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Staffline trading in line despite tight labour market
Recruitment and training provider Staffline updated the market on its trading for the six months ended 30 June on Wednesday, reporting that its recruitment division had continued to perform “strongly”, despite a tight labour market.
Qatar-backed venture gets approval for Elephant & Castle scheme
A venture backed by Qatar’s sovereign wealth fund has been given the go-ahead for a contentious project to build almost 1,000 homes in London’s Elephant and Castle district.
Market buzz: TalkTalk speculation grows, UK services data shortens hike odds
1435: AIM-listed fashion e-retailer Koovs is shooting higher after an investment from one of India's biggest retail groups.
FTSE 100 movers: Sainsbury's gains but miners take a hit
London's FTSE 100 was down 0. 2% to 7,579. 03 in afternoon trade on Wednesday as investors digested a better-than-expected reading on the UK services sector.
Koovs rallies as India's largest retail group subscribes for a stake
Shares in Koovs rallied on Wednesday after the Indian fast fashion retailer said that Future Lifestyle Fashions - which is part of India's biggest retail group, Future - has agreed to subscribe for a stake of up to 29. 9% in the company.
Electoral Commission accuses Vote Leave of breaking campaign spending rules
The Electoral Commission has found Vote Leave, the pro-Brexit campaign backed by foreign secretary Boris Johnson and Conservative front-bencher Michael Gove, broke legal spending limits during the Brexit referendum.
Danske Bank shares down 3% after alleged $8.3bn laundering accusations
Danske Bank shares were down 3% after reports that its Estonian operations were allegedly used to launder as much as $8. 3bn, double previous estimates.
Asia report: Markets close red as US tariffs loom over China
Markets in Asia followed their Wall Street counterparts into the red on Wednesday, as concerns around global trade continued to marinate ahead of the 6 July deadline set by Washington for fresh tariffs on Chinese imports.
Shop prices fall more slowly in June, BRC survey shows
Shop prices fell more slowly in June but the pace of decline is likely to pick up again, a survey showed.
Thruvision seeks shareholder approval for Investec tender offer
AIM-listed screening technology firm Thruvision told investors that Investec planned to make a tender offer to shareholders on Wednesday.
Wednesday broker round-up
Petra Diamonds: RBC Capital Markets upgrades to outperform with a target price of 65p.
Europe midday: Stocks little changed, trade and immigration still in the spotlight
Stocks on the Continent are little changed, with traders for the most part sitting on their hands or away from their desks given that US markets are scheduled to remain closed today in observance of 4 July.
Compass FD Johnny Thomson to step down
Compass Group said on Wednesday that Johnny Thomson will step down from his role as finance director and leave the company by the end of December.
May pleads with EU leaders not to dismiss her Brexit plan
Theresa May is begging EU leaders to give her strategy a chance as she prepares to present a softer form of Brexit to her anti-EU cabinet members.
UK Oil and Gas raises a further £2m via placing
UK Oil and Gas Investments has raised £2m on the back of a 100m share placing on Wednesday.
Retailers call for high street restructure, with sales tax to replace business rates
Retailers urged the government to urgently review business rates and set a sales tax on digital retail giants such as Amazon to save the UK's high streets.
Velocys' reactor technology not at fault for Oklahoma plant's internal leak
Renewable fuels company Velocys on Wednesday said an internal leak at its ENVIA Energy power plant in Oklahoma City was not due to faults in its core Fischer-Tropsch (FT) reactor technology.
Ovoca Gold goes the biopharmaceutical route with reverse takeover of IVIX
London-listed group Ovoca Gold has conditionally agreed to acquire up to 59. 9% of Russian firm IVIX for a cash consideration of roughly $6. 2m.
McKay Securities reports positive momentum
McKay Securities said it had positive momentum in the first quarter as demand for its office and industrial property held up despite worries over Brexit.
London midday: Stocks stay down amid trade jitters; services PMI beats forecasts
London stocks were stuck in the red at midday on Wednesday even as the pound ticked higher on the back of better-than-expected services data, with global trade concerns still weighing on investor sentiment.