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David Crosby has become the latest major artist to sell his music and catalogue, as he blamed the inability to perform live during the Covid-19 pandemic.
UK Finance Minister Rishi Sunak’s plans to bring the budget into surplus through tax increases and spending cuts are undeliverable, an influential thinktank said on Thursday.
European shares extended losses on Thursday as worries over rising bond yields dampened investor sentiment.
Pest control outfit Rentokil reported higher annual profits and resumed dividend payments driven by a strong performance demand for hygiene products during the coronavirus pandemic.
European shares turned negative at the opening on Thursday after US bond yields started rising again, sending Wall Street and Asia lower overnight.
Coats reinstated its dividend despite a halving of annual profits as the industrial thread maker reported a recovery in trading in recent months.
Ladbrokes owner Entain pulled its dividend despite a rise in annual profits, citing Covid-19 uncertainties.
Housebuilder Vistry said it expected 2021 profits to more than double as the economy emerged from the Covid-19 pandemic boosted further by the extension of relief measures announced in the UK Budget on Wednesday.
UK Finance Minister Rishi Sunak on Wednesday unveiled tax rises for businesses and employees as he sought to claw back some of the billions spent on mitigating the impact of the Covid-19 pandemic.
Brexit disruption at the start of the year will reduce British productivity by 4% over the longer term and hit first quarter GDP by 0. 5%, the Office for Budgetary Responsibility said on Wednesday.
Economic growth forecasts for this year were cut to 4%, reflecting the impact of the latest national Covid-19 lockdown as Finance Minister Rishi Sunak unveiled his budgetary plan for the UK's recovery from the pandemic.
European shares maintained gains at midday on Wednesday as investors eyed new budget measures from the UK to help power the post Covid-19 pandemic recovery and shrugged off a survey that suggested the eurozone was headed for a double-dip recession.
European shares continued their rally on Wednesday as London’s FTSE outperformed on hopes of stimulus measures to be unveiled in a new budget.
The publisher of the Daily Mail said it had bought the weekly science and technology magazine New Scientist for £70m in cash.
Advertising company WPP said it had bought retail commerce services group NN4M for an undisclosed sum.
Packaging company DS Smith said trading was in line with expectations as higher box volumes were offset by a rise in input costs.
Insurer Hiscox swung to a full-year loss driven by the impact of the Covid-19 pandemic and pulled its final dividend as it was hit by higher business claims after losing a court case over policy wordings last in January.
European shares pushed ahead at midday after a cautious start to Tuesday’s session as inflation in the eurozone held steady in February.
Gambling group Flutter Entertainment reported a sharp fall in full-year profits but had started the new year with strong momentum and higher driven by US betting.
Germany-focused business park owner Sirius Real Estate said it had bought a property near Stuttgart for €9. 2m.