The Market Report with Katie Pilbeam.  FTSE 100 rallied strongly after the shock that someone in the US administration had noticed prices are.
5 May 2021 | 16:36pm
StockMarketWire.com - Powered by gains in the mining sector and other areas which will benefit from a reopening of the global economy the FTSE 100 made strong progress on Wednesday, closing the day up 1.7% at 7,039.30.
By 4.30pm UK time the S&P 500 had made more modest gains of 0.3% to 4,178.31.
Television broadcaster ITV gained 2.2% to 127.1p as it reported a 2% uptick in first-quarter revenue amid an ongoing rebound in the advertising market.
ITV said total advertising revenue in the first half was forecast to be up around 26% year-on-year.
Online fashion retailer Boohoo shed 2% to 320.1p despite reporting a 35% rise in annual pre-tax profit, underpinned by a 41% jump in sales.
14:25 Fri 30 Apr 2021
Boohoo, ITV, Next and British Airways to dominate the diary for shortened week; BoE and US non-farms eyed
Other firms in the post-Bank Holiday calendar include housebuilder Barratt, ticket platform Trainline and Holiday Inn owner IHG
The shorter week following the Bank Holiday will still manage to cram in announcements firm a number of London’s big hitters across the retail, travel and media spaces.
Meanwhile, there will also be some macro news for investors to keep an eye on as the Bank of England makes its latest decision on interest rates, while the end of the week will bring the all-important US non-farm payroll data.
2 March 2021 | 09:27am
StockMarketWire.com - Fast fashion retailer Boohoo said denied media reports that it is facing the possibility of an investigation by the US Customs and Border Protection.
UK media reports have suggested the company and many of its suppliers are facing the a possible US import ban amid widespread allegations over the use of slave labour. The company said it confident in the action it was taking to ensure all its products meet the US Customs and Border Protection criteria on preventing the product of forced labour entering the US. Over the past 8 months the Group has been working closely with UK enforcement bodies. If the Group were to discover any suggestion of modern day slavery it would immediately disclose this to the relevant authorities, the company said. Boohoo said it continued to make significant progress to address issues including poor working conditions at one its suppliers.