London stocks were set to gain at the open on Thursday as investors eyed the latest policy announcement form the Bank of England.
Theresa May could once again be on a collision course with the Brexiter wing of her party over a controversial proposal to keep the UK in a single market for goods. Whitehall sources said they believed free movement of goods was “100% the direction of travel” as the prime minister’s focus shifts to the next battle over Britain’s future relationship with the EU after next week’s Brussels summit. - Guardian.
Trading on Wall Street finished on a mixed note on Wednesday, with the Dow ending in the red and other indices recovering somewhat from the heavy losses seen earlier in the week, as investors appeared to set aside at least some of their worries about a trade war between the US and China.
Structural steel manufacturer Severfield sees a stable market in the UK, predicting modest growth thanks to a good pipeline of potential future orders.
Stocks staged a small bounce as investors waxed hopeful that the worst scenarios would be averted on the international trade front.
London stocks finished higher on Wednesday, but well off their best levels of the day, as investors put their concerns about the US-China trade spat to one side, at least for now.
AIM-listed digital neuroscience company Cambridge Cognition has been working on a new software product to assess mental health and well-being at work.
Trading on Wall Street began on a positive note on Wednesday, with stocks recovering a tad from the heavy losses sustained over earlier sessions as investors appeared to set aside their worries about a trade war between the US and China - for now.
Telecoms and tobacco led the way as London stocks advanced on Wednesday.
The FTSE 250 gained ground on Wednesday, led by the likes of JD Sports and Telecom Plus.
Ocado was a high riser on Wednesday as Peel Hunt said that Ocado Solutions has the potential to become the "standard" platform for retail logistics across all sectors as the operating system of retail.
Theresa May’s government has managed to see off a rebellion in The House of Commons, seeing the ‘meaningful vote’ amendment defeated after once again making concessions on the subject.
1608: The government has defeated the 'Grieve 2' amendment to a Parliamentary 'meaningful vote' on Brexit by 319 votes to 303 in the Commons, which is a majority of 16, after Dominic Grieve himself withdrew his support.
London’s FTSE 100 was up 0. 5% to 7,644. 94 in afternoon trade on Wednesday as investors put aside their worries about the US-China trade spat.
US existing home sales unexpectedly fell in May amid a lack of inventory and high prices, according to data from the National Association of Realtors.
Sky shares spiked on Wednesday as 21st Century Fox agreed a new deal for Disney to acquire most of its entertainment assets.
Background check technology and service provider ClearStar announced on Wednesday that its ClearMD mobile drug testing solution was now integrated with Abbott Laboratories.
Infrastructure investment fund Infrastructure India has agreed to a $6m increase to its existing $34m unsecured bridging loan facility, it announced on Wednesday.
WPP is selling its 18. 7% stake in New York-listed digital specialist Globant as its looks to focus the business after the controversial exit of ex-boss Sir Martin Sorrell.
Simon Lowth, chief financial officer of telco giant BT, acquired 139,744 ordinary shares in the FTSE 100 constituent on Wednesday.