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FTSE 250 movers: Travel stocks rally; Paragon gives back some gains
London’s FTSE 250 was down 0. 5% at 22,786. 41 in afternoon trade on Wednesday.
FTSE 100 movers: IAG flies higher; Evraz in the red
London’s FTSE 100 was down 0. 3% at 7,078. 60 in afternoon trade on Wednesday.
Credit Suisse highlights 'underappreciated growth drivers' at Smith & Nephew
Credit Suisse upgraded shares of artificial hip and knee maker Smith & Nephew on Wednesday to ‘outperform’ from ‘neutral’, lifting the price target to 1,805p from 1,560p as it pointed to "underappreciated growth drivers".
London midday: Stocks in the red as inflation concerns weigh
London stocks had fallen further into the red by midday on Wednesday amid concerns about rising inflation after the latest set of figures from China and ahead of US data later in the week.
Sirius Real Estate considering issue of senior unsecured bonds
Sirius Real Estate said on Wednesday that it is assessing the opportunity to issue senior unsecured bonds, "as part of a broader strategy to move to a funding structure more balanced between secured and unsecured debt".
London open: Stocks edge lower amid inflation concerns
London stocks edged lower in early trade on Wednesday amid concerns about rising inflation after the latest set of figures from China and ahead of US data later in the week.
Rolls-Royce appoints Anita Frew as new chair
Engine maker Rolls-Royce said on Wednesday that Anita Frew will succeed Sir Ian Davis as chair on 1 October.
London pre-open: Stocks to nudge lower after China inflation data
London stocks were set to nudge down at the open on Wednesday as investors digest Chinese inflation figures.
Wednesday newspaper round-up: Easing delay, Fastly, Cambridge Quantum Computing
Rishi Sunak is willing to accept a delay of up to four weeks to the final stage of England’s reopening roadmap, the Guardian understands, as the government considers extending restrictions beyond 21 June. Ministers will continue to scrutinise data on cases and hospitalisations over the coming days, with a final decision set to be announced by the prime minister on Monday. From 21 June nightclubs are due to reopen, with the cap on wedding numbers, large-scale events and indoor mixing lifted and guidance on working from home and mask-wearing dropped.