LONDON MARKET MIDDAY: BoE raises key UK rate by half point to 2.25%
(Alliance News) - Stocks in London were trading in the red at midday on Thursday after the Bank of England raised UK interest rates by half a percentage point to 2.25%.
Read moreThu, 04th Mar 2021 13:25
(Alliance News) - Stocks in London were trading in the red at midday on Thursday after the Bank of England raised UK interest rates by half a percentage point to 2.25%.
Read more(Alliance news) - PZ Cussons PLC on Thursday posted a "resilient" performance in the most recent financial year, with dips in both revenue and profit amid a "challenging" market backdrop, but it raised its annual dividend by just over 5%.
Read more(Sharecast News) - Consumer goods giant PZ Cussons said first quarter like-for-like sales rose 6.7% on the back of higher prices as it also reported a fall in annual profits due to lower revenues and brand impairment.
Read more(Alliance News) - Stock prices in London were higher at midday on Monday on hopes that central banks are getting control over inflation, meaning that interest rates may not have to rise as high as previously expected.
Read more(Alliance News) - PZ Cussons PLC on Monday said trading in its financial fourth quarter was in line with expectations despite a challenging business environment.
Read more(Alliance News) - Stock prices in London opened higher on Monday amid hopes of less aggressive monetary policy tightening by central banks, while Biffa shares fell after a delay to the publication of its annual results.
Read more(Alliance News) - Stock prices in London are seen opening higher on Monday following a strong close in the US on Friday and a rally across Asian markets, amid gatherings of world leaders and central bankers at separate meetings in Europe this week.
Read more(Sharecast News) - UK consumer goods and healthcare company PZ Cussons said it expected annual group revenue of around £590m with like-for-like growth of 3%.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
Read morePZ Cussons PLC - Manchester-based manufacturer of personal care brands - Issues explanation for why at least 20% of shares cast votes against the re-election of two directors at its annual general meeting in November. Says reason are concerns from a small number of "significant shareholders over remuneration targets and non-executive director share ownership". Firm ensures it has engaged with shareholders on these issues and will continue to do so. "The board continues to keep its remuneration policy under review to ensure it aligns with regulatory requirements and incorporates feedback from stakeholders where practicable," PZ Cussons adds.
Read more(Alliance News) - PZ Cussons PLC said on Wednesday said it has seen a continued improvement in revenue trends following a decline in the first quarter of its financial year, which ends May 31.
Read more(Alliance News) - Stocks in London were called flat on Wednesday morning as investors digest surging UK inflation data, which follows on the heels of red-hot consumer prices in the US and Germany.
Read more(Sharecast News) - Consumer goods group PZ Cussons said third quarter sales rose 8.5% driven by its price-to-discount mix as it maintained volumes during the period.
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