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UK GDP contracts in second quarter
The UK economy contracted in the second quarter, according to figures released on Friday by the Office for National Statistics.
Profits slump at 888 Holdings as cost-of-living crisis bites
UK gambling firm 888 Holdings reported a sharp fall in interim profit on Friday, as the cost-of-living crisis and tougher online gambling safety rules hit the bottom line.
London pre-open: Stocks seen muted as investors mull GDP
London stocks were set for a muted open on Friday as investors mull the latest UK GDP data.
Flutter H1 pre-tax losses widen, AstraZeneca's Enhertu drug gets US approval
London pre-open The FTSE 100 was being called to open just 7. 3 points higher ahead of the bell on Friday after closing out the previous session 0. 55% weaker at 7,465. 91.
Friday newspaper round-up: Energy bills, John Lewis, EDF, HSBC
Ministers have been warned that energy bills will cost more than two month’s wages next year unless new help is given to households, as the chancellor, Nadhim Zahawi, told firms they must invest their “extraordinary” profits or face the threat of further taxation. The TUC ramped up calls for the government to cancel the October energy price cap rise, saying the cost of living crisis this winter was an “emergency of pandemic scale”. – Guardian.
AstraZeneca, Daiichi's Enhurtu gets US approval to treat lung cancer
AstraZeneca and Daiichi Sankyo's Enhertu drug has been approved in the US for the treatment of adult patients with unresectable or metastatic non-small cell lung cancer, the companies said on Friday.