Business News Live: Ftse 100 Flat as the United Kingdom's economy stops after Asia is reduced during the night

Halma, the FTSE 100 Maker of Safety Equipment, has published a set of results that sent the price of its action flying 8.6 percent in the first operations.

CEO Marc Ronchetti praised the growth of income from 11 percent to £ 2.25 billion and announced a 7 percent increase for the dividend, a 46th consecutive year of growing the payment of the shareholders.

Halma has a market capitalization of around £ 11.5 billion and the shares are quoted to around £ 32.84 after the morning increase.

There is not much market movement so far, after a great review of expenses yesterday and that economic news this morning.

The FTSE 100 is flat, with 250 and the objective of around 0.3 percent.

Halma has increased eight percent so far to help FTSE 100 remain almost above red, more of them coming now.

After quoting during most of the day, a late fall in the actions of the United States ended in red for Wednesday, with Nasdaq below 0.5pc, the S&P 500 below 0.27pc and the basically flat Dow.

Asia then followed in kind, the Nikkei 225 that ended 0.65pc in red and Hang Seng for almost 1 percent complete.

The United Kingdom's economy was reduced by more than expected in a great blow to Rachel Reeves, just one day after he presented his expense review.

The National Statistics Office (ONS) said that the Gross Domestic Product (GDP) fell 0.3 percent in April, compared to the 0.2 percent growth in the previous month and marked the highest contraction since October 2023.

It was also worse than the contraction of 0.1 percent expected by most economists.

Good morning, welcome to the Thursday edition of the Business Live blog.

As for the main lines of the UK PLC day and around the stock markets, but the opening news is that the economy of the United Kingdom was reduced by 0.3 percent.

That is all for our continuous coverage of businesses and markets for today: we will return on Thursday morning from 8 am we see you then.

• Rachel Reeves announced the expenses plan of £ 600 billion: defense and builders of houses among them to benefit
• Ftse 100 ended the day with 0.14 percent, below a new maximum of all time
• Miner Fresnillo finished with 3.5 percent higher; Another Antofagasta miner finished 2.2 percent lower in the largest engines in the index.

A fall from the end of the day means that FTSE 100 will not reach a new high record today.

Despite an increase of approximately 0.14 percent during the day, the closing level of 8,865p is more or less a bit under the 8,871p record.

The government could have to announce “painful” fiscal measures in the next budgets to balance books after revealing new expense plans, economists warned.

On Wednesday, the chancellor established how it plans to spend hundreds of billions of pounds of taxpayers, committing to the growing departmental budgets and pumping more effective at NHS.

She said that previous tax increases, which included increases in the company's national insurance contributions in April, and the louder indebtedness rules have allowed a greater expense in public services and a greater investment.

However, Mrs. Reeves also emphasized that the Labor Government is committed to its recently reviewed tax rules.

Several reports report that Scale AI, a head -based startup.

The agreement is $ 14.8 billion (£ 10.9 billion) and will see co -founder Alexandr Wang assume a senior role in Meta, leading a “Superintelligence” laboratory department, as reported.

Would value the AI ​​scale at around $ 30.5 billion in total.

We will be finishing shortly, so it is time to look quickly in tomorrow and what we will be taking care of during the day:

The Halma Security Equipment Firm will present its financial report throughout the year, along with Young and Co Brewery.

Meanwhile, it is Tesco's turn for a commercial ad.

In the front of the economy, the latest figures for the GDP of the United Kingdom and the Balance of Trads will be thrown by the ONS at 7 am