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FTSE 100 movers: Airlines, BP in the red
London’s FTSE 100 was up 1. 2% at 8,313. 67 in afternoon trade on Tuesday.
London midday: Stocks rally as they play catch-up with US, European gains
London stocks were still firmly in the black by midday on Tuesday, with the FTSE 100 hitting record highs as markets played catch up with gains seen in the US and Europe a day earlier.
Carpetright axing more than 25% of head office staff - report
Carpet retailer Carpetright is reportedly axing more than 25% of its head office staff as it grapples with a protracted downturn in trading.
Revolution Bars in talks with 32 potential buyers
Revolution Bars said on Tuesday that it is in talks with more than 30 potential suitors in the search for a buyer to rescue the business.
UK construction sector expands at fastest pace in more than a year
The UK construction sector expanded in April at its fastest pace in more than a year, according to a survey released on Tuesday.
London open: Stocks rally as investors mull retail sales, house prices
London stocks rallied in early trade on Tuesday following solid gains on Wall Street and in Asia, as investors mulled the latest data on house prices and retail sales.
Weak customer demand dents Macfarlane Q1 profits, sales
Macfarlane slumped on Tuesday as the packaging supplier backed its full-year expectations but said sales and profits in the first quarter were below the same period a year earlier amid weak customer demand.
House prices return to growth in April - Halifax
UK house prices returned to growth in April, with the housing market "finding its feet in an era of higher interest rates", according to data released on Tuesday by Halifax.
London pre-open: FTSE called higher after solid European, US sessions
London stocks were set to rise at the open on Tuesday as investors play catch up following positive sessions in Europe and the US on Monday.
Tuesday newspaper round-up: House prices, employers, Wayve
Universal Music Group could become the latest company to face an embarrassing shareholder revolt this AGM season, after an influential advisory firm urged investors to reject an “excessive” €139m (£119m) payout for its chief executive, Lucian Grainge. Glass Lewis said it had “severe reservations” about supporting the Dutch-American music company’s pay decisions, which included a €92m share-based bonus for its British-born CEO that easily made up for a 51% cut in his salary, to €7.