Latest News
Apax in exclusive talks to buy WGSN from Ascential - report
Ascential shares shot higher on Friday morning following a report that a major buyout firm is in talks to buy its consumer data business, WGSN.
German retail sales record shock fall in August
German retail sales recorded an unexpected month-on-month 1. 2% fall in August, well below forecasts of a 0. 5% rise, official data released on Friday showed.
UK GDP grows more than initially estimated in Q1
The UK economy grew more than initially estimated in the first quarter, according to figures released on Friday by the Office for National Statistics.
3i Infrastructure delivers decent H1 with income beat
Infrastructure investment group 3i Infrastructure (3iN) said that its portfolio continues to deliver strong earnings growth, as first-half income came in ahead of expectations.
London pre-open: Stocks seen up as investors mull UK GDP
London stocks were set to rise at the open on Friday following a positive close on Wall Street, as investors mulled the latest UK growth data.
Yew Tree Consortium ups stake in Aston Martin to 26%
Aston Martin announced on Friday that Yew Tree Consortium, led by chair Lawrence Stroll, has raised its stake in the business by a further 3. 27%.
Future warns of mixed trading conditions, Severn Trent raising £1bn for investment
London open The FTSE 100 is expected to open 21 points higher on Friday, having closed up 0. 11% on Thursday at 7,601. 85.
Friday newspaper round-up: Deloitte, Apple, BNP Paribas
UK households are facing an average tax rise of £3,500 a year by the next election, the country’s leading economics thinktank has said – the biggest increase over a parliament on records dating back more than 70 years. The Institute for Fiscal Studies (IFS) said that on current forecasts the Conservatives were on track to raise £100bn more annually by 2024 than if taxes as a share of national income had stayed the same as in 2019. – Guardian.
Rathbones CFO to become chief of staff to support Investec Wealth transition
Rathbones chief financial officer Jennifer Mathias is stepping down at the end of the year to become group chief of staff to support the integration of Investec Wealth & Investment Limited (IW&I), the company said on Friday.