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Profits jump at Frasers despite revenue dip
Mike Ashley’s Frasers Group posted annual profits at the top of guidance on Thursday, despite a dip in revenues.
UK wage growth eases, vacancies fall
UK wages grew at their slowest pace in nearly two years in the three months to May, according to figures released on Thursday by the Office for National Statistics.
Big Yellow Q1 revenues rise on local demand
Self-storage specialist Big Yellow reported a rise in like-for-like revenue for the first quarter, despite a slight fall in occupancy, as demand momentum continued.
London pre-open: Stocks to rise as investors mull UK jobs data
London stocks were set to rise at the open on Thursday as investors mulled the latest UK jobs data.
3i Group makes solid start as Q1 NAV rises 4%
Private equity and infrastructure investment firm 3i Group said it had an "encouraging start" to the new financial year, with net asset value (NAV) rising 4% over the first quarter.
Anglo American holds copper and iron ore guidance, SSE operates as expected in Q1
London open The FTSE 100 is expected to open 45 points higher on Thursday, having closed on 0. 28% on Thursday at 8,187. 46.
Thursday newspaper round-up: Aslef, unemployment, Microsoft
The co-founders of Silicon Valley’s most prominent venture capital firm have announced their support for Donald Trump’s bid for re-election, and plan to make substantial donations to back him further. Ben Horowitz and Marc Andreessen, the heads of Andreessen Horowitz, commonly known as A16Z, revealed their plans in a sprawling 90-minute podcast, in which they argued that the future of “American innovation” required a Trump victory. – Guardian.
Sector movers: Mixed day for FTSE 350, tech stocks sag
UK stocks put in a mixed showing in the middle of the week as a stronger-than-expected reading on inflation tempered expectations for a September cut in Bank Rate.
US close: Dow hits another high, but tech stocks tank the Nasdaq
US stocks finished in mixed fashion on Wednesday with the Dow setting another record high but the S&P 500 and Nasdaq sinking sharply, with the latter experiencing its worst one-day sell-off in well over a year.