Headline News
UK house prices unchanged in June - Rics
UK house prices were unchanged in June, a closely-watched survey showed on Thursday, but optimism sparked across the sector following the general election.
Crest Nicholson poised to back £720m Bellway bid
Crest Nicholson said on Wednesday that it was "minded" to recommend Bellway’s revised £720m takeover offer, pushing shares in the housebuilder higher.
BoE’s Huw Pill concerned by persistence of inflation
Bank of England chief economist Huw Pill expressed concerns on Wednesday about the persistence of inflation in the UK.
Honeywell to buy Air Products’ LNG business for $1.81bn
Honeywell said on Wednesday that it has agreed to buy Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1. 81bn in cash.
HSBC set to reorganise investment banking division
HSBC is reorganising its investment banking division to mirror the structure of competitors like Citigroup, according to fresh reports on Wednesday.
3M CFO Monish Patolawala resigns
3M said on Wednesday that president and chief financial officer Monish Patolawala has resigned with effect from 31 July to pursue another opportunity.
SSP shares surge as Q3 sales rise on strong travel recovery
Shares in SSP Group surged by 11% on Wednesday as the airport and train station food outlet operator held annual guidance after third quarter sales rose 16%, driven by increasing demand for leisure travel.
Barratt flags slowdown in completions, shares soften
Barratt Developments warned on Wednesday that completions would be up to 7% lower in the current year, hit by higher mortgage costs.
Travis Perkins appoints new chief executive, chair
Travis Perkins announced the appointment of Pete Redfern as its new chief executive officer on Wednesday, and Geoff Drabble as chair designate, in two big changes to its leadership team.
Liontrust upbeat despite fall in assets
Liontrust Asset Management reported a fall in assets on Wednesday, but insisted it was "well placed" to benefit from an improving environment.