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3i Group on track after strong Q3 from Action
Private equity and infrastructure investor 3i Group said it is on track to deliver strong full-year results after a solid third quarter, driven by ongoing growth in flagship portfolio company Action.
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London pre-open: Stocks seen down ahead of ECB announcement
London stocks were set to fall at the open on Thursday following a downbeat close on Wall Street, after the Federal Reserve stood pat on interest rates, and ahead of the latest policy announcement from the European Central Bank.
Sage makes strong start to year, Airtel reports customer growth but narrower earnings
London open The FTSE 100 is expected to open five points higher on Thursday, having closed up 0. 28% on Thursday at 8,557. 81.
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Thursday newspaper round-up: Car production, UK retailers, water bills, KPMG
The architect of a ban on newspaper takeovers by foreign states has demanded that an Abu Dhabi fund be forced to sell The Telegraph by Easter. Baroness Stowell, the Conservative chairman of the Lords communications and digital committee, said the Government should impose an ultimatum on RedBird IMI. It should be backed by the threat of regulatory action, she said, to strip the fund of control of what has been dubbed “the newspaper auction from hell”. – Telegraph.
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Sage reiterates guidance after solid growth in Q1
Corporate software group Sage said it has made a strong start its new financial year with revenues rising by a tenth in the first quarter, as all regions delivered solid growth.