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London’s FTSE 250 was up 1% at 21,743. 24 in afternoon trade on Thursday.
London’s FTSE 100 was up 0. 3% at 6,733. 45 in afternoon trade on Thursday amid quiet trade ahead of the Easter weekend.
UK manufacturing growth hit a 10-year high in March thanks to the swift vaccine rollout and the planned easing of lockdown restrictions, according to a survey released on Thursday.
London stocks were still in the black by midday on Thursday, with sentiment underpinned by US President Joe Biden’s $2trn infrastructure plan, a profit upgrade from Next and encouraging manufacturing data.
London stocks rose in early trade on Thursday, with a profit upgrade from Next and US President Joe Biden’s $2trn infrastructure plan helping to underpin sentiment, amid rising Covid cases and tighter restrictions in Europe.
Airtel Africa said on Thursday that Mastercard will invest $100m in its mobile money business, Airtel Mobile Commerce.
Quilter has agreed to sell its international business to life assurance company Utmost for around £483m as it looks to simplify the group and focus on its higher growth UK wealth management business.
London stocks were set to edge up at the open on Thursday ahead of the long Easter weekend, as investors eyed the latest reading on the UK manufacturing sector.
The boss of gambling website Bet365, Denise Coates, was paid nearly half a billion pounds in salary and dividends last year, as the latest in a string of record-breaking awards took her total pay since 2016 to nearly £1. 3bn. After an unusual delay in filing its accounts at Companies House, Bet365 revealed that its highest-paid director, understood to be Coates as chief executive, received £421m – or £48,000 every hour of every day throughout the 12-month period.