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Weekly review
The FTSE 100 ended the week up 143. 31 points, or 1. 75%, closing at 8,311. 41 on Friday.
US consumer confidence little changed in August, University of Michigan says
Americans' confidence in the economy and their finances was little changed in August, the results of a closely followed survey revealed.
Europe close: Stocks end week on an up note
European shares were higher at the end of the week with risk appetite buoyed after data published the day before reduced concern around the outlook for the US economy.
Week ahead: Jackson Hole Symposium, PMI surveys in focus
Financial markets' focus over the coming week will be on the outlook for monetary policy in the US.
London close: Stocks slip on relatively quiet Friday
London's stock markets closed lower on Friday, weighed down by a stronger pound and mixed investor sentiment following the release of the latest UK retail sales figures.
Director dealings: Tullow Oil director makes share purchase
Tullow Oil revealed on Friday that non-executive director Roald Goethe had acquired 300,000 ordinary shares in the FTSE 250-listed exploration firm.
FTSE 100 movers: Entain gains on upgrade; miners in the red
London’s FTSE 100 was down 0. 5% at 8,309. 08 in quiet afternoon trade on Friday.
US open: Major indices on track for winning week despite early losses
US stocks were mostly in the red early on Friday, putting S&P 500 at risk of snapping its six-session winning streak.
US pre-open: Stocks little changed, major indices on track for winning week
US futures were in the red ahead of the bell on Friday, putting Wall Street stocks on course for a winning week.
FTSE 250 movers: Playtech bucks the trend; SSP Group off the menu
FTSE 250 (MCX) 21,008. 81 -0. 40% .
US building permits, housing starts fall in July
US building permits fell by 4% in July to a seasonally adjusted annualised rate of 1. 39m, according to the Census Bureau, the lowest level seen in four years and below market expectations of 1. 43m.
BoE appoints Alan Taylor as new rate setter
The Bank of England announced on Friday that it has appointed Professor Alan Taylor as member of the Monetary Policy Committee, replacing Jonathan Haskel.
Europe midday: Shares rise on data; Mpox drug maker Bavarian Nordic surges
European shares were higher as data from the US allayed fears of a potential recission, while upbeat retail sales figures in the UK also boosted sentiment.
London midday: Stocks fall further as sterling gains; retail sales in focus
London stocks had extended losses by midday on Friday amid a firmer pound, as investors mulled the latest UK retail sales data.
Revolut valued at $45bn after secondary share sale
British fintech firm Revolut reached a valuation of $45bn, it was reported on Friday, after a secondary share sale involving new and existing investors.
PwC fined £15m over failure to report London Capital & Finance suspicions
The Financial Conduct Authority has fined PwC £15. 0m for failing to report its belief that London Capital & Finance may be involved in fraudulent activity, marking the first time the regulator has fined an audit firm.
CMA identifies ‘significant’ concerns over infant formula market
The Competition and Markets Authority said on Friday that it will press ahead with its study of the infant formula and follow-on market after finding earlier this year that prices remained at historically high levels.
Bayer shares jump on court win in Roundup case
Shares in German chemicals maker Bayer surged on Friday after a US appeals court said it was protected under federal law which would limit liability from claims that its Roundup weed killer causes cancer.
Biome Technologies launches heavily discounted placing, shares tank
Shares in bioplastics and radio frequency technology business Biome Technologies tanked early on Friday after the group launched a heavily discounted equity round in an effort to fight off liquidation.
Anglesey Mining submits environmental impact scoping report
Anglesey Mining announced a significant milestone for its Parys Mountain project on Friday, with the submission of an environmental impact assessment (EIA) scoping report to the North Wales Minerals and Waste Planning Service on 31 July.