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On the Beach names Jon Wormald as CFO
Holiday retailer On the Beach revealed on Friday that Jon Wormald will take over as chief financial officer, succeeding Shaun Morton.
Britvic poaches British Airways CFO Rebecca Napier
Drinks company Britvic said on Friday that it has appointed Rebecca Napier as its new chief financial officer.
UK business confidence highest since May 2022 - Lloyds Bank
UK business confidence rose in March to its best level since May 2022, while pricing expectations cooled, according to the latest Lloyds Bank Business Barometer.
3i Infrastructure portfolio performs 'strongly'
Investment firm 3i Infrastructure said on Friday that its portfolio was "performing strongly" and that it was confident in its ability to continue to generate "attractive" further investment opportunities.
Marston’s secures amendment and extension of debt facilities
Pub chain Marston's said on Friday that it has successfully secured an amendment and extension of its bank and private placement debt facilities to the end of January 2025.
German retail sales register unexpected fall in February
German retail sales fell unexpectedly in February by 1. 3% in real terms compared to the previous month, according to official data released on Friday.
Europe open: Stocks edge ahead with eyes on US CPI data
European shares edged ahead on the final day of the year’s first quarter as investors eyed crucial personal consumption numbers in the US later in the afternoon.
London open: Stocks nudge up as UK GDP revised higher
London stocks nudged higher in early trade on Friday following positive US and Asian sessions, as investors mulled an upward revision to UK GDP figures and looked ahead to key US inflation data.
Rolls-Royce names Helen McCabe as CFO
Aerospace company Rolls-Royce Holdings revealed on Friday that Helen McCabe will join its board as chief financial officer later in the year.
Rio Tinto joins forces with First Quantum on Peru copper project
Rio Tinto has agreed to sell a majority stake in its La Granja copper project in Peru to Canada’s First Quantum Minerals for $105m.
UK house prices fall at fastest annual pace since July 2009
UK house prices fell in March at the fastest annual pace since July 2009, according to figures released on Friday by Nationwide.
China's economic recovery continues in March
The latest official PMIs out of China on Friday indicated that the country’s economic recovery continued in March.
Computacenter profits flat, NCC warns on profits
London open The FTSE 100 was set to open 10 points higher on Friday, having closed up 0. 74% on Thursday to end the day at 7,620. 43.
London pre-open: Stocks seen up as UK GDP revised up
London stocks were set to rise at the open on Friday following positive US and Asian sessions, as investors mulled an upward revision to UK GDP figures.
Friday newspaper round-up: Virgin Orbit, Morrisons, LME
Britain has joined the 11-member strong Asia-Pacific trade bloc that includes Japan and Australia after nearly two years of negotiations. The deal, part of a push to agree worldwide trade deals after Brexit, secures access for British exporters to 500 million people in the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). – Guardian.
US close: Stocks rise on hopes of a rate hike pause
Wall Street stocks continued their upward trend by the close on Thursday, as banking concerns showed further signs of easing.