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U.K. markets news

BT to bring ultrafast broadband to millions of homes as it unveils profit boost
Ten million homes and businesses are set to receive faster broadband, with two million in line for fibre-optic connections, as part of a three-year investment programme unveiled by BT today.
BT to invest �6bn in 'ultrafast' broadband  Financial Times
BT to invest �6bn in faster broadband and mobile services  BBC News
The Guardian  
Morrisons chalks up second straight quarter of sales growth
Morrisons is making progress towards its recovery, its chief executive said, after reporting a second consecutive quarter of like-for-like sales growth.
CompaniesMorrisons achieves second straight quarter of sales growth  Financial Times
Morrisons' sales recovery continues  BBC News
Rent continues to rise in almost every part of the UK, Homelet monitor shows
Rent has continued to rise in almost every part of the UK, according to a rental monitor by referencing firm Homelet that comes weeks after the Government increased stamp duty charges by 3 per cent.
Rents rise following tax changes on buy-to-let landlords to �764 a month  Daily Mail
Rents continue to rise across the UK and in London  The Guardian
UK service sector growth slumps to three-year low – business live
Britain's services sector makes up around three-quarters of the economy, so this slowdown is pretty worrying. David Noble, CEO of the Chartered Institute of Procurement & Supply, says June's EU referendum is partly to blame.
Britain's economy slows to near-stall speed before EU referendum - Markit  Yahoo Finance UK
EconomyUK services growth weakest 'in over 3 years'  Financial Times
Barclays makes $876 million from African business share sale
LONDON Barclays (BARC.L) has raised 603 million pounds ($876 million) by selling a 12.2 percent stake in Barclays Africa Group (BGAJ.
CompaniesBarclays raises �600m from African stake sale  Financial Times
Barclays raises $876 million from African business share sale  Reuters Africa
Trinity Mirror's New Day newspaper to close 'after poor sales'
Daily newspaper the New Day is set to close on Friday, just nine weeks after it was launched. Publisher Trinity Mirror said it was "disappointing" but circulation for the title was "below our expectations".
Why The New Day didn't work... and had no hope of working  The Guardian
New Day Ditched After Nine Weeks  Sky News
Centrica raises �750m to protect credit rating and fund acquisitions
Energy giant Centrica has announced it is raising about �750m through a share placing to help fund acquisitions and protect its credit rating in the face of low gas and power prices.
FTSE edges higher but British Gas owner Centrica drops after �750m cash call  The Guardian
Centrica looks to raise funds to cut debt; shares fall  Daily Mail
Britain's Rolls-Royce relying on H2 improvement to meet outlook
LONDON, May 5 (Reuters) - British aerospace and industrial power engineering company Rolls-Royce reiterated its forecast for 2016 on Thursday but said it expected the bulk of profits would only come through in the second half of the year, worrying ...
Rolls-Royce trading in line despite headwinds  Yahoo Finance UK
CompaniesRolls-Royce boss says turnaround on track  Financial Times
Hotel Chocolat founders make �20m each from stock market debut
Angus Thirlwell, chief executive and co-founder of chocolate company Hotel Chocolat. Photograph: Anna Gordon for the Guardian. Angela Monaghan.
Hotel Chocolat sweetens sour markets with �167m float  Telegraph.co.uk
Hotel Chocolat founders set for sweet payday  Insider Media
CompaniesProvident Financial optimistic for 2016
The UK's biggest doorstep lender Provident Financial says profits are “in line with or above” the company's internal forecasts for the first quarter which “provides the foundation for another good performance in 2016″.
Provident reports a strong start to 2016  Hemsworth and South Elmsall Express
Vanquis Bank helps Provident Financial makes good start to year  DIGITALLOOK