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Tech rout weighs on UK markets ahead of open
European shares were set for a softer start on Wednesday, with UK investors bracing for a weaker open after a tech-led selloff on Wall Street and in Asia overnight. The risk-off tone, driven by stretched valuations and rising policy uncertainty, comes as traders look to Federal Reserve chair Jerome Powell’s remarks at this week’s Jackson Hole


IWG flags lower-end profit outcome, shares slide
International Workplace Group said it expects full-year adjusted EBITDA to come in toward the lower end of its 525 million to 565 million dollar guidance range, even as first-half profit rose and the company increased its 2025 share buyback target to at least 130 million dollars.


UK economy modestly larger than previously thought after ONS revision
Britain’s economy at the end of 2023 is now estimated to have been 2.2 percent larger than its pre-pandemic peak, up from a previous estimate of 1.9 percent, the Office for National Statistics said on Tuesday


Applied Nutrition soars after revenue guidance
Shares in Applied Nutrition jumped about 12 percent after the sports nutrition company said full-year 2025 revenue would rise...


UK grocery inflation eases to 5.0 percent, offering limited relief at tills
UK grocery inflation edged down to 5.0 percent over the four weeks to 10 August, from 5.2 percent a month earlier, according to Worldpanel by Numerator.


Apple escapes UK encryption backdoor mandate
Apple has secured a significant victory in its privacy battle with the UK government after American intelligence officials announced that Britain has agreed to drop demands for a backdoor into the tech giant’s encrypted user data.


European leaders secure Ukraine security guarantee commitments
European leaders have emerged from high-stakes meetings in Washington with renewed commitments from the United States to help guarantee...


HICL Infrastructure sells £225 million asset portfolio to Dutch pension fund
HICL Infrastructure has agreed to dispose of seven UK public-private partnership assets to Dutch pension services provider APG for a total consideration of approximately £225 million, as the investment trust continues its strategy of selective asset sales.


UK consumer confidence hits eightmonth high following BOA cut
UK consumer sentiment has reached its strongest level since October last year, according to new data released this morning, as households responded positively to the Bank of England’s recent interest rate reduction to 4%.


Asking prices for UK homes drop but sales surge in July
Britain’s housing market is showing mixed signals as summer demand remains robust but prices slip, property site Rightmove said.


L&G and Federated Hermes merge UK property funds worth $6.37bn
Legal & General (L&G) and Federated Hermes announced on Monday that they have merged their commercial UK property funds to form a combined portfolio valued at about £4.7 billion ($6.37 billion)


Britain suspends planned border checks on animal imports under EU deal
The UK government announced on Monday that it will suspend planned new border checks on live animal imports from the EU, in anticipation of a broader trade agreement with Brussels.
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