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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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FIVE at FIVE: TikTok facing US ban; Direct Line offer; Balfour impresses; GDP drives FTSE 100 up; Metro unveils profit

1. TikTok faces US ban if ByteDance fails to divest

The bill still needs Senate approval before being passed to President Joe Biden, who has signalled his approval of the bill.

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2. Direct Line rejects new offer from Ageas

The latest proposal was made last week but the FTSE 250 company announced its rejection late morning on Wednesday.

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3. Balfour Beatty dodges HS2 trainwreck, for now

The infrastructure firm impressed the market with today’s financial results and £100 million share buyback announcement.

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4. FTSE 100 enjoys gains on UK GDP rebound

The FTSE 100 has closed 24 points higher after strong gains from some of the index’s mining giants and a GDP bounceback.

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5. Metro Bank reports first profit in five years, but pressures remain

The challenger bank's first pre-tax profit in five years came alongside news it was to cut more jobs.

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