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IMF upgrades 2017 UK growth forecast, lowers 2018 view
The world's financial watchdog revised its forecast for economic growth in Britain higher for 2017.
SIG appoints Nick Maddock as new finance director
SIG has confirmed that Doug Robertson will retire as group finance director at the end of the month and leave the company on 28 February following a handover period.
Director dealings: Diurnal trio dip in after EMA submission in December
A trio of Diurnal Group directors bought shares in the hormone disease specialist, which remain little higher than the low reached late last year.
Sector movers: Miners higher on HSBC upgrades
Miners paced gains in the market following multiple upwards target price revisions from analysts at HSBC on LSE-listed copper miners and diversified miners.
Stranger Holdings raises £0.11m in placing
Stranger Holdings announced on Monday that it has raised a further £0. 11m through a placing of 11 million new ordinary shares of £0. 001 each in the Company at a price of 1p per placing share.
Global Energy buys 11 vessels as it transitions to subsea services
Global Energy Development announced on Monday that it has conditionally agreed to purchase 11 offshore subsea service vessels and a barge vessel as it seeks to adopt a new business strategy focusing on the subsea oilfield services sector.
Trump promises 'very quick' trade deal with Brexit Britain
Donald Trump has pledged to agree a quick trade deal between the US with Britain once it has exited from the European Union.
Blue Star Capital invests in blockchain firm SatoshiPay
Technology-focused investment company Blue Star Capital announced on Monday that it has entered into a conditional agreement to subscribe for an amount of €0. 64m in UK-incorporated private nano payment software and blockchain company SatoshiPay.
HSBC lifts target prices on diversified miners
HSBC revised its target prices higher for the largest of the diversified miners, telling clients it now expected a decline in commodity prices to be less pronounced that it had previously foreseen.
First Property Group creates new fund with Oxbridge colleges
Fund manager First Property Group has created a new £15. 2m fund, Fprop UK Special Opportunities, with the universities of Oxford and Cambridge to invest in commercial property.
German finance minister Schäuble issues trade warning to Trump
Wolfgang Schäuble, the German finance minister, has warned US president-elect Donald Trump that protectionist trade policies will cause long-term damage to the global economy.
FinnAust posts positive test data from Pituffik
Greenland and Finland-focused FinnAust Mining updated the market on its metallurgical test work programme at its Pituffik Titanium Project in Greenland on Monday.
Ibstock revenues rise 5% as housebuilders import fewer bricks
Britain’s largest brick manufacturer Ibstock anticipates full year earnings will be on target as revenue rose due to growing house builder activity in the second half of the year, while brick imports declined.
Independent Oil & Gas acquiring disused North Sea pipeline
Development and production-focused oil and gas company Independent Oil and Gas announced on Monday it has signed a memorandum of understanding regarding the 100% acquisition of a currently disused pipeline in the Southern North Sea, for a nominal consideration.
Broker tips: Lloyds, Barclays, RBS, Vodafone
Looking out to 2017, analysts at Macquarie retained their "bullish" stance on European banks, arguing that multiples in the sector were not "stretched", earnings were likely to recover further and consensus expectations were undemanding.
Exane picks WPP and cuts DMGT as media set to outperform in 2017
After a weak 2016, Exane BNP Paribas predicted the media sector will outperform the wider market in 2017, though downgraded Daily Mail & General Trust due to "significant operational uncertainty".
Ex-Fed boss Bernanke says Trump's views on China don't 'fit with reality'
Ben Bernanke, the former head of the US Federal Reserve, has dismissed claims from president-elect Donald Trump that China is a currency manipulator.
Forbidden Technologies signs three-year deal with deltatre
AIM-listed Forbidden Technologies has signed a three-year revenue earning deal with deltatre, which supplies digital and broadcast services in the sports market, for the use of its Forscene cloud video platform.
SQS gains new orders as it focuses on higher margin clients
SQS Software Quality Systems's annual profits were in line with expectations as the software firm focused on higher margin client engagements, while it gained new orders.
Europe midday: Car makers slump on Trump comments as stocks decline
European stocks remained in the red, with car makers losing out as investors digested comments from US President-elect Donald Trump.