Chancellor Philip Hammond has announced new tax breaks to encourage investment in North Sea oil and gas producers.
Philip Hammond scrapped stamp duty on almost all first-time property purchases as he sought to inject good news into his Budget after a series of cuts to the outlook for the economy.
The Treasury was facing the prospect of a rather expensive mobile phone bill on Wednesday, after a £300m appeal against a significant increase in annual license fees was upheld.
Esports entertainment business Gfinity saw revenue increase 64% to £2. 37m in the year to 30 June, it reported on Wednesday, with its loss before tax widening to £5. 3m from £3. 1m.
A range of new housing policies were proposed by Chancellor Philip Hammond in his Budget statement, including more funds for smaller housebuilder, a probe into potential holding of land by major housebuilders and a stamp duty cut for first-time buyers.
Rambler Metals and Mining announced the appointment of Scott Britton as its new general manager at the Ming Copper-Gold Mine in Baie Verte, Newfoundland and Labrador, Canada on Wednesday.
Europe-focussed lead-zinc explorer Ferrum Crescent announced on Wednesday that, following a formal application to the Director-General of Mines of the Province of Leόn, its exploration licence on the Toral lead-zinc project has been renewed for a further three-year term to November 2020.
Out-of-hospital services provider Totally has been awarded a two year contract extension ‘in-principle’ to 31 March 2020 with NHS Vale of York Clinical Commissioning Group, it announced on Wednesday.
Immedia announced its latest DreamStream X content platform on Wednesday, which it said offers brand-owned interactive entertainment channels to global fan bases via mobile and web.
Masonry products producer Forterra updated the market on its trading to 31 October on Wednesday, saying that it continued to be underpinned by “good activity levels” in the new build residential sector, resulting in double-digit growth of brick and aggregate block volumes for the 10 months to October compared with the same period last year.
Myanmar-language social media, entertainment and payments platform MySQUAR announced on Wednesday that as of 31 October, the total number of registered users across all apps and games exceeded 20 million.
Digital marketing software-as-a-service and managed services provider dotDigital Group has completed the acquisition of the Comapi group of companies for a cash consideration of £11m, it announced on Wednesday.
London's FTSE 100 was up 0. 5% to 7,447. 38 in afternoon trade on Wednesday, as investors digested Chancellor Philip Hammond's Autumn Budget.
Orders for goods made to last more than three years slowed much more quickly than expected last month amid a decline in those for aircraft, both civilian and military.
UK gross domestic product growth is expected to be even worse than expected in coming years due to lower productivity, public spending cuts and Brexit-related uncertainty, with growth expected to slow to just 1. 3% for two years from 2019.
The number of Americans filing for unemployment benefits fell a touch more than expected last week, according to data from the Labor Department.
Stocks are seeing modest gains as traders wait for the release of the minutes of the US Federal Reserve's last rate-setting meeting in the evening and monitor the news-flow out of Germany, amid speculation that a 'grand coalition' between Germany's two main political parties, the centre-right CDU/CSU and the Socialist SPD, may yet be possible.
Canadian gold production and exploration firm Orosur Mining was expecting a deferral of approximately 2,000 ounces from the second quarter production at its San Gregorio West (SGW) mine complex in Uraguay as production was delayed due to essential repairs.
Geotechnical engineering contractors Van Elle Holdings saw "positive" trading over the first half of its financial year, increasing pre-tax profit roughly 15% with the board expecting to report a turnover in the vicinity of £53m.
Markets in Asia were mostly higher on Wednesday, with Hong Kong’s benchmark breaking through the 30,000 level, following a strong session on Wall Street overnight.