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London open: Stocks fall as UK growth slows
London stocks fell in early trade on Friday as data showed that economic growth in the UK unexpectedly slowed in the third quarter.
Volex makes two rejected bids for TT Electronics
Volex announced on Friday that it has submitted two proposals to acquire the London-listed TT Electronics in a cash-and-shares deal, valuing it at around £249m.
Convatec disappointed as InnovaMatrix excluded from Medicare coverage
Medical products group Convatec has expressed disappointment with a ruling which excludes its InnovaMatrix product from Medicare coverage in the US, but says it is confident of securing coverage in the future.
Land Securities swings to profit on growing demand; Lifts EPS guidance
Land Securities returned to profit and lifted guidance in the six months to September as the property market continued to recover, underpinned by growing rental demand and occupancy.
MJ Gleeson sees FY in line despite ‘lack of conviction’ in market
Housebuilder MJ Gleeson said on Friday that it remains on track for full-year results in line with market expectations despite a "lack of conviction" in the market, which continued through the Autumn.
London pre-open: Stocks seen lower on weak US cues; GDP in focus
London stocks were set to fall at the open on Friday following a downbeat session on Wall Street, as investors mulled the latest UK GDP data.
Land Securities returns to profit, Volex makes two bids for TT Electronics
London open The FTSE 100 is expected to open 33 points lower on Friday, having closed up 0. 51% on Thursday at 8,071. 19.
Friday newspaper round-up: London Capital & Finance, airlines, Resolute Mining
Investment firm London Capital & Finance (LCF), whose failure in 2019 triggered one of Britain’s biggest retail investment scandals, operated as a Ponzi scheme, a London judge ruled on Thursday. The high court said former chief executive Michael Thomson and four others had knowingly participated in the fraud, misled investors and misappropriated assets in a ruling welcomed by LCF’s joint administrators, which brought the case. – Guardian.