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McCarthy & Stone's CFO steps down as it reports improved sales
Retirement housebuilder McCarthy & Stone said trading had improved in the first few weeks of the financial year in comparison to the sharp fall it experienced after the Brexit vote, as the company announced that its chief financial officer was stepping down after five years.
Keller wins contract in Port Said, Egypt
Keller Group has been awarded a “major” contract in Port Said, Egypt, valued at around £60m.
London pre-open: Stocks seen lower after Monday's gains
Stocks in London were set for a weaker open on Tuesday following gains in the previous session, with oil prices still in focus after Russian President Vladimir Putin told an energy congress in Turkey that the nation was ready to join OPEC in a proposed curb on production.
N Brown profits slim less than feared as sales swell
Profits fell 20% in the first half of the year for specialist-fit clothing retailer N Brown, but this was ahead of consensus forecasts and followed a recovery in sales in the second quarter.
Tuesday newspaper roundup: £66bn a year Brexit, Putin, tourism boost
Cabinet ministers are being warned that the Treasury could lose up to £66 billion a year in tax revenues under a “hard Brexit”, according to leaked government papers. GDP could fall by as much as 9. 5 per cent if Britain leaves the single market and has to rely on World Trade Organisation rules for trading with the continent, compared with if it stayed within the EU, the forecasts show. - The Times.