FTSE-100 housebuilder Persimmon weighs £1bn bid for rival Cala
Persimmon is among the prospective bidders next week for Cala Group, which has been put up for sale by owner Legal & General, Sky News learns.
Source: sky.com
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European Stocks Pare Early Gains, Close On Mixed Note
European stocks pared early gains and ended on a mixed note on Thursday as investors continued to assess the likely moves of central banks with regard to interest rates in the wake of recent economic data, and the minutes of the Federal Reserve's latest monetary policy meeting released on Wednesday.
Source: rttnews.com
UK data puts June rate cut hopes "on ice"
Stocks in London largely declined at the open on Wednesday, after a hotter-than-expected UK inflation reading kept a lid on enthusiasm. The FTSE 100 index opened down 37.88 points, 0.5%, at...
Source: marketscreener.com
European Stocks Close Lower On Inflation, Interest Rate Concerns
European stocks closed lower on Wednesday, weighed down by data showing a bigger than expected increase in consumer price inflation in the U.K. in the month of April, adding to concerns about the outlook for interest rates, after some hawkish comments from a few Fed officials suggested the U.
Source: rttnews.com
Disappointing inflation figure dismays investors
FTSE 100 falls by 0.6 per cent on its worst day in five weeks as hopes of a June interest rate cut fade
Source: thetimes.co.uk