Full List Of Stories
FTSE 250 movers: UDG surges on takeover news; Just Eat tumbles
London’s FTSE 250 was flat at 22,175. 65 in afternoon trade on Wednesday.
FTSE 100 movers: Diageo rallies after update; Flutter in the red
London’s FTSE 100 was up 1% at 7,015. 26 in afternoon trade on Wednesday, following heavy losses a day earlier.
UDG Healthcare to be taken over by US PE firm in £2.6bn deal
UDG Healthcare said on Wednesday that it has agreed to be bought by private equity firm Clayton, Dubilier & Rice in a £2. 6bn deal, as it reported a "strong" first half.
London midday: Stocks gain after UK GDP figures; US inflation in focus
London stocks were higher by midday on Wednesday following heavy losses in the previous session, as investors mulled UK GDP data and looked ahead to the latest US inflation numbers.
European Commission upgrades growth forecasts
The European Commission upgraded its forecasts for growth on Wednesday, citing fiscal support, progress in the Covid-19 vaccination programme and easing restrictions.
Aveva to sell three businesses to Schneider Electric for £2.6m
Aveva said on Wednesday that it has agreed to sell three businesses to Schneider Electric for £2. 6m.
Marshalls lifts FY expectations amid strong demand
Marshalls said on Wednesday that trading for the full year was set to be ahead of its previous expectations amid increased demand.
TP Icap revenues drop against tough comparatives
Interdealer broker TP Icap posted a decline in first-quarter revenues on Wednesday against a tough comparative period underpinned by market volatility.
London open: Stocks gain after UK GDP data; US inflation eyed
London stocks rose in early trade on Wednesday following heavy losses in the previous session, as investors mulled the latest UK GDP reading.
UK economy shrinks 1.5% in Q1 but bounces back in March
The UK economy contracted in the first quarter as Covid restrictions and the third lockdown weighed, but rebounded in March, according to figures released on Wednesday by the Office for National Statistics.
London pre-open: Stocks seen weaker as investors mull GDP
London stocks were set to fall again on Wednesday following the selloff in the previous session, as investors mull the latest UK GDP reading.
Wednesday newspaper round-up: Greensill, HS2, Just Eat Takeaway
David Cameron lobbied ministers and senior officials 56 times at the height of the pandemic in an increasingly desperate attempt to beg the government to support a controversial bank he worked for and owned a stake in. The scale of the former prime minister’s chummy lobbying – by text, WhatsApp, email and phone calls – on behalf of Greensill Capital was revealed by Parliament’s Treasury select committee on Tuesday. - Guardian.