19 May 2021 | 16:36pm
StockMarketWire.com - Global inflation worries, with UK consumer prices rising faster than expected in April, kept markets on the back foot on Wednesday with the FTSE 100 closing down 1.2% to 6,950.20.
By 4.30pm UK time the US S&P 500 index was 1% lower at 4,084.86.
Premier Foods dipped 0.2% to 102.2p, having declared a dividend for the first time in 13 years after its annual profit more than doubled.
The maker of Mr Kipling cakes and Bisto gravy enjoyed high demand for groceries during lockdowns that helped it reduce a large debt pile. It recommended a final dividend of 1p per share.
Specialist media group Future rallied 11.5% to £26.70 as it forecast full-year results materially ahead of market expectations, after its first-half profit more than doubled.
This is the moment a Hovis baker who claimed he was left brain damaged and barely able to walk after a fall in a factory is secretly filmed running for the bus, carrying shopping and looking after his children.
Judge Heather Baucher threw out a dishonest £300,000 compensation bid from Yacob Adan, 45, and handed him a £40,000 legal bill.
Mr Adan broke his collarbone when he tripped while pulling a trolley of bread tins at Hovis giant bakery in Erith, Kent, in March 2014.
The baker claimed he was knocked unconscious, suffering brain damage and lasting disability, meaning he couldn t cook, wash or dress himself.
A Hovis baker is suing his former bosses for £280,000 after claiming a fall at work left him with brain damage.
Yacob Adan, 45, is demanding compensation from Premier Foods Plc, the former owner of the iconic bread brand, over the accident in March 2014.
He claims he was left unconscious and brain damaged after tripping while pulling a trolley of baking tins at Hovis factory in Erith, Kent.
Mr Adan, who broke his collar bone in the fall, says he has pain-related psychiatric issues, and has been left disabled and unable to work in the seven years since.
Lawyers for Premier Foods admitted he was injured but claim Mr Adan has hugely exaggerated his symptoms in a fraudulent bid to inflate his payout.