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Savills completes DRC Capital acquisition | 28 May 2021

28 May 2021 | 13:35pm StockMarketWire.com - Savills has completed its acquisition of real estate debt manager DRC Capital. The estate agents and property management company had initially bought a 25% stake in September 2018. This was made with an option to buy the remaining 75% within three years. At 1:35pm: [LON:SVS] Savills PLC share price was 0p at 967p Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Latest share price and company details:

FTSE back above 7,000 after higher than expected US inflation | 12 May 2021

12 May 2021 | 16:42pm StockMarketWire.com - Despite a slump on Wall Street as US prices rose faster than expected in March the FTSE 100 made good progress on Wednesday, trading 0.8% higher to just regain the 7,000 mantle. By 4.30pm UK time the S&P 500 in the US was down 1.2% at 4,101.69. UK sentiment was buoyed by stronger-than-anticipated economic data, with British gross domestic product falling 1.5% in the first quarter, beating expectations of a 1.6% drop. Alcoholic drinks maker Diageo gained 3.4% to £32.99, on announcing that it would initiate the second phase of £4.5 billion capital return program, but extend its duration by two years to 30 June 2024. The welcome move came as Diageo forecast organic operating profit growth to be at least 14% in its current financial year, slightly ahead of organic net sales growth.

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