The FTSE 100 mixed this Wednesday after the (OECD) said the global economy is set to shrink 4.5% in 2020, which is not as bad as the 6% collapse it had forecast in June. Also today - the UK’s inflation fell to 0.2% in August, from 1% in July - due largely to the ‘Eat out to help out’ government scheme. That’s good news for consumers and borrowers, not so great for savers though.
The Hut Group (LON:THG) is one of the biggest gainers after announcing the UK’s largest initial public offering since 2013 netting the company £920m. British homebuilder Redrow (LON:RDW) reported a dive in annual profit, while promising to renew dividend payouts next year.
Construction firm Galliford Try Holdings (LON:GFRD) rose after saying it expects to return to profitability in 2021.
Tiziana Life Sciences PLC (LON:TILS, NASDAQ:TLSA) has promised to 'unlock value of StemPrintER asset by listing Accustem Sciences before year end’. All three of these these interviews can be found on our website https://www.proactiveinvestors.co.uk/