Market Pulse
Tesco turfs Dobbies out to investor group
Retail giant Tesco confirmed the sale of its Dobbies Garden Centres chain on Friday, to an investor group led by Midlothian Capital Partners and Hattington Capital.
UBM completes PR Newswire sale, announces special dividend
Trade publication and events company UBM confirmed on Friday that it has completed the sale of its PR Newswire division to Cision - a business controlled by GTCR Canyon Holdings.
JD Sports sees "excellent" first half on Euro 2016 boost
FTSE 250 retailer JD Sports Fashion said on Friday that it is well placed to deliver an “excellent” first-half result.
London pre-open: Stocks seen higher as pound recovers
London stocks were seen opening higher on Friday, recouping some of the losses from earlier this week as the pound recovers somewhat.
Friday newspaper round-up: National Grid, Barclays, Brexit
MPs are calling for National Grid, the company that runs Britain’s electricity system, to be broken up in a radical move they say could transform the UK’s energy supply. Members of the cross-party energy select committee have said they believe that National Grid, which is one of Britain’s 20 biggest companies with a market value of £36bn, faces too many conflicts of interest and should be split up. – Financial Times.