Investments & Savings
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Persimmon pledges return to pre-crisis shareholder payouts
Persimmon pledged to restore shareholder payouts to pre-crisis levels in 2021 as the housebuilder reported an 18% decline in annual profit. Underlying…
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Rio Tinto chairman to step down following ‘tragic’ destruction of ancient caves
The chairman of Rio Tinto is to leave the blue chip miner after conceding he was “ultimately accountable” for failings that led…
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Hiscox swings to loss on higher Covid claims
Insurer Hiscox swung to a full-year loss driven by the impact of the Covid-19 pandemic and pulled its final dividend as it…
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London pre-open: Stocks to rise ahead of Sunak’s budget
London stocks were set to rise at the open on Wednesday as investors eye chancellor Rishi Sunak’s budget, much of which has…
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Wednesday newspaper round-up: Guarantor loans complaints, Greensill Capital, Blackstone boss
Complaints to the financial ombudsman about a type of high-cost loan where the debt is backed by a relative or friend have…
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Wednesday preview: Global services, DS Smith in focus
Financial markets’ focus in the middle of the week will be on global services sector activity with survey results due out in…
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London close: Markets mixed amid slew of earnings, bubble concerns
London stocks were mixed at the close on Tuesday, after a Chinese official earlier warned that foreign markets are in a bubble,…
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Broker tips: Provident Financial, Spectris
Canaccord Genuity cut its stance on shares of doorstep lender Provident Financial on Tuesday to ‘sell’ from ‘speculative buy’ and reduced its…
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FTSE 250 movers: Renishaw rallies; Provident Financial hit by downgrade
London’s FTSE 250 was flat at 21,212.61 in afternoon trade on Tuesday. Renishaw surged to the top of the index after the…
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Renishaw puts itself up for sale, shares surge
Renishaw shares surged on Tuesday after the engineer said it was putting itself up for sale as its founders look to sell…
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