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16.07.26 - 20:30
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A priority for the next chancellor: boost the London stock market (The Guardian)
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Politicians need to see there's something worth boosting. The current hollowing-out is not healthyAnother day, another takeover bid for a UK-listed company. In fact, Thursday saw three in one gulp. Bath-based Rotork, which makes safety valves for pipelines, is falling to Swiss group ABB for £4.1bn. Gooch & Housego, a specialist in precision optics for aerospace and defence, is being bought by a US investment firm for £346m. And Ramsdens, a financial services and pawnbroker firm, is also being taken over from the US for £230m.Individually, the deals represent splendid one-day news for the firms' shareholders since the premiums on the pre-action share prices are 73%, 41% and 49%. Collectively, however, they are yet another depressing chapter in the tale of London's incredible shrinking stock market. Continue reading......
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16.07.26 - 13:30
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FTSE 100 Modestly Lower In Cautious Trade (AFX)
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BRUSSELS (dpa-AFX) - The UK market's benchmark index FTSE 100, which recovered some ground after an early fall, remained in negative territory at noon on Thursday with investors staying reluctant ......
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15.07.26 - 13:31
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FTSE 100 Drifts Lower As Miners Shed Ground (AFX)
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BRUSSELS (dpa-AFX) - Despite coming off early lows, the UK stock market remained in negative territory around noon on Wednesday as escalating Middle East tensions and weak Chinese GDP growth data ......
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14.07.26 - 13:30
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FTSE 100 Down Nearly 0.5% At Noon (AFX)
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BRUSSELS (dpa-AFX) - The UK stock market shed ground Tuesday morning as concerns about inflation and interest rates amid rising U.S.-Iran tensions hurt investor sentiment. Oil prices climbed highe......
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