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United Utilities profits dip, Hammerson splashes out in Europe
London open The FTSE 100 is expected to rise 28 points on Wednesday, according to pre-market trading.
Wednesday newspaper round-up: lettings fees, BHS, BA, Lufthansa
Britain’s landlords will suffer a further blow on Wednesday as Philip Hammond announces a ban on letting agents charging fees to tenants. In his first Autumn Statement, the chancellor will take aim at the charges letting agents can levy on tenants which can include administrative services such as checking references, preparing a tenancy agreement, renewing a tenancy or ending a contract. – Financial Times.
United Utilities interim profits hit by financing charges
Underlying interim pre-tax profits at United Utilities fell £16m to £189m, as a £4m increase in underlying operating profit was more than offset by a £19m increase in underlying net finance expense.