“We think recession, price inflation is very good for our growth,” Mr O’Leary said, suggesting passengers do not stop flying during crises but become more price sensitive, opting for budget airlines such as Ryanair. Homebuilderrose by 5.7 per cent to 98 cents after completing a €75-million share buyback programme. PaddyPower Betfair ownerincreased by 4 per cent to €94.
British government borrowing costs also improved as yields on long-term debt eased back due to the improving market confidence.slid lower in trading on Tuesday despite delivering higher profits over the past quarter. The banking giant reported adjusted pretax profits for the three months to September 30th of $6.5 billion, up from $5.5 billion a year earlier.
Yet the shares fell by 32.45p to 442.65p after it also announced the departure of its chief financial officer and executive director, Ewen Stevenson.shares made gains after the Lookfantastic and Cult Beauty owner maintained its revenue guidance for the year, despite recent difficulties.The pan-European Stoxx 600 index rose 1.4 per cent, to close at its highest level since September 20th, with real-estate, technology and financial sectors leading the gains. Boosting financial stocks,climbed 7.