Full List Of Stories
FTSE 250 movers: B&M European Value rallies; John Laing slumps
London’s FTSE 250 was up 0. 6% at 17,215. 25 in afternoon trade on Wednesday.
Ryanair pilots accept 20% pay cut to save jobs
Ryanair pilots have accepted a temporary 20% pay cut to avoid job losses, Balpa said on Wednesday.
Helios Towers appoints Tom Greenwood as COO
Telecom tower infrastructure company Helios Towers has appointed chief financial officer Tom Greenwood to the newly-created role of chief operating officer.
FTSE 100 movers: Smith & Nephew rallies; Hargreaves Lansdown hit by downgrade
London’s FTSE 100 was up 0. 2% at 6,181. 01 in afternoon trade on Wednesday.
Schroders to buy majority stake in real estate investment manager Pamfleet
Schroders has agreed to buy a majority stake in Asian real estate investment manager Pamfleet.
UK manufacturing sector stabilises in June
The UK manufacturing sector stabilised in June following a steep downturn sparked by the coronavirus pandemic, according to data released on Wednesday.
Spire Healthcare to pay £1.2m fine for ophthalmology price fixing
Private hospital operator Spire Healthcare has been fined £1. 2m by the Competition and Markets Authority after admitting that it had facilitated an illegal arrangement with consultant ophthalmologists at one of its hospitals who fixed fees for private consultations.
British Land says 64% of its England stores now open
Real estate company British Land said on Wednesday that 64% of its stores in England are now open, with like-for-like retail sales in the week beginning 14 June 91% of the same week last year.
Downturn in eurozone manufacturing sector eases in June
The downturn in the eurozone manufacturing sector continued to ease in June, according to a survey released on Wednesday.
Topps Tiles sales beat expectations as stores re-open
Topps Tiles said on Wednesday that trading was ahead of its expectations as stores re-opened after the coronavirus lockdown.
Babcock appoints former Cobham boss David Lockwood as CEO
Aerospace and defence company Babcock International has appointed David Lockwood - the former chief executive officer of Cobham - as its new CEO.
London open: Stocks little changed ahead of manufacturing data
London stocks were little changed in early trade on Wednesday amid ongoing concerns about the coronavirus pandemic, as investors eyed the latest reading on the UK manufacturing sector.
UK house prices fall in June for first time since 2012 - Nationwide
UK house prices fell in June for the first time since 2012 as the coronavirus pandemic took its toll, according to a survey released by Nationwide on Wednesday.
Meggitt sells US subsidiary for $146m
Meggitt has sold its US subsidiary, Meggitt Training Systems, to US private investment firm Pine Island Capital Partners for $146m in cash.
'Strong' UK performance underpins Q1 at B&M European Value Retail
B&M European Value Retail hailed a "strong" first quarter on Wednesday, with a particularly pleasing performance in the UK.
London pre-open: Stocks to edge higher ahead of manufacturing PMI
London stocks were set to edge a touch higher at the open on Wednesday, with ongoing concerns about the coronavirus pandemic capping gains, as investors eyed the latest reading on the UK manufacturing sector.
Wednesday newspaper round-up: Tesla, TM Lewin, Wirecard
Britain and Brussels have each accused the other of holding up a decision on the City of London’s ability to do business in EU markets from next year, prolonging the financial services’ state of uncertainty about the future. Both parties had agreed to complete assessments of the other’s regulatory regimes for financial services by Tuesday 30 June, with the expectation that they would deemed “equivalent”, allowing business to continue in the new year. - Guardian.
Airbus to slash thousands of jobs due to pandemic
Plane maker Airbus has announced plans to slash thousands of jobs as it looks to weather the Covid-19 crisis.
Upper Crust owner SSP to announce thousands of job cuts - report
Upper Crust owner SSP will reportedly announce plans to cut thousands of jobs on Wednesday as it looks to deal with the fallout from the coronavirus pandemic.