Market Pulse
CAA launches enforcement action over Ryanair strike compensation
The UK Civil Aviation Authority has started enforcement action against Ryanair, it announced on Wednesday, following the airline's decision that financial compensation was not payable for flight disruption resulting from industrial action by the airline's staff this summer.
Joules H1 revenues rise, 'hard' Brexit contingency plans revealed
Joules bucked the retail gloom on Wednesday as it posted a jump in first-half revenue and said contingency plans have been put in place to mitigate the effects of a potential 'hard' Brexit.
Witan Investment Trust begins search for next chairman
Witan Investment Trust updated the market on its succession planning on Wednesday, reporting that chairman Harry Henderson intended to retire from the board at the annual general meeting in 2020.
Stagecoach swings to loss but still beats expectations
Stagecoach Group issued its interim results for the half-year ended 27 October on Wednesday, reporting a fall in revenue to £1. 23bn from a restated £1. 79bn a year earlier.
Civitas Social assures Westmoreland won't hit NAV
Civitas Social Housing has assured that the recent declaration that one of its main tenants has been declared non-compliant by the social housing regulator is "unlikely" to be detrimental to the company's net asset value.
London pre-open: Stocks to drop amid Brexit worries
London stocks were set for a weaker open on Wednesday, tracking losses in the US and Asia amid worries about trade relations between the US and China and concerns about Brexit.
US close: Markets lower on fears around trade, growth
Wall Street closed with heavy losses on Tuesday, after a session in which traders looked into the fine print of Monday's trade war ceasefire with China and digested a flattening yield curve in government debt.
Wednesday preview: Parliamentary debate on Withdrawal, Chancellor in focus
All eyes on Wednesday will continue to be on the parliamentary debate around the Withdrawal Agreement recently negotiated by the Prime Minister with Brussels.