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Big Yellow said on Thursday that it was 'continually' evaluating all options for maximising shareholder value after activist investor Ancora Holdings Group urged the self-storage company to explore a sale.
Jupiter Fund Management reported record assets under management (AUM) on Thursday as client inflows continued into the third quarter, supported by strong investment performance and market returns.
Major indices were mixed early on Thursday as a sharp jump in producer prices added to pressure on tech stocks, following a hotter‑than‑expected inflation reading and fresh worries over AI‑related overspending.
London stocks edged higher in early trade on Thursday after better-than-expected UK GDP data, but gains were muted following another tech selloff in Asia and a hotter-than-expected US inflation reading.
Bars, clubs and restaurants will offer up to 100,000 jobs to young people not in employment, education or training (Neet) over the next three years in an effort to give them a first step on the ladder into work. The move comes before the publication of a report on Neets by the former health secretary Alan Milburn, who has warned that the number of young people not in work or education in the UK could rise to 1.25 million over the next five years unless ministers intervene. – Guardian
Gambling operator Rank Group held full year guidance as it reported a 5% rise in like-for-like net gaming revenue for the first quarter.
Peel Hunt upgraded Cranswick to ‘buy’ from ‘add’ on Monday and hiked the price target...
London’s FTSE 100 was up 0.8% at 10,811.50 in afternoon trade on Thursday.
European shares were mixed at the open on Thursday after a tech sell-off on US and Asian markets overnight as investors continued to query the wisdom of piling up massive debts to fund artificial intelligence.
