Full List Of Stories
BT rallies as private equity firms said to consider takeover
BT shares rallied on Wednesday following a report that its executives are working with advisers to defend against potential takeovers and approaches from activists following a slump in the share price.
FTSE 100 movers: BT rallies; travel stocks hit
London’s FTSE 100 was up 1. 7% at 6,028. 96 in afternoon trade on Wednesday.
Wincanton FY results to beat market expectations
Logistics group Wincanton said on Wednesday that full-year results are set to beat market expectations thanks to an improved trading performance and cost intervention measures.
Petra Diamonds hit by accusations of human rights breaches
Petra Diamonds said on Wednesday that UK-based law firm Leigh Day has filed claims against it alleging human rights breaches at its 75%-owned Williamson mine in Tanzania.
London midday: Stocks maintain gains despite weakness in travel sector
London stocks were still firmly in the black by midday on Wednesday despite disappointing news on the Covid vaccine front, helped along by a weaker pound.
Tullow Oil swings to first-half loss
Tullow Oil said on Wednesday that it swung to a loss in the first half as it took a hit from low oil prices, impairments and write-offs.
Oxford Biomedica slumps as AstraZeneca vaccine trial halted
Oxford Biomedica shares slid on Wednesday on news that AstraZeneca and Oxford University's Covid-19 vaccine trial has been put on hold, as investors fretted over how this might affect the gene and cell therapy company’s supply deal with the UK pharmaceuticals giant.
Quiz sales slide 77% due to Covid-19
Fast-fashion retailer Quiz posted a 77% slump in sales on Wednesday as it took a hit from the Covid-19 pandemic, and announced the closure of some stores.
London open: Stocks rise on sterling weakness despite vaccine news
London stocks rose in early trade on Wednesday despite a tech-led selloff on Wall Street and some disappointing Covid-19 vaccines news, helped along by a weaker pound.
London pre-open: Stocks seen lower after US selloff
London stocks were set to fall at the open on Wednesday following a tech-led selloff on Wall Street.
Wednesday newspaper round-up: Amazon, Iceland, Lloyds Bank
Amazon’s key UK business paid just 3% more tax last year when profits rose by more than a third as the online retailer benefited from the switch to home shopping. The group’s warehouse and logistics operation, which employs more than two-thirds of its 30,000-plus UK workforce, Amazon UK Services, said its corporation tax contribution was £14. 46m in 2019, up from £14. 03m the year before. Pretax profits at the division soared 35% to nearly £102m as revenues rose by 29% to nearly £3bn, according to accounts about to be published by Companies House.