The UK housing market showed signs of recovery in June but the Chancellor's stamp duty holiday will be needed to support transactions if the revival runs out of steam, the Royal Institution of Chartered Surveyors said.
Financial markets' focus on Thursday will shift back towards the US jobs market to see if the job market recovery has stalled or not.
Stocks in Europe failed to track gains across the Atlantic and finished lower.
London stocks finished in the red on Wednesday amid worries about a rise in coronavirus cases in the US and Australia, and as investors digested Chancellor Rishi Sunak’s £30bn plan to boost the UK economy.
Shore Capital downgraded Boohoo to 'sell' and said the company's share price did not reflect the risks created by allegations of mistreatment of workers in its supply chain.
Live Company Group revealed on Wednesday that chairman David Ciclitira had acquired 2. 05m ordinary shares in the AIM-listed children's entertainment and education brand.
PPHE Hotel Group confirmed on Wednesday that it was welcoming guests back to its hotels, following the launch of its 20-step 'Reassuring Moments' programme, alongside the Radisson Hotel Group.
Solo Oil updated the market on the disposal of its 28. 56% interest in the Ausable Reef gas assets in Ontario, Canada, to Levant Exploration and Production on Wednesday.
London’s FTSE 100 was down 0. 3% at 6,174. 00 in afternoon trade on Wednesday.
London’s FTSE 250 was down 0. 6% at 17,240. 97 in afternoon trade on Wednesday.
Greencoat Renewables has snapped up a 50% stake in Ireland’s Carrickallen Wind Farm, the listed investment firm announced on Wednesday.
Wall Street trading got off to a positive start on Wednesday following the sharp sell-off seen during the prior session.
Analysts at Peel Hunt reiterated their 'Conviction Buy' recommendation for shares of PureTech Health following a $110. 0m funding round for its founded entity Vor Biopharma, arguing that the transaction validated its business model.
Creightons shares fell after the health and beauty product maker delayed its annual results and said trading was challenging.
Top-ranked Spanish football team, FC Barcelona, will reportedly seek compensation from retail giant Nike after discovering a defect with new football kits.
Analysts at Berenberg hiked their target price on construction products supplier Hill & Smith from 1,325. 0p to 1,420. 0p on Wednesday, stating the group offered investors three "attractive characteristics".
Persimmon: Peel Hunt upgrades to add with a target price of 2,730. 0p.
Diagnostic commercialisation company Diaceutics said on Wednesday that it had built on its good start to the financial year, with trading in the first half in line with expectations.
Rishi Sunak has announced a series of measures aimed at boosting the UK economy as it emerges from lockdown, including a six-month job retention bonus for furloughed workers and temporarily slashing VAT on food and accommodation.
RBC Capital Markets upgraded its stance on shares of miner Rio Tinto to ‘sector perform’ from ‘underperform’ on Wednesday, hiking the price target to 4,200p from 3,600p.
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