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Beazley lifts guidance on combined ratio improvement
Lloyd's of London insurer Beazley lifted annual guidance on Friday on the back of higher cyber risk premiums.
London open: FTSE edges higher as investors mull retail sales
London stocks edged up in early trade on Friday as investors mulled the latest retail sales and consumer confidence data and looked to the release of services and manufacturing PMIs.
Berenberg lowers Hochschild to 'hold'
Analysts at Berenberg downgraded mining group Hochschild from 'buy' to 'hold' on Friday, citing operational risks.
JTC delivers 'record new business growth' in H1
Professional services firm JTC said on Friday that it had delivered "record new business growth" in the six months ended 30 June.
UK consumer confidence remains at record low in July - GfK
UK consumer confidence remained at a record low in July amid surging prices and rising interest rates, according to the latest survey from GfK.
UK retail sales fall in June amid cost-of-living crisis
UK retail sales fell in June amid the cost-of-living crisis, according to figures released on Friday by the Office for National Statistics.
JD Sports LFL sales up 5% YTD, HomeServe trades in line with expectations
London pre-open The FTSE 100 was being called to open just 7. 5 points higher ahead of the bell on Friday after closing out the previous session 0. 09% firmer at 7,270. 51.
Homeserve trades in line with expectations
HomeServe, the international home repairs and improvements business, said trading has been in line with expectations as shareholders prepared to approve a £4bn takeover by Canada’s Brookfield Asset Management.
London pre-open: Stocks to nudge up ahead of PMIs
London stocks were set to nudge higher on Friday as investors digest the latest retail sales data and look to the release of services and manufacturing PMIs.
JD Sports LFL sales up 5% YTD
Sportswear retailer JD Sports said on Friday that like-for-like sales were up 5% year-to-date, leading the group to reiterate guidance for full-year headline pre-tax profits in line with its record performance in the year ended 29 January.
Friday newspaper round-up: Starling Bank, airlines, SFO, EDF
Starling Bank has reported its first annual profit thanks to a surge in lending, though executives played down the impact that a controversial boom in Covid loans had on its path to profit. The chief executive and founder, Anne Boden, said the latest set of earnings were a “landmark” for the eight-year-old digital bank. Starling, which is backed by investors including Goldman Sachs and Austrian billionaire Harald McPike, swung to an inaugural annual profit of £32m for the year to March, from a loss of nearly £14m over the previous 12 months.