Lombard – Countrywide (CWD) takes a page out of housebuyers’ book. Estate agency turns to bank of family and friends for a cash injection
Estate agency Countrywide (CWD) raises £140m from investors. About 72% of its open offer was placed and the rest is to go to existing shareholders
IG Group Holdings (IGG) – IG Index fights claim it encouraged ‘risky’ trades. Customer sues after losing at least £2m making spread bets between 2010 and 2014
warns on rising trade risks. Anglo-Australian miner cautious on outlook while costs set to increase
Wood Group (John) (WG.) revenues swell on oil rebound. Shares in FTSE 250 group rise 6% on upbeat outlook and sales growth
Hornby (HRN) veteran steps up to become chairman. Toy train maker appoints John Stansfield as it seeks to implement turnround plan
Persimmon (PSN) boosted by scheme to help first-time buyers. Housebuilder’s profits up 13% on government equity loans and low interest rates
