Full List Of Stories
WPP 'over-exposed' to consumer staples ad spend, Deutsche downgrades
Advertising giant WPP is likely to see its earnings growth model squeezed due to its high exposure to spending from consumer staples companies, argued Deutsche Bank as it downgraded the shares to a 'hold'.
Tuesday preview: Eyeing inflation respite, Royal Mail letters down?
The focus will be on the squeezed UK consumer with the release of June's inflation figures, while results season picks up with finals from IG and quarterly numbers from Royal Mail and Experian.
EVR Holdings agrees to make VR content for Sony Music
EVR Holdings subsidiary MelodyVR has agreed a contract to create and distribute virtual reality content for Sony Music's hige roster of artists, which runs from Beyonce and Daft Punk to Miley Cyrus and Susan Boyle.
Investor and business confidence crash amid Brexit worries
Business and investor confidence have both taken a turn for the worse, amid growing concern about squeezed consumer purses and as domestic politics undermines Brexit talks that continued on Monday.
Shops enjoy the better weather, BRC-Springboard finds
UK shops benefitted from better weather last month and growth in the number of visitors was greater than the previous month, the British Retail Consortium said.
Carillion beefs up advisors with EY focusing on cash and costs
Carillion has further beefed up its cabal of advisors, appointing EY with immediate effect to support the strategic review launched after its massive profit warning a week ago, with accountants from the firm charged with focusing upon cost reduction and cash collection.
House prices remain flat a year after Brexit - Rightmove
Prices of homes put up for sale in the UK remained just about flat last month, according to research published overnight.
ITV confirms new CEO, Centrica sets up gas JV
London open The FTSE 100 is predicted to rise 31 points on Monday, according to traders in the City.
ITV confirms swoop for easyJet chief McCall
ITV has poached Carolyn McCall from easyJet to be its new chief executive.