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Europe open: Stoxx up as investors eye UK election
European shares opened higher as investors bet on a September rate cut in the US and also looked ahead to the UK General Election, widely expected to see the ruling Conservatives kicked out of office after 14 years in power.
German May factory orders in shock fall
German factory orders posted a shock fall in May, highlighting the troubles faced by Europe’s manufacturing sector.
London open: FTSE gains as Brits head to the polls
London stocks rose in early trade on Thursday as Brits headed to the polls amid expectations the Labour party will be voted into power for the first time in 14 years.
Victrex Q3 revenues tick higher but Medical still hit by destocking
Polymer maker Victrex reported volume and revenue growth for the third quarter on Thursday, but cautioned over difficult trading at its medical segment.
Gresham House Energy Storage Fund hits 1GWh milestone after project upgrades
Battery energy storage systems investment fund Gresham House Energy Storage Fund (GHESF) has announced that it has passed the one-gigawatt hours (GWh) milestone with both its Enderby and West Didsbury projects now trading at increased capacity.
Assura makes solid start with rents stable
Healthcare property investor Assura said it delivered on its strategic objectives in its first quarter, with rents stable over the three months to 30 June.
London pre-open: Stocks to edge up as Brits head to the polls
London stocks were set to edge up at the open on Thursday as Brits headed to the polls amid expectations the Labour party will be voted into power for the first time in 14 years.
Spectris buying US-based SciAps, GPE reports solid quarter for leasing
London open The FTSE 100 is expected to open 16 points higher on Thursday, having closed up 0. 61% on Wednesday at 8,171. 12.
Thursday newspaper round-up: Post Office, Amazon, UK stocks
The former chair of the Post Office has expressed “sincere regret” for the state-owned body’s failings in the Horizon IT scandal and said it was a mistake not to show a key report on the problem to its board. Tim Parker, who was chair of the Post Office between 2015 and 2022, told a judge-led public inquiry that he felt “deep sympathy” for the Post Office operatives affected by what MPs have described as one of the biggest miscarriages of justice in UK history.
Spectris buys US-based SciAps for up to $260m
UK precision instrument maker Spectris on Thursday said it was buying US-based SciAps for up to $260m (£205m).
Sector movers: Miners gain on investors' hopes for Fed rate cuts
Miners and Utilities paced gains on the stock market in the middle of the week after the release of a flurry of weaker-than-expected economic data Stateside fanned hopes for a decline in interest rates.