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Sunak targets business to recover billions spent on Covid measures
UK Finance Minister Rishi Sunak on Wednesday unveiled tax rises for businesses and employees as he sought to claw back some of…
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UK Budget: Brexit disruption to hit Q1 GDP by 0.5%
Brexit disruption at the start of the year will reduce British productivity by 4% over the longer term and hit first quarter…
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Broker tips: Travis Perkins, XP Power
Analysts at Canaccord Genuity raised their target price on Travis Perkins from 1,450.0p to 1,525.0p on Wednesday as a result of the…
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Wetherspoon rises but Sunak disappoints on pub support
Shares of JD Wetherspoon and Mitchells & Butlers rose after Chancellor Rishi Sunak provided limited support for the UK’s pubs in his…
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Sainsbury’s to forgo business rates relief
Sainsbury’s said on Wednesday that it will forgo business rates relief on all of its stores again this year, after chancellor Rishi…
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UK Budget: Corporation tax to jump under Sunak’s plan
In perhaps the most widely trailed budget ever, Rishi Sunak announced his increase in corporation tax as expected but the details were…
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Canaccord Genuity hikes price target on Travis Perkins
Analysts at Canaccord Genuity raised their target price on Travis Perkins from 1,450.0p to 1,525.0p on Wednesday as a result of the…
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Berenberg raises target price on XP Power
Analysts at Berenberg raised their target price on XP Power from 5,500.0p to 5,945.0p on Wednesday following the group’s “impressive” 2020 performance.…
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US open: Stocks head south, bond yields tick higher
Wall Street stocks were in the red on Wednesday as investors turned their attention back to elevated bond yields. As of 1520…
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BT rallies on super deduction news
BT Group shares surged on Wednesday after chancellor Rishi Sunak announced a new investment tax super deduction policy in the budget. Under…
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