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Economic activity in the Chicago area improved more than expected in March, according to data released on Wednesday.
Fuller, Smith & Turner announced on Wednesday that it was looking to raise around £53m in a share placing to help with the reopening of its pubs in April, as it said full-year revenues are expected to be down 80% on the year.
London’s FTSE 250 was flat as a pancake in afternoon trade on Wednesday, at 21,575. 02.
London’s FTSE 100 was down 0. 4% at 6,748. 07 in afternoon trade on Wednesday.
London stocks were still a little weaker by midday on Wednesday, with little in the way of corporate news to drive markets, as investors mulled the latest UK GDP reading.
Hitachi has agreed to buy US digital engineering services company GlobalLogic in a $9. 6bn deal.
Tile specialist Topps Tiles reported a decline in first-half revenues on Wednesday but said it expects to see a "sharp" increase in sales as Covid-related restrictions ease from April.
The UK economy grew a little more than initially estimated in the final quarter of last year but the performance for 2020 as a whole was still the worst on record amid the pandemic, according to figures released on Wednesday by the Office for National Statistics.
London stocks edged lower in early trade on Wednesday following a negative session on Wall Street, as investors mulled the latest UK GDP reading.
UK house prices unexpectedly dipped in March ahead of the original deadline for the stamp duty holiday, according to a survey released on Wednesday by Nationwide.
London stocks were set to nudge down at the open on Wednesday following a negative session on Wall Street.
When Boris Johnson announced the first stay-at-home order, effectively shutting down whole sections of the economy, it was hoped the tide could be turned within 12 weeks. As many months later, lockdown measures are being relaxed for a third time and Britain still faces a lengthy road to recovery from the worst recession for 300 years. As restrictions ease, the chief economist at the Bank of England, Andy Haldane, warned that despite the reopening of the economy, the risk of a “jobs equivalent of long Covid” remains for workers across the country.