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Signature Aviation to sell ERO business for $230m
Signature Aviation has agreed to sell its Engine Repair and Overhaul (ERO) business to StandardAero for $230m.
Plus500 unveils buyback and special dividend after record results
Plus500 said it would buy back up to $25m of shares and pay a special dividend as the trading platform announced record earnings driven by volatile markets during the Covid-19 crisis.
London pre-open: Stocks seen up as investors mull inflation data
London stocks were set to edge up at the open on Wednesday as investors mulled the latest UK inflation figures.
Rio Tinto delivers record divdend, adjusted revenue rises at BAT
London open The FTSE 100 is expected to open 11 points higher on Wednesday, having closed down 0. 11% on Tuesday at 6,748. 86.
Wednesday newspaper round-up: British Gas, Iceland, Lloyds Pharmacy
Millions of British Gas customers will be asked to pay almost £100 a year more for their gas and electricity after the regulator lifted its cap on energy bills. The UK’s biggest energy supplier confirmed that it would raise the price of its standard variable energy tariff by £97 a year, less than a fortnight after Ofgem said it would lift the cap to an annual average of £1,138 for a dual fuel bill. - Guardian.