Headline News
Rishi Sunak announces 4 July general election
Prime minister Rishi Sunak announced on Wednesday that a general election will be held on 4 July, following a day of intense speculation in Westminster.
US existing home sales dip in April
Sales of second-hand homes in the US dipped by slightly more than expected last month.
Anglo American rejects third and final takeover proposal from BHP
Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia’s BHP which values the miner at £38. 6bn.
Cinven not planning to make an offer for Alpha Financial
Alpha Financial Markets tumbled on Wednesday as it said private equity firm Cinven is not planning to make an offer for the financial services company.
Anglo investor calls for 'meaningful' changes to BHP bid
A leading shareholder in Anglo American said on Wednesday that BHP Group’s blockbuster £34bn takeover offer required "meaningful revision".
China hints at tariff hikes for large car imports
China could raise import tariffs on large combustion engine cars, it was reported on Wednesday, weighing on the share price of European auto makers.
UK house prices push higher
House prices edged higher in March, government data showed on Wednesday, as the UK market continued to recover.
Public sector borrowing jumps in April - ONS
Public borrowing soared by more than expected in April, official data showed on Wednesday, on the back of lower National Insurance receipts.
Raspberry Pi confirms London IPO
Computer maker Raspberry Pi confirmed on Wednesday that it plans to float on the London Stock Exchange, likely in June.
Ofcom fines BT £2.8m for knowingly breaching contract info rules
Ofcom announced on Wednesday that it has fined BT Group £2. 8m, for failing to provide more than one million customers with clear and essential contract information before signing up for services with its subsidiaries EE and Plusnet.
Coats Group returns to revenue growth
Industrial thread and footwear component manufacturer Coats Group reported a return to revenue growth for the period from 1 January to 30 April on Wednesday.
Close Brothers warns of higher full-year costs
Close Brothers Group reported a steady performance across its divisions in the third quarter on Wednesday, but warned of higher costs for the rest of the financial year.
HICL Infrastructure maintains dividend in tough market
HICL Infrastructure reported a challenging but resilient performance in a difficult macroeconomic environment in its annual results on Wednesday, as income fell to £105. 4m from £254. 2m year-on-year.
4Imprint starts year strongly, announces CFO retirement
Promotional products specialist 4imprint Group reported a strong operational and financial performance for the early part of 2024 on Wednesday, while also announcing the retirement of its chief financial officer.
UK consumer price inflation falls to 2.3% in April
Consumer price inflation fell less than expected in April, according to figures released on Wednesday by the Office for National Statistics, dashing hopes of a summer rate cut.
Playtech confident despite recent betting challenges
Playtech reported a solid start to the year across its divisions in an update on Wednesday, despite some challenges around sports results.
IntegraFin reports record levels of funds under direction
Investment platform operator IntegraFin reported a strong financial and operational first half on Wednesday, with a record high level of funds under direction (FUD) on its Transact platform of £61bn on 31 March.
British Land reports robust second-half rental growth
British Land reported robust second-half rental growth and stable property values in its final results on Wednesday, as its underlying profit rose 2% to £268m, while underlying earnings per share increased 1% to 28. 5p.
Mitchells & Butlers sees FY results at top end of expectations
Pub group Mitchells & Butlers said on Wednesday that its full-year results were set to be at the top end of consensus expectations as it reported a rise in first-half profit.
SSE reports 'strong' full-year earnings performance
SSE reported a “strong performance” in its preliminary results for the year on Wednesday, with earnings per share coming in at the top end of guidance despite profits slipping.