Latest News
Hipgnosis faces $1.4bn takeover by Concord Chorus
Music rights investor Hipgnosis Songs Fund said it had agreed a $1. 4bn takeover by Concord Chorus a US music and theatrical rights firm.
National Grid raises underlying EPS guidance on accounting change
National Grid has lifted its profit guidance for the year to 31 March after an accounting change due to a tax relief change announced by the government.
DiscoverIE FY sales up 1%, sees earnings in line with guidance
Electronics specialist DiscoverIE said group sales for the year to March 31 were 1% ahead of last year on a constant currency basis, after two years of strong growth when the rose 48%.
London pre-open: Stocks seen higher in early deals
UK stocks are expected to open higher on Thursday as they continue to bounce back from a sharp sell-off earlier in the week on the back of escalating tensions in the Middle East and fading hopes of rate cuts by the Federal Reserve.
Winter losses narrow for easyJet, Rentokil revenue rises in first quarter
London open The FTSE 100 is expected to open 36 points higher on Thursday, having closed up 0. 35% on Wednesday at 7,847. 99.
Thursday newspaper round-up: Royal Mail, welfare bill, Boeing, Alstom, Federal Reserve
The Labour Party is open to the prospect of a takeover of the owner of Royal Mail by the struggling postal group’s Czech billionaire investor, which is considering a renewed approach. EP Group, a conglomerate controlled by Daniel Kretinsky, revealed on Tuesday that it had made a “non-binding indicative proposal” to the board of International Distributions Services (IDS), Royal Mail’s parent company, on April 9 seeking its recommendation for a possible cash offer for the remainder of the shares it does not already own.