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UK economy to rebound faster than expected, report says
The UK economy will grow more than expected in 2021 and will regain its pre-crisis peak earlier than predicted, according to one of the country's most prominent forecasters.
UK consumer confidence up by most in a decade - Deloitte
UK consumer confidence jumped by the highest margin in at least 10 years in the first quarter of 2021 as lockdown eased and vaccinations progressed, a survey showed.
Week ahead: Federal Reserve, US Q1 GDP in focus
The market spotlight over the coming week will be on the Federal Reserve as central bankers in the US meet to decide on policy on Wednesday.
Europe close: Stocks pare losses thanks to better-than-expected PMIs
European markets finished the Friday session slightly lower, but well off their worst levels, with investors shaking off news of looming tax hikes in the States, even as they kept a wary eye on the Covid-19 surge in India.
London close: Stocks marginally higher after raft of data
London stocks managed to finish just above the waterline on Friday, after a turbulent session, with investors rifling through a raft of positive economic data out of the UK.
Broker tips: Domino's Pizza, Spectris
Analysts at Berenberg reiterated their 'sell' rating on fast-food chain Domino's Pizza on Friday, stating that its concerns regarding the stock remained unabated following the group's full-year results and first-quarter update.
Plant Health Care losses narrow as commercial arm turns cash positive
Agricultural biological products company Plant Health Care said cash used in operations reduced to $2. 5m (£1. 8m) in its final results on Friday, from $4. 4m in the prior year.
Novacyt makes progress with Covid-19 programmes
Clinical diagnostics specialist Novacyt updated the market on the progress of its near-term Covid-19 research and development programmes on Friday, addressing “rapidly-evolving” testing demands, particularly as SARS-CoV-2 continued to mutate globally.
Wishbone Gold submits programme of works for Red Setter
Wishbone Gold announced on Friday that a programme of works has been formally submitted by its consultants Terra Search to the Western Australian Government's Department of Mines, Industry Regulation and Safety (DMIRS), for the Red Setter project on the Patersons Range.
Covid-19 cases in India hit new record highs
India reported the world's highest daily tally of coronavirus infections for a second day on Friday, surpassing 330,000 new cases in 24 hours.
US factory and services output risinig at record pace, PMIs reveal
Activity in US manufacturing and services accelerated at its fastest pace on record in April, according to two surveys.
US open: Stocks trade higher following yesterday's sell-off
Wall Street stocks were in the green on Friday after concerns about an increase in capital gains taxes prompted a market-wide sell-off yesterday.
Labour announces £30bn plan to create 400,000 green jobs
The Labour party has announced a £30bn plan to revive UK manufacturing and create 400,000 clean jobs.
Europe midday: US tax rise reports keep investors in check
European markets remained muted on Friday as investors kept a wary eye on the Covid-19 surge in India and reports of broader US tax rises, despite positive manufacturing surveys in the Euro zone.
Biden eyeing hike in US capital gains tax to over 40% - Bloomberg
America's President is set to lay out plans to nearly double US taxes on capital gains to 39. 6%.
US pre-open: Futures slightly higher after fears of a capital gains tax hike sparks sell-off
Wall Street futures were slightly higher ahead of the bell on Friday after concerns about an increase in capital gains taxes prompted a market-wide sell-off yesterday.
London midday: Stocks dip despite barrage of positive readings on the economy
Stocks are holding lower at the end of the week despite very positive news out on the UK economy, after Bloomberg reported that Democrats on Capitol Hill want to double the US capital gains tax to nearly 39. 6%.