Full List Of Stories
Helios Towers raises $160m in placing
Telecommunications company Helios Towers said on Wednesday that it has raised around $160m in a share placing to strengthen its balance sheet and buy tower assets in new and existing markets.
FTSE 250 movers: Hammerson heads lower; Airlines rally
London’s FTSE 250 was down 0. 1% at 22,619. 98 in afternoon trade on Wednesday.
Barclays starts Endeavour Mining at ‘overweight’
Barclays initiated coverage of gold producer Endeavour Mining at ‘overweight’ on Wednesday with a 2,350p price target.
CMA clears billionaire Issa brothers' Asda takeover
The Competition and Markets Authority has cleared the billionaire Issa brothers’ £6. 8bn takeover of Asda.
FTSE 100 movers: Bunzl bounces; miners in the red
London's FTSE 100 was up 0. 1% at 7,182. 55 in afternoon trade on Wednesday.
CMA says funeral operators must make prices clearer
Funeral directors and crematorium operators will need to make their prices more clear to customers or risk court action, the Competition and Markets Authority said on Wednesday.
London midday: Stocks pare gains ahead of Fed, after UK inflation
London stocks had pared gains by midday on Wednesday as investors digested news that inflation jumped past the Bank of England’s 2% target in May for the first time in nearly two years and looked ahead to the latest policy announcement from the Federal Reserve.
Marlowe buys employment law compliance specialist in £2.25m deal
Marlowe has bought employment law compliance specialist Cater Leydon Millard for an enterprise value of £2. 25m.
Ifo Institute cuts German growth forecasts for 2021
Germany’s Ifo Institute has cut its growth forecasts for the country this year, citing supply bottlenecks in manufacturing.
London open: Stocks rise as inflation jumps past BoE target
London stocks rose in early trade on Wednesday as investors digested news that inflation jumped past the Bank of England’s 2% target in May for the first time in nearly two years.
N Brown says Allianz seeking additional £36m in court claim
N Brown said on Wednesday that Allianz Insurance is claiming up to an additional £36m in compensation in a claim against one of its subsidiaries, JD Williams.
UK inflation rises to 2.1% in May, pushes past BoE target
UK inflation has jumped past the Bank of England’s target for the first time in nearly two years as more businesses reopened after Covid restrictions were eased, according to figures released on Wednesday by the Office for National Statistics.
London pre-open: Stocks to edge up as investors digest inflation data
London stocks were set to edge up at the open on Wednesday as investors digest the latest UK inflation data.
Wednesday newspaper round-up: Morgan Stanley, rail chiefs, pension triple lock
Less than half of the 260 smaller companies listed on the London Stock Exchange’s main index have met the target of having a third of their board roles occupied by women, and more than half still have all-male executive leadership teams. The campaign group Women on Boards UK has analysed all firms below the FTSE 350 All-Share index, and identified what it calls a “permafrost” of smaller businesses below the top layer that have been slow in taking steps to diversify.