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Abigail Obisesan, 19, on making the decision to do something “out of the ordinary”

FTSE 100 Edges Higher As Fed Officials Hold Dovish Line BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks inched higher on Friday after several U.S. Federal Reserve officials reiterated that the factors putting upward pressure on inflation are temporary and the Fed would maintain ultralow interest rates until stable recovery is seen. The benchmark FTSE 100 rose 45 points, or 0.7 percent, to 7,009 after declining 0.6 percent in the previous session. LondonMetric Property rose about 1 percent after it announced the acquisition of three urban logistics warehouses in Croydon, Dunstable and Warri...

The cash consideration of £45m will allow Crest Nicholson to “accelerate its existing strategy”. “This transaction supports one of the group’s five strategic priorities which is to utilise and maximise the value of its land portfolio,” the company said. The developer will continue to hold a 50 per cent stake in the remaining 195 acres of Longcross Garden Village, also in partnership with Aviva, where it is planning to build up to 1,700 homes. Share: Stay up to date:

Weak US retail sales helps calm inflation fears, FTSE up 1.2%

Share price Crest Nicholson sees one-off boost to profit after striking deal to sell 50% stake in Longcross Studio 14 May 2021 | 07:45am StockMarketWire.com - Home builder Crest Nicholson said it expected profit to receive a one-off boost after it agreed to sell its 50% stake in Longcross Studio, a film studio, to Longcross General Partner, an Aviva Investors company. 'We expect our proceeds from this transaction to deliver a one-off contribution in excess of £10m to Adjusted Profit Before Tax for FY21 and the receipt of approximately £45m cash consideration by the end of the financial year...