Full List Of Stories
British Airways is reportedly set to pause sales of long-haul flights to destinations such as New York amid disruption at Heathrow.
London’s FTSE 100 was up 0. 2% at 7,423. 26 in afternoon trade on Wednesday.
Citi downgraded British Gas owner Centrica on Wednesday to ‘neutral’ from ‘buy’ following a 70%+ absolute share price performance since the beginning of last year.
London stocks had pared earlier losses to trade flat by midday on Wednesday, as investors mulled the latest reading on the UK services sector and kept an eye on China-US tensions.
The UK services sector grew in July at the slowest pace since February 2021 as inflationary pressures dampened demand, according to a survey released on Wednesday.
Eurozone business activity contracted in July amid a downturn in the manufacturing sector and as service sector activity slowed, according to a survey released on Wednesday.
M&G said on Wednesday that it has agreed to buy Continuum, a provider of independent financial advice, for an undisclosed sum.
JPMorgan Cazenove upgraded BAE Systems on Wednesday to ‘overweight’ from ‘neutral’ and lifted the price target to 965p from 870p, saying it now expects the company to deliver around 10% earnings per share growth per year through to 2025 - and probably beyond - with "quite low" risk.
London stocks fell in early trade on Wednesday, taking their cue from a downbeat session on Wall Street as investors eyed an OPEC+ meeting and the latest reading on the UK services sector.
The Competition and Markets Authority said on Wednesday that it has provisionally cleared NortonLifeLock’s $8. 6bn acquisition of UK rival Avast.
Hill & Smith reported a jump in first-half profit and revenue on Wednesday as it took pricing actions to recover input cost inflation.
Insurer Hiscox said on Wednesday that it swung to an interim loss despite a strong underwriting performance.
London stocks were set to edge down at the open on Wednesday following a negative session in the US, as investors eye the latest reading on the UK services sector.
Petrol prices at the pumps are not falling fast enough and in line with wholesale price drops, according to the RAC. Over the last eight weeks, the average price paid for unleaded by drivers across the UK has only dropped by 9p a litre– all of which came off in July – despite wholesale petrol prices falling by 20p in the same time period. – Guardian.