Full List Of Stories
Beazley CFO announces exit
Beazley announced on Thursday that its chief financial officer Sally Lake is to leave the company next year, just two weeks after the company delivered an impressive set of results for the first half.
London midday: Mining, oil and banking stocks provide a boost
UK stocks bounced back on Wednesday, with the heavyweight mining, oil and banking sectors providing a lift despite ongoing concerns about recent Chinese economic data.
Broker tips: CLS Holdings, TP Icap
Investors had a negative reaction to CLS Holdings’ half-year results on Wednesday, but that didn’t stop broker Berenberg keeping its ‘buy’ rating on the stock.
Shore Capital sees further upside at TC ICAP after 1H beat
Shore Capital has reiterated its ‘buy’ stance on TP ICAP after the liquidity and data solutions specialist delivered a forecast-beating set of half-year results on Wednesday.
London open: Banks, miners lead the rebound early on
Mining and banking stocks led the UK’s benchmark equity index higher on Wednesday morning, rebounding after losses the previous session, despite economic data from China continuing to paint a dreary picture for the world’s second-largest economy.
Housebuilder Bellway to cut jobs as mortgage rates bite
UK housebuilder Bellway on Wednesday delivered a pessimistic outlook on near-term trading, blaming current “challenging” market conditions on the recent surge in mortgage rates and the end of the Help-to-Buy scheme.
London pre-open: Stocks set for higher start
London stocks were set for a slight rebound on Wednesday morning after falling the previous session, though concerns over the health of the Chinese economy were likely to dominate newsflow on a quiet day for company news.
TI Fluid Systems shares surge as dividend doubled
Shares in automotive sector player TI Fluid Systems surged on Tuesday as the company more than doubled its dividend and posted a surge in earnings.
Abrdn shares slump as AuM fall; Doubles share buyback
Abrdn shares slumped on Tuesday as it reported a drop in assets under management in challenging market conditions and announced a doubling of its share buyback programme.
Capita posts 1H loss, WPP cuts guidance
London open As of 0715 BST, FTSE 100 futures were adding 29. 50 points to 7,538. 0.
Taylor Wimpey reports sharp drop in profits, BAE Systems raises guidance
London open FTSE 100 futures were down by 56. 0 points at 7,595. 0.
Wednesday newspaper round-up: Bank of England, US credit rating, Shoplifters
The Bank of England should carry out an interest rate rise of a quarter of a percentage point tomorrow to keep control of stubbornly high inflation, The Times shadow monetary policy committee has argued. An overwhelming majority of the shadow MPC voted by 8-1 in favour of a 25-basis-point increase to the base rate this month, a step down from the rise of half a percentage point that the Bank was forced to carry out in June, when wage growth accelerated more than expected.