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UK GDP perks up in second quarter despite manufacturing recession
UK economic growth picked up as expected in the second quarter of the year in spite of the manufacturing sector technically tipping into a recession and disappointing growth in June.
Ryanair grounds 400 flights as pilots walk out in 5 European states
Low-cost airline Ryanair was forced to ground almost 400 flights on Friday as Europe-wide strike action by pilots over pay cause major disruption.
Filta Group says first-half revenue and profit in line
Filta Group, a provider of fryer management and other services to commercial kitchens, said on Friday that its first-half revenue and profit are in line with management’s expectations.
Liberum cuts Card Factory price target after profit warning
Liberum cut its price target on Card Factory on Friday to 195p from 210p following the greeting cards retailer’s profit warning a day earlier.
London open: Stocks drop as investors eye UK GDP reading
London stocks fell in early trade on Friday, taking their cue from uninspiring sessions in the US and Asia ahead of the latest UK GDP reading.
London pre-open: Stocks to nudge down as investors eye GDP reading
London stocks were set to nudge a touch lower at the open on Friday, taking their cue from uninspiring sessions in the US and Asia as investors eyed the latest UK GDP reading.
Diageo begins buyback, IP Group joins Artios fundraising
London open The FTSE 100 is expected to fall 28 points on Friday, having dipped to a close of 7,741. 77 the day before.
Diageo pops cork on $2bn share buyback
Diageo has told its broker to kick off the first swathe of its £2bn share buyback programme from Friday.
Friday newspaper round-up: Immigration targets, News Corp, Drop Box, Poundworld
The Confederation of British Industry has urged Theresa May to drop her “blunt target” on immigration numbers and introduce new freedom of movement rules for EU citizens post-Brexit to ensure firms, large and small, can stay in business when the UK leaves the bloc. Outlining the results of a major consultation with business leaders, Josh Hardie, the CBI’s deputy director general, said companies believed an injection of honesty was urgently needed in the political debate about migration.