Full List Of Stories
FTSE 250 movers: Wood Group loses ground; Elementis rallies
London’s FTSE 250 was down 0. 1% at 22,076. 70 in afternoon trade on Thursday.
De La Rue renews contract with Microsoft
De La Rue has signed a five-year renewal of its contract with Microsoft, the banknote printer said on Thursday.
M&G rallies as Schroders said to have mulled buyout
M&G shares rallied on Thursday following a report that Schroders spent months earlier this year looking at a potential buyout of the investment manager.
FTSE 100 movers: M&G rallies on Schroders bid talk; Burberry slumps
London’s FTSE 100 was down 1. 2% at 6,920. 57 in afternoon trade on Thursday amid worries about rising inflation.
Citi lifts Diageo price target after update
Citi lifted its price target on Diageo on Thursday to 3,325p from 3,200p following the drinks maker’s trading update.
London midday: FTSE slumps as inflation fears rattle investors again
London stocks were firmly in the red by midday on Thursday as worries about rising inflation rattled investors again.
UDG Healthcare takeover likely to proceed, says RBC Capital
RBC Capital Markets downgraded its stance on shares of UDG Healthcare from ‘outperform’ on Thursday as it lifted the price target to 1,023p from 940p, bringing it in line with the offer received by private equity firm Clayton, Dubilier & Rice, which it reckons will go through.
Kier to raise £241m in share placing
Construction and infrastructure services group Kier said on Thursday that it plans to raise around £241m in a share placing to provide it with the "the financial and operational flexibility to continue to deliver on its strategic objectives".
Moneysupermarket's travel business to combine with Icelolly.com
Price comparison website Moneysupermarket. com said on Thursday that its TravelSupermarket business (TSM) will combined with Icelolly. com to enable "stronger and broader travel comparison services across both brands".
Countryside Properties revenues rise but profits hit by writedown
Countryside Properties backed its full-year expectations on Thursday as it reported a jump in revenue amid strength in the private for sale market, but said profit was dented by a writedown related to remedial work on high-rise developments.
London open: Stocks slump after unexpected rise in US inflation
London stocks fell sharply in early trade on Thursday, taking their cue from a weak session on Wall Street after an unexpected rise in US inflation.
Elementis sees FY performance at top end of market views
Specialty chemicals company Elementis said on Thursday that its full-year performance is set to be towards the top end of consensus expectations amid an improvement in demand.
London pre-open: Stocks to fall after US selloff
London stocks were set to fall at the open on Thursday, taking their cue from a weak US session after higher-than-expected inflation.
Thursday newspaper round-up: Greensill, work from home guidance, Bitcoin
The head of the UK financial regulator has promised to consider imposing restrictions on a system that allowed the now collapsed bank Greensill Capital to operate in the UK without a licence. Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), told MPs that Greensill’s failure had led the regulator to look “much more closely at the systems of control that the principle has in place and potentially also plac[e] some restrictions on the scale of business that can be undertaken through this mechanism”.