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Latest News
07 Nov
bank of england
London midday: Stocks stay up, sterling slips as BoE split over rates

London stocks were still a little higher by midday on Thursday after the Bank of England kept interest rates on hold but with two dissenters, as investors waded through an avalanche of corporate news and welcomed signs of progress in US-China trade relations.

07 Nov
provident financial
Provident Financial hails good new customer momentum

Provident Financial on Thursday said third quarter results were in line with expectations as it reported "good momentum" in new customer volumes.

07 Nov
Virgin Trains by JamesZ_Flickr (Flickr)
CMA flags FirstGroup involvement in West Coast franchise

The Competition and Markets Authority waded into the awarding of the West Coast rail franchise on Thursday, raising concerns on 21 routes in the north of England and Scotland.

07 Nov
tate&Lyle, tate Lyle, food
Tate & Lyle profit jumps 45% in first half

Tate & Lyle reported a 45% jump in first-half profit on Thursday as revenue ticked higher, with the food and beverage solutions division putting in a solid performance.

07 Nov
halfords
Halfords stays in line in first half, acquires McConechy's Tyre Service

Motoring and cycling products retailer Halfords Group said its first half profit was in line with its expectations on Thursday, adding that growth from strategic investment, gross margin improvements and tight cost control had partially mitigated a “challenging” retail backdrop and tough weather comparators year-on-year.

07 Nov
the works
The Works tumbles on profit warning

Shares of The Works tumbled on Thursday as the retailer warned on profits amid a "challenging" consumer environment.

07 Nov
3i infrastructure group
3i Infrastructure performing in line as it diversifies portfolio

Infrastructure investment company 3i Infrastructure reported continued outperformance of its objectives in its half-year results on Thursday, adding that it was on track to deliver an increased 2020 financial year dividend of 9. 2p per share.

07 Nov
handshake-deal
HICL Infrastructure sells two UK PPP projects for £52m

British investment company HICL Infrastructure said it was selling its interests in two UK public-private partnership projects for £52m.

07 Nov
mccarthy stone
McCarthy & Stone revenue strong amid tougher market

Retirement property developer McCarthy & Stone updated the market on its trading for the 14 month financial year ended 31 October on Thursday, reporting that full-year revenue was expected to be around £720m, up from £672m year-on-year.

07 Nov
superdry jumper
Superdry revenue slumps in H1 but gross margin improves

Fashion brand Superdry posted an 11% fall in first-half sales on Thursday, saying the drop reflects an "expected year of reset".

07 Nov
derwent london brunel building
Derwent London reports solid pre-letting progress

Derwent London reported further strong letting progress in its third quarter update on Thursday, with lettings for the year-to-date totalling £33. 5m on 486,600 square feet, which was on average 7. 0% above December’s estimated rental value.

07 Nov
Georgian lari
Bank of Georgia profits climb amid digital overhaul

Bank of Georgia (BoG) on Thursday reported a jump in third quarter profits, while income climbed as the company invested in digital development.

07 Nov
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German industrial output falls more than expected in September

German industrial production fell more than expected in September, adding to worries about a recession, according to figures released by Destatis on Thursday.

07 Nov
ep mercedes-benz s 500
Inchcape reaffirms guidance; snaps up Mercedes distributor

Inchcape on Thursday reiterated full year guidance as it reported third quarter revenue growth, driven by improvement at its core distribution business.

07 Nov
wood group technical
Wood Group earnings outlook remains 'broadly' in line with consensus

Scottish energy services company John Wood Group confirmed on Thursday that its full-year underlying earnings outlook remained broadly in line with consensus, despite the impact of a slowing macro environment.

07 Nov
Senior launches restructuring amid challenges in aerospace and Flexonics

Senior announced a restructuring programme on Thursday amid difficulties in its Flexonics and aerospace markets.

07 Nov
security cctv g4s
G4S Q3 revenue up; looking at options on cash business

G4S on Thursday reported 4. 3% growth in third quarter organic and said it was looking at unsolicited approaches for its cash solutions business as an alternative to a planned demerger.

07 Nov
ep aston martin db11 20190701100702
Aston Martin swings to third-quarter loss in 'tough' trading conditions

Luxury car maker Aston Martin Lagonda said on Thursday that it swung to a third-quarter loss amid "tough" trading conditions but that it still expects to meet market expectations for the year.

07 Nov
city london londres
London open: Stocks edge up amid deluge of corporate news

London stocks edged higher in early trade on Thursday amid renewed optimism over a US-China trade deal, as investors waded through an avalanche of corporate releases and eyed the latest policy announcement from the Bank of England.

07 Nov
Howden joinery revenues up in 'robust' performance

Howden Joinery reported a rise in revenue for the period from 16 June 2019 to 2 November 2019 in what it called a “robust” performance against a strong comparator last year.