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Henry Boot subsidiary sells roughly 600 plots in the Midlands
Property developer Henry Boot's Hallam Land subsidiary has unconditionally exchanged contracts for the sale of roughly 600 plots in the Midlands, taking the firm's ungeared internal rate of return of 28% per annum.
UK consumer confidence ticks higher - GfK
UK consumer confidence nudged modestly higher in December, a long-running survey showed on Friday.
US close: Stocks slip as traders digest data ahead of Fed meeting
US stocks broadly declined on Thursday with the Nasdaq pulling back from a record high, as investors digested inflation and labour-market data ahead of the Federal Reserve's final policy meeting of the year next week.
Tullow Oil in preliminary talks over potential takeover by Kosmos
Tullow Oil confirmed on Thursday that it is in preliminary talks with Kosmos Energy about a possible all-share offer for the oil and gas exploration company.
Europe close: Stocks mostly flat after ECB and SNB cut interest rates
Most European equity indices finished flat on Thursday with markets rangebound after the European Central Bank moved as expected to lower interest rates.
UK energy firms must offer 'zero' standing charge tariffs - Ofgem
UK energy suppliers have been ordered to offer customers a zero standing charge tariff by next winter after intense criticism of the controversial fees.
Broker tips: Diageo, SThree
Diageo fizzed higher on Thursday as UBS upgraded the shares to ‘buy’ from ‘sell and hiked the price target to 2,920p from 2,300p, saying it sees upside risks to the US business.
London close: Stocks mixed after ECB rate cut
London stocks finished on a mixed note Thursday, as investors digested an interest rate cut from the European Central Bank, as Diageo held onto gains through the close.
Director dealings: Ashtead CEO snaps up shares
Ashtead revealed on Thursday that chief executive officer Brendan Horgan had acquired 4,000 ordinary shares in the FTSE 100-listed industrial equipment rental firm.
Structural changes needed in Germany if economy is to recover, says Ifo
The Germany economy has been "treading water" for the past five years, according to the research firm the Ifo Institute, which predicted a contraction in GDP in 2024, followed by minimal growth over the next two years.
FTSE 100 movers: Utilities boosted by broker notes
London’s FTSE 100 was up 0. 1% at 8,308. 72 in afternoon trade on Thursday.
US open: Stocks lower following PPI reading
Wall Street stocks were in the red on Thursday as traders digested this week's second key inflation reading.
Helix confirms helium discovery at Rudyard Project
Helix Exploration confirmed a commercial helium discovery at its Darwin #1 well, part of the Rudyard Project within the Montana Helium Fairway, on Thursday.
Friday preview: UK GDP, consumer confidence in the spotlight
Investors' focus at the end of the week will be on a reading for UK gross domestic product covering the month of October.
US producer prices rise 0.4pc in November
The US producer price index rose 3% on an annualised basis and 0. 4% month-on-month in November, according to the Bureau of Labor Statistics, stronger than expectations.
Orcadian strikes farm-out deal for Earlham and Orwell
Orcadian Energy announced a farm-out agreement for a 50% stake in its Earlham and Orwell gas projects to the Marine Low Carbon Power Company (MLCP) on Thursday.
Make UK appoints Lord Harrington as new chair
Make UK said on Thursday that it has appointed Lord Richard Harrington as its new chair, succeeding Lord Hutton, who has chaired the manufacturers’ organisation since 2022.
US jobless claims unexpectedly rise to 242,000
Americans lined up for unemployment benefits at an accelerated pace in the week ended 7 December, according to the Department of Labor.
ECB cuts rates by 25 basis points, as expected
The European Central Bank cut interest rates on Thursday by 25 basis points, as expected, to 3%.