TOP NEWS: Bank of England lifts rates to highest level since 2009

The Bank of England on Thursday raised interest rates to its highest level since 2009 as the central bank warned inflation could accelerate to 10%...

Thu, 05/05/2022 - 12:27


LONDON MARKET MIDDAY: Shares up, pound down as BoE hikes rates to 1%

The Bank of England on Thursday delivered the quarter-point interest rate hike that the market expected, opting against following the US central bank in a...

Thu, 05/05/2022 - 12:26


Glanbia manages inflation with pricing to deliver first-quarter growth

Glanbia PLC said on Thursday it is raising its outlook for 2022 after strong revenue growth in the first quarter of the year....

Thu, 05/05/2022 - 12:19


Reach shares drop as Ukraine war stifles revenue growth

(Alliance News)- London-based newspaper publisher Reach PLC on Thursday reported a fall in revenue following Russia's invasion of Ukraine.

For the four month period...

Thu, 05/05/2022 - 12:03


Rathbones Group posts first-quarter growth in net operating income

Rathbones Group PLC said Thursday its first-quarter performance was ‘resilient’ in the face of a market hit by inflation.

The London-based investment manager said...

Thu, 05/05/2022 - 12:02


Derwent London sees rent collection return to pre-pandemic levels

Derwent London PLC on Thursday reported that rent collection levels in the first quarter were in line with pre-pandemic levels again.

Further, the FTSE...

Thu, 05/05/2022 - 11:56


IN BRIEF: Card Factory CEO buys shares after swing to profit

Card Factory PLC - Wakefield, England-based greeting card and gift retailer - Chief Executive Officer Darcy Willson-Rymer buys 94,076 shares at average 60.39 pence, worth...

Thu, 05/05/2022 - 11:52


IN BRIEF: DWS fund lowers acceptance condition for Stagecoach offer

Stagecoach Group PLC - Perth, Scotland-based transport provider - Bidder lowers the acceptance condition for its agreed takeover offer to 50% from 75%. Pan-European Infrastructure...

Thu, 05/05/2022 - 11:51


IN BRIEF: IMI posts higher quarterly revenue, confirms guidance

IMI PLC - Birmingham-based engineering firm - Increases quarterly revenue, as its order book grows. Revenue rises by 9% from £421 million a year ago....

Thu, 05/05/2022 - 11:49


Hiscox swings to quarterly investment loss, citing interest rate rises

Hiscox Ltd's investment return swung to a quarterly loss on Thursday, as the specialist insurer battled high inflation and interest rate rises.

In the first...

Thu, 05/05/2022 - 11:44


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