Moonpig trading in line, FY outlook reaffirmed
Online greeting cards and gifts retailer Moonpig reaffirmed its full-year outlook on Wednesday as it said trading has been in line with its expectations since the start of the year.
Barratt Redrow FY completions rise, statutory profits up 48pc
UK homebuilder Barratt Redrow reported a solid full-year operational performance on Wednesday, delivering 17,667 home completions, up 5% on the prior year and near the top end of guidance, while statutory pre-tax profits jumped 48. 2% to £363. 5m.
London open: FTSE dips as investors mull UK inflation, ahead of Fed announcement
London stocks dipped in early trade on Wednesday as investors mulled the latest UK inflation figures and looked ahead to an expected rate hike by the Federal Reserve.
Europe open: Shares rally with all eyes on Fed rate decision
European shares opened higher on Wednesday as attention was firmly focused on a rate decision from the US Federal Reserve.
Barratt Redrow FY pre-tax profits fall, Babcock YTD trading in line with expectations
LONDON PRE-OPEN The FTSE 100 was expected to open 37. 2 points higher ahead of the bell on Wednesday, after wrapping up the previous session 0. 37% lower at 10,658. 13.
UK inflation rises to 3.1% in August amid higher fuel prices
UK inflation rose in line with expectations in August amid higher fuel prices, according to figures released on Wednesday by the Office for National Statistics.
WH Smith sees FY earnings at lower end of forecasts
WH Smith said full‑year pre-tax profit was expected to be around £75m, at the lower end of guidance, reflecting lower trading margins from increased discounts and reduced brand marketing, partly offset by cost and interest savings.
London pre-open: Stocks to rise ahead of Fed announcement; UK inflation as expected
London stocks were set to gain at the open on Wednesday following losses in the previous session, as investors mulled the latest UK inflation figures and looked ahead to an expected rate hike by the Federal Reserve.
Babcock sees FY in line as military buildup continues
Babcock said trading for the first five months of the fiscal year was in line with expectations, with strong nuclear and aviation performance and its full‑year outlook unchanged.
Wednesday newspaper round-up: Global defence bank, KPMG, Frasers Group
John Healey is in talks with the Canadian government about joining a new global defence bank intended to help allies rearm to counter mounting security threats, just weeks after Rachel Reeves rejected the move. The chancellor is understood to be actively considering a bid to join the proposed Canada-led defence, security and resilience bank (DSRB), which proponents say could help the UK fund defence projects at lower cost, before planned talks with his Canadian counterpart this week.