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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

Archive

FIVE at FIVE: £1bn trapped in Russian stocks, Aviva pledges further buyback, Royal Mail downgraded and sales at MGC ‘relentless’…

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Ukraine crisis

More than £1bn worth of investor cash is locked up in Russian stocks after a collection of investment funds blocked withdrawals from the chaotic Russian market.

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2. Aviva to return a further £3.75bn in B share scheme

The insurance giant proposed a proposed return of capital of £3.75bn to shareholders by way of a B share scheme. This is in addition to the £1bn share buy-back which is already underway.

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3. Royal Mail hit by downgrade over issues with union

Liberum notes that the CWU, which speaks for the majority of Royal Mail’s staff, has submitted a pay claim that the broker estimates will be around 7.8% if it is to match inflation.

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4. Footsie finds some support

The FTSE 100 index closed 99.36 points, or 1.36% higher on Wednesday at 7,429.56 but volatility is expected to remain a feature for markets as the war in Ukraine continues.

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5. MGC Pharmaceuticals with a positive first half

The biotech firm announced solid half yearly results supported with strong revenue - with increased sales revenue, primarily underpinned by solid demand for ArtemiC.

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Let's take a look ahead at some of tomorrow's news

Updates from Darktrace, the London Stock Exchange, Melrose and more...

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK