Bring up latest information with centre for news (4)
I believe the answer is:
spew
'bring up' is the definition.
(thesaurus)
'latest information with centre for news' is the wordplay.
'latest information' becomes 'SP' (starting price in betting).
'with' is a charade indicator (letters next to each other).
'centre for' says to take the centre.
The middle of 'news' is 'ew'.
'sp'+'ew'='SPEW'
(Other definitions for spew that I've seen before include "Gush forth, vomit" , "Fetch up" , "Be expelled rapidly in large quantities" , "Be sick" , "Erupt, eject" .)