Market Pulse
Dart Group launches new Jet2 base in Birmingham
Dart Group’s low cost airline subsidiary Jet2 started accepting bookings for its eighth UK base at Birmingham Airport on Thursday, and said the addition would bring 200 jobs to the city.
US pre-open: Stock futures fall ahead of jobs data
US stock futures fell on Thursday as Brexit jitters continued to weigh and as investors awaited jobs data.
WPP to place greater emphasis on western continental Europe post Brexit
Advertising giant WPP said the UK's vote to quit the European Union will see the company place a great emphasis on western continental Europe.
Amazon reaffirms UK commitment, will still build data centres
Web giant Amazon reaffirmed its commitment to the UK on Thursday, saying it will plough ahead with plans to build new data centres in the country despite the vote to leave the European Union.
Just Eat rolling out delivery robots in London
Another line of work could soon be displaced by robots, with Just Eat preparing to roll out self-driving delivery vehicles in London.
Committee for Climate Change gives a tentative thumbs-up to fracking
Fracking was given the cautious go-ahead by the government’s climate change advisors this week, with the Committee on Climate Change setting out three caveats for its approval.
PepsiCo reports better quarterly revenue than expected
PepsiCo Inc. recorded a revenue that was higher than analysts had originally estimated in the US, as its full-year forecast on sales of snacks and soft drinks helped to paper over weak results internationally.
New Kent lorry park could spell end of Operation Stack
The days of lorries being parked along motorways in south east England could be numbered, with the £250m lorry park to be built near the M20 in Kent.
Europe midday: Stocks rise on oil price recovery, dovish Fed minutes
European stocks rallied on Thursday as oil prices recovered and the Federal Reserve’s meeting minutes signalled an interest rate hike is a long way off.
London midday: Bounce in real estate and housebuilding stocks lifts FTSE
Share prices remained buoyant in London by midday on Thursday as housing and property companies delivered a surprise bounce from house price data and growing expectations of a Bank of England interest rate cut.
UK house prices rise but underlying growth may be slowing, Halifax says
UK house prices growth surprisingly accelerated to 1. 3% in June versus the previous month, according to data from Halifax, though it cautioned that the underlying pace of house growth "may be easing".
Cyber security firm NCC raises concerns about Brexit as FY revenues rise
Cyber security and risk mitigation consultant NCC’s full year revenues grew as they joined the FTSE 250 index but it also raised concerns about cyber security in light of Brexit.
UK industrial output beats forecasts for May, ONS data shows
UK industrial production data for May was better than expected, official data showed on Thursday.
Asia report: Dovish Fed and Brexit jitters see markets end mixed
Markets in Asia finished mixed on Thursday, after a strong Wednesday in the US, a rise in oil prices and the release of dovish minutes from the Federal Reserve.
Europe open: Stocks gain after oil price rebound, cautious Fed minutes
European stocks gained on Thursday as oil prices rebounded and the Federal Reserve struck a cautious tone in its meeting minutes.
London open: FTSE on front foot as property and banks bounce
London stocks were lifted in early Thursday trading as shares were lifted after a positive US session lifted by a dovish Federal Reserve and rebounding oil prices.
Portfolio income down but investment activity high at 3i Infrastructure
Infrastructure investment company 3i Infrastructure updated the market on its performance in the quarter to 30 June on Thursday, with portfolio income down and investment activity high.
Great Portland Estates 'well-positioned' for Brexit
Great Portland Estates updated the market on its trading for the quarter to 30 June on Thursday, confirming it signed 10 new lettings during the period, generating annual rent of £3. 2m for the company.
Riverstone acquiring majority of Centennial Resource
Energy-focused private investment firm Riverstone Energy announced on Thursday that it has signed an agreement, along with other funds associated with Riverstone Holdings, to acquire a majority stake in Centennial Resource Development from NGP Energy Capital and other related funds.
Dunelm delivers steady year-end update despite homewares decline
A trading update from homewares retailer Dunelm showed steady growth for the year to 2 July, with pre-tax profit remaining on course to hit targets of around a £128-129m range.