private equity firm sells 5% stake in Auction Technology Group
Marketplace tech firm Auction Technology Group has announced that private equity firm TA Associates has offloaded a 5% shareholding through a share placing with institutional investors.
UK economy grows faster than first estimated in Q1
The UK economy grew faster than first thought in the first three months of the year, according to data released on Friday by the Office for National Statistics.
London pre-open: Stocks to rise as economy grows faster than expected
London stocks were set to rise at the open on Friday as investors mulled better-than-expected UK GDP data.
Judges Scientific snaps up geological analysis firm Rockwash
Scientific instruments group Judges Scientific has spent £2. 25m on the purchase of Wales-based Rockwash Geodata, a specialist in rock cuttings and chippings digitalisation.
Judges Scientific buys Rockwash Geodata, Quanex makes final offer for Tyman
London open The FTSE 100 is expected to open 29 points higher on Friday, having closed down 0. 55% on Thursday at 8,179. 68.
Friday newspaper round-up: Port Talbot, Elon Musk, Amazon
Tata Steel has told workers it could to cease operations at its steel plant in Port Talbot months earlier than planned because of a strike. The company had been planning to shut down one of the blast furnaces by the end of June and the second one by September. But workers at the south Wales site have been told that Tata plans to cease operations at both furnaces no later than 7 July because of the strike by members of Unite, which starts the following day. – Guardian.