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Friday preview: US PCE inflation, UK GDP in focus
The market spotlight at the end of the week will be on the release of a reading on the Federal Reserve's preferred inflation gauge.

Europe close: Stocks mostly down but off lows after US car tariffs
European shares finished mostly in the red on Thursday, but managed to erase a good part of the losses incurred following US President Donald Trump's decision overnight to hit all car and related parts imports with 25% tariffs from April 2.

Broker tips: Microlise, Close Brothers
Analysts at Canaccord Genuity initiated coverage on transportation and logistics industry software provider Microlise at 'buy' on Thursday, stating the group was "ready to hit the accelerator".

London close: Stocks lower on Trump's latest tariff surprise
London stocks ended lower on Thursday as investor sentiment weakened following a surprise announcement by Donald Trump of a new 25% tariff on all imported cars and car parts.

US pending home sales grow a tad more quickly than expected in February
The growth in the number of home sales signed in the US continued to be subdued last month.

Director dealings: Roadside Real Estate chairman raises stake
Roadside Real Estate revealed on Thursday that executive chairman Charles Dickson had acquired 2. 70m ordinary shares in the AIM-listed real estate investment trust.

KBW reiterates 'outperform' rating on Close Brothers
Analysts at Keefe, Bruyette & Woods reiterated their 'outperform' rating and 430. 0p target price on merchant banker Close Brothers on Thursday after chief executive Mike Morgan delivered "an excellent presentation" to its sales force.

Trump slaps 25% tariffs on car, parts imports as trade war escalates
US President Donald Trump escalated his global trade war overnight, announcing plans to impose swingeing 25% tariffs on all vehicle imports and parts only days before levies on other goods take effect.
British Steel to close Scunthorpe furnaces
Thousands of jobs were put at risk on Thursday, after British Steel announced plans to shut two blast furnaces at its Scunthorpe plant, just days after rejecting a £500m government lifeline.

US open: Stocks mixed as investors weigh auto tariffs
Wall Street stocks were mixed early on Thursday amid ongoing concerns surrounding Donald Trump's tariff war and news that America's gross domestic product had risen slightly more than expected in Q4.

Montagu Private Equity considering bid for Advanced Medical Solutions
Advanced Medical Solutions confirmed in a regulatory update on Thursday that Montagu Private Equity was considering a possible offer for the company, following recent press speculation.
FTSE 250 movers: Close Bros surges on KBW note; Tariff woes hit Aston Martin
FTSE 250 (MCX) 19,906. 24 -0. 66% .

WH Smith set to pick buyer of high street chain - report
WH Smith will reportedly decide the fate of its high street chain within days, as it holds final discussions with the two remaining bidders for the business.

US initial jobless claims drop by 1,000
Americans lined up for unemployment benefits at only a slightly decelerated pace in the week ended 22 March, according to the Department of Labor.

Ofcom fines OnlyFans owner more than £1m
The owner of OnlyFans has been fined more than £1m after it supplied Ofcom inaccurate data, it was confirmed on Thursday.

US pre-open: Futures mixed ahead of Q4 GDP numbers
Wall Street futures were mixed ahead of the bell on Thursday amid ongoing concerns surrounding Donald Trump's tariff war.
Europe midday: Stoxx pares losses, but Trump auto tariffs slam auto shares
European shares pared losses slightly on Thursday but were still reeling from US President Donald Trump's decision to hit all car and related parts imports with 25% tariffs from April 2.

Europe open: Auto stocks battered as Trump imposes 25% tariffs
European shares slumped at the open on Thursday as US President Donald Trump said he would hit all car and related parts imports with 25% tariffs from April 2.

London midday: FTSE stays down as Trump auto tariffs rattle markets
London stocks were still in the red by midday on Thursday, with sentiment hit after Donald Trump announced a new 25% tariff on all imported cars and car parts.