Market Pulse
Land Securities posts rise in first half NAV but profit drops
Property developer Land Securities reported a 5. 7% jump in first half net asset value per share thanks to a solid performance in London lettings and its retail portfolio, although pre-tax profit fell.
Tuesday newspaper round-up: EU reform plan, VW, BP, BHP Billiton
Downing Street for the first time linked membership of the European Union to national security ahead of Tuesday’s unveiling of David Cameron’s four-point reform plan intended to keep Britain in the EU. Launching a month of frenetic European diplomacy, the prime minister will insist his list of demands does not amount to “mission impossible”, as he eyes a deal with 27 European member states within weeks. – Financial Times.
London pre-open: Stocks seen higher after Monday's losses
London stocks are expected to open higher on Tuesday following losses in the previous session.