Bme L News Today

4 March 2021 | 12:04pm StockMarketWire.com - A return to volatility in the bond markets helped put the FTSE 100 firmly on the back foot by midday, down 1% to 6,605.87. Investors are concerned inflationary pressures could run out of control as we emerge from the pandemic, with a planned big stimulus package in the US expected to help spur rising prices. Insurance company Aviva reported a fall in annual profit owing to the impact of Covid-19 and a fall in gross written premiums. For the year en...

4 March 2021 | 08:05am StockMarketWire.com - Variety goods value retailer B&M European Value Retail upgraded its outlook on performance as revenue and margin remained strong year to date. The company now expects EBITDA, a measure of underlying business performance, for FY21 to be in the range of £590 million to £620 million, up from the previous range announced on 7 January 2021 of £540 million to £570 million. Looking ahead, the company flagged significant forecasting challenges, which it...

FTSE stages recovery to trade 0.4% lower, as OPEC opts not increase supply