UPDATE: Bank of England lifts GDP forecast as votes 5-4 to cut rates

The Bank of England on Thursday reduced UK interest rates by 25 basis points in a closer than expected decision.

‘It was a finely balanced decision,’...

Thu, 07/08/2025 - 12:43


IN BRIEF: Standard Chartered executives sell £10 million in shares

Standard Chartered PLC - London-based, Asia and Africa-focused lender - Sunil Kaushal, co-head of Corporate & Investment Banking, sells 390,697 shares mostly at £13.58, worth...

Thu, 07/08/2025 - 12:41


IN BRIEF: Marshalls names Diana Houghton senior independent director

Marshalls PLC - Yorkshire, England-based maker of hard landscaping products such as paving stones - Promotes Non-Executive Director Diana Houghton to senior independent director, succeeding...

Thu, 07/08/2025 - 12:25


Lunchtime market roundup: Pound up after BoE backs cut in close call

The pound moved higher but stocks in London went into reverse after the Bank of England voted to cut rates in a decision that needed...

Thu, 07/08/2025 - 12:18


Bank of England votes 5-4 to cut base rate by 25 basis points to 4.0%

The Bank of England on Thursday reduced UK interest rates by 25 basis points in a closer than expected decision.

‘It was a finely balanced decision,’...

Thu, 07/08/2025 - 12:15


Syncona net asset value rises as strategy consultation continues

Syncona Ltd on Thursday said its net asset value increased during the first quarter of its financial year, citing strong clinical execution.

The London-based investor in...

Thu, 07/08/2025 - 12:01


Spectris interim revenue up and outlook affirmed after backing KKR bid

Spectris PLC on Thursday said it expects annual profit in line with expectations, after a ‘robust’ half-year.

The provider of precision measurement instruments, test equipment...

Thu, 07/08/2025 - 11:42


Epwin shares jump as board agrees £167 million takeover by Laumann

Epwin Group PLC on Thursday said it has accepted a takeover bid from a UK subsidiary of Laumann Stiftung & Co KG, a Germany-based provider...

Thu, 07/08/2025 - 11:21


Just Group half year sales drop in ‘quieter’ defined benefits market

Just Group PLC on Thursday reported a decline in half year pension revenue reflecting lower defined benefit sales, a week after accepting a £2.4 billion...

Thu, 07/08/2025 - 11:19


Irish annual inflation rate slows in July, unemployment rises

Ireland’s annual consumer price index inflation cooled in July while unemployment increased, data published by the Central Statistics Office showed Thursday.

The country’s annual consumer price...

Thu, 07/08/2025 - 11:14


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