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UK stocks edge higher as BP, Focusrite please; Whitbread, Aveva disappoint | 27 April 2021

27 April 2021 | 08:33am StockMarketWire.com - UK stocks eked out modest gains in early trading Tuesday as investors digested some mixed earnings releases, including positive updates from BP and Focusrite and disappointing ones from Whitbread and Aveva. At 0822, the benchmark FTSE 100 index was up 6.77 points, or 0.1%, at 6,969.89. BP rose 2.6% to 304.2p on announcing that it would start a $500 million share buyback in the second quarter after its first-quarter profit was boosted by higher oil prices and refining margins. BP s underlying replacement cost profit for the three months through March jumped to $2.6 billion, up from $791 million year-on-year. It kept its dividend steady at 5.25c per share.

Serco Wins DWP Restart Contract With Estimated £350 Mln Value; Lifts FY21 View; Stock Up

Serco Wins DWP Restart Contract With Estimated £350 Mln Value; Lifts FY21 View; Stock Up HOOK (dpa-AFX) - Outsourcing services company Serco Group Plc (SRP.L) announced Tuesday that it has been awarded two contracts by the UK Department for Work and Pensions or DWP to help people find jobs in the West Central region and Wales as part of the Restart programme. The combined value over the initial four and a half-year contract period is estimated to be around 350 million pounds. The amount is dependent on the number of people who find employment. The contracts have options to extend for a further two years.

FTSE losses deepen after listless US open | 27 April 2021

27 April 2021 | 16:37pm StockMarketWire.com - The FTSE 100 saw its losses deepen through the course of the afternoon as trading on Wall Street got off to a lacklustre start. By the close the index was down 0.5% at 6,931.09 while the US S&P 500 was down 3.3 points to 4,184.31 by 4.30pm UK time. BP reversed earlier gains to trade 0.6% lower at 294.7p on announcing that it would start a $500 million share buyback in the second quarter after its first-quarter profit was boosted by higher oil prices and refining margins. BP s underlying replacement cost profit for the three months through March jumped to $2.6 billion, up from $791 million year-on-year. It kept its dividend steady at 5.25c per share.

Britain s benefit madness | Jordan Times

Britain s benefit madness | Jordan Times
jordantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jordantimes.com Daily Mail and Mail on Sunday newspapers.

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