Market Pulse
London open: Stocks rise as investors eye Powell speech
London stocks rose in early trade on Friday as investors eyed a speech by Federal Reserve chairman Jerome Powell at Jackson Hole.
Evoke expands Romanian operation with Winner.ro acquisition
William Hill owner Evoke announced the acquisition of New Gambling Solutions (NGS on Friday, which operates Winner. ro, Romania’s seventh-largest online betting and gaming platform.
Direct Line finds miscalculation in 2023 Solvency Capital Ratio
Direct Line Insurance Group announced a correction to its previously-reported Solvency Capital Ratio (SCR) for the year ending 2023 on Friday, after it identified a miscalculation.
Hiscox appoints interim chair after Bloomer dies in Bayesian sinking
Hiscox said on Friday that it had appointed senior independent director Colin Keogh as interim chair following the death of Jonathan Bloomer earlier in the week.
London pre-open: Stocks seen up ahead of Powell speech
London stocks were set to gain at the open on Friday as investors eyed a speech by Federal Reserve chairman Jerome Powell at Jackson Hole.
Friday newspaper round-up: Energy bills, listing rules, aircraft deliveries
Households will begin the run-up to winter with a sharp increase in their energy bills after the industry regulator increased its cap on energy prices by 9. 5% from October. Under the new price cap, the average annual energy bill will rise to £1,717 a year for gas and electricity, up £149 from its current level of £1,568, which has been in place since July. The price cap is set every quarter by Ofgem, the energy regulator for Great Britain, and imposes a maximum on how much suppliers can charge their 29 million household customers per unit of gas and electricity.