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Europe close: Shares close higher despite weak UK GDP
European stock markets closed higher on Friday as investors digested UK data showing a fragile domestic economy, while shares in THG slumped after it pulled out of bid talks with Apollo.
Royal Mail chief steps down after bruising battle with unions
Royal Mail chief executive Simon Thompson has quit after a bitter year-long dispute with the postal workers' union, the company said on Friday.
Europe open: UK GDP shows weak growth; THG slumps as Apollo talks end
European stock markets opened higher Friday as investors digested UK data showing the domestic economy grew in the first quarter, but a fall in March highlighted the fragility of any recovery, while shares in THG slumped after it pulled out of bid talks with Apollo.
Europe midday: Shares hold gains amid weak UK GDP figures
European stock markets held gains at midday on Friday as investors digested UK data showing a fragile domestic economy, while shares in THG slumped after it pulled out of bid talks with Apollo.
GSK sells 2.5% Haleon stake at discount for £804m
UK pharmaceuticals company GSK said it had sold a 2. 5% stake in Haleon at 335p a share, raising £804m.
Balfour Beatty sees flat FY profit; Current trading in line
Infrastructure group Balfour Beatty said it expected annual profits to be flat, with current trading in line with expectations.