Hot Off The Wires - 22 November 2019

News

• Jeremy Corbyn’s new manifesto unveiled plans to raise taxes and unleash a huge public spending drive, sparking fears that it would push the UK back to 1970s state intervention.

• The Conservatives have unveiled plans for a 3% stamp duty surcharge for non-UK tax residents in an election pledge that effectively blames foreign purchasers for inflating property prices.

• The Organisation for Economic Co-operation and Development has lifted its expectations for the UK's growth rate from 1% to 1.2% this year despite an increasingly gloomy global backdrop.

• Government borrowing has increased to its highest October level in five years.

• Ocado has been given the green light by the competition watchdog to stop calling itself a grocer after it sold half of its online retail business to Marks & Spencer.

Results

• Land Securities (LAND.L) - New Chief Executive appointment

• Rightmove (RMV.L) – Appointment of chairman

• Hochschild Mining (HOC.L) - 2020 Guidance

• Coats Group (COA.L) – Trading statement

• Playtech (PTEC.L) – Trading update and agreement with Wplay

• Randall & Quilter (RQIH.L) - New program underwriting partnership

• Bango (BGO.L) - Bango subsidiary Audiens hits targets

• Brooks MacDonald (BRK.L) – Acquisition of Cornelian Asset Managers

Trivia

Which company currently holds the record for the most complications built into a single watch?

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