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Friday preview: UK retail sales, Tesco in the spotlight
The market spotlight at the end of the week will be on UK retail sales data for May.
Victorian Plumbing readies largest ever flotation on AIM
Victorian Plumbing has unveiled plans for the largest flotation ever on AIM in a move designed to position it for its next stage of development.
Europe close: Stocks end on a mixed note as investors digest Fed decision
European shares finished on a mixed note on Thursday after the US Federal Reserve announced overnight that it might curb stimulus measures sooner than expected as the pace of the post Covid pandemic recovery stoked inflationary fears.
EU citizens seeking employment in UK down 36% since Brexit
The number of EU citizens searching for employment in the UK has fallen by over a third since Brexit.
Ryanair sues UK government over travel restrictions
Ryanair has teamed up with Manchester Airports Group to bring legal action against the UK government over its “traffic light” system for Covid-19 restrictions.
London close: Stocks weaker after overnight Fed surprise
London stocks closed in negative territory on Thursday, after the US Federal Reserve signalled that it could hike interest rates earlier than expected.
Broker tips: Halma, Idox, Pets at Home
Shares in safety equipment specialist Halma slumped on Thursday after Berenberg said the stock's valuation "remains a hurdle".
Director dealings: Gattaca founder ups stake
Gattaca revealed on Thursday that deputy chairman George Materna had acquired 100,000 ordinary shares in the AIM-listed recruitment solutions group.
Brighton Pier Group buys Yorkshire-based Lightwater Valley
Leisure operator Brighton Pier Group has acquired the entire share capital of Lightwater Valley Attractions, it announced on Thursday, for consideration of up to £5m in cash.
Ultra Electronics surges on report it could be a takeover target
Ultra Electronics surged on Thursday following a report the engineering and defence company could be a takeover target.
Sunrise agrees to sell non-core Nevada assets to Power Metal Resources
Sunrise Resources said on Thursday that it has reached agreement with Power Metal Resources to sell its Garfield and Stonewall Properties in Nevada.
FTSE 250 movers: Dr Martens on the back foot; Trainline chugs higher
London’s FTSE 250 was down 0. 5% at 22,495. 49 in afternoon trade on Thursday.
US open: Stocks mixed following FOMC decision, surprise increase in jobless claims
Major US indices were mixed early on Thursday after the Federal Reserve stepped up its timeline for rate hikes, with two increases now likely set to take place in 2023.
FTSE 100 movers: Halma hit by downgrade; banks rally
London’s FTSE 100 was down 0. 2% at 7,168. 93 in afternoon trade on Thursday.
Weekly US jobless claims rise for the first time since April
Weekly jobless claims rose last week for the first time since April.
Cathal Friel-led Poolbeg Pharma set to float on AIM
Infectious disease specialist Poolbeg Pharma is to list on the London Stock Exchange's junior market, AIM, with a view to raising the funds needed to develop its product pipeline.
Tern set to cross-trade stateside on OTC Venture Market
Internet-of-things (IoT) specialist investor Tern announced on Thursday that it intends to file an application with the OTC Markets Group for its ordinary shares to be publicly cross-traded on the OTCQB Market in the United States.
Hong Kong's Apple Daily raided by 500 officers over national security law breach
Hong Kong’s Apple Daily’s newsroom was raided on Thursday by 500 officers over alleged violations of China's national security law.
US mid-Atlantic factory activity dips in May
Manufacturing activity in the US mid-Atlantic region continued growing at a robust pace in June, the results of one of the most closely-followed surveys for the sector showed.