Investments & Savings
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M&B chairman Bob Ivell suffers revolt at AGM
Almost one-quarter of Mitchells & Butlers shareholders voted against the pub group’s chairman in a sign of increased frustration about governance and…
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Deutsche Bank upgrades NatWest ahead of Ireland exit
Deutsche Bank upgraded NatWest to ‘hold’ from ‘sell’ on Wednesday as it took a look at Irish banks after NatWest’s announced exit…
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Bally’s agrees in principle to buy Gamesys for £2bn
Bally’s of the US has agreed in principle to buy Gamesys in a deal that would value the online gaming operator at…
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John Lewis to close eight more stores with 1,500 jobs at risk
Retailer John Lewis has confirmed the closure of eight stores, putting almost 1,500 jobs at risk as it looks to emerge from…
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Europe midday: Lockdowns, vaccine row overshadow eurozone PMIs
New lockdowns in Europe and a dispute over the Covid-19 supplies between the European Union and AstraZeneca offset positive euro zone business…
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Ryanair unveils new routes despite govt warnings on new Covid wave
Budget airline Ryanair on Wednesday said it was expanding its summer flight schedule, citing the successful rollout of Britain’s vaccination programme, despite…
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London midday: Stocks a touch weaker amid third wave worries
London stocks were still a touch weaker by midday on Wednesday amid ongoing worries about a third wave of coronavirus, as investors…
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Pendragon ‘well-positioned’ for recovery despite FY sales tumble
Car dealership Pendragon reported a modest full-year profit on Wednesday, despite seeing revenues tumble by more than a third, after a strong…
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JP Morgan ups WH Smith target but cuts to ‘neutral’
JP Morgan increased its price target for WH Smith but cut its rating to ‘neutral’ after the shares strong performance so far…
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Berenberg upgrades Unite to ‘buy’, cites increased visibility
Analysts at Berenberg upgraded student accommodation provider Unite Group from ‘hold’ to ‘buy’ on Wednesday, stating increased visibility had provided the stock…

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