UK inflation will outstrip gains in house prices this year and next, particularly in the capital, as uncertainty over Brexit and weak consumer spending power hits demand.
Britain's blue chip FTSE 100 .FTSE index was down 0.2 percent at 7,240.07 points by 1002 GMT, while mid caps .FTMC gained 0.2 percent.
Britain's FTSE 100 index is seen opening 11 points lower at 7,241.4 on Friday, according to financial bookmakers.
British fund managers will require banks and brokers to explain why they pull out of a foreign currency trade at the last minute under new guidelin es published.
Disappointing results, big stocks going ex-dividend and concerns over rising bond yields hit Britain’s top share index on Thursday, pulling it to a one-week low.
Morgan Sindall office installation and refurbishment business ‘Fit Out’ lifted its 2017 annual pretax profit by about a half.
Britain’s FTSE 100 futures were down 0.86 percent ahead of the cash market open.
FTSE resumed its decline to stand down 0.28% at 1000 GMT, with consumer staples and healthcare stocks leading the way down.
British company SimplyBiz is joining a queue of financial services firms preparing for flotations of 150 million pound in London stock market IPO.
Britain's FTSE 100 index is seen opening 5 points lower at 7,241.9 on Wednesday, according to financial bookmakers.
Ultratech Cement leads race to take over Binani Cement
Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors
Dalmia Bharat offers Rs 6,300 Cr
Dalmia seen to lose as UltraTech offering equity stake to creditors
Final decision on winner to be ratified by NCLT
Business Standard Reporst
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray
NHAI hopes to generate more than Rs 6000 cr Under TOT model
auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km
Successful bidder to get toll collection rights for 30 years
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
Co bags Rajasthan Project
Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan
Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation
With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets
On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation
Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations
To be out of F&O if it does not declare quarterly results by March 1
All existing F&O contracts will expire on March 28
No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1