Infrastructure investment company International Public Partnerships has renewed its corporate debt facility for a further three years to March 2024, it announced on Thursday, to support its future investment pipeline.
Housebuilder Vistry said it expected 2021 profits to more than double as the economy emerged from the Covid-19 pandemic boosted further by the extension of relief measures announced in the UK Budget on Wednesday.
Retail footfall rebounded in February, despite ongoing lockdown restrictions, industry data showed on Thursday.
Cyclicals paced gains in the stockmarket on Wednesday, with Travel and Leisure, and Household Goods and Construction both helped by optimism around the UK's handling of the pandemic and growing confidence both towards the US and Eurozone.
Wall Street stocks closed below the waterline on Wednesday, as investors turned their attention back to elevated bond yields.
The focus in financial markets on Thursday will be on any policy-relevant remarks out of US Federal Reserve chief, Jerome Powell, at an event hosted by the Wall Street Journal, starting from 1700 GMT.
Travel-related and homebuilders' shares paced gains on London's second-tier index on Wednesday, helped by growing confidence that UK authorities had the pandemic increasingly under control.
European shares finished on a mixed note on Wednesday as investors eyed new budget measures from the UK to help power the post Covid-19 pandemic recovery and shrugged off a survey that suggested the Eurozone might be in recession.
Google will not build tools that serve as an alternative to cookies to track web browsing traffic after it begins phasing out its existing technology from Chrome in 2022.
Samsung Electronics is considering two sites in Arizona, one in New York and another in Texas for a new $17bn chip manufacturing plant.
UK Finance Minister Rishi Sunak on Wednesday unveiled tax rises for businesses and employees as he sought to claw back some of the billions spent on mitigating the impact of the Covid-19 pandemic.
General Motors announced on Wednesday it would be extending the vehicle production cuts further at three plants in North America and adding a fourth to the list of factories hit by the global shortage in semiconductor chips.
London stocks finished in the green on Wednesday, as investors pored through the finer details of Chancellor Rishi Sunak’s budget.
Vitec revealed on Wednesday that chairman Ian McHoul had acquired 5,000 ordinary shares in the London-listed camera supports manufacturer.
UK Finance Minister Rishi Sunak on Wednesday unveiled his latest budgetary measures to deal with the impact of the coronavirus pandemic. The following is a a round-up of reactions from various industry lobbies and other parties.
Brexit disruption at the start of the year will reduce British productivity by 4% over the longer term and hit first quarter GDP by 0. 5%, the Office for Budgetary Responsibility said on Wednesday.
Analysts at Canaccord Genuity raised their target price on Travis Perkins from 1,450. 0p to 1,525. 0p on Wednesday as a result of the group "reigniting its simplification plans".
Shares of JD Wetherspoon and Mitchells & Butlers rose after Chancellor Rishi Sunak provided limited support for the UK's pubs in his budget.
London’s top-flight index was still in the green on Wednesday afternoon following Rishi Sunak’s Budget announcement, though stocks had given up some of their earlier gains in the wake of the news that corporation tax would rise from 2023.
Sainsbury’s said on Wednesday that it will forgo business rates relief on all of its stores again this year, after chancellor Rishi Sunak announced in his budget an extension until the end of June for all retail, hospitality and leisure businesses in England.
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