Market Pulse
Europe open: Stocks edge higher; oil prices under pressure again
European stocks edged up in early trade, recovering a touch from the previous session’s losses as investors continued to eye this week’s speech by Federal Reserve Chair Janet Yellen at Jackson Hole.
Discounters continue to increase market share, Kantar says
Improved weather spurred shoppers to open up their wallets, leading to the largest acceleration in consumer spend on groceries since early 2016, according to the results of the most widely-followed figures on the sector's health.
National Grid disappointed with Ofgem decision on Drax contract
Energy regulator Ofgem has rejected a request by National Grid to recover costs it incurred under a Drax contract as it failed to meet the test criteria.
London open: Stocks rise ahead of PMIs, Yellen speech
London stocks rose on Tuesday as investors awaited manufacturing data and looked ahead to a key speech by Federal Reserve chair Janet Yellen.
Chinese business sentiment falls in August, MNI survey reveals
Chinese business sentiment fell in August as decline in demand and less favourable credit conditions weighed, according to a survey on Tuesday.
Kier Group wins UK construction frameworks worth more than £5bn
Kier Group has been awarded three major UK construction frameworks totalling more than £5bn.
Rank Group FY profit up, says no impact from Brexit vote
Rank Group, which operates Grosvenor Casinos and Mecca bingo halls, reported an increase in full-year pre-tax profit and revenues and said it sees no likely impact from the Brexit vote.
London pre-open: Stocks seen rebounding from losses; Persimmon in focus
London stocks were set to open higher on Tuesday, recovering from the previous session’s losses as investors continue to eye Federal Reserve Chair Janet Yellen’s speech at Jackson Hole at the end of the week.
Tuesday newspaper round-up: British household debt, gender pay gap, China policy
Britain is facing a debt time bomb with more than 1. 5 million households barely able to cover the interest payments on their personal loans, according to the TUC. The problem has ballooned in the past three years as families have taken on £48 billion more non-mortgage debt while disposable incomes fell. – The Times.