Market Pulse
London pre-open: Burberry in fashion ahead of Carney testimony
Market sentiment took a hit overnight from weaker than expected trade numbers out of China ahead of what may be a key hearing from Bank of England governor Mark Carney and deputy governor Jon Cunliffe before the Treasury Select Committee on the financial costs and benefits of the UK's membership of the European Union, starting at 09:15GMT.
Close Bros first half profit up despite more challenging markets
Specialist financial services group Close Brothers reported a rise in first half profit despite a more challenging market backdrop.
Npower confirms 2,400 job cuts as part of 'radical restructuring'
UK energy firm Npower has confirmed plans to cut 2,400 jobs after a year when billing issues led to the loss of 350,000 customers and a financial loss of €137m (£106m).
Tuesday newspaper round-up: BoE, BHS, Wall St bonuses, Hinkley Point
The Bank of England is preparing to protect British banks from running out of funds in the event of a Brexit vote by flooding them with a wall of money in the latest sign of the authorities’ nervousness surrounding the EU referendum. The central bank has announced it will give commercial banks three exceptional opportunities just before and after the June 23 poll on Britain’s membership of the EU to borrow as much money as they like to offset any threat of a run on banks and prevent a repeat of the chaos of the financial crisis in 2007 and 2008.