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Watches of Switzerland posts record FY sales, profits
Watches of Switzerland posted record full-year sales and profits on Thursday amid continued strong demand.
Entain cuts online gaming revenue outlook
UK gambling firm Entain on Thursday said online gaming revenue would be flat in the current year, as customers started to cut back on spending amid soaring inflation and prices.
Legal & General sees double-digit growth in cash, capital generation in H1
Legal & General said on Thursday that it has had a good start to 2022, that its operating performance has been in line with expectations and that it expects to deliver double-digit growth in cash and capital generation for the first half.
Persimmon sees H1 profits slightly higher than expectations
House builder Persimmon said it expected half-year profits to be “modestly” higher than expectations, despite rising energy and raw materials prices and wage increases.
Persimmon posts rise in H1 weekly sales, Currys FY profit to miss expectations
London open The FTSE 100 was called to open up around 80 points at 7,188.
London pre-open: Stocks to rise as investors mull Fed minutes
London stocks were set to open higher on Thursday following positive sessions in the US and Asia, as investors mull over the latest minutes from the US Federal Reserve.
Thursday newspaper round-up: Gambling, HSBC, Phones4U, GSK
The value of food exports to the EU dropped by £2. 4bn in the first 15 months after Brexit, according to analysis of HMRC data. However, overall exports, which were hit by the double whammy of Brexit red tape as well as decreased demand in hospitality due to the pandemic in 2021, recovered in the first three months of this year, the figures show. Data tracking exports since 1 January 2021, when the Brexit transition year ended, show UK food exports dropped by 19% to £10.