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fste 250

  • Greencore: Strawberry sandwich maker’s shares rise amid M&S cyber fallout

    Retail

    Shares in Greencore, one of the UK’s major convenience food manufacturers, have risen six per cent following Wednesday’s trading update which highlighted another strong quarter and a robust full-year performance. The FTSE 250-listed group, which supplies sandwiches, rolls and wraps – and notably, the viral Japanese sando-inspired strawberry and cream sandwich – to Marks & [...]

    Greencore said its fourth quarter continued the momentum of the year, with manufactured volumes up approximately three per cent
  • FTSE 100 surges after Bank of England cuts interest rate

    Economics

    The FTSE 100 and FTSE 250 surged higher today after the Bank of England moved to cut interest rates to 4.5 per cent in a bid to breathe life into Britain’s ailing economy. All of the Bank’s nine-strong monetary policy committee voted in favour of a reduction in rates, with two members of the group [...]

    A new paper by the free-market think tank IEA demands the Treasury to broaden its focus from inflation to total spending in the economy – which would account for both economic growth and inflation.
  • Morgan Sindall: FTSE 250 construction group continues run of growth

    Property

    Construction and regeneration group Morgan Sindall has reported yet another half of double-digit revenue and profit growth. The FTSE 250 constituent, which is headquartered in London and helped expand Whitechapel station for Crossrail in 2021, hailed a “record” performance in the six months to 30 June. Revenue jumped 14 per cent from £1.9bn to £2.2bn. [...]

    Since entering office, planning reforms have been central to the government's attempts to stimulate higher economic growth.

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