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FTSE gains as MPC votes to keep rates frozen
by Gavin Lumsden on Jun 18, 2014 at 17:16
Shire (SHP) advanced another 2.9% to £37.69 as bid speculation swirled round the healthcare company.
Xaar (XAR) dropped a further 6.9% to 500p after yesterday’s profits warning.
Among smaller companies Premier Foods (PFD), maker of Mr Kipling cakes and Bisto gravy, slid 9% after cutting forecast sales for its key brands, blaming a ‘subdued’ grocery market. It promised to cut costs to avoid a fall in profits.
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As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
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With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
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- Shire PLC (SHP.L)
- Associated British Foods PLC (ABF.L)
- Royal Dutch Shell PLC (RDSa.L)
- Rio Tinto PLC (RIO.L)
- BP PLC (BP.L)
- BHP Billiton PLC (BLT.L)
- Xaar PLC (XAR.L)
- Premier Foods PLC (PFD.L)
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on Jul 28, 2014 at 15:00