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Bloomsbury Publishing PLC Shares News & Articles

UK inflation data lifts FTSE 100, investors look to possible Bank of England rate cuts

A more favourable than feared UK inflation reading bolstered London-listed equities heading into Wednesday afternoon, as stocks recovered from a red-hot US consumer price index print on Tuesday.Housebuilders were particular beneficiaries, on hopes the Bank of England can begin cutting rates soon. The yearly inflation rate in the UK is still running at double the Bank of England?s 2% target, howeve

Shares in Bloomsbury Publishing rise as Harry Potter publisher targets sales of £242.6 million

-Trading update confirms strong sales momentum-Management see full year sales of £242.6 million-Digital Resources benefiting from acquisitionsThe Covid-19 pandemic created a new cohort of book enthusiasts.Today's trading update from Bloomsbury Publishing (BMY) for the four months through June 2022, confirms the strong demand for books with sales growing 27% year-on-year.Bloomsbury management beli
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