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Cooler UK inflation reading turbocharges stocks - Vimarsana News

Cooler UK inflation reading turbocharges stocks

Stock prices in London surged on Wednesday, with a cooler UK inflation reading lifting investor sentiment and taking pressure off the Bank of England. Annually, consumer prices rose by 7.9% in June,...

Vistry to resume dividends after housebuilder reports strong 2020 sales : CityAM - Vimarsana News

Vistry to resume dividends after housebuilder reports strong 2020 sales : CityAM

(Getty Images) Vistry has announced it will resume dividend payouts after a strong second half performance, with the housebuilder expected to report 2020 profit of around £140m. The FTSE 250 developer said this morning that it is planning a “modest” final dividend when it announces its full-year results next month. The company said the decision to resume shareholder payouts was made after a “strong second half performance” and due to its year-end net cash position of £38m  and “record” forward sales. Profit before tax for last year is expected to reach the upper end of guidance...

Source: cityam.com