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FTSE ends higher as miners rise, WH Smith ahead on cost cutting, bid buoys Hastings

UK stocks closed in positive territory on Wednesday, buoyed by strength in miners as the gold price continued to surge and with oil stocks in demand as crude prices broke higher following another significant drawdown in US weekly stockpiles. The benchmark FTSE 100 index closed up 68.72 points, or 1.14%, at 6,104.72. Motor insurer Hastings (HSTG) jumped 17.7% to 253p after it agreed to a bid ...

FTSE lower as airlines slump, Ryanair falls on second wave warning, gold hits all-time high

London’s FTSE traded 0.46% lower at 6,095.49 on Monday, led down by airlines after the UK imposed a two-week quarantine requirement on travellers from Spain. Sentiment was also dulled by mounting COVID-19 cases in the US and in places that had looked to have the virus under control, including Hong Kong and Australia. Gold soared to an all-time high as worsening diplomatic ties between ...

Director deals: Softcat, Hotel Chocolat and Morgan Sindall bosses give themselves hefty paydays

Several company bosses appear to have given themselves hefty paydays over the last week as a number of chief executives and chairmen cashed in shares. By far the biggest beneficiary has been Softcat (SCT) chairman Martin Hellawell, who sold off 1.17m shares – 1m at £10.46 per share and 170,000 at £10.96 apiece –banking £12.3m in the process. Hellawell, who used to be chief executive ...
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