Market Pulse
Labour market to tighten in coming months, BoE´s Shafik says
The labour market will start to tighten in coming months, a top Bank of England official said on Friday.
China securities regulator to lift ban on IPOs
China’s securities regulator will lift the suspension on initial public offerings that has been in place since July by the end of this year, after it “improves” relevant policies.
UK hiring continued to pick up in October, REC says
Hiring continued to pick up in October, with permanent and temporary staff placements growing at their quickest pace in four and three months, respectively, according to the Recruitement and Employment Confederation.
Macromac looks to cancel AIM listing
Macromac said on Friday that it is seeking shareholder approval to cancel the trading of its shares on AIM.
Perpetual names former HMV chief executive as non-exec director
Alan Giles has been appointed as non-executive director of Perpetual Income and Growth Investment Trust, the investment group said on Friday.
UK trade balance narrows in September
The UK trade deficit narrowed in September, figures released on Friday showed.
Synthomer's third quarter progress fails to impress as latex outlook blurs
Synthomer confirmed strong progress across most of the chemicals group's operations in the third-quarter, although the market's reaction seemed to focus on weakness in its paper business and an uncertain latex outlook.
Acal buys Danish magnetic components maker for GBP3.7m
Acal has acquired Danish customised magnetic components designer and manufacturer Flux AS for £3. 7m in cash as it looks to create a higher margin business.
Restrictions cause issues for Sharm al-Sheikh rescue flights
British tourists will begin travelling home from Sharm al-Sheikh on Friday as the UK resumes flights from the Egyptian resort, however the plan is causing issues for some airlines.
Metrojet flight 9268 was brought down by a bomb, investigators believe - BBC
British investigators, looking into the cause of the crash of Russian airline Metrojet´s flight 9268 over the Egyptian Sinai peninsula on 31 October, believe a bomb was placed in the hold before take-off, the BBC reports.
Reach4Entertainment makes amendment to debt facility with AIB
Reach4Entertainment Enterprises has proposed amendments to restructure its existing £14. 8m loan facility with AIB Group.
UK industrial production slows down in September, manufacturing surges ahead
Industrial production in the UK grew less than expected in September, data released on Friday showed.
Scottish Mortgage Investment Trust posts drop in earnings
Scottish Mortgage Investment Trust has posted a 24. 1% drop in earnings per share in its interim results, and warns the trend is expected to continue.
3i Infrastructure pleased with total NAV return, appoints new chairman
Investment group 3i Infrastructure said its total return on asset value in the first half was broadly in line with expectations.
McCarthy & Stone prices IPO at 180p per share
McCarthy & Stone has priced its listing on the London Stock Exchange at 180p per share, giving the business a market capitalisation of £967m.
London open: All eyes trained on October US jobs report
Investors stuck to the sidelines ahead of what some analysts believed would be a make-or-break jobs report for market expectations of a rate hike by the US central bank in December.
Tullett tumbles as it unveils staff cuts
Shares in Tullett Prebon tumbled almost 10% early on Friday, after the interdealer broker said it will take a charge in its full-year accounts after cutting front office brokers by 5%.
Europe open: Stocks edge lower ahead of non-farm payrolls report
European stocks edged lower in early trade as investors digested some disappointing German data and adopted a cautious stance ahead of the eagerly-awaited non-farm payrolls report.
TalkTalk says cyber attack affected 4% of customers
TalkTalk said on Friday that the cyber attack it suffered in October was a lot smaller than it originally suspected.
IAG upgrades long term targets and reshuffles BA boardroom
International Airlines Group has upgraded its long term profit margin, earnings and return-on-invested-capital guidance, along with several boardroom changes at British Airways.